Filing Flows › Gorman Rupp (GRC) › Q1 2026
Gorman Rupp (GRC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 27, 2026
Gorman Rupp (GRC) reported revenue of $177M for the first quarter 2026 (Q1 2026), +8% from a year earlier and +6% from the quarter before. Operating margin was 15.6%, net earnings $17.8M (10.1% of revenue).
Gorman Rupp, Q1 2026: revenue $177M (+8% year over year), operating margin 15.6%, net earnings $17.8M, operating cash flow $22.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $177M | +6% | +8% |
| Gross profit | $57.4M | +10% | +14% |
| Operating profit | $27.5M | +11% | +24% |
| Net earnings | $17.8M | +30% | +47% |
| Operating cash flow | $22.0M | +47% | +4% |
| Free cash flow | $17.7M | +75% | -2% |
What changed
Revenue was $176.6M in Q1 2026, up 8% year over year and up 6% from the previous quarter. Industrial was the largest line at 18% of revenue. Construction added $6.3M year over year (up 30%), 50% of the total change. Fire Market declined 17%.
Gross margin was 32.5%, up 1.8 points from Q1 2025. Operating profit was $27.5M, a 15.6% margin (up 2.1 points year over year). Of the extra revenue versus Q1 2025, 42% reached operating profit, above the 13% margin then. Operating expenses grew 6% against revenue growth of 8%. The fastest-growing cost line was Sales & marketing (+10%). Net earnings were $17.8M, up 47% year over year. The effective tax rate was 19.8%.
Operating cash flow was $22.0M (up 4% year over year), 123% of net earnings. Non-cash charges added back $7.0M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $4.0M. Capital expenditures of $4.3M left free cash flow of $17.7M.
Questions
What was Gorman Rupp's revenue in the first quarter 2026?
Gorman Rupp (GRC) reported revenue of $177M for the first quarter 2026 (Q1 2026), +8% from a year earlier and +6% from the quarter before.
Was Gorman Rupp profitable in the first quarter 2026?
Operating profit was $27.5M (15.6% of revenue) and net earnings $17.8M.
Source: Gorman Rupp 10-Q on SEC EDGAR.