The Gorman-Rupp Company (GRC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 176.59M | 166.57M | 172.82M | 179.04M | 163.95M | 162.7M | 168.18M | 169.51M | 159.27M | 160.56M | 167.46M | 171.02M | 160.47M | 146M | 153.79M | 119.07M | 102.17M | 94.16M | 102.11M | 93.02M |
| Revenue Growth % | 7.71% | 2.38% | 2.76% | 5.62% | 2.94% | 1.33% | 0.43% | -0.88% | -0.75% | 9.98% | 8.88% | 43.64% | 57.06% | 55.05% | 50.61% | 28.01% | 14.76% | 14.14% | 14.75% | 8.39% |
| Cost of Goods Sold | 119.23M | 117.31M | 125.49M | 122.99M | 113.62M | 113.51M | 115.52M | 115.43M | 113.95M | 112.78M | 119.32M | 122.55M | 114.94M | 109.36M | 116.41M | 92.05M | 76.67M | 71.81M | 76.28M | 68.34M |
| COGS % of Revenue | 67.52% | 70.43% | 72.61% | 68.69% | 69.3% | 69.77% | 68.69% | 68.1% | 71.55% | 70.24% | 71.26% | 71.66% | 71.63% | 74.91% | 75.69% | 77.31% | 75.04% | 76.27% | 74.7% | 73.47% |
| Gross Profit | 57.36M | 49.26M | 47.33M | 56.05M | 50.33M | 49.19M | 52.66M | 54.08M | 45.32M | 47.78M | 48.13M | 48.48M | 45.52M | 36.64M | 37.39M | 27.02M | 25.5M | 22.35M | 25.83M | 24.67M |
| Gross Margin % | 32.48% | 29.57% | 27.39% | 31.31% | 30.7% | 30.23% | 31.31% | 31.9% | 28.45% | 29.76% | 28.74% | 28.34% | 28.37% | 25.09% | 24.31% | 22.69% | 24.96% | 23.73% | 25.3% | 26.53% |
| Gross Profit Growth % | 13.96% | 0.14% | -10.12% | 3.65% | 11.07% | 2.95% | 9.4% | 11.56% | -0.45% | 30.42% | 28.75% | 79.4% | 78.54% | 63.94% | 44.73% | 9.52% | 10.65% | 4.99% | 12.46% | 12.93% |
| Operating Expenses | 26.8M | 24.41M | 25.86M | 29.14M | 28.21M | 28.11M | 28.78M | 28.03M | 24.89M | 26M | 26.26M | 24.19M | 26.43M | 24.13M | 21.98M | 17.21M | 16.04M | 14.12M | 14.29M | 14.06M |
| OpEx % of Revenue | 15.18% | 14.66% | 14.96% | 16.28% | 17.2% | 17.28% | 17.11% | 16.54% | 15.63% | 16.19% | 15.68% | 14.15% | 16.47% | 16.53% | 14.29% | 14.46% | 15.7% | 15% | 14% | 15.11% |
| Selling, General & Admin | 26.8M | 24.41M | 25.86M | 26.04M | 25.11M | 25.01M | 25.68M | 24.93M | 24.89M | 26M | 23.23M | 24.19M | 23.24M | 20.99M | 22.08M | 17.21M | 16.04M | 14.12M | 14.29M | 14.06M |
| SG&A % of Revenue | 15.18% | 14.66% | 14.96% | 14.54% | 15.31% | 15.37% | 15.27% | 14.71% | 15.63% | 16.19% | 13.87% | 14.15% | 14.48% | 14.38% | 14.35% | 14.46% | 15.7% | 15% | 14% | 15.11% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 27.48M | 24.85M | 21.48M | 26.91M | 22.13M | 21.08M | 23.89M | 26.05M | 20.43M | 21.79M | 21.88M | 24.28M | 19.09M | 12.51M | 15.41M | 9.81M | 9.46M | 8.23M | 11.54M | 10.61M |
