Gencor Industries Inc. Releases Fiscal 2025 Q1 and Q2 Results
Gencor Industries Inc., a global manufacturer specializing in asphalt plants, soil remediation plants, combustion systems, and screening equipment, has released its financial results for the first and second quarters of fiscal 2025. The company, which operates primarily in the construction industry, reported significant growth in revenue for the first quarter, while also providing an update on its second-quarter performance.
Q1 Fiscal 2025 Results
For the first quarter of fiscal 2025, Gencor Industries reported a net revenue of $31.4 million, marking a 20.7% increase from $26.0 million in the same quarter of the previous year. This growth was primarily driven by higher contract equipment sales. Despite the increase in revenue, the company’s gross profit margins experienced a slight decline, falling to 27.6% from 29.0% year-over-year.
Operating income for the quarter rose to $4.6 million, up from $3.4 million in the previous year. However, net income decreased to $3.8 million, or $0.26 per share, compared to $4.3 million, or $0.30 per share, in the prior year. This decrease in net income was attributed to investment losses.
Gencor Industries maintains a strong financial position, with $130.1 million in cash and marketable securities and no debt. The company’s backlog stood at $54.4 million, a decrease from $61.3 million in the previous year.
Q2 Fiscal 2025 Results
While specific financial figures for the second quarter were not detailed in the provided information, Gencor Industries has released its results, indicating ongoing updates to stakeholders. The company continues to focus on its core operations in North America, Europe, the Middle East, and Asia, serving a vast customer base through its official website and trading on the NYSE American exchange.
Company Overview
Gencor Industries Inc. is headquartered in Orlando, United States, and is listed on the NYSE American exchange. The company operates in the machinery sector within the industrials industry, with a market capitalization of $208.14 million as of July 23, 2025. The stock closed at $14.41, with a 52-week high of $24.88 and a low of $10.80. The price-to-earnings ratio stands at 14.26.
For more information, stakeholders can visit Gencor’s official website at www.gencor.com .
This article provides a concise overview of Gencor Industries Inc.’s financial performance for the first and second quarters of fiscal 2025, highlighting key financial metrics and maintaining a factual and structured style.