--- title: "CECO Environmental updates 2026 outlook after Thermon acquisition, sees $40M+ synergies" type: "News" locale: "en" url: "https://longbridge.com/en/news/289230300.md" description: "CECO Environmental updated its 2026 outlook following the Thermon acquisition, projecting $1.275B–$1.375B in revenue and $195M–$225M in Adjusted EBITDA, representing ~20% and ~25% YoY growth respectively. The company expects at least $40 million in cost synergies and aims for 55% free cash flow conversion from Adjusted EBITDA. Guidance includes seven months of Thermon's contribution post-June 1 closing." datetime: "2026-06-09T19:43:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289230300.md) - [en](https://longbridge.com/en/news/289230300.md) - [zh-HK](https://longbridge.com/zh-HK/news/289230300.md) generator: "portal-rs" --- # CECO Environmental updates 2026 outlook after Thermon acquisition, sees $40M+ synergies **CECO Environmental updated its full-year 2026 outlook reflecting the Thermon acquisition and expects $40 million or more in cost synergies.** **Key Highlights:** - Updated full-year 2026 revenue guidance: $1.275B–$1.375B, about +20% at midpoint year-over-year. - Adjusted EBITDA outlook: $195M–$225M, roughly +25% at midpoint year-over-year. - Guidance includes seven months (June–Dec) of Thermon contribution after June 1 closing. - Expect to generate at least 55% of Adjusted EBITDA as free cash flow for 2026. - Integration on track in week one; targeting $40M+ in cost synergies and already capturing savings. Original SEC Filing: CECO ENVIRONMENTAL CORP \[ CECO \] - 8-K - Jun. 09, 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 - [CECO.US](https://longbridge.com/en/quote/CECO.US.md) - [THR.US](https://longbridge.com/en/quote/THR.US.md) ## Related News & Research - [CECO Environmental posts Q2 2026: Revenue $285.0M, Orders +191%, Adjusted EPS $0.47](https://longbridge.com/en/news/295396151.md) - [CECO: Record orders and raised 2026 outlook as Thermon integration drives strong growth](https://longbridge.com/en/news/295396124.md) - [Corning sets Q3 2026 dividend at R$ 0.25 per unit](https://longbridge.com/en/news/296635714.md) - [The AI Boom Has a New Chip Shortage. Intel Is Ready.](https://longbridge.com/en/news/296348265.md) - [Public Storage announces R$ 0.41 per unit dividend for Q3 2026](https://longbridge.com/en/news/296635332.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**