Filing Flows

Filing Flows › Gencor Industries (GENC) › Q1 FY26

Gencor Industries (GENC) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Feb 6, 2026

Gencor Industries (GENC) reported revenue of $23.6M for the first quarter fiscal 2026 (Q1 FY26), -25% from a year earlier and +25% from the quarter before. Operating margin was 13.2%, net earnings $3.4M (14.6% of revenue).

Revenue$23.6M
Year over year-25%
Quarter over quarter+25%
Operating margin13.2%
Net earnings$3.4M

Gencor Industries, Q1 FY26: revenue $23.6M (-25% year over year), operating margin 13.2%, net earnings $3.4M, operating cash flow $11.1M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$23.6M+25%-25%
Gross profit$6.8M+48%-22%
Operating profit$3.1M—-33%
Net earnings$3.4M+79%-10%
Operating cash flow$11.1M—-25%
Free cash flow$10.1M—-30%

What changed

Revenue was $23.6M in Q1 FY26, down 25% year over year and up 25% from the previous quarter.

Gross margin was 28.7%, up 1.1 points from a year earlier. Operating profit was $3.1M, a 13.2% margin (down 1.6 points year over year). Operating expenses fell 10% while revenue fell 25%. The fastest-growing cost line was Research & development (+12%). Net earnings were $3.4M, down 10% year over year. The effective tax rate was 26.0%. Non-operating items added $1.6M, 33% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $11.1M (down 25% year over year), 323% of net earnings. Non-cash charges added back $542K of depreciation and amortization. Working capital and other items added $7.1M. Capital expenditures of $1.0M left free cash flow of $10.1M.

Questions

What was Gencor Industries' revenue in the first quarter fiscal 2026?

Gencor Industries (GENC) reported revenue of $23.6M for the first quarter fiscal 2026 (Q1 FY26), -25% from a year earlier and +25% from the quarter before.

Was Gencor Industries profitable in the first quarter fiscal 2026?

Operating profit was $3.1M (13.2% of revenue) and net earnings $3.4M.

Open the interactive Sankey →

Source: Gencor Industries 10-Q on SEC EDGAR.