CECO ENVIRONMENTAL CORPCECOEarnings & Financial Report
CECO Environmental Corp. is an American industrial technology company founded in 1966 and headquartered in Dallas, Texas. It is publicly traded on the Nasdaq Stock Market under the ticker symbol CECO. The company provides air pollution control technology, products, and services for industrial markets, including manufacturing, chemical processing, energy, and refining.
Revenue
$135.5M
Gross Profit
$45.3M
Operating Profit
$7.2M
Net Profit
$2.1M
Gross Margin
33.4%
Operating Margin
5.3%
Net Margin
1.5%
YoY Growth
-9.3%
EPS
$0.06
CECO ENVIRONMENTAL CORP Q3 FY2024 Financial Summary
CECO ENVIRONMENTAL CORP reported revenue of $135.5M (down 9.3% YoY) for Q3 FY2024, with a net profit of $2.1M (down 37.4% YoY) (1.5% margin). Cost of goods sold was $90.2M, operating expenses totaled $38.1M.
Key Financial Metrics
| Total Revenue | $135.5M |
|---|---|
| Net Profit | $2.1M |
| Gross Margin | 33.4% |
| Operating Margin | 5.3% |
| Report Period | Q3 FY2024 |
CECO ENVIRONMENTAL CORP Annual Revenue by Year
CECO ENVIRONMENTAL CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $774.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $774.4M |
| 2024 | $557.9M |
| 2023 | $544.8M |
| 2022 | $422.6M |
CECO ENVIRONMENTAL CORP Quarterly Revenue & Net Profit History
CECO ENVIRONMENTAL CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $205.9M | +16.5% | N/A | N/A |
| Q4 FY2025 | $214.7M | +35.4% | $3.1M | 1.4% |
| Q3 FY2025 | $197.6M | +45.8% | $1.5M | 0.8% |
| Q2 FY2025 | $185.4M | +34.8% | $9.5M | 5.1% |
| Q1 FY2025 | $176.7M | +39.9% | $36.0M | 20.4% |
| Q4 FY2024 | $158.6M | +3.2% | $4.9M | 3.1% |
| Q3 FY2024 | $135.5M | -9.3% | $2.1M | 1.5% |
| Q2 FY2024 | $137.5M | +6.5% | $4.5M | 3.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $137.5M | $135.5M | $158.6M | $176.7M | $185.4M | $197.6M | $214.7M | $205.9M |
| YoY Growth | 6.5% | -9.3% | 3.2% | 39.9% | 34.8% | 45.8% | 35.4% | 16.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $598.1M | $621.5M | $759.7M | $957.1M | $876.6M | $891.9M | $893.8M | $1.03B |
| Liabilities | $358.3M | $375.6M | $507.8M | $667.0M | $573.4M | $578.3M | $570.6M | $710.2M |
| Equity | $235.0M | $241.3M | $247.7M | $285.8M | $298.4M | $309.2M | $317.5M | $317.2M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $6.7M | $15.1M | $1.8M | $-11.7M | $-7.7M | $15.3M | $10.0M |