Gorman-Rupp Q1 net sales up 7.7% to $176.6M; record EPS of $0.68 vs $0.46 YoY

GORMAN RUPP CO

2026-Q1 EPS reported $0.68 revenue$176,593,000

Record net income of $17.8M ($0.68 per share) vs $12.1M ($0.46) in Q1 2025.
Gross margin expanded 180 bps to 32.5%; operating margin up 210 bps to 15.6%.
Incoming orders of $187.5M (+5.5%); backlog rose to $247.9M at March 31, 2026.
Total debt reduced by $15.0M during Q1; full-year capex planned at $22-24M.
Sales increased in construction, ag, industrial, municipal, and OEM markets; fire suppression declined.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GORMAN RUPP CO reported first quarter ended March 31, 2026 results: revenue $176.6 million, net income $17.8 million, or $0.68 per share, EPS $0.68 per share.

Period: first quarter ended March 31, 2026
Revenue: $176.6 million
Net income: $17.8 million, or $0.68 per share
EPS: $0.68 per share
Result: reported results

Exact text from the filing

Ohio – April 23, 2026 – The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights • Net sales of $176.6 million increased 7.7%, or $12.7 million, compared to the first quarter of 2025 • Record net income of $17.8 million, or $0.68 per share, compared to net income of $12.1 million, or

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Source: SEC EDGAR

accession 0001193125-26-173014

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