GENC Q4 backlog drops 58% to USD 23.6 million

Reuters
Dec 09
GENC Q4 backlog drops 58% to USD 23.6 million

Gencor Industries Inc. reported net revenue of USD 115.4 million for the full year ended September 30, 2025, compared to the previous year. Net income for the period was USD 15.7 million, resulting in earnings per share of USD 1.07. For the fourth quarter (Q4) of 2025, net revenue was USD 18.8 million, a decrease of 10.0 percent, and gross profit margin was 24.2 percent. The company ended the year with cash and marketable securities totaling USD 136.3 million. Gencor Industries Inc. reported a backlog of USD 23.6 million as of December 1, 2025. The company continues to operate with no short-term or long-term debt.

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