Graham Corp (GHM) financials
Graham revenue and earnings by year
Graham's revenue was $245 million in the fiscal year to March 31, 2026, up 16.9% from the year before. Net income was $12.5 million, 5.1% of revenue. Since the fiscal year to March 31, 2017, revenue has grown 11.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 245 | 210 | 186 | 157 | 123 | 97 | 91 | 92 | 78 | 92 |
| Revenue growth | 16.9% | 13.1% | 18.1% | 27.9% | 26.0% | 7.6% | -1.3% | 18.4% | -15.5% | — |
| Gross profit | 58 | 53 | 41 | 25 | 9 | 20 | 18 | 22 | 17 | 22 |
| Gross margin | 23.5% | 25.2% | 21.9% | 16.2% | 7.4% | 21.0% | 20.0% | 23.9% | 21.9% | 24.1% |
| Operating income | 15 | 15 | 7 | 2 | -11 | 3 | 1 | -2 | -13 | 7 |
| Operating margin | 5.9% | 7.1% | 3.5% | 1.0% | -8.8% | 3.2% | 1.1% | -1.7% | -17.3% | 7.3% |
| Net income | 13 | 12 | 5 | 0 | -9 | 2 | 2 | -0 | -10 | 5 |
| Net margin | 5.1% | 5.8% | 2.5% | 0.2% | -7.1% | 2.4% | 2.1% | -0.3% | -12.7% | 5.5% |
| Diluted EPS | $1.12 | $1.11 | $0.42 | $0.03 | -$0.83 | $0.24 | $0.19 | -$0.02 | -$1.01 | $0.51 |
| Free cash flow | 0 | 5 | 19 | 10 | -5 | -4 | -1 | 6 | 6 | 12 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open GHM in Markets.
How Graham makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Defense | $41.4M | 58.0% |
| Energy & Process | $23.7M | 33.2% |
| Space | $6.29M | 8.8% |
See also: GHM valuation and P/E history · GHM returns
No forecast, no recommendation. This page describes Graham Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.