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GRAHAM CORP (GHM) Annual Reports

Q: Where can I read GRAHAM CORP (GHM) annual reports?

Every year on this page links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser. 4 filings are currently indexed.

Q: What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer; a 20-F is filed by foreign private issuers (Taiwanese companies with US ADRs, such as TSMC, file 20-F). A 40-F applies to Canadian issuers under the MJDS.

GRAHAM CORP is listed on NYSE, classified by the SEC under General Industrial Machinery & Equipment (SIC 3560). This page indexes 4 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Exchange： NYSE
Fiscal year end： 03/31
SEC CIK： 716314 →

Website：Official site ↗

Financial Highlights

FY2026 Q1 (quarterly, ended 2026-06-30)
	Current	Prior year	YoY
Revenue	$71.3M	$55.5M	+28.6%
Operating income	$4.2M	$5.0M	-16.4%
Net income	$3.9M	$4.6M	-14.9%
EPS (diluted)	$0.33	$0.42	-21.4%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit

Quarterly · In mn (USD)

Revenue 71.3 mn Net income 3.91 mn

Periods follow the company’s fiscal year (Apple ends in September, Walmart in January), so they differ from calendar quarters.

Show table：Income statement

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
Revenue	62.2	13.3	15.7	19.2	25.9	25.0	33.6	24.3	20.3	22.5	25.9	25.6	30.9	28.3	24.5	23.4	26.1	28.5	35.6	33.6	37.5	27.6	22.8	17.3	22.3	22.4	21.1	22.6	25.6	20.9	17.2	17.3	22.2	29.6	21.4	17.2	23.6	20.6	21.6	25.3	23.1	16.7	27.9	27.1	25.7	20.2	34.1	28.8	39.7	36.1	38.1	39.9	43.0	47.6	45.1	43.8	49.1	50.0	53.6	47.0	59.4	55.5	66.0	56.7	67.1	71.3
Gross profit	22.2	3.85	5.35	4.75	7.90	8.20	12.8	6.46	5.18	6.24	7.91	7.13	10.6	10.0	8.29	6.09	7.42	7.93	11.0	10.1	12.8	8.04	7.14	3.52	4.56	4.11	5.01	6.30	6.74	4.87	3.83	3.59	5.05	7.14	6.23	3.74	4.80	4.71	4.95	4.04	4.44	1.57	7.69	6.23	4.98	0.91	3.44	0.56	4.21	6.74	5.28	6.23	7.16	11.0	7.19	9.72	12.7	12.4	12.8	11.7	16.0	14.7	14.3	13.5	15.3	17.8
Operating income	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.65	—	3.44	1.29	0.6	-4.01	-0.7	-4.58	-2.05	0.99	-0.05	0.67	-0.35	3.68	0.8	0.91	1.52	3.22	4.24	2.21	5.52	4.96	4.27	3.12	2.66	4.15
Net income	6.36	0.88	1.56	0.76	2.68	3.02	5.47	1.64	0.43	1.39	2.62	3.05	4.10	3.81	2.59	1.43	2.32	2.39	4.19	3.99	4.17	2.36	1.98	1.27	0.52	0.09	1.30	1.84	1.80	0.94	0.01	-11.6	0.83	2.32	1.83	0.1	-4.55	0.08	1.21	0.01	0.58	-1.82	2.74	1.06	0.39	-3.13	-0.49	-3.73	-1.42	0.68	-0.2	0.37	-0.48	2.64	0.41	0.17	1.34	2.97	3.28	1.59	4.39	4.60	3.09	2.85	1.97	3.91

Balance sheet

Quarterly · In mn (USD)

