Graham(US:GHM)2025-06-09 10:49Financial Performance Highlights - Revenue for the fourth quarter of fiscal year 2025 was $59.3 million, up 21% compared to the prior-year period[10, 35] - Full-year fiscal 2025 revenue reached a record $209.9 million, a 13% increase from the previous year[10, 36] - Gross margin for the fourth quarter of fiscal year 2025 was 27%, an increase of 110 bps[10, 43] - Full-year fiscal 2025 gross margin was 25.2%, a 330 bps expansion[10, 43] - Adjusted EBITDA for fiscal year 2025 was $22.4 million, resulting in a 10.7% margin[10, 45] - Net income for fiscal year 2025 was $12.2 million[10] Orders and Backlog - Record backlog reached $412.3 million[10, 55] - Fiscal year 2025 orders totaled $231.1 million[10] - The book-to-bill ratio for fiscal year 2025 was 1.1x[10] - Defense sector accounted for 83% of the Q4 backlog[54] Fiscal Year 2026 Outlook - Net sales are projected to be between $225 million and $235 million[59] - Adjusted EBITDA is expected to range from $22 million to $28 million[59]