Gorman-Rupp Co reported second-quarter 2026 results with revenue of $186.1M and net income of $19.4M, delivering diluted earnings per share of $0.74, each up versus the year-ago quarter.
Financial Highlights
- Revenue was $186.1M, compared with $179M in the prior-year quarter; YoY change 3.9%.
- Net income was $19.4M, compared with $15.8M in the prior-year quarter; YoY change 23%.
- Diluted EPS was $0.74, compared with $0.6 in the prior-year quarter; YoY change 23.3%.
Business Highlights
- Revenue growth: Net sales were up 5.7% year-to-date driven by broad-based demand gains, contributing to record Q2 sales and improved EPS.
- Channel and market shifts: Strength in construction, agriculture and industrial (including data center-related) end markets; fire suppression experienced reduced international shipments.
- Brand momentum: Fill-Rite sales improved across channels; pricing actions and a favorable product mix helped lift margins.
- Operational efficiency: Gross margins improved due to material cost realization, reduced LIFO impact and better labor and overhead leverage.
- Liquidity and investment: Strong operating cash flow funded continued capital spending on machinery and equipment.
Original SEC Filing:
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