Graham Corporation's third quarter fiscal 2026 results showcased robust growth with revenue rising 21% to $56.7 million and a remarkable 50% increase in adjusted EBITDA, underscored by strategic acquisitions and strong order momentum.
- Revenue climbed to $56.7 million, driven by key project milestones and solid performance across end markets.
- Adjusted EBITDA surged 50% to $6 million, achieving an adjusted EBITDA margin of 10.7%.
- Record backlog reached $515.6 million with a book-to-bill ratio of 1.3x, enhancing future revenue visibility.
- Successful acquisition of Xdot Bearing Technologies bolsters capabilities in high-speed rotating machinery.
- Acquisition of FlackTek establishes a third core technology platform, enhancing market position and revenue mix towards a balanced 50%-defense, 50%-commercial framework.
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