Every 10-Q that Graham Corporation (GHM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GHM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GHM filings page.
Graham Corporation reported first-quarter fiscal 2027 net sales of $71,342 (thousands), up 29% from a year earlier, driven by 40% growth in Defense, 86% growth in Space and a $6,551 contribution from the FlackTek acquisition. Gross profit was $17,801 with a 25.0% margin, down 150 basis points on a higher mix of lower-margin Defense work and materials.
Net income was $3,912, or $0.33 per diluted share, versus $4,595 and $0.42, while adjusted net income rose to $5,738 and adjusted diluted EPS to $0.49. Adjusted EBITDA increased to $8,750, or 12.3% of sales. Orders were $95,850 (1.3x book-to-bill), lifting backlog to a record $557,217, 84% of which relates to Defense. Operating cash flow was an outflow of $12,650, largely from working-capital timing and bonus payments, but cash and equivalents increased to $26,953 after a $50,000 equity raise, leaving no debt and $74,480 available on the $80,000 revolving credit facility. Management reaffirmed fiscal 2027 guidance, including net sales of $285,000–$295,000 and adjusted EBITDA of $35,000–$40,000.
Graham Corporation (GHM) delivered strong growth in its fiscal Q3 2026 and expanded through acquisitions. Net sales for the quarter rose 21% year over year to $56,701, led by a 31% increase in Defense revenue and solid Energy & Process demand, including aftermarket and small modular reactor activity.
Gross profit increased to $13,469, though margin eased to 23.8% on sales mix and higher lower-margin material receipts. Net income nearly doubled to $2,845, with diluted EPS of $0.25. Adjusted net income was $3,514, or $0.31 per diluted share, and Adjusted EBITDA reached $6,044, or 10.7% of sales.
Orders surged to $71,671 in the quarter, driving record backlog of $515,633, with about 85% tied to Defense programs. Cash stood at $22,254 and the company had no debt outstanding at quarter end. Graham closed the small Xdot Bearing Technologies acquisition in October and, after quarter end, agreed to acquire FlackTek for $35,000 plus up to $25,000 in earnouts, and expanded its revolving credit facility to $80,000. Management raised full-year 2026 net sales guidance to $233,000–$239,000 and now expects Adjusted EBITDA of $24,000–$28,000, with a projected tax rate of 16%–18%.
Graham Corporation (GHM) reported higher quarterly results. Q2 fiscal 2026 net sales were $66,027, up 23% year over year, led by defense, energy & process, and space demand. Gross profit was $14,306 as gross margin softened to 21.7% on mix with higher material receipts. Operating income reached $4,271. Net income was $3,090, or $0.28 per diluted share.
Orders rose to $83,200, pushing backlog to a record $500,072, which signals multi‑quarter revenue visibility. SG&A was 15.5% of sales as the company continues investing in operations and people. Cash was $20,579 with no debt outstanding. The effective tax rate was 27% in the quarter, reflecting the One Big Beautiful Bill Act’s impact.
Strategy updates: Graham announced the acquisition of certain assets of Xdot Bearing Technologies for $1,500; Xdot has approximately $1,000 in annual sales and will be integrated into BN to expand high‑speed rotating machinery capabilities.