earnings
confidence high
sentiment positive
materiality 0.80
Graham Q1 FY26 revenue $55.5M, EPS $0.42; orders $125.9M on defense wins; backlog $482.9M
GRAHAM CORP
2025-Q1 EPS reported
$0.42
revenue$55,487,000
- Revenue $55.5M, up 11% YoY; net income $4.6M, up 55%; diluted EPS $0.42, up 56%.
- Orders surged to $125.9M, including $86.5M for Virginia Class sub program and $25.5M for MK48 torpedo; book-to-bill 2.3x.
- Gross margin improved 170bps to 26.5%; adjusted EBITDA margin 12.3%, up 200bps.
- Backlog $482.9M, up 22% YoY, 87% defense; reiterated FY26 sales $225-235M, adj. EBITDA $22-28M.
- No debt, $10.8M cash; Q1 capex $7.0M; completed Batavia defense facility expansion.
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