Welcome to our dedicated page for Gencor Industres SEC filings (Ticker: GENC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Gencor Industries, Inc. (GENC) SEC filings page brings together the company’s regulatory disclosures filed with the U.S. Securities and Exchange Commission, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and proxy statements on Schedule 14A. Gencor describes itself in these documents 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, with one reporting segment focused on equipment for the highway construction industry.
Through its periodic reports, Gencor provides detailed financial statements, notes, and management discussion of results, including information about net revenue, cost of goods sold, gross profit, operating expenses such as product engineering and development and selling, general and administrative expenses, operating income, other income items, and income tax expense. Balance sheet disclosures include data on cash and cash equivalents, marketable securities, contract assets, inventories, customer deposits, and shareholders’ equity, as illustrated in the company’s published consolidated and condensed consolidated financial statements.
Current Reports on Form 8-K give timely updates on specific events, such as the release of quarterly and annual earnings, notices from NYSE Regulation regarding late SEC filings, extensions granted to regain NYSE American continued listing compliance, and subsequent notifications that the company has regained compliance after filing delinquent reports. Other 8-K filings describe governance matters, including the retirement of the Executive Chairman, the appointment of a new Chairman, and the results of stockholder votes at the annual meeting.
The definitive proxy statement (DEF 14A) provides additional detail on the company’s capital structure, voting rights of common and Class B stock, the composition and election of the Board of Directors, and the process for ratifying the independent registered public accounting firm. With AI-powered tools layered on top of these filings, users can quickly surface key points from lengthy documents, understand the context of Gencor’s financial reporting, and locate specific disclosures related to its highway construction equipment and environmental control machinery business.
Systematic Financial Management filed a Schedule 13G reporting a passive ownership stake in Gencor Industries Inc. common stock as of December 31, 2025.
The firm reports beneficial ownership of 1,125,406 shares, representing about 9.1% of the outstanding common stock, with sole voting power over 591,256 shares and sole dispositive power over all 1,125,406 shares. The filing certifies the position is held in the ordinary course of business and not for the purpose of influencing control.
Gencor Industries reported net revenue of
Net income declined to
Gencor Industries reported weaker first quarter fiscal 2026 results. Net revenue for the quarter ended December 31, 2025 was $23.6 million, down from $31.4 million a year earlier, mainly due to delays and uncertainty around replacement of the current five-year Federal infrastructure spending bill.
Gross margin improved to 28.7% from 27.6% as higher-margin parts and components made up more of sales, and SG&A expenses fell. However, operating income declined to $3.1 million from $4.6 million, and net income slipped to $3.4 million, or $0.23 per share, from $3.8 million, or $0.26 per share. Gencor ended the quarter with $147.7 million in cash and marketable securities, no debt, and backlog of $57.4 million, slightly above the prior year, which management says supports a more optimistic outlook.
Gencor Industries, Inc. is calling its Annual Meeting of Stockholders for April 3, 2026 at its Orlando, Florida headquarters. Stockholders of record as of February 26, 2026 will vote on electing one director representing Common Stockholders and three directors representing Class B Stockholders under the company’s dual-class structure.
They will also vote on ratifying Carr, Riggs & Ingram, L.L.C. as independent auditor for fiscal 2026 and on an advisory “say‑on‑pay” resolution covering named executive officer compensation. The proxy details board committee structures, independence determinations, flat cash‑based executive pay without equity awards, a clawback policy, and concentrated Class B ownership by the Elliott family.
Gencor Industries changed its independent auditor after a business transfer involving its prior firm. Following Carr, Riggs & Ingram’s acquisition of certain capital markets assets of Berkowitz Pollack Brant Advisors + CPAs, Gencor’s board, on audit committee recommendation, dismissed Berkowitz and appointed Carr, Riggs & Ingram as the new independent registered public accounting firm.
The prior auditor’s reports on Gencor’s financial statements for the years ended September 30, 2024 and 2025 were clean, but its reports on internal control over financial reporting carried adverse opinions due to previously disclosed material weaknesses in information technology general controls. Gencor reports no disagreements with the prior auditor and includes a confirming letter from Berkowitz Pollack Brant agreeing with these disclosures.
Gencor Industries, Inc. has scheduled its 2026 Annual Meeting of Stockholders for April 3, 2026, following the fiscal year ended September 30, 2025. The exact time and location will be provided in the definitive proxy statement to be filed with the SEC.
The company set February 26, 2026 as the record date to determine which stockholders are entitled to receive notice of and vote at the meeting. Because the meeting date has been moved by more than 30 days from the prior year, Gencor established a new deadline of February 2, 2026 for stockholder proposals under Rule 14a-8 to be included in the proxy materials, and the same date applies for other business proposals or director nominations under its By-Laws.
Gencor Industries, Inc. reports a planned leadership transition. On December 17, 2025, founder and longtime leader EJ Elliott informed the Board that he will retire as Executive Chairman, effective December 31, 2025. He founded Gencor in 1968, has served as Chairman of the Board since then, and was Chief Executive Officer from 1968 to 2016.
In connection with this retirement, the Board has appointed Marc Elliott, currently Gencor’s President and a director since 2007, to become Chairman effective January 1, 2026. The company also issued a press release about this transition, furnished as Exhibit 99.1.
Gencor Industries reports modest growth for the year ended September 30, 2025, while disclosing significant control issues. Net revenue rose 2.0% to $115.4 million, driven by higher equipment sales recognized over time and stronger parts and component sales. Gross margin was essentially flat at 27.5%, and operating income increased to $14.0 million. Net income grew to $15.7 million, or $1.07 per share, helped by interest and dividend income and gains on a sizable investment portfolio.
The balance sheet remains very strong, with $26.6 million in cash and cash equivalents, $109.7 million in marketable securities, no long‑term debt, and working capital of $197.7 million. However, the order environment softened, as backlog dropped to $28.2 million from $72.2 million a year earlier, which could weigh on future revenue if not rebuilt.
A key concern is governance and reporting. Management concluded that internal control over financial reporting and disclosure controls were not effective as of September 30, 2025, and the external auditor issued an adverse opinion on internal control, citing material weaknesses, even though the financial statements themselves received an unqualified opinion.
Gencor Industries, Inc. filed a current report to announce that it has released its financial results for the full year and fourth quarter of fiscal 2025. The company did this by issuing a press release, which is included as Exhibit 99.1 to the report.
The disclosure explains that this earnings information is being furnished rather than filed under securities laws, meaning it is mainly for informational purposes and will only be incorporated into other documents if specifically referenced.