---
title: "CECO Environmental posts Q2 2026: Revenue $285.0M, Orders +191%, Adjusted EPS $0.47"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295396151.md"
description: "CECO Environmental reported Q2 2026 results with revenue of $285.0 million, up 54% year-over-year, and record orders of $798.5 million, a 191% increase. Adjusted diluted EPS was $0.47. Following the June 1 Thermon acquisition, the company raised its full-year consolidated revenue and adjusted EBITDA outlook, citing strong operational momentum and a backlog exceeding $1.8 billion."
datetime: "2026-08-10T11:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295396151.md)
  - [en](https://longbridge.com/en/news/295396151.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295396151.md)
generator: "portal-rs"
---

# CECO Environmental posts Q2 2026: Revenue $285.0M, Orders +191%, Adjusted EPS $0.47

CECO Environmental reported second-quarter 2026 results following its June 1 Thermon acquisition, with revenue of $285.0 million and record orders of $798.5 million. The company posted a GAAP net loss of $(34.8) million and non-GAAP net income of $21.5 million, with adjusted diluted EPS of $0.47. CECO raised its full-year 2026 consolidated revenue and adjusted EBITDA outlook and reported backlog above $1.8 billion.

**Financial Highlights**

-   Revenue: $285.0 million for the three months ended June 30, 2026 (up 54% year-over-year).
-   Gross profit: $86.5 million; gross margin: 30.3% (non-GAAP gross profit $96.0 million; non-GAAP margin 33.7%).
-   Operating (loss) / non-GAAP operating income: GAAP operating loss $(33.2) million; non-GAAP operating income $32.1 million.
-   Net (loss) / non-GAAP net income: GAAP net loss $(34.8) million; non-GAAP net income $21.5 million.
-   Adjusted diluted EPS (non-GAAP): $0.47; GAAP diluted EPS: $(0.80).

**Business Highlights**

-   Orders: $798.5 million in Q2 2026, an increase of 191% versus prior-year period; backlog rose to $1,819.1 million (up 164%).
-   Acquisition integration: Thermon acquisition closed June 1, 2026; integration and early synergy capture reported as progressing ahead of plan.
-   Pipeline expansion: Combined sales pipeline stated to exceed $8.5 billion, driven by Thermon addition and expanded market reach.
-   Operational momentum: Company cited continued strong project bookings and ongoing sales opportunities with no near-term slowdown entering Q3.
-   Cash flow and capital: Adjusted free cash flow improved to $53.2 million for the quarter (adjusted for Thermon transaction cash payments); company raised full-year guidance and targets free cash flow conversion of at least 55% of Adjusted EBITDA.

Original SEC Filing: CECO ENVIRONMENTAL CORP \[ CECO \] - 8-K - Aug. 10, 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.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**