Filing Flows › Gorman Rupp (GRC) › Q1 2025
Gorman Rupp (GRC) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 28, 2025
Gorman Rupp (GRC) reported revenue of $164M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +0.8% from the quarter before. Operating margin was 13.5%, net earnings $12.1M (7.4% of revenue).
Gorman Rupp, Q1 2025: revenue $164M (+3% year over year), operating margin 13.5%, net earnings $12.1M, operating cash flow $21.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $164M | +0.8% | +3% |
| Gross profit | $50.3M | +2% | +4% |
| Operating profit | $22.1M | +5% | +8% |
| Net earnings | $12.1M | +10% | +54% |
| Operating cash flow | $21.1M | +128% | +96% |
| Free cash flow | $18.1M | +245% | +164% |
What changed
Revenue was $163.9M in Q1 2025, up 3% year over year and up 1% from the previous quarter. Fire Market was the largest line at 20% of revenue. Repair Parts added $3.2M year over year (up 19%), 69% of the total change. Construction declined 13%.
Gross margin was 30.7%, up 0.3 points from a year earlier. Operating profit was $22.1M, a 13.5% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 13% margin then. Operating expenses grew 1% against revenue growth of 3%. Net earnings were $12.1M, up 54% year over year. The effective tax rate was 21.9%.
Operating cash flow was $21.1M (up 96% year over year), 174% of net earnings. Non-cash charges added back $7.0M of depreciation and amortization and $1.0M of share-based compensation. Capital expenditures of $3.0M left free cash flow of $18.1M.
Questions
What was Gorman Rupp's revenue in the first quarter 2025?
Gorman Rupp (GRC) reported revenue of $164M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +0.8% from the quarter before.
Was Gorman Rupp profitable in the first quarter 2025?
Operating profit was $22.1M (13.5% of revenue) and net earnings $12.1M.
Source: Gorman Rupp 10-Q on SEC EDGAR.