Gorman-Rupp Q1 net income rises to $7.9M; record orders of $178.9M up 7% YoY

GORMAN RUPP CO

2025-Q1 EPS reported $0.30 revenue$159,268,000

Net sales $159.3M (-0.7% YoY); net income $7.9M ($0.30 EPS) vs $6.5M ($0.25 EPS) prior year.
Record incoming orders $178.9M, +7.1% YoY and +27.0% sequentially; backlog $234.2M.
Gross margin expanded 200 bps to 30.4% on material cost improvements; SG&A up to 15.6% of sales.
Operating margin up 90 bps to 12.8%; adjusted EBITDA $28.2M vs $28.4M in Q1 2023.
Full-year capex guided $18-20M; net debt decreased $1.6M to $381.6M.

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