Gencor Q3 FY26 net income rises 48.5% to $5.68 million; net revenue climbs to $33.81 million from year-ago quarter
GENC•Quarterly results improve sharply
- Gencor Industries posted Q2 net income of $5.68 million, up 48.5%, with EPS of $0.39 versus $0.26.
- Revenue rose 25.3% to $33.81 million; gross margin widened 140 basis points to 27.9%.
- Operating income climbed 85% to $5.8 million; operating margin expanded to 17.2% from 11.6%.
Other income declines on lower gains
- Other income fell to $1.42 million from $2.04 million, on lower realized and unrealized gains tied to slightly higher interest rates.
Backlog and liquidity at June 30, 2026
- Backlog jumped to $79.2 million at June 30, 2026, from $26.2 million a year earlier; cash and cash equivalents totaled $26.26 million.
