Filing Flows › Gorman Rupp (GRC) › How it makes money
How Gorman Rupp (GRC) makes money
Gorman Rupp (GRC) made $193M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Fire Market brought in $35.8M (19%); Industrial brought in $34.4M (18%); Municipal brought in $28.3M (15%). Of every dollar of revenue, 33¢ was left as gross profit, 18¢ was left as operating profit, 12¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Fire Market | $35.8M | 18.5% | +21% | +12% |
| Industrial | $34.4M | 17.8% | +4% | +11% |
| Municipal | $28.3M | 14.6% | -2% | +7% |
| Agriculture | $27.7M | 14.3% | +0.5% | +21% |
| Construction | $26.9M | 13.9% | -7% | +15% |
| Repair Parts | $20.2M | 10.5% | +2% | +3% |
| Original Equipment Manufacturer | $14.3M | 7.4% | +8% | +11% |
| Petroleum | $5.7M | 3.0% | +12% | +21% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $193M | 100.0% |
| Cost of revenue | $129M | 66.6% |
| Gross profit | $64.5M | 33.4% |
| Operating expenses | $30.6M | 15.8% |
| Operating profit | $33.9M | 17.5% |
| Income tax | $7.1M | 3.7% |
| Net earnings | $22.7M | 11.8% |
| Operating cash flow | $52.4M | 27.1% |
| Free cash flow | $45.6M | 23.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $193M | +12% |
| Q2 2026 | $186M | +4% |
| Q1 2026 | $177M | +8% |
| Q4 2025 | $167M | +2% |
| Q3 2025 | $173M | +3% |
| Q2 2025 | $179M | +6% |
| Q1 2025 | $164M | +3% |
From Gorman Rupp's 10-Q filed Oct 26, 2026 (on EDGAR).
Questions
How does Gorman Rupp make money?
Gorman Rupp (GRC) made $193M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Fire Market brought in $35.8M (19%); Industrial brought in $34.4M (18%); Municipal brought in $28.3M (15%). Of every dollar of revenue, 33¢ was left as gross profit, 18¢ was left as operating profit, 12¢ was left as net earnings.
What is Gorman Rupp's biggest business?
Fire Market: $35.8M in the third quarter 2026, 19% of revenue, +12% from a year earlier.
What is Gorman Rupp's profit margin?
Net earnings were $22.7M, 11.8% of revenue, in the third quarter 2026; the operating margin was 17.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.