Highest-materiality recent filing
Graham Corp Q1 net sales record $71.3M (+29% YoY); backlog $557.2M; reaffirms FY27 guidance
Net sales $71.3M, up 29% YoY; net income $3.9M ($0.33 diluted EPS); adjusted EPS $0.49.
Graham Corp names Jonathan Painter Chairman as Daniel Thoren retires
Daniel J. Thoren resigned as Executive Chairman and director effective June 15, 2026; will serve as Strategic Advisor through June 2027 at $150k annual salary.
Graham reports record FY26 revenue $245.3M, up 17%; backlog $533M; guides FY27 rev $285-295M
Record Q4 revenue $67.1M (+13% YoY); full-year revenue $245.3M (+17% YoY).
Graham Corp. announces $50M PIPE investment by T. Rowe Price at $83.36/share
T. Rowe Price accounts acquire 599,808 shares (5% of GHM) at $83.36 per share based on 20-day average closing price.
Graham Corp Q3 EPS $0.25 (+79% YoY); backlog record $515.6M; guidance raised
Revenue $56.7M (+21% YoY); net income $2.8M, diluted EPS $0.25 (+79% YoY).
Graham acquires FlackTek for $35M plus $25M earnout; adds advanced mixing platform
Base purchase price of $35M paid 85% cash/15% stock (75,818 shares); up to $25M performance-based earnout over 4 years.
Graham Corp Q2 revenue up 23% to $66M; EPS $0.28; record backlog $500M; reaffirms FY guidance
Revenue $66.0M (+23% YoY); net income $3.09M ($0.28 diluted EPS); adjusted EBITDA $6.3M (9.5% margin).
Graham acquires Xdot Bearing assets; adds foil bearing tech for high-speed rotating machines
Acquired certain assets of Xdot Bearing Technologies, a foil bearing consulting and design firm.
Graham Q1 FY26 revenue $55.5M, EPS $0.42; orders $125.9M on defense wins; backlog $482.9M
Revenue $55.5M, up 11% YoY; net income $4.6M, up 55%; diluted EPS $0.42, up 56%.
Graham Corp Q4 rev +21% to $59.3M, Adj EBITDA $7.7M, guides FY2026 rev $225-235M
Q4 FY2025: Revenue $59.3M (+21% YoY); net income $4.4M ($0.40 EPS) vs $1.3M prior year.
Graham Corp Q3 net sales $47.0M (+7.3%); adjusted EPS $0.18 (+38%); raises gross margin guidance
Net sales of $47.0M, up 7.3% YoY; gross margin expanded 260 bps to 24.8%.
Daniel J. Thoren transitions from CEO to Executive Chairman effective June 10, 2025; will remain as strategic advisor.
Record Q2 net sales $53.6M, +19% YoY; net income $3.3M ($0.30 diluted) vs $0.4M ($0.04) last year.
Graham Corp Q1 revenue record $50M, net income up 12%, gross margin expands to 24.8%
Revenue $49.95M (+5% YoY); net income $2.97M (+12%); diluted EPS $0.27; adjusted EPS $0.33 (+18%).
Graham reports record FY2024 revenue of $185.5M (+18%); guides FY2025 revenue $200-210M
Q4 revenue $49.1M (+14% YoY); gross margin 25.9% (up 930 bps); net income $1.3M vs. loss of $0.5M.
Graham Corp Q3 sales up 10% to $43.8M; gross margin +660bps to 22.2%; record orders $123.3M
Net income $0.2M ($0.02 diluted EPS); adjusted net income $2.4M ($0.22 diluted EPS).
Graham Corp Q2 sales $45.1M (+18% YoY); net income $0.4M vs loss; adj. EBITDA $2.7M
Defense market sales up 69% to $25.1M; aftermarket sales to refining/petrochemical record $10.8M (+74%).
Graham Q1 revenue $47.6M (record), EPS $0.25; raises FY2024 guidance
Net sales $47.6M (record), up 32% YoY; net income $2.6M, diluted EPS $0.25 vs $0.06 prior year.
Graham Corp fiscal 2023 sales $157.1M (+28%), net income $367K; FY2024 revenue guidance $165-175M
Record annual sales $157.1M, up 28% YoY; net income $367K vs prior year loss of $8.8M.
Graham Corp Q3 revenue $39.9M (+39% YoY); raises FY23 revenue guidance to $145-155M
Net income $368K ($0.03 diluted EPS) vs prior-year loss of $3.7M; adjusted EBITDA $2.2M.
Graham Q2 sales up 12% to $38.1M, record backlog $313M, reaffirms FY2023 guidance
Net loss $0.2M ($0.02 diluted loss); adjusted diluted EPS $0.03; adjusted EBITDA $1.5M vs $0.1M prior year.
Graham Q1 sales up 79% to $36.1M; EPS $0.06 vs ($0.31); backlog record $260.7M
Net income $0.7M ($0.06 diluted EPS) vs net loss $3.1M in prior year; adjusted EPS $0.12.
Q4 revenue $39.7M (+55% YoY); net loss $1.4M; adjusted EBITDA $0.4M (1% margin).
Graham appoints Christopher Thome as CFO; Jeffrey Glajch to retire April 15
Thome joins as VP-Finance & CFO effective April 4, 2022; initial base salary $290,000/year.
On June 15, 2026, Daniel J. Thoren notified Graham Corporation (the “Company”) of his intention to step down from his positions as the Company’s Executive Chairman and as a director, effective as of June 15, 2026.
Mr. Smith transitioned into the role of Strategic Advisor on an at-will basis through the Transition Period.
As previously disclosed, Alan Smith, effective April 1, 2026, retired from his position as Vice President and General Manager of Graham Manufacturing, and transitioned to an advisory role with the Company.
Pursuant to the Thoren Employment Agreement, Mr. Thoren will continue to serve as Chief Executive Officer of the Company through the close of business on June 9, 2025 after which Mr. Thoren will transition to Executive Chairman effective as of June 10, 2025.
Effective June 10, 2025, Mr. Malone shall be employed as the Company’s President and Chief Executive Officer (the “CEO Period”).
Pursuant to the Malone Employment Agreement, Mr. Malone will serve as President and Chief Operating Officer of the Company effective February 5, 2025 through the close of business on June 9, 2025 (the “COO Period”).
On July 27, 2022, Jennifer Condame notified Graham Corporation (the “Company”) that, in connection with her upcoming retirement, she is resigning as Chief Accounting Officer of the Company effective as of August 1, 2022.
On July 27, 2022, Christopher J. Thome, the Company’s Vice President - Finance, Chief Financial Officer and principal financial officer, was appointed Chief Accounting Officer and principal accounting officer effective as of August 1, 2022.
On March 23, 2022, the board of directors (the “Board”) of Graham Corporation (the “Company”) appointed Cari L. Jaroslawsky and Troy A. Stoner to the Board, effective immediately.
As of March 23, 2022, Jonathan W. Painter was appointed Chair of the Board.
On March 23, 2022, the board of directors (the “Board”) of Graham Corporation (the “Company”) appointed Cari L. Jaroslawsky and Troy A. Stoner to the Board, effective immediately.
On March 24, 2022, the Company announced the retirements of James J. Malvaso, Chair of the Board, and Gerard T. Mazurkiewicz, independent director and Chair of the Audit Committee, effective immediately.
Max materiality 0.80 · Median 0.55 · Most common event earnings