Total assets 364 mn Total liabilities 172 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
Current assets	—	—	—	—	76.6	76.4	79.5	76.8	77.0	74.8	81.9	85.2	88.9	92.6	92.9	96.7	97.5	95.7	106	108	112	110	107	108	103	108	105	109	111	107	107	113	115	121	129	128	135	124	125	125	127	125	123	123	120	88.1	95.4	101	87.2	89.3	94.5	112	110	117	120	115	126	135	138	146	141	128	159	164	156	198
Total assets	—	—	—	—	118	118	122	120	115	113	120	123	127	130	131	136	142	142	154	156	155	153	150	151	143	148	145	148	152	148	148	139	143	149	157	157	156	145	146	147	148	146	145	145	144	185	192	196	184	184	189	208	204	210	213	219	234	244	250	264	264	252	287	293	324	364
Current liabilities	—	—	—	—	32.6	29.4	26.8	22.7	24.3	20.5	24.7	25.0	24.9	24.3	21.7	25.0	26.1	24.6	32.1	29.9	30.3	26.1	25.3	27.7	27.9	33.4	29.2	31.7	32.0	27.6	28.2	34.5	37.3	42.7	49.0	49.1	54.9	44.5	45.1	46.0	49.2	49.5	45.6	44.5	43.6	51.2	58.9	68.6	59.4	60.8	66.3	85.9	86.2	90.3	93.8	104	118	126	128	141	136	121	152	155	156	161
Total liabilities	—	—	—	—	44.4	41.4	39.1	35.4	33.4	29.6	33.8	34.1	33.7	33.3	30.9	33.9	35.7	34.2	41.7	39.6	38.1	34.0	33.3	35.9	33.8	39.4	35.0	37.4	37.5	33.3	34.0	36.7	40.0	45.4	51.8	52.0	57.3	47.4	48.0	48.8	51.4	51.9	48.0	47.6	46.4	82.2	90.0	98.5	87.2	87.2	91.9	110	107	110	112	115	128	136	137	150	145	129	159	162	183	172
Equity	69.1	—	—	—	73.7	76.8	82.6	84.5	81.6	83.1	86.0	89.2	93.0	97.0	100	102	106	108	112	116	117	119	117	115	109	109	110	111	114	114	114	102	103	104	105	105	99.0	98.0	98.5	98.0	96.7	94.2	96.6	97.3	97.9	103	102	97.5	96.5	97.0	97.0	97.9	96.9	99.7	101	104	106	108	112	114	120	123	128	131	140	192

Cash flow

Quarterly · In mn (USD)

Operating -12.7 mn Investing -1.04 mn Financing 34.0 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
Operating	30.3	-2.80	0.61	-3.65	-4.52	-1.59	-1.99	7.49	-1.31	5.48	0.77	8.70	-2.52	2.00	2.29	10.3	0.66	3.19	5.30	-0.98	-1.23	3.33	4.37	14.5	-3.42	3.81	-0.56	7.46	1.68	2.88	-2.03	3.03	4.64	0.07	5.01	3.46	-0.62	-4.75	2.84	-2.20	5.36	-4.37	2.12	2.93	-2.39	-7.08	-1.63	-5.85	12.3	-0.69	0.29	9.34	4.97	8.60	3.30	7.59	8.64	8.72	13.9	5.22	-3.56	-2.26	13.6	4.76	-0.15	-12.7
Investing	-29.9	4.99	0.37	17.9	3.46	7.28	10.1	1.96	-15.1	-6.30	-0.27	-4.89	-1.15	-0.29	-5.10	0.27	-1.60	11.4	-19.5	-0.87	-0.33	-0.26	-0.26	-9.36	0.73	-0.13	5.97	-0.08	0.92	-16.1	8.69	2.87	0.5	-22.8	2.80	-9.23	0.33	4.25	-3.51	2.21	17.9	13.6	20.1	-0.66	-0.69	-54.5	-0.78	-0.68	-1.13	-0.28	-0.89	-1.22	-1.35	-1.50	-1.77	-8.69	-4.03	-3.15	-3.49	-7.34	-5.16	-7.00	-4.14	-3.07	-28.8	-1.04
Financing	-0.95	-0.13	-0.87	-0.31	-0.07	-0.08	-0.23	0.01	-0.91	-0.23	-0.2	-0.18	-0.25	-0.21	-0.06	-0.06	-0.21	-0.36	-0.43	-0.4	-0.66	-0.72	-4.22	-3.26	-4.49	-0.94	-0.83	-0.86	-0.83	-1.02	-0.91	-0.91	-0.91	-0.95	-0.94	-1.01	-0.86	-1.23	-1.10	-1.08	-1.10	-1.13	-1.11	-1.11	-1.10	21.1	-0.25	4.01	-10.4	-0.72	1.93	-5.07	-2.57	-0.64	-0.36	-9.57	-2.82	-0.89	0.21	-0.08	0.24	-1.61	0.38	-0.09	13.3	34.0
Cash at period end	4.53	6.60	6.74	20.7	19.6	25.2	33.0	42.5	25.2	24.1	24.4	28.1	24.2	25.7	22.9	33.4	32.1	46.4	31.8	29.5	27.3	29.6	29.4	31.2	24.1	26.7	31.3	37.7	39.5	25.3	31.1	36.2	40.5	16.7	23.4	16.7	15.0	13.8	11.9	10.8	33.0	41.1	62.4	63.8	59.5	19.1	16.5	14.0	14.7	12.9	14.1	17.2	18.3	24.7	25.8	15.2	16.9	21.6	32.3	30.1	21.6	10.8	20.6	22.3	6.58	26.9

