The Gorman-Rupp Company (GRC) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Gorman-Rupp published the results on October 23, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Gorman-Rupp reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Gorman-Rupp's adjusted EPS excludes 2025 facility optimization costs, $0.09 a share in Q3 2025. There was no adjustment in Q3 2026, so GAAP and adjusted EPS were both $0.86.
• Most of Gorman-Rupp's inventory is valued on the LIFO method, and interim LIFO expense is based on an estimate of the year-end inflation index, so it can be adjusted each quarter.

Source: Gorman-Rupp Q3 2026 results, October 23, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Gorman-Rupp splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Gorman-Rupp's Industrial revenue was $34.4 million in Q3 2026, up 11% from $31.0 million in Q3 2025, 18% of total revenue.
• Gorman-Rupp's Fire revenue was $35.8 million in Q3 2026, up 12% from $32.0 million in Q3 2025, 19% of total revenue.
• Gorman-Rupp's Agriculture revenue was $27.7 million in Q3 2026, up 21% from $23.0 million in Q3 2025, 14% of total revenue.
• Gorman-Rupp's Construction revenue was $26.9 million in Q3 2026, up 15% from $23.4 million in Q3 2025, 14% of total revenue.
• Gorman-Rupp's Municipal revenue was $28.3 million in Q3 2026, up 7% from $26.3 million in Q3 2025, 15% of total revenue.
• Gorman-Rupp's Petroleum revenue was $5.7 million in Q3 2026, up 21% from $4.7 million in Q3 2025, 3% of total revenue.
• Gorman-Rupp's OEM revenue was $14.3 million in Q3 2026, up 11% from $12.8 million in Q3 2025, 7% of total revenue.
• Gorman-Rupp's Repair parts revenue was $20.2 million in Q3 2026, up 3% from $19.7 million in Q3 2025, 10% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Gorman-Rupp does not give a sales or earnings outlook in its release. The only forward figure it gives is planned capital spending.

In its Q3 2026 release, Gorman-Rupp said:

“Capital expenditures for the full-year 2026 are presently planned to be approximately $22.0-$24.0 million.”

Source: Gorman-Rupp Q3 2026 release, Oct 23, 2026.

This is the company's own guidance as of Oct 23, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the GRC forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net sales and GAAP earnings per share, each as first reported in that quarter's release.

We do not hold a confirmed date for Gorman-Rupp's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 23, 2026

Gorman-Rupp makes pumps and pump systems, and reported record Q3 2026 net sales of $193.3 million, up 11.8% or $20.4 million from $172.8 million. It said sales rose in all of its markets, driven by volume growth and by price increases taken in the first quarter of 2026. (Gorman-Rupp Q3 2026 release, Oct 23, 2026)

Gorman-Rupp reports sales by end market. Fire was the largest in Q3 2026 at $35.8 million, followed by industrial at $34.4 million, municipal at $28.3 million, agriculture at $27.7 million and construction at $26.9 million, with repair parts at $20.2 million, OEM at $14.3 million and petroleum at $5.7 million. (Gorman-Rupp Form 10-Q, Q3 2026, Oct 26, 2026)

Agriculture added the most, $4.7 million, followed by fire suppression ($3.8 million, on international sales), construction ($3.5 million) and industrial ($3.4 million). Gorman-Rupp said agriculture, construction and industrial each gained partly from improvement across Fill-Rite's sales channels, with construction also helped by rental equipment and industrial by HVAC demand. (Gorman-Rupp Q3 2026 release, Oct 23, 2026)

Most sales are domestic and spread across many buyers. US sales were $145.9 million and foreign sales $47.3 million, about 24% of the total. Gorman-Rupp sells mainly through a broad network of distributors, and in 2025 no single customer exceeded 10% of net sales. (Gorman-Rupp Form 10-Q, Q3 2026, Oct 26, 2026; Gorman-Rupp Form 10-K, 2025, Mar 2, 2026)

Incoming orders for the first nine months of 2026 were $562.2 million, up 2.2%, and backlog was $236.8 million at September 30, 2026, against $234.2 million a year earlier and $244.0 million at December 31, 2025. (Gorman-Rupp Q3 2026 release, Oct 23, 2026)

Gorman-Rupp earned record EPS of $0.86 in Q3 2026, against $0.43, on net income of $22.7 million. Its adjusted EPS, which excludes 2025 facility optimization costs, was also $0.86, against $0.52 a year earlier, when those costs took $0.09 off EPS. (Gorman-Rupp Q3 2026 release, Oct 23, 2026)

Gross margin rose 420 basis points to 33.4%: 190 basis points from labor and overhead (130 from leverage on higher sales, 60 from favorable medical expenses), 160 basis points from the absence of 2025 facility optimization costs and 70 basis points from lower LIFO expense. Operating margin rose to 17.5% from 12.4%. (Gorman-Rupp Q3 2026 release, Oct 23, 2026)

Lower debt also helped: interest expense fell to $4.3 million from $5.8 million, and total debt fell $58.0 million in the first nine months. The effective tax rate was 23.9%, against 26.0%, which Gorman-Rupp said had been raised a year earlier by discrete adjustments and by tax changes under the One Big Beautiful Bill Act. (Gorman-Rupp Q3 2026 release, Oct 23, 2026; Gorman-Rupp Form 10-Q, Q3 2026, Oct 26, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Gorman-Rupp does not publish a sales or earnings outlook in its release. The only forward figure in the Q3 2026 release is planned 2026 capital expenditure of approximately $22.0 to $24.0 million, against $14.7 million spent in the first nine months. The CEO said incoming orders and backlog remain healthy going into the fourth quarter. (Gorman-Rupp Q3 2026 release, Oct 23, 2026)

A consensus figure is the average of the models published by the analysts who cover Gorman-Rupp, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Gorman-Rupp's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning GRC is on is GRC a buy or a sell?, what analysts expect next is on the GRC forecast, and what the company does is on the The Gorman-Rupp Company (GRC) stock page.

Every number on this page can be traced to a document Gorman-Rupp published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.