Graham Corporation — Second Quarter Fiscal 2027 Earnings Summary

Graham Corporation reported second-quarter fiscal 2027 net sales of $69.8 million, representing a 6% increase year-over-year driven by the FlackTek acquisition and growth in the Defense and Space markets. The company achieved a gross profit margin of 28.2%, a 650 basis point improvement from the prior year, resulting in adjusted net income per diluted share of $0.52 and adjusted EBITDA of $10.3 million. Orders totaled $73.7 million with a book-to-bill ratio of 1.1x, contributing to a record backlog of $561.3 million. Financially, the company generated $46.7 million in operating cash flow, held $71.4 million in cash, and maintained zero outstanding debt at the end of the quarter while reaffirming its full-year fiscal 2027 guidance.