GRAHAM CORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $245.3M | $209.9M | $185.5M | $157.1M | $122.8M | $97.5M | $90.6M | $91.8M |
| Cost of Revenue | $187.5M | $157.0M | $144.9M | $131.7M | $113.7M | $77.0M | $72.5M | $69.9M |
| Gross Profit | $57.8M | $52.9M | $40.6M | $25.4M | $9.1M | $20.5M | $18.1M | $21.9M |
| Gross Margin | 23.5% | 25.2% | 21.9% | 16.2% | 7.4% | 21.0% | 20.0% | 23.9% |
| Operating Expenses | ||||||||
| Research & Development | $6.4M | $4.0M | $3.9M | $4.1M | $3.8M | $3.4M | $3.4M | $3.5M |
| SG&A Expense | $41.6M | $37.1M | $32.2M | $23.1M | $20.4M | $17.5M | $16.9M | $17.9M |
| Operating Income | $15.0M | $15.2M | $6.9M | $1.3M | $-11.3M | $3.0M | $652.0K | $-133.0K |
| Operating Margin | 6.1% | 7.2% | 3.7% | 0.8% | -9.2% | 3.1% | 0.7% | -0.1% |
| Interest Expense | $-257.0K | $-583.0K | $248.0K | $939.0K | $400.0K | $11.0K | $12.0K | $12.0K |
| Pretax Income | $14.8M | $15.4M | $5.6M | $561.0K | $-11.2M | $3.3M | $2.3M | $-145.0K |
| Income Tax Expense | $2.3M | $3.2M | $1.0M | $194.0K | $-2.4M | $893.0K | $440.0K | $163.0K |
| Net Income | $12.5M | $12.2M | $4.6M | $367.0K | $-8.8M | $2.4M | $1.9M | $-308.0K |
| Net Margin | 5.1% | 5.8% | 2.5% | 0.2% | -7.1% | 2.4% | 2.1% | -0.3% |
| EPS (Basic) | $1.14 | $1.12 | $0.42 | $0.03 | $-0.83 | $0.24 | $0.19 | $-0.03 |
| EPS (Diluted) | $1.12 | $1.11 | $0.42 | $0.03 | $-0.83 | $0.24 | $0.19 | $-0.03 |
| Shares Outstanding (Basic) | 11.0M | 10.9M | 10.7M | 10.6M | 10.5M | 10.0M | 9.9M | 9.8M |
| Shares Outstanding (Diluted) | 11.1M | 11.1M | 10.8M | 10.7M | 10.5M | 10.0M | 9.9M | 9.8M |
| Dividends Per Share | — | — | $0.00 | $0.00 | $0.33 | $0.44 | $0.43 | $0.39 |