Graham Corp income statement
In fiscal 2026, Graham Corp reported revenue of $245m, up 16.9% on the year before, operating income of $15.0m (a 6.1% margin) and net income of $12.5m, or $1.12 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Mar 2010 | 2011Mar 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 62 | 74 | 103 | 105 | 102 | 135 | 90 | 92 | 78 | 92 | 91 | 97 | 123 | 157 | 186 | 210 | 245 | 261 |
| Cost of revenue | 40 | 52 | 71 | 73 | 70 | — | — | 70 | 61 | 70 | 72 | 77 | 114 | 132 | 145 | 157 | 188 | 200 |
| Gross profit | 22 | 22 | 33 | 32 | 32 | 42 | 23 | 22 | 17 | 22 | 18 | 20 | 9 | 25 | 41 | 53 | 58 | 61 |
| Research and development | — | 3 | 3 | 4 | 3 | 4 | 4 | 4 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | — |
| Selling, general and administrative | 12 | 13 | 15 | 16 | 17 | 18 | 16 | 15 | 16 | 18 | 17 | 17 | 20 | 23 | 32 | 37 | 42 | 45 |
| Operating income | — | — | — | — | — | — | — | — | — | — | 1 | 3 | −11 | 1 | 7 | 15 | 15 | 14 |
| Interest expense | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | −1 | −0 | — |
| Net interest income | — | — | −0 | 0 | −0 | — | — | — | — | — | — | — | — | −1 | −0 | 1 | 0 | 0 |
| Income before tax | 10 | 9 | 17 | 16 | 15 | 22 | 9 | 7 | −13 | −0 | 2 | 3 | −11 | 1 | 6 | 15 | 15 | 14 |
| Income tax | 4 | 3 | 6 | 4 | 5 | 7 | 3 | 2 | −3 | 0 | 0 | 1 | −2 | 0 | 1 | 3 | 2 | 2 |
| Net income | 6 | 6 | 11 | 11 | 10 | 15 | 6 | 5 | −10 | −0 | 2 | 2 | −9 | 0 | 5 | 12 | 13 | 12 |
| Diluted EPS | $0.64 | $0.59 | $1.06 | $1.11 | $1.00 | $1.45 | $0.61 | $0.52 | −$1.01 | −$0.03 | $0.19 | $0.24 | −$0.83 | $0.03 | $0.42 | $1.11 | $1.12 | $1.05 |
| Diluted shares (average) | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 11m | 11m | 11m | 11m | 11m | 11m |
| EBITDA | — | — | — | — | — | — | — | — | — | — | 3 | 5 | −8 | 7 | 12 | 21 | 23 | 23 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 54 | 47 | 59 | 55 | 66 | 57 | 67 | 71 |
| Cost of revenue | 41 | 35 | 43 | 41 | 52 | 43 | 52 | 54 |
| Gross profit | 13 | 12 | 16 | 15 | 14 | 13 | 15 | 18 |
| Selling, general and administrative | 9 | 9 | 10 | 9 | 10 | 10 | 12 | 13 |
| Operating income | 4 | 2 | 6 | 5 | 4 | 3 | 3 | 4 |
| Net interest income | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 |
| Income before tax | 4 | 2 | 6 | 5 | 4 | 3 | 2 | 4 |
| Income tax | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 |
| Net income | 3 | 2 | 4 | 5 | 3 | 3 | 2 | 4 |
| Diluted EPS | $0.30 | $0.14 | $0.40 | $0.42 | $0.28 | $0.25 | $0.17 | $0.33 |
| EBITDA | 6 | 4 | 7 | 6 | 6 | 5 | 5 | 7 |
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