---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-026061"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T05:13:18.711340+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CECO Q4 record bookings $219M, revenue up 3%; reaffirms 2025 outlook $700-750M revenue

## Summary
- Q4: Revenue $158.6M (+3% YoY), gross margin 35.8% (+120 bps), net income $4.9M (+26%), GAAP EPS $0.13.
- Record bookings $218.9M (+71%), backlog $540.9M (+46%).
- Full year 2024: Revenue $557.9M (+2%), adj. EBITDA $62.8M (+9%), free cash flow $7.4M.
- 2025 guidance: Revenue $700-750M, Adj. EBITDA $90-100M, FCF 60-75% of adj. EBITDA.
- Closed three acquisitions in 2024; Profire Energy in Jan 2025; expects sale of Fluid Handling in late Q1 2025.

## SEC filing metadata
- accession: 0000950170-25-026061
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000095017025026061/0000950170-25-026061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000095017025026061/ceco-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-026061
- JSON: https://secwatch.observer/filing/0000950170-25-026061.json
- Plain text: https://secwatch.observer/filing/0000950170-25-026061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.