---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-195406"
form_type: "8-K"
ticker: "GHM"
cik: "0000716314"
company_name: "GRAHAM CORP"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:57:02.848455+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Graham Corp Q1 revenue record $50M, net income up 12%, gross margin expands to 24.8%

## Summary
- Revenue $49.95M (+5% YoY); net income $2.97M (+12%); diluted EPS $0.27; adjusted EPS $0.33 (+18%).
- Gross margin 24.8% (+170 bps); $2.1M BlueForge Alliance grant for defense welder training included.
- Orders $55.8M (book-to-bill 1.1x); backlog $396.8M (+23% YoY); defense orders 51% of total.
- FY2025 guidance reaffirmed: net sales $200-210M, adjusted EBITDA $16.5-19.5M, gross margin 22-23%.
- Balance sheet: no debt, cash $21.6M, $29M available on revolver; new 29k sq ft facility planned.

## SEC filing metadata
- accession: 0001193125-24-195406
- form_type: 8-K
- ticker: GHM
- cik: 0000716314
- company_name: GRAHAM CORP
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716314/000119312524195406/0001193125-24-195406-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716314/000119312524195406/d867574d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-195406
- JSON: https://secwatch.observer/filing/0001193125-24-195406.json
- Plain text: https://secwatch.observer/filing/0001193125-24-195406.txt

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