Graham Corp Q3 revenue beats estimates on defense market

Graham

06/02/2026 11:38

Overview

Fluid technologies firm's fiscal Q3 revenue rose 21%, beating analyst expectations

Adjusted EBITDA for fiscal Q3 beat analyst expectations

Company completes FlackTek acquisition, expanding technology portfolio

Outlook

Graham updates fiscal 2026 net sales guidance to $233 mln-$239 mln from $225 mln-$235 mln

Company expects fiscal 2026 adjusted EBITDA of $24 mln-$28 mln, up from $22 mln-$28 mln

Graham anticipates fiscal 2026 gross margin between 24% and 25%

Result Drivers

DEFENSE MARKET - Revenue growth driven by project milestones and new programs in Defense sector

ENERGY & PROCESS SALES - Increased sales driven by aftermarket sales and momentum in small modular reactors

FLACKTEK ACQUISITION - Acquisition expands technology portfolio, enhancing capabilities in advanced mixing and materials processing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$56.70 mln
$52.36 mln (4 Analysts)
Q3 Adjusted EPS
$0.31
Q3 EPS
$0.25
Q3 Net Income
$2.85 mln
Q3 Adjusted EBITDA
Beat
$6.04 mln
$4.81 mln (4 Analysts)
Q3 Gross Margin
23.80%
Q3 Operating Income
$3.12 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Graham Corp is $80.00, about 8.5% above its February 5 closing price of $73.75

The stock recently traded at 41 times the next 12-month earnings vs. a P/E of 39 three months ago

Press Release: ID:nBw8nrX8Ja

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)