| Metric | Value ($ M) | Q1 FY26 |
|---|---|---|
| Revenue | 71.34 | 28.6% |
| Total Income | 71.34 | 28.6% |
| Expenditure | 67.19 | 33.0% |
| PBT | 4.18 | 16.6% |
| Net Profit | 3.91 | 15.0% |
| OPM | 5.82% | 3.13pp |
| NPM | 5.48% | 2.80pp |
| EPS | 0.34 | 19.1% |
Graham Corporation Reports First Quarter Fiscal 2027 Results
06 Aug 2026 · 6 Aug, 4:17 pm
Summary
Graham Corporation reported strong first quarter fiscal 2027 results, with record net sales of $71.3 million, up 29% year-over-year, driven by diversified revenue and the FlackTek acquisition. Gross profit increased 21% to $17.8 million, though the gross margin slightly decreased to 25.0% due to sales mix. Adjusted EBITDA grew 28% to $8.8 million. The company ended the quarter with a strengthened balance sheet, $27.0 million in cash, and no outstanding debt, while reaffirming its full-year fiscal 2027 guidance.
Key Highlights
- 1
Record net sales of $71.3 million were achieved in the first quarter of fiscal 2027, marking a 29% increase compared to the prior year.
- 2
Gross profit rose by 21% to $17.8 million, with a gross profit margin of 25.0% for the quarter.
- 3
Net income per diluted share was $0.33, while adjusted net income per diluted share was $0.49.
- 4
Adjusted EBITDA increased by 28% to $8.8 million, maintaining an Adjusted EBITDA margin of 12.3%.
- 5
Orders for the quarter were $95.9 million, resulting in a book-to-bill ratio of 1.3x and a record backlog of $557.2 million.
- 6
The company strengthened its balance sheet, ending the quarter with $27.0 million in cash and no outstanding debt.
- 7
Full year fiscal 2027 guidance has been reaffirmed.
Management Comments
Matthew J. Malone
Our first quarter results reflect continued disciplined execution and give us confidence as we look ahead to the remainder of fiscal 2027. Our revenue growth was across all of our business units, and bookings remained strong, which we believe, along with our record backlog, positions us well to achieve our long-term growth and profitability goals. At our Investor Day in June 2026, we introduced our three-year financial framework as we enter our next phase of growth which reflects the favorable tailwinds we see across our end markets. As we execute against our strategy, we remain focused on converting these opportunities into profitable growth, expanding margins and delivering long-term value for our shareholders.
Christopher J. Thome
Our first quarter results reflect the discipline we have applied across the business, and we enter fiscal 2027 with a stronger, more flexible balance sheet and no outstanding debt. This financial flexibility supports our ability to continue investing in both organic and inorganic growth while maintaining the operating discipline that has defined our performance. With our first quarter results in line with our expectations, we are reaffirming our full year fiscal 2027 guidance. We remain focused on converting our record backlog into profitable growth as we execute throughout the remainder of the year.
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