---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-278469"
form_type: "8-K"
ticker: "GHM"
cik: "0000716314"
company_name: "GRAHAM CORP"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:06:38.605697+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Graham Q2 sales up 12% to $38.1M, record backlog $313M, reaffirms FY2023 guidance

## Summary
- Net loss $0.2M ($0.02 diluted loss); adjusted diluted EPS $0.03; adjusted EBITDA $1.5M vs $0.1M prior year.
- Record orders of $91.5M (book-to-bill 2.4x); backlog $313.3M, up 20% sequentially with 79% defense.
- Gross margin improved to 13.8% from 10.1% on better mix and execution.
- Revenue guidance reaffirmed: $135M-$150M; adjusted EBITDA $6.5M-$9.5M.
- Defense orders $69.6M driven by repeat U.S. Navy programs; expects first article projects to complete by Q1 FY2024.

## SEC filing metadata
- accession: 0001193125-22-278469
- form_type: 8-K
- ticker: GHM
- cik: 0000716314
- company_name: GRAHAM CORP
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716314/000119312522278469/0001193125-22-278469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716314/000119312522278469/d314837d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-278469
- JSON: https://secwatch.observer/filing/0001193125-22-278469.json
- Plain text: https://secwatch.observer/filing/0001193125-22-278469.txt

## Key facts
- Earnings Releases
  GRAHAM CORP reported second quarter ended September 30, 2022 results: revenue $38.1 million, net income Net loss was $196 thousand, EPS diluted earnings per share (“EPS”) was a loss of $0.02 per share. Guidance reaffirmed.
  - Period: second quarter ended September 30, 2022
  - Revenue: $38.1 million
  - Net income: Net loss was $196 thousand
  - EPS: diluted earnings per share (“EPS”) was a loss of $0.02 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: RELEASE G RAHAM C ORPORATION R EPORTS S ECOND Q UARTER F ISCAL 2023 S ALES G ROWTH OF 12% AND R ECORD B ACKLOG OF $313 MILLION ● S ECOND QUARTER SALES INCREASED $4.0 MILLION TO $38.1 MILLION OVER THE PRIOR - YEAR PERIOD REFLECTING SOLID GROWTH IN SPACE AND R EFINING /P ETROCHEMICAL C OMMERCIAL A FTERMARKET ● D EFENSE , SPACE AND OTHER COMMERCIAL REPRESENTED 65% OF
  evidence_url: https://www.sec.gov/Archives/edgar/data/716314/000119312522278469/0001193125-22-278469-index.htm

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