---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001423"
form_type: "8-K"
ticker: "GRC"
cik: "0000042682"
company_name: "GORMAN RUPP CO"
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T22:59:56.304974+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gorman-Rupp Q3 net sales up 50.6% to $153.8M; net income falls to $2.2M on acquisition costs and pension charges

## Summary
- Net sales $153.8M (+50.6% YoY); organic growth 11.3% excluding Fill-Rite acquisition.
- GAAP net income $2.2M ($0.09 EPS) vs $8.8M ($0.34 EPS) in Q3 2021; adjusted EPS $0.25.
- Fill-Rite contributed $40.1M sales and $8.4M adjusted EBITDA in its first full quarter.
- Adjusted EBITDA rose 56.3% to $22.5M; backlog $266.7M, up from $156.5M a year ago.
- Full-year capex guided $15-18M; management cites strong demand and ongoing pricing actions.

## SEC filing metadata
- accession: 0001157523-22-001423
- form_type: 8-K
- ticker: GRC
- cik: 0000042682
- company_name: GORMAN RUPP CO
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42682/000115752322001423/0001157523-22-001423-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42682/000115752322001423/a52954555.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001423
- JSON: https://secwatch.observer/filing/0001157523-22-001423.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001423.txt

## Key facts
- Earnings Releases
  GORMAN RUPP CO reported the third quarter ended September 30, 2022 results: revenue $153.8 million, net income $2.2 million, EPS $0.09 per share.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $153.8 million
  - Net income: $2.2 million
  - EPS: $0.09 per share
  - Result: reported results
  source text: Net sales of $153.8 million increased 50.6% or $51.7 million compared to the third quarter of 2021, an 11.3% increase excluding sales from Fill-Rite which was acquired in May 2022 Third quarter net income was $2.2 million, or $0.09 per share, compared to net income of $8.8 million, or $0.34 per share, for the third quarter of 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/42682/000115752322001423/0001157523-22-001423-index.htm
- Earnings Releases
  GORMAN RUPP CO reported the nine months ended September 30, 2022 results: revenue $375.0 million.
  - Period: the nine months ended September 30, 2022
  - Revenue: $375.0 million
  - Result: reported results
  source text: Net sales for the first nine months of 2022 were $375.0 million compared to net sales of $284.2 million for the first nine months of 2021, an increase of 32.0% or $90.9 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/42682/000115752322001423/0001157523-22-001423-index.htm

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