The third consecutive quarter of record EPS with accelerating revenue growth (+11.8% vs +3.9% in Q2) and broad-based market strength suggests momentum is building. Monitor Q4 for continued margin expansion and further debt reduction, as the company is on track to generate over $150M in operating cash flow for FY2026.
Price Chart
Executive Summary
Gorman-Rupp reported record Q3 2026 results with net sales of $193.3M (+11.8% YoY) and GAAP EPS of $0.86, a 100% increase from $0.43 in Q3 2025. The results significantly exceeded consensus estimates of $0.69 EPS and $179.4M revenue, driven by broad-based sales growth across all end markets, margin expansion, and lower interest expense from continued debt reduction.
Key Financial Metrics
Key Facts
- Record Q3 net sales of $193.3M, up 11.8% YoY from $172.8M
- Record Q3 GAAP EPS of $0.86 vs $0.43 YoY (100% increase); adjusted EPS $0.86 vs $0.52 YoY
- EPS of $0.86 beat consensus estimate of $0.69 by 24.6%
- Revenue of $193.3M beat consensus estimate of $179.4M by 7.7%
- Gross margin expanded 420 bps to 33.4% from 29.2% YoY
- Operating margin expanded 510 bps to 17.5% from 12.4% YoY
- Total debt reduced by $58.0M YTD through first nine months of 2026
- Operating cash flow of $114.9M YTD, up 26% from $91.2M in prior year period
- Backlog of $236.8M at quarter-end, up from $234.2M a year ago
- Incoming orders up 2.2% YTD to $562.2M
Financial Impact
Record quarterly sales and EPS with double-digit YoY growth across all key metrics; EPS doubled YoY and beat consensus by ~25%
Risk Factors
- Potential tariff impacts on raw material costs and international shipments
- Fire suppression market showed YTD decline of $3.8M due to reduced international shipments
- LIFO inventory method could create non-cash expense volatility depending on inflation indices
- Backlog declined sequentially from $244.0M at Dec 2025 to $236.8M at Sep 2026
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-429546 |
| Document: grc-20261023.htm | 0001193125-26-429546 |
| Document: 0001193125-26-429546-index-headers.html | 0001193125-26-429546 |
| Document: 0001193125-26-429546-index.html | 0001193125-26-429546 |
| Document: 0001193125-26-429546.txt | 0001193125-26-429546 |
| 8-K Data (Synthetic) | 0001193125-26-429546 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | 8-K | $70.99 | awaiting T+60 | — | $73.76 (+3.90%) |
Oct 2, 2026 23d ago | 8-K | $77.26 | awaiting T+60 | — | $73.76 (−4.53%) |
Jul 24, 2026 13w ago | 8-K | $81.73 $72.42 | ▼ −11.39% | ▼ −14.68% | $73.76 (−9.75%) |
Jul 24, 2026 13w ago | 8-K | $81.73 $72.42 | ▼ −11.39% | ▼ −14.68% | $73.76 (−9.75%) |
Jun 12, 2026 19w ago | Institutional Cluster | $84.59 $75.49 | ▼ −10.76% | ▼ −14.02% | $73.76 (−12.80%) |
Apr 27, 2026 25w ago | 8-K | $75.96 $80.09 | ▲ +5.44% | ▲ +0.66% | $73.76 (−2.90%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers