---
title: "Gorman Rupp Q1: Revenue $176.6M, EPS $0.68 on 47% YoY Net Income Gain"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284244725.md"
description: "Gorman Rupp reported Q1 results with net sales of $176.6 million and EPS of $0.68, marking a 47.1% increase in net income to $17.8 million. The growth was driven by increased volume and a 3.0% pricing rise. Gross profit reached $57.4 million with a gross margin of 32.5%. Strong demand was noted in construction, agriculture, and industrial sectors, although international fire shipments declined. The company plans to invest $22–24 million in capital expenditures for machinery and equipment expansion."
datetime: "2026-04-27T15:41:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284244725.md)
  - [en](https://longbridge.com/en/news/284244725.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284244725.md)
---

# Gorman Rupp Q1: Revenue $176.6M, EPS $0.68 on 47% YoY Net Income Gain

Gorman Rupp reported first-quarter results with net sales of $176.6 million and diluted earnings per share of $0.68, reflecting increased volume and approximately 3.0% pricing. Net income rose to $17.8 million, a 47.1% increase from the prior year, driven by improved margins and operating leverage. The company noted broader demand strength across several end markets while some international fire shipments declined.

**Financial Highlights**

-   **Net sales:** $176.6 million, up 7.7% year over year driven by volume and ~3.0% pricing.
-   **Gross profit:** $57.4 million; gross margin 32.5% versus 30.7% prior year (increase of 180 basis points).
-   **Operating income:** $27.5 million; operating margin 15.6%, reflecting improved leverage versus prior year.
-   **Net income:** $17.8 million, up 47.1% from $12.1 million a year earlier.
-   **Earnings per share:** $0.68 versus $0.46 prior year (increase of 47.8%).

**Business Highlights**

-   **Demand by end market:** Strong demand in construction, agriculture, industrial, municipal and OEM channels supported performance; fire shipments declined due to reduced international sales.
-   **Brand and channel momentum:** Fill‑Rite and rental equipment sales improved, contributing to a broad‑based market recovery.
-   **Operational efficiency:** Improved labor and overhead leverage and a favorable product mix contributed to a 180 basis point gross margin improvement.
-   **Capacity and investment plans:** Continued investment in new products and training, and a capital expenditure plan of $22–24 million to expand machinery and equipment.

Original SEC Filing: GORMAN RUPP CO \[ GRC \] - 10-Q - Apr. 27, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [GRC.US](https://longbridge.com/en/quote/GRC.US.md)

## Related News & Research

- [Assessing Deere (DE) Valuation After Recent Share Price Pullback And Precision Agriculture Growth Story](https://longbridge.com/en/news/286754949.md)
- [PERIXX Unveils PERIBOARD-535 II — Low-Profile Ergonomic Mechanical Keyboard for Comfortable All-Day Typing](https://longbridge.com/en/news/286726795.md)
- [Hydrofarm Holdings GAAP EPS of -$3.07, revenue of $28.5M](https://longbridge.com/en/news/286614968.md)
- [Is It Too Late To Consider Deere (DE) After Its Strong Year To Date Rally?](https://longbridge.com/en/news/287064654.md)
- [Why everyone is talking about Lumentum stock -- and why investors should care](https://longbridge.com/en/news/286679327.md)