The Gorman-Rupp Company (GRC) Income Statement
GRC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGRC revenue and net income
Where GRC's revenue goes
2025Each bar shows an amount and its share of revenue. GRC kept 7.8% of revenue as net income.
GRC profit margins
GRC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.4% | +9.4% | +14.4% | +5.3% |
| Gross profit | +2.5% | +14.5% | +17.1% | +7.8% |
| Operating income | +5.7% | +33.4% | +21.7% | +10.1% |
| Net income | +32.2% | +67.9% | +16.0% | +7.8% |
| EPS (diluted) | +21.7% | +30.0% | +14.1% | +8.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GRC quarterly EPS vs estimates
Gorman-Rupp beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 23, 2026 (estimate $0.67).
GRC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $682.4M | $659.7M | $659.5M | $521.0M | $378.3M | $349.0M | $398.2M | $414.3M | $379.4M | $382.1M |
| Cost of revenue | $485.6M | $467.7M | $463.3M | $390.1M | $282.4M | $259.4M | $295.5M | $304.4M | $280.6M | $290.0M |
| Gross profit | $196.8M | $191.9M | $196.3M | $130.9M | $95.9M | $89.6M | $102.7M | $109.9M | $98.7M | $92.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $101.4M | $100.5M | $91.7M | $83.1M | $56.5M | $53.8M | $58.8M | $59.3M | $56.8M | $54.5M |
| Total operating expenses | $101.4M | $101.7M | $109.2M | $90.8M | $56.5M | $53.8M | $58.8M | $59.3M | $56.8M | $54.5M |
| Operating income | $95.4M | $90.2M | $87.0M | $40.2M | $39.4M | $35.8M | $30.1M | $50.6M | $37.9M | $35.7M |
| Interest income | $23.4M | $33.2M | $40.9M | $19.2M | $0 | $300,000 | $100,000 | $803,000 | $850,000 | $498,000 |
| Interest expense | $23.4M | $33.6M | $41.3M | $19.2M | $9.8M | $8.2M | $15.1M | $0 | $0 | $20,000 |
| Income before taxes | $69.2M | $50.5M | $44.0M | $13.9M | $37.2M | $31.2M | $45.2M | $50.3M | $39.4M | $36.5M |
| Income taxes | $16.1M | $10.4M | $9.0M | $2.7M | $7.4M | $6.1M | $9.4M | $10.3M | $12.8M | $11.6M |
| Net income | $53.0M | $40.1M | $35.0M | $11.2M | $29.9M | $25.2M | $35.8M | $40.0M | $26.6M | $24.9M |
| EBITDA | $120.3M | $110.2M | $114.0M | $54.3M | $49.2M | $43.9M | $57.6M | $65.1M | $57.0M | $53.0M |
| EPS (diluted) | $2.13 | $1.75 | $1.36 | $0.97 | $1.32 | $1.10 | $1.37 | $1.72 | $1.18 | $1.00 |
| Gross margin | 28.8% | 29.1% | 29.8% | 25.1% | 25.3% | 25.7% | 25.8% | 26.5% | 26.0% | 24.1% |
| Operating margin | 14.0% | 13.7% | 13.2% | 7.7% | 10.4% | 10.2% | 7.6% | 12.2% | 10.0% | 9.3% |
| Net margin | 7.8% | 6.1% | 5.3% | 2.1% | 7.9% | 7.2% | 9.0% | 9.6% | 7.0% | 6.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $186.1M | $176.6M | $166.6M | $172.8M | $179.0M | $163.9M | $162.7M | $168.2M | $169.5M | $159.3M | $160.6M | $167.5M |
| Cost of revenue | $122.4M | $122.3M | $117.3M | $125.5M | $123.0M | $113.6M | $113.5M | $115.5M | $115.4M | $114.0M | $112.8M | $119.3M |
| Gross profit | $63.7M | $54.3M | $49.3M | $47.3M | $56.1M | $50.3M | $49.2M | $52.7M | $54.1M | $45.3M | $47.8M | $48.1M |
| Sales, general & admin | $27.1M | $26.8M | $24.4M | $25.9M | $26.0M | $25.1M | $25.0M | $25.7M | $24.9M | $24.9M | $26.0M | $23.2M |
