Gorman-Rupp Q3 net income rises to $22.7 million on record $193.3 million sales
The Gorman-Rupp Company reported third-quarter 2026 results for the period ended September 30, 2026, with net sales of $193.3 million, up 11.8% from a year earlier, and net income of $22.7 million, or $0.86 per share, versus $11.3 million, or $0.43 per share, in the third quarter of 2025. For shareholders, the filing shows higher earnings and lower interest expense, along with total debt reduced by $58.0 million in the first nine months of 2026.
Key points
- Third-quarter net sales of $193.3 million rose $20.4 million, or 11.8%, from $172.8 million in the third quarter of 2025
- Net income was $22.7 million, or $0.86 per share, compared with $11.3 million, or $0.43 per share, a year earlier
- Total debt decreased $58.0 million during the first nine months of 2026
- Full-year 2026 capital expenditures are presently planned at approximately $22.0 to $24.0 million
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.