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Side-by-side financial comparison of GORMAN RUPP CO (GRC) and ICHOR HOLDINGS, LTD. (ICHR). Click either name above to swap in a different company.

ICHOR HOLDINGS, LTD. is the larger business by last-quarter revenue ($256.1M vs $166.6M, roughly 1.5× GORMAN RUPP CO). GORMAN RUPP CO runs the higher net margin — 8.3% vs -1.0%, a 9.2% gap on every dollar of revenue. On growth, ICHOR HOLDINGS, LTD. posted the faster year-over-year revenue change (4.7% vs 2.4%). GORMAN RUPP CO produced more free cash flow last quarter ($10.2M vs $-10.0M). Over the past eight quarters, ICHOR HOLDINGS, LTD.'s revenue compounded faster (12.3% CAGR vs 2.3%).

Gorman-Rupp is a pump manufacturer in Mansfield, Ohio. It manufactures pumps for municipal, water, wastewater, sewage, industrial, construction, petroleum, fire, and OEM markets. The company is traded on the New York Stock Exchange. Its current CEO is Scott King.

Ichor Holdings Ltd. designs, manufactures and supplies critical fluid delivery systems, subsystems and related components for the global semiconductor manufacturing sector. Its products are integrated into front-end wafer processing equipment, supporting production of advanced logic, memory and specialty chips for leading semiconductor device and equipment makers across North America, East Asia and Europe.

GRC vs ICHR — Head-to-Head

Bigger by revenue
ICHR
ICHR
1.5× larger
ICHR
$256.1M
$166.6M
GRC
Growing faster (revenue YoY)
ICHR
ICHR
+2.4% gap
ICHR
4.7%
2.4%
GRC
Higher net margin
GRC
GRC
9.2% more per $
GRC
8.3%
-1.0%
ICHR
More free cash flow
GRC
GRC
$20.1M more FCF
GRC
$10.2M
$-10.0M
ICHR
Faster 2-yr revenue CAGR
ICHR
ICHR
Annualised
ICHR
12.3%
2.3%
GRC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GRC
GRC
ICHR
ICHR
Revenue
$166.6M
$256.1M
Net Profit
$13.7M
$-2.5M
Gross Margin
31.4%
12.6%
Operating Margin
14.9%
88.2%
Net Margin
8.3%
-1.0%
Revenue YoY
2.4%
4.7%
Net Profit YoY
25.2%
45.8%
EPS (diluted)
$0.53
$-0.07

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
GRC
GRC
ICHR
ICHR
Q1 26
$256.1M
Q4 25
$166.6M
$223.6M
Q3 25
$172.8M
$239.3M
Q2 25
$179.0M
$240.3M
Q1 25
$163.9M
$244.5M
Q4 24
$162.7M
$233.3M
Q3 24
$168.2M
$211.1M
Q2 24
$169.5M
$203.2M
Net Profit
GRC
GRC
ICHR
ICHR
Q1 26
$-2.5M
Q4 25
$13.7M
$-16.0M
Q3 25
$11.3M
$-22.9M
Q2 25
$15.8M
$-9.4M
Q1 25
$12.1M
$-4.6M
Q4 24
$11.0M
$-3.9M
Q3 24
$12.9M
$-2.8M
Q2 24
$8.3M
$-5.1M
Gross Margin
GRC
GRC
ICHR
ICHR
Q1 26
12.6%
Q4 25
31.4%
9.4%
Q3 25
29.2%
4.6%
Q2 25
31.3%
11.3%
Q1 25
30.7%
11.7%
Q4 24
30.2%
11.6%
Q3 24
31.3%
13.2%
Q2 24
31.9%
12.6%
Operating Margin
GRC
GRC
ICHR
ICHR
Q1 26
88.2%
Q4 25
14.9%
-6.2%
Q3 25
12.4%
-8.1%
Q2 25
15.0%
-2.0%
Q1 25
13.5%
-0.5%
Q4 24
13.0%
-0.5%
Q3 24
14.2%
-0.2%
Q2 24
15.4%
-1.1%
Net Margin
GRC
GRC
ICHR
ICHR
Q1 26
-1.0%
Q4 25
8.3%
-7.1%
Q3 25
6.6%
-9.6%
Q2 25
8.8%
-3.9%
Q1 25
7.4%
-1.9%
Q4 24
6.7%
-1.7%
Q3 24
7.7%
-1.3%
Q2 24
4.9%
-2.5%
EPS (diluted)
GRC
GRC
ICHR
ICHR
Q1 26
$-0.07
Q4 25
$0.53
$-0.46
Q3 25
$0.43
$-0.67
Q2 25
$0.60
$-0.28
Q1 25
$0.46
$-0.13
Q4 24
$0.42
$-0.11
Q3 24
$0.49
$-0.08
Q2 24
$0.32
$-0.15

