Filing Flows › Graham (GHM) › Q2 FY27 › vs Q2 FY26
Graham (GHM) Q2 FY27 vs Q2 FY26 (year over year)
Graham's revenue rose $3.7M (+6%) from $66.0M in Q2 FY26 to $69.8M in Q2 FY27. The biggest changes: Defense +$5.1M (+12%); Energy and Process −$3.7M (-17%); Space +$2.4M (+59%). Gross margin 28.2% against 21.7% (+6.5 pts).
Graham, Q2 FY27: revenue $69.8M (+6% year over year), operating margin 8.4%, net earnings $4.6M, operating cash flow $46.7M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 28.2% | 21.7% | +6.5 pts |
| Operating margin | 8.4% | 6.5% | +1.9 pts |
| Net margin | 6.6% | 4.7% | +2.0 pts |
| Free cash flow margin | 63.8% | 14.3% | +49.5 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Defense | $45.8M | $40.8M | $5.1M | +12% |
| Energy and Process | $17.6M | $21.3M | −$3.7M | -17% |
| Space | $6.4M | $4.0M | $2.4M | +59% |
| Revenue | $69.8M | $66.0M | $3.7M | +6% |
| Gross profit | $19.7M | $14.3M | $5.4M | +38% |
| Cost of revenue | $50.1M | $51.7M | −$1.6M | -3% |
| Operating profit | $5.8M | $4.3M | $1.6M | +37% |
| Operating expenses | $13.8M | $10.0M | $3.8M | +38% |
| Pre-tax earnings | $6.0M | $4.2M | $1.7M | +41% |
| SG&A | $13.1M | $9.8M | $3.4M | +34% |
| Other operating costs | $695K | $246K | $449K | +183% |
| Net earnings | $4.6M | $3.1M | $1.5M | +50% |
| Income tax | $1.3M | $1.1M | $200K | +18% |
| Depreciation & amortization | $2.7M | $1.6M | $1.1M | +67% |
| Share-based compensation | $782K | $553K | $229K | +41% |
| Working capital & other | $38.6M | $8.3M | $30.3M | +365% |
| Operating cash flow | $46.7M | $13.6M | $33.1M | +244% |
| Free cash flow (OCF − capex) | $44.5M | $9.4M | $35.0M | +371% |
| Capital expenditures | $2.2M | $4.1M | −$1.9M | -46% |
Questions
How much did Graham's revenue grow year over year in Q2 FY27?
Graham's revenue rose $3.7M (+6%) from $66.0M in Q2 FY26 to $69.8M in Q2 FY27.
What drove Graham's revenue change in Q2 FY27?
Defense +$5.1M (+12%); Energy and Process −$3.7M (-17%); Space +$2.4M (+59%).