Gorman-Rupp Reports Record Q2 2025 Results: Net Sales Up 5.6%, Net Income Nearly Doubles, EPS Reaches $0.60

Reuters
07/25
Gorman-Rupp Reports Record <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Net Sales Up 5.6%, Net Income Nearly Doubles, EPS Reaches $0.60

The Gorman-Rupp Company (NYSE: GRC) has announced its financial results for the second quarter ending June 30, 2025. The company reported record net sales of $179.0 million, marking an increase of 5.6% or $9.5 million compared to the same period in 2024. The net income for the quarter was $15.8 million, or $0.60 per share, compared to $8.3 million, or $0.32 per share, for the second quarter of 2024. Adjusted EBITDA remained relatively stable at $35.3 million compared to $35.4 million in the previous year. For the first half of 2025, Gorman-Rupp's net sales reached $343.0 million, a 4.3% increase over the $328.8 million reported in the same period of 2024. The company achieved a net income of $27.9 million, or $1.06 per share, up from $16.2 million, or $0.62 per share, in the first six months of 2024. The adjusted EBITDA for this period was $65.0 million, representing a 2.2% increase from $63.6 million in 2024. Scott A. King, President and CEO, highlighted the record sales and incoming orders for the quarter, attributing the growth to increased demand in the municipal market driven by infrastructure spending and data center construction. The company reported a $30 million reduction in total debt during the first half of 2025, reflecting strong cash flow and improved interest expenses. With a positive outlook on incoming orders and current backlog levels, Gorman-Rupp is well-positioned for the second half of the year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Gorman-Rupp Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20250725609850) on July 25, 2025, and is solely responsible for the information contained therein.

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