Earnings Releases·Oct 23, 2026, 9:14 AM ET

The Gorman-Rupp Company — Third Quarter 2026 Earnings Summary

Q3 2026 net sales reached a record $193.3 million (up 11.8% YoY), while net income and adjusted EPS both doubled to $22.7 million and $0.86, respectively, driven by volume growth, price increases, and non-recurring facility cost savings in the prior year.
Year-to-date net income rose 52.6% to $60.0 million ($2.27 per share) on $555.9 million in sales, with adjusted EBITDA up 18.8% to $115.5 million and operating cash flow reaching $114.9 million.
The company executed significant capital allocation, reducing total debt by $58.0 million, paying $15.0 million in dividends, and repurchasing $2.6 million of treasury shares during the first nine months of 2026.
Full-year 2026 capital expenditures are guided to be between $22.0 million and $24.0 million, supported by a healthy order backlog of $236.8 million and broad-based sales growth across all major markets.