Profitability

Quarterly · %

Gross margin 24.9% Operating margin 5.8% Net margin 5.5%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
Gross margin	35.8%	28.8%	34.0%	24.7%	30.5%	32.8%	38.1%	26.6%	25.6%	27.7%	30.6%	27.8%	34.1%	35.4%	33.9%	26.0%	28.4%	27.8%	30.9%	30.0%	34.1%	29.1%	31.3%	20.3%	20.4%	18.4%	23.7%	27.8%	26.3%	23.3%	22.2%	20.8%	22.8%	24.2%	29.0%	21.8%	20.3%	22.9%	22.9%	16.0%	19.2%	9.4%	27.5%	22.9%	19.4%	4.5%	10.1%	1.9%	10.6%	18.7%	13.8%	15.6%	16.6%	23.1%	15.9%	22.2%	25.9%	24.8%	23.9%	24.8%	27.0%	26.5%	21.7%	23.8%	22.7%	24.9%
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2.8%	—	12.3%	4.8%	2.3%	-19.9%	-2.1%	-15.9%	-5.2%	2.7%	-0.1%	1.7%	-0.8%	7.7%	1.8%	2.1%	3.1%	6.5%	7.9%	4.7%	9.3%	8.9%	6.5%	5.5%	4.0%	5.8%
Net margin	10.2%	6.6%	9.9%	4.0%	10.3%	12.1%	16.3%	6.7%	2.1%	6.2%	10.1%	11.9%	13.3%	13.5%	10.6%	6.1%	8.9%	8.4%	11.8%	11.9%	11.1%	8.6%	8.7%	7.3%	2.3%	0.4%	6.1%	8.1%	7.0%	4.5%	0.1%	-67.3%	3.8%	7.9%	8.5%	0.6%	-19.3%	0.4%	5.6%	0.0%	2.5%	-10.9%	9.8%	3.9%	1.5%	-15.5%	-1.4%	-13.0%	-3.6%	1.9%	-0.5%	0.9%	-1.1%	5.5%	0.9%	0.4%	2.7%	5.9%	6.1%	3.4%	7.4%	8.3%	4.7%	5.0%	2.9%	5.5%

