Graham Corporation (NYSE:GHM) misses Q3 CY2026 sales expectations

Graham Corporation (GHM) reported Q3 CY2026 revenue of $69.76M, missing estimates by 1.8% but beating EPS and EBITDA expectations. The company reconfirmed its full-year revenue guidance of $290M and raised EBITDA guidance. Operating and free cash flow margins improved year-over-year, and backlog grew 12.2%.

Original reporting
Published Nov 5, 2026, 12:07 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 5, 2026, 12:20 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Graham Corporation (NYSE:GHM) misses Q3 CY2026 sales expectations — source image
Decision brief

The 30-second read

$GHMBullishMed
01

Why it matters

The earnings beat and strong margin expansion may drive short‑term buying interest, though guidance remains unchanged.

02

Market read

Earnings surprise provides a fresh trading catalyst for GHM, with potential upside in the immediate post‑market session.

03

What to watch

Backlog growth and free cash flow margin improvement could support longer‑term valuation despite modest guidance.

Relevance 7/10Novelty 7/10Timing: post-market today

Background

Graham Corp reported Q3 2026 results, beating consensus on EPS and EBITDA while reaffirming full‑year revenue and EBITDA guidance above estimates.

Company-level read

Ticker impact

$GHMBullishHigh confidence
Context

Q3 2026 earnings beat estimates on EPS and EBITDA, with guidance reaffirmed above consensus.

Expected impact

likely upward pressure as market prices in the earnings beat and higher guidance.

Evidence & confidence

Both EPS and EBITDA exceeded expectations; guidance remains above consensus, indicating better-than-expected performance.

Market effects

Positive earnings may lift peers in the same niche, suggesting sector strength.

Limited to U.S. small‑cap market.

Low global impact; primarily a domestic micro‑cap story.

Counterpoint

If guidance is merely reaffirmed without upside, the beat may be priced in quickly, limiting upside.

Key entities

  • Graham Corporation

    U.S. listed industrial services firm (NYSE:GHM).

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$GHMMed

What Graham (GHM) Said on Its Q2 Earnings Call

Graham (GHM) reported Q2 revenue growth of 16% YoY to $141M, with space revenue up 59% and energy/process down 17%. FlackTek contributed $9.5M. Backlog hit a record $561M, up 12% YoY. The company reaffirmed FY2027 guidance and outlined long-term growth targets. Graham has no debt and $71M in cash.

$GHMMed

Graham Corp (GHM) Q2 2027 Earnings Call Transcript

Graham Corp (GHM) reported Q2 2027 revenue of $69.8M, up 6% YoY, with adjusted EBITDA increasing 64% to $10.3M. Orders totaled $73.7M, and backlog reached a record $561M. The company reaffirmed its fiscal 2027 guidance and raised its gross margin outlook. Growth was driven by defense, space, and the integration of FlackTek. The company also broke ground on a new facility in Colorado.