Graham Corporation

Graham Corporation Earnings Recaps

GHM Industrials 1 recap
Q3 2026 Feb 6, 2026

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.

Key takeaways
  • 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.
Full recap