Short answer
CECO ENVIRONMENTAL CORP (CECO) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $206M (up 16.5% year over year) with net income of −$398,000.
Q1 2026 key financials · XBRL
- Revenue
- $206M
- +16.5% YoY
- Net income
- −$398,000
- −101.1% YoY
- Operating margin
- 0.9%
- Gross margin
- 31.0%
- EPS (diluted)
- −$0.01
- −101.0% YoY
Source: XBRL data from the CECO ENVIRONMENTAL CORP (CECO) Q1 2026 10-Q on SEC EDGAR. USD.
CECO ENVIRONMENTAL CORP Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- New Thermon transaction risks, triggered by proposed merger, including approval failure, termination, litigation, and integration uncertainty
- Most material update: Thermon transaction could disrupt customers, suppliers, employees, and management focus before closing
- Regulatory and compliance risk: required regulatory or stockholder approvals may not be obtained for the Thermon transaction
- Operational risk: supply-chain challenges and Middle East conflict could delay or cancel customer projects
- Financial risk: $257.0 million debt, mostly SOFR-indexed, with $1.6 million annual sensitivity to a 10% rate change
- Internal-control risk: material weaknesses remain unremediated, including Verantis integration and balance-sheet reconciliation controls
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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