---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001179"
form_type: "8-K"
ticker: "GRC"
cik: "0000042682"
company_name: "GORMAN RUPP CO"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T23:23:00.744421+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gorman-Rupp Q2 net sales $171.0M (+43.6% YoY); net income $10.5M vs loss in prior year

## Summary
- Net income of $10.5M ($0.40 diluted EPS); adjusted EPS $0.41 vs $0.27 in Q2 2022.
- Organic sales grew 21.4% ex-Fill-Rite; Fire suppression +$9.0M, industrial +$4.1M.
- Gross margin improved 650 bps to 30.2% on better labor/overhead leverage and material cost.
- Adjusted EBITDA $33.7M, up 71.6% YoY; backlog $249.8M vs $264.7M a year ago.
- YTD operating cash flow $37.9M vs $6.7M; FY2023 capex guided $18-$20M.

## SEC filing metadata
- accession: 0001157523-23-001179
- form_type: 8-K
- ticker: GRC
- cik: 0000042682
- company_name: GORMAN RUPP CO
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42682/000115752323001179/0001157523-23-001179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42682/000115752323001179/a53488031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001179
- JSON: https://secwatch.observer/filing/0001157523-23-001179.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001179.txt

## Key facts
- Earnings Releases
  GORMAN RUPP CO reported second quarter ended June 30, 2023 results: revenue $171.0 million, net income $10.5 million, EPS $0.40 per share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $171.0 million
  - Net income: $10.5 million
  - EPS: $0.40 per share
  - Result: reported results
  source text: The Gorman-Rupp Company (NYSE: GRC) reports financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Net sales of $171.0 million increased 43.6%, or $52.0 million, compared to the second quarter of 2022, a 21.4% increase excluding sales from Fill-Rite which was acquired in May 2022 Second quarter net income was $10.5 million, or $0.40 per share, compared to a net loss of ($1.0) million, or ($0.04) per share, for the second quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/42682/000115752323001179/0001157523-23-001179-index.htm

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