Returns & leverage

Quarterly · %

ROE 7.5% ROA 3.8% Debt ratio 47.2%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
ROE	—	—	—	—	8.2%	10.4%	14.4%	15.2%	13.6%	11.2%	7.2%	8.6%	12.8%	15.1%	14.6%	12.5%	10.2%	8.5%	9.7%	11.8%	13.3%	13.0%	10.9%	8.4%	5.4%	3.4%	2.8%	3.3%	4.5%	5.3%	4.1%	-8.3%	-9.1%	-7.8%	-6.1%	4.9%	-0.3%	-2.5%	-3.1%	-3.2%	1.9%	-0.0%	1.6%	2.6%	2.4%	1.1%	-2.2%	-7.1%	-9.0%	-5.0%	-4.7%	-0.6%	0.4%	2.4%	3.0%	2.7%	4.5%	4.7%	7.3%	8.4%	10.9%	12.0%	11.4%	12.2%	9.6%	7.5%
ROA	—	—	—	—	5.0%	6.8%	9.8%	10.7%	9.1%	7.7%	5.0%	6.2%	9.2%	11.2%	10.8%	9.2%	7.6%	6.4%	7.3%	8.8%	9.9%	10.0%	8.2%	6.4%	4.1%	2.6%	2.2%	2.5%	3.4%	4.0%	3.1%	-6.2%	-6.7%	-5.7%	-4.3%	3.4%	-0.2%	-1.7%	-2.1%	-2.1%	1.2%	-0.0%	1.0%	1.8%	1.6%	0.6%	-1.3%	-4.1%	-5.3%	-2.7%	-2.5%	-0.3%	0.2%	1.2%	1.5%	1.3%	2.1%	2.1%	3.4%	3.8%	4.9%	5.6%	5.1%	5.4%	4.3%	3.8%
Debt ratio	—	—	—	—	37.6%	35.0%	32.1%	29.5%	29.0%	26.3%	28.2%	27.7%	26.6%	25.6%	23.6%	25.0%	25.2%	24.0%	27.1%	25.4%	24.6%	22.3%	22.2%	23.8%	23.6%	26.6%	24.2%	25.2%	24.7%	22.6%	23.0%	26.5%	27.9%	30.4%	33.0%	33.1%	36.7%	32.6%	32.8%	33.2%	34.7%	35.5%	33.2%	32.9%	32.1%	44.3%	46.9%	50.3%	47.5%	47.3%	48.7%	52.9%	52.5%	52.5%	52.7%	52.6%	54.9%	55.7%	54.9%	56.7%	54.7%	51.1%	55.5%	55.2%	56.6%	47.2%

EPS

Quarterly · US$

EPS US$0.33

Show table：EPS

Item	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2	2026Q3	2026Q4	2027Q1
EPS（US$）	0.64	0.09	0.16	0.08	0.27	0.30	0.55	0.16	0.04	0.14	0.26	0.30	0.41	0.38	0.26	0.14	0.23	0.24	0.41	0.39	0.41	0.23	0.20	0.13	0.05	0.01	0.13	0.19	0.18	0.10	0.00	-1.19	0.09	0.24	0.19	0.01	-0.46	0.01	0.12	0.00	0.06	-0.18	0.27	0.11	0.04	-0.31	-0.05	-0.35	-0.13	0.06	-0.02	0.03	-0.05	0.25	0.04	0.02	0.12	0.27	0.30	0.14	0.40	0.42	0.28	0.25	0.17	0.33

Revenue & profit

Year-to-date · In mn (USD)

Revenue 71.3 mn Net income 3.91 mn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In mn (USD)

Total assets 364 mn Total liabilities 172 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In mn (USD)

Operating -12.7 mn Investing -1.04 mn Financing 34.0 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 24.9% Operating margin 5.8% Net margin 5.5%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROE 7.5% ROA 3.8% Debt ratio 47.2%

EPS

Year-to-date · US$

EPS US$0.33

Revenue & profit

Annual · In mn (USD)

