v3.26.1
Condensed Consolidated Statements Of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 284,961 $ 185,391 $ 490,880 $ 362,088
Cost of sales 198,493 118,283 340,492 232,818
Gross profit 86,468 67,108 150,388 129,270
Selling and administrative expense 63,891 48,816 109,982 102,359
Amortization expense 7,789 2,937 11,792 6,033
Acquisition and integration expense 45,461 32 55,742 8,175
Gain on sale of Global Pump Solutions business 0 0 0 (64,502)
Other operating expense (income) 2,505 (2,738) 4,174 (2,725)
Loss (income) from operations (33,178) 18,061 (31,302) 79,930
Other loss (income) 2,298 (1,454) 3,691 (861)
Interest expense 9,102 4,898 13,332 11,115
(Loss) income before income taxes (44,578) 14,617 (48,325) 69,676
Income tax (benefit) expense (10,089) 4,511 (13,589) 23,127
Net income (loss) (34,489) 10,106 (34,736) 46,549
Non-controlling interest 279 596 430 1,055
Net income attributable to CECO Environmental Corp. $ (34,768) $ 9,510 $ (35,166) $ 45,494
(Loss) earnings per share:        
Basic $ (0.8) $ 0.27 $ (0.89) $ 1.29
Diluted $ (0.8) $ 0.26 $ (0.89) $ 1.24
Weighted average number of common shares outstanding:        
Basic 43,310,506 35,286,065 39,521,709 35,157,514
Diluted 43,310,506 36,558,493 39,521,709 36,624,237