| Total operating expenses | $33.3M | $26.8M | $24.4M | $25.9M | $29.1M | $28.2M | $28.1M | $28.8M | $28.0M | $24.9M | $26.0M | $26.3M |
| Operating income | $30.4M | $27.5M | $24.8M | $21.5M | $26.9M | $22.1M | $21.1M | $23.9M | $26.0M | $20.4M | $21.8M | $21.9M |
| Interest income | — | — | $5.4M | $5.8M | $6.0M | $6.3M | $6.3M | $7.8M | — | — | — | $10.5M |
| Interest expense | $4.8M | $5.0M | $5.3M | $5.8M | $6.0M | $6.3M | $6.7M | $7.8M | $9.0M | $10.1M | $10.1M | $10.5M |
| Income before taxes | $25.4M | $22.3M | $17.9M | $15.3M | $20.4M | $15.5M | $13.7M | $16.1M | $10.7M | $10.1M | $11.2M | $11.0M |
| Income taxes | $6.0M | $4.4M | $4.2M | $4.0M | $4.6M | $3.4M | $2.7M | $3.1M | $2.3M | $2.2M | $2.3M | $2.0M |
| Net income | $19.4M | $17.8M | $13.7M | $11.3M | $15.8M | $12.1M | $11.0M | $12.9M | $8.3M | $7.9M | $9.0M | $9.0M |
| EBITDA | $37.7M | $34.2M | $30.1M | $28.0M | $33.3M | $28.8M | $27.3M | $30.2M | $26.2M | $29.3M | $28.1M | $28.5M |
| EPS (diluted) | $0.74 | $0.68 | $0.55 | $0.52 | $0.60 | $0.46 | $0.42 | $0.49 | $0.54 | $0.30 | $0.34 | $0.34 |
| Gross margin | 34.2% | 30.7% | 29.6% | 27.4% | 31.3% | 30.7% | 30.2% | 31.3% | 31.9% | 28.5% | 29.8% | 28.7% |
| Operating margin | 16.3% | 15.6% | 14.9% | 12.4% | 15.0% | 13.5% | 13.0% | 14.2% | 15.4% | 12.8% | 13.6% | 13.1% |
| Net margin | 10.4% | 10.1% | 8.3% | 6.6% | 8.8% | 7.4% | 6.7% | 7.7% | 4.9% | 5.0% | 5.6% | 5.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GRC's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GRC financial results
In fiscal year 2025 (ended December 31, 2025), Gorman-Rupp reported revenue of $682.4 million, up 3.4% from the year before. It had net income of $53.0 million (up 32.2%), a net profit margin of 7.8%. Diluted earnings per share came to $2.13. Over five years revenue grew at an average rate of 14.4% a year.
See the GRC stock overview for the latest quote and news, or the GRC chart for price history and technical indicators.
GRC income statement FAQ
What is Gorman-Rupp's annual revenue?
Gorman-Rupp reported total revenue of $682.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 3.4% from $659.7 million the previous year.
Is Gorman-Rupp profitable?
Yes. Gorman-Rupp reported net income of $53.0 million in fiscal 2025, a net profit margin of 7.8%; its operating margin was 14.0%.
What is Gorman-Rupp's gross margin?
Gorman-Rupp's gross margin was 28.8% in fiscal 2025: for every $100 of revenue, Gorman-Rupp kept $29 after the direct cost of its products and services.
How fast is Gorman-Rupp growing?
Revenue grew 14.4% a year on average over the last five fiscal years, from $349.0 million to $682.4 million.
What are Gorman-Rupp's earnings per share?
Gorman-Rupp earned $2.13 per diluted share in fiscal 2025, compared with $1.75 a year earlier.
When will Gorman-Rupp report its next earnings?
Gorman-Rupp is expected to report results for the quarter ending September 30, 2026 on October 23, 2026 before the market opens.
When does Gorman-Rupp's fiscal year end?
Gorman-Rupp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.