earnings
confidence high
sentiment negative
materiality 0.65
Gencor Q1 revenue falls 25% to $23.6M; EPS $0.23 vs $0.26; backlog rises
GENCOR INDUSTRIES INC
2026-Q1 EPS reported
$0.23
revenue$23,577,000
- Net revenue $23.6M, down 25% from $31.4M YoY; operating income $3.1M vs $4.6M.
- Gross margin improved to 28.7% from 27.6% on higher-margin parts sales.
- Cash & marketable securities $147.7M, up $11.4M from Sep 30; no debt.
- Backlog $57.4M vs $54.4M a year ago; management sees order pickup despite federal infrastructure uncertainty.
item 2.02item 9.01