---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001563"
form_type: "8-K"
ticker: "GRC"
cik: "0000042682"
company_name: "GORMAN RUPP CO"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:28:27.320641+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gorman-Rupp Q3 net sales $167.5M (+8.9% YoY), net income $9.0M ($0.34 EPS) vs $2.2M

## Summary
- Net sales $167.5M, up 8.9% YoY; net income $9.0M ($0.34 EPS) vs $2.2M ($0.09 EPS) in Q3 2022.
- Adjusted EBITDA $30.5M (+16% YoY); gross margin improved to 28.7% from 26.4%.
- Total debt net of cash reduced $25.4M in Q3; capex plan ~$20M for 2023.
- Backlog $237.5M (down from $266.7M year ago); incoming orders up 6.9% YTD.

## SEC filing metadata
- accession: 0001157523-23-001563
- form_type: 8-K
- ticker: GRC
- cik: 0000042682
- company_name: GORMAN RUPP CO
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/42682/000115752323001563/0001157523-23-001563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42682/000115752323001563/a53693645.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001563
- JSON: https://secwatch.observer/filing/0001157523-23-001563.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001563.txt

## Key facts
- Earnings Releases
  GORMAN RUPP CO reported the third quarter ended September 30, 2023 results: revenue $167.5 million, net income $9.0 million, EPS $0.34 per share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $167.5 million
  - Net income: $9.0 million
  - EPS: $0.34 per share
  - Result: reported results
  source text: WIRE)--October 27, 2023--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Net sales of $167.5 million increased 8.9%, or $13.7 million, compared to the third quarter of 2022 Third quarter net income was $9.0 million, or $0.34 per share, compared to net income of $2.2 million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/42682/000115752323001563/0001157523-23-001563-index.htm

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