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Reported July 24, 2026 · Before market open

Revenue$186.1MMiss by $2.8M
EPS$0.74Beat by $0.04
Revenue estimate$188.9M
EPS estimate$0.71
Our strong start to the year continued into the second quarter. We are pleased with our record second quarter results, which included record net sales and earnings per share. Sales growth was broad-based across many of our markets, led by increased demand in construction and agriculture, as well as increased demand related to data centers across multiple end markets. Our margins remained strong in the second quarter and our earnings performance through the first half of 2026 helped generate solid operating cash flows. The strong cash flows allowed us to reduce total debt by $33.0 million during the first six months of 2026 while continuing to invest in the business. Incoming orders and backlog remained healthy, positioning us well for the second half of the year.
Scott A. King

Next report

Oct 23, 2026 (in a month)
Revenue estimate$181.6M
EPS estimate$0.67

Financials

Q2 2026

Income statement

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Revenue$186.1M+3.9%
Gross profit$60.6M+8.1%
Operating income$30.4M+13.0%
Net income$19.4M+23.0%
EPS (diluted)$0.74+23.3%

Balance sheet

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Cash & equivalents$43.6M+61.6%
Total debt$275.0M-18.4%
Total equity$441.4M+11.0%
Total assets$866.5M+0.5%

Cash flow

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Operating cash flow$40.5M+45.7%
CapEx$3.6M+21.9%
Free cash flow$36.9M+48.5%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$1.88B+65.0%
Enterprise value$2.11B+45.7%
P/E30.2×+8.2×
P/S2.7×+1.0×

Profitability

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Gross margin31.4%+0.5pp
Operating margin14.8%+0.9pp
Net margin8.9%+1.2pp
FCF margin14.3%+3.6pp

Returns & leverage

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Return on equity14.9%+1.2pp
Debt / equity0.6×-0.2×
Current ratio2.8×+0.4×

Segments

By product

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Industrial$33.0M-8.8%
Fire Market$29.6M-6.7%
Construction$28.9M+31.4%
Municipal$28.8M-3.4%
Agriculture$27.6M+36.9%

By geography

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US$140.4M

FAQ

When did The Gorman-Rupp Company report Q2 2026 earnings?
The Gorman-Rupp Company (GRC) reported Q2 2026 earnings on July 24, 2026 before market open.
What were The Gorman-Rupp Company's Q2 2026 revenue and EPS?
The Gorman-Rupp Company reported revenue of $186.1M and eps of $0.74 for Q2 2026.
Did The Gorman-Rupp Company beat estimates in Q2 2026?
Revenue missed the consensus estimate of $188.9M by $2.8M. EPS beat the consensus estimate of $0.70 by $0.04.
How did The Gorman-Rupp Company's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 3.9% from $179.0M a year earlier and eps grew 23.3% from $0.60.
Where can I find The Gorman-Rupp Company's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-315278) and the 10-Q periodic report (0001193125-26-317911) directly on SEC EDGAR. The filing index links above go to sec.gov.