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GORMAN RUPP CO (GRC) filed an 8-K current report with the SEC on July 24, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 2026 results covered quarter ended June 30, 2026.
GORMAN RUPP CO 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q2 2026 results covered quarter ended June 30, 2026
- News release issued July 24, 2026 and furnished as Exhibit 99
- Investors should review Exhibit 99 for revenue, earnings, margins, and management commentary
Item EX-99.1 · Exhibit EX-99.1
- Q2 sales reached a record $186.1M, up 3.9%, led by construction, agriculture, and data-center demand
- Net income rose 23% to $19.4M, or $0.74 per share, indicating strong earnings conversion
- Gross margin expanded to 32.6% from 31.3%, supported by pricing, product mix, and lower LIFO costs
- First-half operating cash flow reached $62.5M, enabling $33.0M of debt reduction while funding $7.9M of capital expenditures
- Backlog increased to $239.7M from $224.4M year over year, supporting second-half revenue visibility
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