Welcome to our dedicated page for Gencor Industres news (Ticker: GENC), a resource for investors and traders seeking the latest updates and insights on Gencor Industres stock.
News and filings for Gencor Industries, Inc. (NYSE American: GENC) focus on its role as a diversified heavy machinery manufacturer for the production of highway construction materials and equipment and environmental control machinery and equipment used in a variety of applications. The company’s disclosures emphasize a single reporting segment related to equipment for the highway construction industry, with principal core products that include asphalt pavers, hot mix asphalt plants, combustion systems, and fluid heat transfer systems.
On this page, readers can review company-issued press releases and related SEC-referenced announcements that cover topics such as quarterly and annual financial results, operating performance, and capital structure details described in earnings releases. Gencor’s news has included updates on net revenue, gross profit margins, operating income, and other income items, as well as commentary from management on factors affecting results, such as competition in the marketplace and changes in product engineering and development expenses and selling, general and administrative expenses.
Company news has also addressed matters related to NYSE American listing compliance, including notifications from NYSE Regulation about delayed SEC filings, extensions granted to file delinquent reports, and subsequent confirmation that the company regained compliance after filing its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Governance-related news includes information about the annual meeting of stockholders, election of directors, ratification of the independent registered public accounting firm, and board leadership changes described in Form 8-K filings, such as the announced retirement of the Executive Chairman and the appointment of a new Chairman.
Investors and researchers can use this news feed to follow Gencor’s reported financial performance, corporate governance developments, and regulatory communications as disclosed in company press releases and associated SEC filings.
Gencor (NYSE: GENC) reported Q1 FY2026 net revenue of $23.577M, down from $31.416M a year earlier, driven by weaker contract equipment sales and government spending uncertainty. Gross margin improved to 28.7%. Operating income was $3.101M and net income was $3.442M ($0.23/share). Cash and marketable securities totaled $147.7M, backlog was $57.4M, and the company reported no short- or long-term debt.
Gencor (NYSE American: GENC) announced that EJ Elliott, founder and long-time Executive Chairman, will retire effective December 31, 2025. EJ founded the company in 1968 and served as Chairman since that year; he was CEO from 1968 to 2016.
In connection with the retirement, the Board appointed Marc Elliott to serve as Chairman effective January 1, 2026. Marc has served on Gencor’s Board since 2007 and currently serves as the company’s President. Gencor manufactures heavy machinery for highway construction and environmental control equipment.
Gencor (NYSE: GENC) reported fourth-quarter net revenue of $18.8M, down 10.0% year-over-year, and fiscal 2025 net revenue of $115.4M, up 2.0% versus fiscal 2024. Gross margin was 24.2% in Q4 and 27.5% for the year. Fiscal 2025 operating income was $14.02M versus $13.69M in 2024, and net income was $15.66M, or $1.07 per share, versus $14.56M, or $0.99 per share, a year earlier. Cash and marketable securities totaled $136.3M at September 30, 2025; the company reports no short- or long-term debt. Backlog declined to $23.6M at December 1, 2025 from $56.2M a year earlier.
The company cited reduced manufacturing overhead absorption and higher SG&A as drivers of weaker Q4 margins, and noted higher interest income and investment gains supporting yearly net income and cash growth.
Gencor Industries (NYSE American: GENC) reported strong financial results for Q3 2025, with net revenue increasing 5.6% to $27.0 million compared to $25.6 million in Q3 2024. The company's gross profit margins improved to 26.5% from 23.9% year-over-year. Net income rose significantly to $3.8 million ($0.26 per share) from $2.6 million ($0.17 per share) in Q3 2024.
For the nine months ended June 30, 2025, Gencor achieved net revenue of $96.6 million and net income of $13.7 million ($0.94 per share). The company maintains a strong financial position with $136.0 million in cash and marketable securities and no debt. However, backlog decreased to $26.2 million from $46.6 million year-over-year.
