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Side-by-side financial comparison of CECO ENVIRONMENTAL CORP (CECO) and UFP TECHNOLOGIES INC (UFPT). Click either name above to swap in a different company.

CECO ENVIRONMENTAL CORP is the larger business by last-quarter revenue ($205.9M vs $148.9M, roughly 1.4× UFP TECHNOLOGIES INC). On growth, CECO ENVIRONMENTAL CORP posted the faster year-over-year revenue change (16.5% vs 3.4%). Over the past eight quarters, CECO ENVIRONMENTAL CORP's revenue compounded faster (22.4% CAGR vs 19.1%).

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.

UFP Technologies, Inc. is an American multinational developer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products.

CECO vs UFPT — Head-to-Head

Bigger by revenue
CECO
CECO
1.4× larger
CECO
$205.9M
$148.9M
UFPT
Growing faster (revenue YoY)
CECO
CECO
+13.2% gap
CECO
16.5%
3.4%
UFPT
Faster 2-yr revenue CAGR
CECO
CECO
Annualised
CECO
22.4%
19.1%
UFPT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CECO
CECO
UFPT
UFPT
Revenue
$205.9M
$148.9M
Net Profit
$17.6M
Gross Margin
31.0%
28.2%
Operating Margin
0.9%
14.4%
Net Margin
11.8%
Revenue YoY
16.5%
3.4%
Net Profit YoY
7.3%
EPS (diluted)
$0.98
$2.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CECO
CECO
UFPT
UFPT
Q1 26
$205.9M
Q4 25
$214.7M
$148.9M
Q3 25
$197.6M
$154.6M
Q2 25
$185.4M
$151.2M
Q1 25
$176.7M
$148.1M
Q4 24
$158.6M
$144.1M
Q3 24
$135.5M
$145.2M
Q2 24
$137.5M
$110.2M
Net Profit
CECO
CECO
UFPT
UFPT
Q1 26
Q4 25
$3.1M
$17.6M
Q3 25
$1.5M
$16.4M
Q2 25
$9.5M
$17.2M
Q1 25
$36.0M
$17.2M
Q4 24
$4.9M
$16.4M
Q3 24
$2.1M
$16.4M
Q2 24
$4.5M
$13.6M
Gross Margin
CECO
CECO
UFPT
UFPT
Q1 26
31.0%
Q4 25
35.1%
28.2%
Q3 25
32.7%
27.7%
Q2 25
36.2%
28.8%
Q1 25
35.2%
28.5%
Q4 24
35.8%
29.2%
Q3 24
33.4%
28.6%
Q2 24
35.7%
30.0%
Operating Margin
CECO
CECO
UFPT
UFPT
Q1 26
0.9%
Q4 25
7.7%
14.4%
Q3 25
4.8%
15.1%
Q2 25
9.7%
16.1%
Q1 25
35.0%
15.6%
Q4 24
7.1%
15.4%
Q3 24
5.3%
17.1%
Q2 24
6.7%
16.3%
Net Margin
CECO
CECO
UFPT
UFPT
Q1 26
Q4 25
1.4%
11.8%
Q3 25
0.8%
10.6%
Q2 25
5.1%
11.4%
Q1 25
20.4%
11.6%
Q4 24
3.1%
11.4%
Q3 24
1.5%
11.3%
Q2 24
3.3%
12.3%
EPS (diluted)
CECO
CECO
UFPT
UFPT
Q1 26
$0.98
Q4 25
$0.09
$2.22
Q3 25
$0.04
$2.11
Q2 25
$0.26
$2.21
Q1 25
$0.98
$2.21
Q4 24
$0.14
$2.08
Q3 24
$0.06
$2.11
Q2 24
$0.12
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CECO
CECO
UFPT
UFPT
