CECO Environmental Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	803.6	774.38	557.93	544.85	422.63	324.14
Revenue Growth (YoY)	32.11%	38.80%	2.40%	28.92%	30.38%	2.57%
Cost of Revenue	532.62	505.16	361.79	373.83	294.4	223.22
Gross Profit	270.98	269.23	196.15	171.02	128.23	100.92
Selling, General & Admin	193.28	200.73	146.7	122.94	93.47	81.8
Depreciation & Amortization Expenses	17.07	16.17	8.72	7.45	6.81	7.79
Other Operating Expenses	14.77	-53.53	5.32	6.06	5.78	1.48
Total Operating Expenses	225.12	163.37	160.74	136.45	106.06	91.07
Operating Income	45.86	105.86	35.4	34.57	22.16	9.86
Interest Expense	18.93	20.91	13.02	13.42	-5.42	-2.95
Other Non-Operating Income (Expense)	2.9	2.1	4.69	-0.37	6.95	-2.23
Total Non-Operating Income (Expense)	21.83	23.01	17.71	13.04	1.53	-5.18
Pretax Income	24.04	82.85	17.69	21.53	23.69	4.67
Provision for Income Taxes	7.62	29.74	3.27	7.02	5.43	2.69
Net Income	13.67	50.05	12.96	12.91	17.42	1.43
Minority Interest in Earnings	-2.75	-3.06	-1.46	-1.59	0.85	0.56
Net Income to Common	13.67	50.05	12.96	12.91	17.42	1.43
Net Income Growth	-71.18%	286.28%	0.36%	-25.87%	1121.39%	-82.63%
Shares Outstanding (Basic)	35	35	35	35	35	35
Shares Outstanding (Diluted)	36	37	36	35	35	36
Shares Change (YoY)	-0.43%	0.61%	2.96%	0.94%	-1.66%	0.21%
EPS (Basic)	0.39	1.42	0.37	0.37	0.50	0.04
EPS (Diluted)	0.37	1.37	0.36	0.37	0.50	0.04
EPS Growth	-71.32%	280.56%	-2.70%	-26.00%	1150.00%	-82.61%
Shares Outstanding	35.84	35.64	34.98	34.84	34.38	35.03
Free Cash Flow	-6.09	-5.48	7.46	36.26	26.27	10.68
Free Cash Flow Growth	-	-	-79.43%	38.02%	145.96%	2144.12%
Free Cash Flow Per Share	-0.17	-0.15	0.21	1.03	0.75	0.30
Gross Margin	33.72%	34.77%	35.16%	31.39%	30.34%	31.14%
Operating Margin	5.71%	13.67%	6.35%	6.34%	5.24%	3.04%
Profit Margin	2.04%	6.86%	2.58%	2.66%	4.32%	0.61%
FCF Margin	-0.76%	-0.71%	1.34%	6.66%	6.22%	3.30%
EBITDA	71.74	130.74	49.9	47.08	32.78	19.71
EBITDA Margin	8.93%	16.88%	8.94%	8.64%	7.76%	6.08%
EBIT	45.86	105.86	35.4	34.57	22.16	9.86
EBIT Margin	5.71%	13.67%	6.35%	6.34%	5.24%	3.04%
Effective Tax Rate	31.71%	35.90%	18.48%	32.63%	22.91%	57.57%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q