Graham (GHM) Investor presentation summary

Company overview and market positioning

• Leading provider of mission-critical engineered products for defense, space, energy, and process industries, with a global footprint and diversified portfolio.

• FY26 revenue split: 60% defense, 34% energy & process, 6% space, with a 19% revenue CAGR since FY22.

• Products include condensers, heat exchangers, turbopumps, advanced mixing systems, and cryogenic pumps.

• Serves over 100 countries with 7 manufacturing facilities and multiple sales/engineering locations.

Strategic growth and operational execution

• Completed "Stabilize" phase, now focused on "Improve to Growth" with durable momentum into FY27.

• Backlog grew from $138M in FY21 to $533M in FY26, supporting long-term visibility and capital allocation.

• Operational excellence and disciplined capital allocation drive margin expansion and >20% ROIC projects.

• Strategic investments in new facilities, R&D, and IT infrastructure to support growth and efficiency.

Financial performance and outlook

• FY26 revenue reached $245.3M, up from $209.9M in FY25, with Q4 FY26 sales up 13% year-over-year.

• FY26 gross profit increased 9% to $57.8M, though gross margin decreased to 23.5% due to product mix and acquisition impacts.

• Adjusted EBITDA margin expanded to 10.6% in FY26, with net income per diluted share at $1.12 and adjusted at $1.40.

• FY27 guidance: $285M–$295M net sales, 24.5%–25.5% gross margin, 13% adjusted EBITDA margin, and 18% revenue growth at midpoint.