Cash + ST InvestmentsLiquidity on hand
$45.4M
$20.3M
Total DebtLower is stronger
$5.3M
$135.5M
Stockholders' EquityBook value
$317.2M
$423.9M
Total Assets
$1.0B
$655.1M
Debt / EquityLower = less leverage
0.02×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CECO
CECO
UFPT
UFPT
Q1 26
$45.4M
Q4 25
$33.1M
$20.3M
Q3 25
$32.8M
$18.2M
Q2 25
$36.8M
$14.9M
Q1 25
$146.5M
$14.0M
Q4 24
$37.8M
$13.4M
Q3 24
$38.7M
$16.4M
Q2 24
$36.5M
$16.7M
Total Debt
CECO
CECO
UFPT
UFPT
Q1 26
$5.3M
Q4 25
$212.4M
$135.5M
Q3 25
$220.9M
$146.1M
Q2 25
$238.7M
$163.6M
Q1 25
$339.7M
$163.6M
Q4 24
$218.9M
$189.4M
Q3 24
$133.4M
$212.0M
Q2 24
$130.8M
$35.2M
Stockholders' Equity
CECO
CECO
UFPT
UFPT
Q1 26
$317.2M
Q4 25
$317.5M
$423.9M
Q3 25
$309.2M
$403.9M
Q2 25
$298.4M
$385.5M
Q1 25
$285.8M
$360.7M
Q4 24
$247.7M
$342.8M
Q3 24
$241.3M
$329.1M
Q2 24
$235.0M
$310.2M
Total Assets
CECO
CECO
UFPT
UFPT
Q1 26
$1.0B
Q4 25
$893.8M
$655.1M
Q3 25
$891.9M
$652.8M
Q2 25
$876.6M
$634.7M
Q1 25
$957.1M
$642.6M
Q4 24
$759.7M
$629.0M
Q3 24
$621.5M
$638.5M
Q2 24
$598.1M
$422.4M
Debt / Equity
CECO
CECO
UFPT
UFPT
Q1 26
0.02×
Q4 25
0.67×
0.32×
Q3 25
0.71×
0.36×
Q2 25
0.80×
0.42×
Q1 25
1.19×
0.45×
Q4 24
0.88×
0.55×
Q3 24
0.55×
0.64×
Q2 24
0.56×
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CECO
CECO
UFPT
UFPT
Operating Cash FlowLast quarter
$16.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CECO
CECO
UFPT
UFPT
Q1 26
Q4 25
$10.0M
$16.8M
Q3 25
$15.3M
$35.9M
Q2 25
$-7.7M
$25.3M
Q1 25
$-11.7M
$13.8M
Q4 24
$1.8M
$24.4M
Q3 24
$15.1M
$19.8M
Q2 24
$6.7M
$11.7M
Free Cash Flow
CECO
CECO
UFPT
UFPT
Q1 26
Q4 25
$7.3M
Q3 25
$11.0M
Q2 25
$-8.7M
$22.5M
Q1 25
$-15.1M
$11.0M
Q4 24
$-4.3M
$21.4M
Q3 24
$11.1M
$17.7M
Q2 24
$2.5M
$8.9M
FCF Margin
CECO
CECO
UFPT
UFPT
Q1 26
Q4 25
3.4%
Q3 25
5.6%
Q2 25
-4.7%
14.9%
Q1 25
-8.5%
7.4%
Q4 24
-2.7%
14.9%
Q3 24
8.2%
12.2%
Q2 24
1.9%
8.1%
Capex Intensity
CECO
CECO
UFPT
UFPT
Q1 26
Q4 25
1.2%
Q3 25
2.1%
Q2 25
0.6%
1.9%
Q1 25
1.9%
1.9%
Q4 24
3.9%
2.1%
Q3 24
3.0%
1.5%
Q2 24
3.0%
2.5%
Cash Conversion
CECO
CECO
UFPT
UFPT
Q1 26
Q4 25
3.26×
0.96×
Q3 25
10.18×
2.19×
Q2 25
-0.81×
1.47×
Q1 25
-0.33×
0.80×
Q4 24
0.37×
1.49×
Q3 24
7.24×
1.21×
Q2 24
1.49×
0.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CECO
CECO

Segment breakdown not available.

UFPT
UFPT

Products$145.1M97%
Engineering And Development$1.8M1%

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