Graham (NYSE:GHM) Releases Earnings Results, Beats Expectations By $0.03 EPS

Posted by Geri Gentry on Jun 9th, 2026

Graham (NYSE:GHM – Get Free Report) announced its quarterly earnings results on Monday. The industrial products company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03, FiscalAI reports. Graham had a net margin of 6.28% and a return on equity of 13.26%. The company had revenue of $67.08 million for the quarter, compared to analysts’ expectations of $59.95 million. During the same quarter in the previous year, the business posted $0.40 EPS. Graham’s revenue was up 13.0% compared to the same quarter last year.

Here are the key takeaways from Graham’s conference call:

Fiscal 2026 was a record year for Graham, with revenue of $245 million, orders of $359 million, backlog of $533 million, and a 1.5x book-to-bill ratio, underscoring strong demand across the business.
Defense and space remain key growth drivers, with strong naval program execution, rising production on radar and directed energy platforms, and momentum in space as customers move from development into production.
FlackTek adds a new platform and growth opportunity, expanding Graham into advanced mixing and materials processing with recurring revenue, differentiated IP, and cross-selling potential across defense, energy, and space.
Profitability was pressured by mix and acquisition-related costs, as gross margins fell due to heavier defense mix, lower aftermarket contribution, tariffs, and FlackTek amortization, though management expects improvement as volumes scale.
Management guided to another growth year in fiscal 2027, calling for revenue of $285 million-$295 million and adjusted EBITDA of $35 million-$40 million, supported by backlog, FlackTek, and ongoing capacity investments.

Graham Trading Down 11.2%

Shares of Graham stock opened at $95.08 on Tuesday. The firm has a market cap of $1.11 billion, a P/E ratio of 70.43 and a beta of 1.04. Graham has a 12 month low of $44.05 and a 12 month high of $110.01. The stock’s fifty day moving average price is $93.98 and its 200-day moving average price is $80.12.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on GHM shares. Weiss Ratings reissued a “hold (c)” rating on shares of Graham in a report on Wednesday, May 20th. Oppenheimer started coverage on Graham in a research report on Wednesday, March 18th. They set an “outperform” rating and a $100.00 target price for the company. Zacks Research upgraded Graham from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. Finally, Northland Securities upgraded Graham from a “market perform” rating to an “outperform” rating in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $81.67.

Check Out Our Latest Stock Report on GHM

Hedge Funds Weigh In On Graham

Several institutional investors have recently made changes to their positions in the company. Invesco Ltd. increased its stake in shares of Graham by 1,993.3% during the fourth quarter. Invesco Ltd. now owns 135,879 shares of the industrial products company’s stock valued at $8,728,000 after buying an additional 129,388 shares during the period. XTX Topco Ltd purchased a new position in Graham in the fourth quarter valued at about $948,000. Uniplan Investment Counsel Inc. raised its holdings in Graham by 18.0% in the fourth quarter. Uniplan Investment Counsel Inc. now owns 47,865 shares of the industrial products company’s stock worth $3,074,000 after purchasing an additional 7,311 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in Graham by 52.3% in the fourth quarter. Balyasny Asset Management L.P. now owns 9,761 shares of the industrial products company’s stock worth $627,000 after purchasing an additional 3,354 shares in the last quarter. Finally, American Capital Management Inc. raised its holdings in Graham by 15.8% in the fourth quarter. American Capital Management Inc. now owns 46,803 shares of the industrial products company’s stock worth $3,006,000 after purchasing an additional 6,374 shares in the last quarter. Hedge funds and other institutional investors own 69.46% of the company’s stock.

Graham News Summary

Here are the key news stories impacting Graham this week:

Positive Sentiment: Graham delivered fiscal Q4 results above expectations, with EPS of $0.33 versus $0.30 expected and revenue of $67.08 million versus $59.95 million, reinforcing momentum in the business.
Positive Sentiment: Management highlighted a record $532.6 million backlog and strategic growth initiatives, which suggests improved visibility for future sales and earnings. Graham Q4 Earnings Call Points to Backlog-Led Growth
Positive Sentiment: The company said revenue rose 13% year over year, and it updated FY2027 revenue guidance to $285 million-$295 million, above the consensus estimate, signaling continued growth potential.
Neutral Sentiment: Several recaps of the earnings call emphasized record orders, backlog, and strategic initiatives, but they largely repeat the same core message rather than adding new catalysts. Graham Corp (GHM) Q4 2026 Earnings Call Highlights: Record Revenue and Strategic Growth Initiatives
Negative Sentiment: One new risk disclosure warned that rapid technological advances in bladeless mixers could pressure Graham’s competitiveness and market share in its advanced mixing business. Technological Advances in Bladeless Mixers Threaten Graham Corporation’s Competitiveness and Market Share

Graham Company Profile

(Get Free Report)

Graham Corporation (NYSE: GHM) is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.

The company’s technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.