8-KCurrent report
Results of operations
UnverifiedGraham reported record Q1 FY2027 net sales of $71.3 million, up 29%, with record backlog of $557.2 million and no outstanding debt after a $50.0 million stock issuance.
7.01 Reg FD disclosure
Filed Aug 6, 2026 · 06:45 ET
Summary
This summary has not passed every source check. Confirm figures against the original document.
- Net sales reached a record $71.3 million, up $15.9 million or 29% over the prior-year first quarter, with the FlackTek acquisition adding $6.6 million to revenue.
- Space market sales increased $2.9 million, or 86%, to $6,287 thousand, while Defense sales rose $11.8 million, or 40%, to $41,383 thousand.
- Orders were $95.9 million with a book-to-bill ratio of 1.3x, and backlog reached a record $557.2 million, of which approximately 84% is to the Defense industry.
- The Company ended the quarter with $27.0 million in cash and no outstanding debt after a $50.0 million investment from accounts advised by T. Rowe Price and repayment of $13.0 million of debt.
- Graham reaffirmed full year fiscal 2027 guidance of net sales of $285 million to $295 million and Adjusted EBITDA of $35 million to $40 million.
Key facts
- Net sales
- $71.3 million
From the filing for Net sales
“Record net sales of $71.3 million, increased 29% compared to the prior year reflecting strength of diversified revenue base”
- Net income per diluted share
- $0.33
From the filing for Net income per diluted share
“Net income per diluted share was $0.33; Adjusted net income per diluted share (1) was $0.49”
- Adjusted EBITDA
- $8.8 million
From the filing for Adjusted EBITDA
“Adjusted EBITDA (1) increased 28% to $8.8 million; Adjusted EBITDA margin (1) was 12.3%”
- Orders and backlog
- $95.9 million orders, $557.2 million backlog
From the filing for Orders and backlog
“Orders ( 2) were $95.9 million; Book-to-Bill ( 2) ratio of 1.3x and record backlog ( 2) of $557.2 million”
- Space sales
- increased $2.9 million, or 86%
From the filing for Space sales
“Sales to the Space market increased $2.9 million, or 86%, over the prior year first quarter”
- Space orders
- $14.4 million
From the filing for Space orders
“Space market orders totaled $14.4 million, or 2.3x net Space sales for the quarter”
- Cash and debt
- $27.0 million cash, no debt
From the filing for Cash and debt
“Strengthened balance sheet with $27.0 million in cash and no outstanding debt following $50.0 million stock issuance and repayment of $13.0 million of debt during the quarter”
- FY2027 guidance
- $285 million to $295 million
From the filing for FY2027 guidance
“Net Sales $285 million to $295 million”
Why it mattersGraham's Space segment sales grew 86% to $6.3 million and Space backlog rose 245% to $45.3 million, reflecting new and ramping programs. The $50.0 million equity raise and debt repayment gives the Defense and Space supplier a debt-free balance sheet to fund growth.
- Filed
- Aug 6, 2026
- Accepted
- 2026-08-06 10:45Z
- Period
- Aug 6, 2026
- Accession no.
- 0001193125-26-336614
- Size
- 452 KB
- Index
- Filing index