{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000634","form_type":"8-K","ticker":"GRC","cik":"0000042682","company_name":"GORMAN RUPP CO","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.852349+00:00","generated_at":"2026-06-16T09:45:40.544739+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Gorman-Rupp Q1 net sales up 57.1% to $160.5M; EPS down to $0.25 vs $0.29 YoY","bullets":["Net sales $160.5M, up 57.1% YoY; organic sales excluding Fill-Rite rose 17.9%.","Net income $6.5M ($0.25 per share) vs $7.5M ($0.29) in Q1 2022; adjusted EPS $0.27.","Adjusted EBITDA $28.4M, up 98.7% from $14.3M; interest expense $10.2M from acquisition debt.","Incoming orders $167M, up 49.1% (12.3% ex-Fill-Rite); backlog $270.6M vs $195.5M a year ago.","Gross margin improved 340 bps to 28.4%; capex guidance $18-20M for full-year 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000634","json":"https://secwatch.observer/filing/0001157523-23-000634.json","markdown":"https://secwatch.observer/filing/0001157523-23-000634.md","text":"https://secwatch.observer/filing/0001157523-23-000634.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/42682/000115752323000634/0001157523-23-000634-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/42682/000115752323000634/a53388406.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:45:40.544739+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"97249b1b0b7991a4737ce8e274fb5ff98e63e0b6","claim":"GORMAN RUPP CO reported first quarter ended March 31, 2023 results: revenue $160.5 million, net income $6.5 million, EPS $0.25 per share.","evidence_excerpt":"Gorman-Rupp Reports First Quarter 2023 Financial Results MANSFIELD, Ohio--(BUSINESS WIRE)--April 27, 2023--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Net sales of $160.5 million increased 57.1%, or $58.3 million, compared to the first quarter of 2022, a 17.9% increase excluding sales from Fill-Rite which was acquired in May 2022 First quarter net income was $6.5 million, or $0.25 per share, compared to net income of $7.5 million, or $0.29 per share, for the first quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/42682/000115752323000634/0001157523-23-000634-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$160.5 million"},{"label":"Net income","value":"$6.5 million"},{"label":"EPS","value":"$0.25 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}