Earnings ·
Reports Q2 net income of $4,637K and record backlog of $561.3M
GHMGraham Corp
Graham Corporation reported second quarter fiscal 2027 results with net sales of $69.8 million, a 6% increase year-over-year, driven by strength in Defense and Space markets and the acquisition of FlackTek. Net income per diluted share rose 39% to $0.39, while adjusted EBITDA increased 64% to $10.3 million with an expanded margin of 14.8%. The company achieved a book-to-bill ratio of 1.1x and reported a record backlog of $561.3 million. Graham reaffirmed its full-year fiscal 2027 guidance for net sales and adjusted EBITDA, while updating gross margin and SG&A expectations upward. The firm ended the quarter with $71.4 million in cash and no outstanding debt. Graham Corporation is a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Space, and Energy & Process industries.