Gencor Industries (NYSE American: GENC) reported its Q2 fiscal 2025 results with net revenue of $38.2 million, down 6.1% from $40.7 million in Q2 2024. Gross profit margins slightly decreased to 29.7% from 30.3% due to higher material costs.
For the six months ended March 31, 2025, the company achieved net revenue of $69.6 million and net income of $9.9 million ($0.68 per share), compared to revenue of $66.7 million and net income of $10.5 million ($0.72 per share) in the same period of 2024. The company maintains a strong financial position with $143.7 million in cash and marketable securities and no debt. However, backlog decreased to $27.8 million from $50.4 million year-over-year.
Gencor Industries (NYSE American: GENC) reported strong financial results for Q1 fiscal 2025. The company achieved net revenue of $31.4 million, marking a 20.7% increase from $26.0 million in the same quarter last year. The growth was primarily driven by higher contract equipment sales.
Despite increased revenues, gross profit margins slightly decreased to 27.6% from 29.0% year-over-year. Operating income rose to $4.6 million, up from $3.4 million, while net income decreased to $3.8 million ($0.26 per share) from $4.3 million ($0.30 per share) due to investment losses.
The company maintains a strong financial position with $130.1 million in cash and marketable securities and zero debt. The backlog stood at $54.4 million, compared to $61.3 million in the previous year.
Gencor Industries (NYSE American: GENC) reported its Q4 and fiscal year 2024 results. Q4 revenue remained steady at $20.9 million, though quarterly net income decreased to $1.5 million from $3.1 million year-over-year. For FY2024, revenue increased 7.7% to $113.2 million, while net income slightly decreased to $14.6 million ($0.99 per share) from $14.7 million.
The company maintained a strong financial position with $115.4 million in cash and marketable securities, up $14.1 million from 2023. Working capital improved to $182.2 million, with no debt. The company's backlog stood at $56.2 million as of December 1, 2024, slightly down from $57.8 million year-over-year.
Gencor Industries (NYSE American: GENC) announced that NYSE American has accepted its compliance plan and granted an extension until August 19, 2025 to submit delinquent financial reports. The company needs to file its Annual Report (10-K) for the year ended September 30, 2024, and Quarterly Reports (10-Q) for periods ended December 31, 2024, and March 31, 2025.
While currently non-compliant with listing standards, Gencor's listing continues under the extension period. The company expects to file the delinquent reports by the deadline, though there are no guarantees. Failure to comply could result in delisting from NYSE American.
Gencor manufactures heavy machinery for highway construction materials and environmental control equipment.
Gencor Industries (NYSE: GENC) has released preliminary unaudited results for Q1 fiscal 2025, showing significant growth. The company anticipates revenue of approximately $31 million for the quarter ended December 31, 2024, representing a 20% increase from $26 million in Q1 fiscal 2024.
The company's financial position remains strong with $144 million in cash and marketable securities as of March 31, 2025, up from $117 million year-over-year, maintaining zero short-term or long-term debt. The current backlog stands at $24 million.
Notably, Gencor has filed Form 12b-25 with the SEC regarding delays in completing both its Annual Report on Form 10-K for the year ended September 30, 2024, and its Quarterly Report on Form 10-Q for the period ended December 31, 2024.
Gencor Industries (NYSE: GENC) has released preliminary unaudited financial results, reporting anticipated revenue of approximately $113 million for the fiscal year ended September 30, 2024, up from $105.1 million in the previous year.
The company's financial position shows strength with approximately $130 million in cash and marketable securities as of December 31, 2024, an increase from $115 million at September 30, 2024, maintaining zero short-term or long-term debt. The company's backlog stood at approximately $51 million as of December 31, 2024.
Gencor has filed Form 12b-25 with the SEC regarding delays in completing both its Annual Report on Form 10-K for the year ended September 30, 2024, and its Quarterly Report on Form 10-Q for the period ended December 31, 2024. The company notes these results are preliminary and subject to change pending audit completion.
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