Gorman-Rupp Q2 2026: record net sales $186.1M, EPS $0.74, up 23% YoY

GORMAN RUPP CO

Record Q2 net sales $186.1M (+3.9% YoY); net income $19.4M ($0.74 EPS) vs $15.8M ($0.60 EPS) in Q2 2025.
Adjusted EBITDA $38.2M (20.5% of sales), up 8.3% YoY; gross margin improved 130 bps to 32.6%.
First half 2026 net sales $362.7M (+5.7%), net income $37.3M ($1.41 EPS), adjusted EBITDA $73.7M (20.3% of sales).
Total debt reduced by $33.0M in first half; capital expenditures planned $22-24M for full year 2026.
Incoming orders first half $370.8M (+1.4%), backlog $239.7M at June 30, 2026.

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