Gorman-Rupp FY26 Q2 net income rises 22.99% to $19.4 million; net sales increase 3.9% to $186.1 million

Reuters2026/07/24 10:32

By:Reuters

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Gorman-Rupp posted Q2 net income of USD 19.4 million, rising from a year earlier, with EPS at USD 0.74.
Net sales climbed 3.9% to USD 186.1 million, driven by construction and agriculture demand, with added lift from Q1 price increases.
Operating income increased to USD 30.4 million, lifting operating margin to 16.3% on price realization, favorable mix, and lower LIFO costs.
Non-GAAP adjusted EBITDA rose 8.3% to USD 38.2 million, equal to 20.5% of sales.
CEO Scott A. King said incoming orders and backlog stayed healthy, supporting positioning for the second half as debt fell USD 33 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Gorman-Rupp Company published the original content used to generate this news brief via Business Wire (Ref. ID: 202607240630BIZWIRE_USPR_____20260723_BW306126) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gorman-Rupp FY26 Q2 net income rises 22.99% to $19.4 million; net sales increase 3.9% to $186.1 million

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