Gorman-Rupp Q3 adjusted EPS rises 65%, beats expectations
GRC•Gorman-Rupp’s third-quarter revenue rose 12% year over year to a record $193.3 million, while adjusted EPS climbed 65% to $0.86, beating analyst expectations of $0.70. The company plans 2026 capital expenditures of $22 million to $24 million.
1. Quarterly results
Gorman-Rupp reported third-quarter revenue of $193.3 million, up 12% year over year, and adjusted EPS of $0.86, up 65% and above the $0.70 analyst consensus. Adjusted EBITDA was $41.8 million, compared with a $38.0 million consensus estimate.
2. Growth and outlook
The company attributed sales growth to higher volumes, price increases taken in the first quarter, and gains in agriculture, construction, industrial and fire suppression markets. It said margin gains reflected higher sales, cost leverage and lower one-time costs, while reduced interest expense mainly reflected lower outstanding debt. Gorman-Rupp plans 2026 capital expenditures of $22 million to $24 million and said incoming orders and backlog remain healthy entering the fourth quarter.
