CECO Environmental — Third Quarter 2026 Earnings Summary

CECO Environmental reported record third-quarter 2026 results following its June acquisition of Thermon, with orders reaching $777.6 million and backlog growing to $2.19 billion. The company posted revenue of $404.4 million and non-GAAP net income of $34.3 million, representing significant year-over-year growth in key financial metrics. CECO updated its full-year 2026 outlook to expect orders exceeding $2.5 billion and free cash flow conversion of approximately 100 percent of Adjusted EBITDA. Additionally, the company introduced a 2027 full-year outlook projecting revenue between $2.1 billion and $2.3 billion and Adjusted EBITDA between $475 million and $525 million.