| Operating Margin % | 15.56% | 14.92% | 12.43% | 15.03% | 13.5% | 12.96% | 14.2% | 15.37% | 12.83% | 13.57% | 13.06% | 14.2% | 11.9% | 8.57% | 10.02% | 8.24% | 9.26% | 8.74% | 11.3% | 11.41% |
| Operating Income Growth % | 24.19% | 17.88% | -10.08% | 3.31% | 8.3% | -3.25% | 9.19% | 7.27% | 6.99% | 74.21% | 41.94% | 147.61% | 101.89% | 52.01% | 33.52% | -7.6% | 5.41% | -2.47% | 18.46% | 17.97% |
| EBITDA | 27.48M | 31.74M | 28.36M | 33.89M | 29.09M | 28M | 30.77M | 33.07M | 27.49M | 29.09M | 28.91M | 31.4M | 26.14M | 19.5M | 22.37M | 14.07M | 12.39M | 11.23M | 14.5M | 13.58M |
| EBITDA Margin % | 15.56% | 19.05% | 16.41% | 18.93% | 17.74% | 17.21% | 18.3% | 19.51% | 17.26% | 18.12% | 17.27% | 18.36% | 16.29% | 13.36% | 14.55% | 11.82% | 12.13% | 11.93% | 14.2% | 14.6% |
| EBITDA Growth % | -5.54% | 13.33% | -7.83% | 2.46% | 5.8% | -3.73% | 6.42% | 5.34% | 5.18% | 49.14% | 29.24% | 123.07% | 110.95% | 73.62% | 54.29% | 3.62% | 3.65% | -2.13% | 10.96% | 11.89% |
| D&A (Non-Cash Add-back) | 0 | 6.89M | 6.88M | 6.97M | 6.96M | 6.92M | 6.88M | 7.02M | 7.07M | 7.3M | 7.04M | 7.11M | 7.04M | 7M | 6.96M | 4.27M | 2.93M | 3.01M | 2.96M | 2.97M |
| EBIT | 0 | 23.22M | 21.12M | 26.37M | 21.74M | 20.41M | 23.32M | 19.21M | 22.27M | 20.83M | 21.46M | 27.19M | 16.65M | 12.52M | 9.99M | 1.06M | 9.55M | 8.23M | 11.06M | 8.91M |
| Net Interest Income | 0 | -5.31M | -5.79M | -5.99M | -6.31M | -6.74M | -7.77M | -9.05M | -10.07M | -10.13M | -10.47M | -10.48M | -10.19M | -9.36M | -7.56M | -2.32M | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -4.97M | 5.31M | 5.79M | 5.99M | 6.31M | 6.74M | 7.77M | 9.05M | 10.07M | 10.13M | 10.47M | 10.48M | 10.19M | 9.36M | 7.56M | 2.32M | 0 | 0 | 0 | 0 |
| Other Income/Expense | -5.22M | -6.94M | -6.14M | -6.53M | -6.59M | -7.4M | -7.83M | -15.38M | -10.35M | -10.55M | -10.89M | -11.02M | -10.62M | -9.35M | -12.98M | -11.07M | 90K | -262K | -486K | -1.71M |
| Pretax Income | 22.25M | 17.91M | 15.33M | 20.38M | 15.54M | 13.68M | 16.06M | 10.67M | 10.08M | 11.24M | 10.98M | 13.26M | 8.47M | 3.15M | 2.43M | -1.26M | 9.55M | 7.97M | 11.06M | 8.91M |
| Pretax Margin % | 12.6% | 10.75% | 8.87% | 11.38% | 9.48% | 8.41% | 9.55% | 6.29% | 6.33% | 7% | 6.56% | 7.75% | 5.28% | 2.16% | 1.58% | -1.06% | 9.35% | 8.46% | 10.83% | 9.58% |
