Recent Updates — GRC

The Gorman-Rupp Company reported third-quarter 2026 results with record net sales of $193.3 million, an increase of 11.8% from the prior year period. Net income rose to $22.7 million, or $0.86 per share, compared to $11.3 million, or $0.43 per share, in Q3 2025. Adjusted EBITDA reached a record $41.8 million, representing 21.6% of sales. Year-to-date net sales totaled $555.9 million, up 7.8%, while total debt decreased by $58.0 million through the first nine months of 2026. The company operates in the design and manufacturing of pumps and pump systems for diverse liquid-handling applications.

James C. Kerr, Executive Vice President and Chief Financial Officer, will retire and be succeeded by Ronald F. Stoops, current Vice President of Finance, effective October 1, 2026. Mr. Kerr will transition to a senior advisor role following his departure. The Gorman-Rupp Company is a designer and manufacturer of pumps and pump systems for diverse liquid-handling applications.

The Gorman-Rupp Company reported record second quarter 2026 net sales of $186.1 million, a 3.9% increase from the second quarter of 2025. Net income for the period was $19.4 million, or $0.74 per share, compared to $15.8 million, or $0.60 per share, in the prior year. Adjusted EBITDA was $38.2 million, representing 20.5% of sales. The company is a designer, manufacturer, and international marketer of pumps and pump systems for diverse liquid-handling applications.