CECO Environmental

Q2 FY2026 EarningsQ2 FY26 results beat consensus on revenue and non-GAAP EPS, primarily driven by the early integration of the Thermon acquisition. Revenue reached $285.0M (+54% YoY) vs. $282.2M expected, while non-GAAP EPS of $0.47 significantly exceeded the $0.33 estimate despite a GAAP net loss due to transaction costs. Management raised full-year FY26 revenue guidance to $1.300B-$1.375B and Adjusted EBITDA to $200M-$225M, signaling strong demand in energy transition and industrial markets.