Balance Sheet & Financial Strength

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

Metric
GRC
GRC
ICHR
ICHR
Cash + ST InvestmentsLiquidity on hand
$35.1M
$89.1M
Total DebtLower is stronger
$307.5M
$6.3M
Stockholders' EquityBook value
$414.7M
$668.0M
Total Assets
$860.1M
$972.5M
Debt / EquityLower = less leverage
0.74×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRC
GRC
ICHR
ICHR
Q1 26
$89.1M
Q4 25
$35.1M
$98.3M
Q3 25
$42.9M
$92.5M
Q2 25
$27.0M
$92.2M
Q1 25
$21.8M
$109.3M
Q4 24
$24.2M
$108.7M
Q3 24
$39.7M
$116.4M
Q2 24
$34.2M
$114.3M
Total Debt
GRC
GRC
ICHR
ICHR
Q1 26
$6.3M
Q4 25
$307.5M
$123.5M
Q3 25
$322.3M
$123.5M
Q2 25
$337.1M
$125.0M
Q1 25
$352.2M
$126.8M
Q4 24
$366.6M
$128.5M
Q3 24
$381.0M
$130.3M
Q2 24
$395.4M
$130.2M
Stockholders' Equity
GRC
GRC
ICHR
ICHR
Q1 26
$668.0M
Q4 25
$414.7M
$663.9M
Q3 25
$405.2M
$676.2M
Q2 25
$397.8M
$694.1M
Q1 25
$382.1M
$700.4M
Q4 24
$373.8M
$698.3M
Q3 24
$367.3M
$697.3M
Q2 24
$358.6M
$694.9M
Total Assets
GRC
GRC
ICHR
ICHR
Q1 26
$972.5M
Q4 25
$860.1M
$942.9M
Q3 25
$869.9M
$966.6M
Q2 25
$861.8M
$985.1M
Q1 25
$857.8M
$1.0B
Q4 24
$858.5M
$995.6M
Q3 24
$883.5M
$975.9M
Q2 24
$891.1M
$947.7M
Debt / Equity
GRC
GRC
ICHR
ICHR
Q1 26
0.01×
Q4 25
0.74×
0.19×
Q3 25
0.80×
0.18×
Q2 25
0.85×
0.18×
Q1 25
0.92×
0.18×
Q4 24
0.98×
0.18×
Q3 24
1.04×
0.19×
Q2 24
1.10×
0.19×

Cash Flow & Capital Efficiency

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

Metric
GRC
GRC
ICHR
ICHR
Operating Cash FlowLast quarter
$15.0M
Free Cash FlowOCF − Capex
$10.2M
$-10.0M
FCF MarginFCF / Revenue
6.1%
-3.9%
Capex IntensityCapex / Revenue
2.9%
2.8%
Cash ConversionOCF / Net Profit
1.09×
TTM Free Cash FlowTrailing 4 quarters
$88.9M
$-16.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRC
GRC
ICHR
ICHR
Q1 26
Q4 25
$15.0M
$9.2M
Q3 25
$42.3M
$9.2M
Q2 25
$27.8M
$-7.5M
Q1 25
$21.1M
$19.0M
Q4 24
$9.3M
$-2.5M
Q3 24
$27.2M
$8.1M
Q2 24
$22.7M
$17.5M
Free Cash Flow
GRC
GRC
ICHR
ICHR
Q1 26
$-10.0M
Q4 25
$10.2M
$5.9M
Q3 25
$35.8M
$2.1M
Q2 25
$24.8M
$-14.8M
Q1 25
$18.1M
$496.0K
Q4 24
$5.2M
$-6.9M
Q3 24
$24.0M
$2.2M
Q2 24
$19.4M
$14.6M
FCF Margin
GRC
GRC
ICHR
ICHR
Q1 26
-3.9%
Q4 25
6.1%
2.6%
Q3 25
20.7%
0.9%
Q2 25
13.9%
-6.2%
Q1 25
11.0%
0.2%
Q4 24
3.2%
-3.0%
Q3 24
14.3%
1.0%
Q2 24
11.5%
7.2%
Capex Intensity
GRC
GRC
ICHR
ICHR
Q1 26
2.8%
Q4 25
2.9%
1.5%
Q3 25
3.8%
3.0%
Q2 25
1.7%
3.0%
Q1 25
1.8%
7.6%
Q4 24
2.5%
1.9%
Q3 24
1.9%
2.8%
Q2 24
1.9%
1.4%
Cash Conversion
GRC
GRC
ICHR
ICHR
Q1 26
Q4 25
1.09×
Q3 25
3.73×
Q2 25
1.76×
Q1 25
1.74×
Q4 24
0.84×
Q3 24
2.10×
Q2 24
2.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GRC
GRC

Industrial$34.7M21%
Fire Market$31.4M19%
Municipal$25.3M15%
Agriculture$22.5M14%
Repair Parts$18.9M11%
Construction$17.3M10%
Original Equipment Manufacturer$10.8M7%
Petroleum$5.6M3%

ICHR
ICHR

Segment breakdown not available.

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