---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-156656"
form_type: "8-K"
ticker: "GHM"
cik: "0000716314"
company_name: "GRAHAM CORP"
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:44:29.301676+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Graham reports record FY2024 revenue of $185.5M (+18%); guides FY2025 revenue $200-210M

## Summary
- Q4 revenue $49.1M (+14% YoY); gross margin 25.9% (up 930 bps); net income $1.3M vs. loss of $0.5M.
- Full-year net income $4.6M ($0.42 EPS) vs. $0.4M ($0.03 EPS); adjusted EBITDA $13.3M (7.2% of sales).
- Record orders $268.4M (book-to-bill 1.4x); backlog $390.9M, up 30% YoY; 35-40% expected to convert in FY2025.
- Eliminated $12.5M debt; received $13.5M strategic investment from a major defense customer for Batavia expansion.
- FY2025 guidance: revenue $200-210M, gross margin 22-23%, adjusted EBITDA $16.5-19.5M, capex $10-15M.

## SEC filing metadata
- accession: 0001193125-24-156656
- form_type: 8-K
- ticker: GHM
- cik: 0000716314
- company_name: GRAHAM CORP
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716314/000119312524156656/0001193125-24-156656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716314/000119312524156656/d834053d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-156656
- JSON: https://secwatch.observer/filing/0001193125-24-156656.json
- Plain text: https://secwatch.observer/filing/0001193125-24-156656.txt

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