Revenue 245 mn Net income 12.5 mn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	74.2	103	105	102	135	90.0	91.8	77.5	91.8	90.6	97.5	123	157	186	210	245
Gross profit	21.9	32.6	31.8	31.8	41.8	23.3	22.2	17.3	21.9	18.1	20.5	9.13	25.4	40.6	52.9	57.8
Operating income	—	—	—	—	—	—	—	—	—	—	—	-11.3	1.25	6.92	15.2	15.0
Net income	5.87	10.6	11.2	10.2	14.7	6.13	5.02	-9.84	-0.31	1.87	2.37	-8.77	0.37	4.56	12.2	12.5

Balance sheet

Annual · In mn (USD)

Total assets 324 mn Total liabilities 183 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Current assets	76.6	77.0	88.9	97.5	112	103	111	115	135	127	120	87.2	110	126	141	156
Total assets	118	115	127	142	155	143	152	143	156	148	144	184	204	234	264	324
Current liabilities	32.6	24.3	24.9	26.1	30.3	27.9	32.0	37.3	54.9	49.2	43.6	59.4	86.2	118	136	156
Total liabilities	44.4	33.4	33.7	35.7	38.1	33.8	37.5	40.0	57.3	51.4	46.4	87.2	107	128	145	183
Equity	73.7	81.6	93.0	106	117	109	114	103	99.0	96.7	97.9	96.5	96.9	106	120	140

Cash flow

Annual · In mn (USD)

Operating 15.9 mn Investing -43.1 mn Financing 12.0 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Operating	-10.4	2.61	12.4	15.2	6.28	18.8	12.4	8.51	7.92	1.24	-1.72	-2.22	13.9	28.1	24.3	15.9
Investing	26.7	4.17	-12.6	-6.72	-9.30	-9.15	6.68	-4.07	-28.9	20.9	32.4	-57.1	-3.75	-16.0	-19.1	-43.1
Financing	-1.38	-1.21	-0.86	-0.54	-1.86	-12.7	-3.46	-3.74	-3.77	-4.51	-4.45	14.4	-6.44	-13.4	-0.52	12.0
Cash at period end	19.6	25.2	24.2	32.1	27.3	24.1	39.5	40.5	15.0	33.0	59.5	14.7	18.3	16.9	21.6	6.58

Profitability

Annual · %

Gross margin 23.5% Operating margin 6.1% Net margin 5.1%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Gross margin	29.4%	31.6%	30.3%	31.1%	30.9%	25.8%	24.1%	22.4%	23.9%	20.0%	21.0%	7.4%	16.2%	21.9%	25.2%	23.5%
Operating margin	—	—	—	—	—	—	—	—	—	—	—	-9.2%	0.8%	3.7%	7.2%	6.1%
Net margin	7.9%	10.2%	10.6%	9.9%	10.9%	6.8%	5.5%	-12.7%	-0.3%	2.1%	2.4%	-7.1%	0.2%	2.5%	5.8%	5.1%

Returns & leverage

Annual · %

ROE 9.6% ROA 4.3% Debt ratio 56.6%

Show table：Returns & leverage

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
ROE	8.0%	13.6%	12.8%	10.2%	13.3%	5.4%	4.5%	-9.1%	-0.3%	1.9%	2.4%	-9.0%	0.4%	4.5%	10.9%	9.6%
ROA	5.0%	9.1%	9.2%	7.6%	9.9%	4.1%	3.4%	-6.7%	-0.2%	1.2%	1.6%	-5.3%	0.2%	2.1%	4.9%	4.3%
Debt ratio	37.6%	29.0%	26.6%	25.2%	24.6%	23.6%	24.7%	27.9%	36.7%	34.7%	32.1%	47.5%	52.5%	54.9%	54.7%	56.6%

EPS

Annual · US$

EPS US$1.12

Show table：EPS

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
EPS（US$）	0.60	1.05	1.11	1.01	1.45	0.61	0.51	-1.00	-0.02	0.19	0.24	-0.84	0.02	0.43	1.11	1.12

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

	10-K
2026	Open full text →
2025	Open full text →
2024	Open full text →
2023	Open full text →

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read GRAHAM CORP (GHM) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 4 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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