| Income Tax | 4.41M | 4.16M | 3.99M | 4.59M | 3.41M | 2.7M | 3.14M | 2.33M | 2.2M | 2.26M | 2.01M | 2.79M | 1.96M | 726K | 211K | -265K | 2M | 1.42M | 2.27M | 1.81M |
| Effective Tax Rate % | 19.83% | 23.25% | 26.02% | 22.5% | 21.94% | 19.75% | 19.56% | 21.88% | 21.82% | 20.14% | 18.26% | 21% | 23.07% | 23.03% | 8.68% | 21.02% | 21% | 17.86% | 20.57% | 20.34% |
| Net Income | 17.84M | 13.75M | 11.34M | 15.8M | 12.13M | 10.98M | 12.92M | 8.34M | 7.88M | 8.98M | 8.98M | 10.48M | 6.52M | 2.43M | 2.22M | -996K | 7.54M | 6.54M | 8.78M | 7.1M |
| Net Margin % | 10.1% | 8.25% | 6.56% | 8.82% | 7.4% | 6.75% | 7.68% | 4.92% | 4.95% | 5.59% | 5.36% | 6.13% | 4.06% | 1.66% | 1.44% | -0.84% | 7.38% | 6.95% | 8.6% | 7.63% |
| Net Income Growth % | 47.1% | 25.24% | -12.19% | 89.53% | 53.83% | 22.29% | 43.9% | -20.44% | 20.92% | 269.84% | 304.23% | 1151.91% | -13.56% | -62.91% | -74.71% | -114.03% | 1.53% | -3.88% | 20.95% | 25.97% |
| Net Income (Continuing) | 17.84M | 13.75M | 11.34M | 15.8M | 12.13M | 10.98M | 12.92M | 8.34M | 7.88M | 8.98M | 8.98M | 10.48M | 6.52M | 2.43M | 2.22M | -996K | 7.54M | 6.54M | 8.78M | 7.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.68 | 0.52 | 0.43 | 0.60 | 0.46 | 0.42 | 0.49 | 0.32 | 0.30 | 0.34 | 0.34 | 0.40 | 0.25 | 0.09 | 0.09 | -0.04 | 0.29 | 0.25 | 0.34 | 0.27 |
| EPS Growth % | 47.83% | 23.81% | -12.24% | 87.5% | 53.33% | 23.53% | 44.12% | -20% | 20% | 265.59% | 299.53% | 1147.12% | -13.79% | -62.8% | -74.97% | -114.15% | 3.57% | -3.85% | 21.43% | 22.73% |
| EPS (Basic) | 0.68 | 0.52 | 0.43 | 0.60 | 0.46 | 0.42 | 0.49 | 0.32 | 0.30 | 0.34 | 0.34 | 0.40 | 0.25 | 0.09 | 0.09 | -0.04 | 0.29 | 0.25 | 0.34 | 0.27 |
| Diluted Shares Outstanding | 26.34M | 26.29M | 26.29M | 26.28M | 26.25M | 26.23M | 26.23M | 26.2M | 26.2M | 26.19M | 26.19M | 26.18M | 26.13M | 26.09M | 26.09M | 26.08M | 26.09M | 26.17M | 25.83M | 26.29M |
| Basic Shares Outstanding | 26.34M | 26.29M | 26.29M | 26.28M | 26.25M | 26.23M | 26.23M | 26.2M | 26.2M | 26.19M | 26.19M | 26.18M | 26.13M | 26.09M | 26.09M | 26.08M | 26.09M | 26.1M | 25.83M | 26.12M |
| Dividend Payout Ratio | 28.02% | 36.38% | 42.89% | 30.82% | 40.01% | 44.2% | 36.57% | 56.6% | 59.8% | 52.53% | 51.06% | 43.72% | 70.05% | 188.13% | 199.77% | - | 58.81% | 67.87% | 46.12% | 57.04% |