Gencor Industries (GENC) financial statements
Gencor Industries reported revenue of $115M in fiscal 2025, up 5.7% a year over 9 years.
Net income was $16M and the operating margin 12.1%, against 11.2% in 2016.
Free cash flow was $1M.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Gencor Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70M | $81M | $99M | $81M | $77M | $85M | $103M | $105M | $113M | $115M |
| Cost of revenue | $52M | $59M | $72M | $59M | $58M | $67M | $83M | $76M | $82M | $84M |
| Gross profit | $18M | $21M | $27M | $22M | $19M | $18M | $21M | $29M | $31M | $32M |
| Research and development | $2M | $2M | $3M | $3M | $3M | $4M | $4M | $3M | $3M | $3M |
| Selling, general and admin | $8M | $9M | $10M | $10M | $10M | $13M | $12M | $12M | $14M | $15M |
| Operating income | $8M | $10M | $14M | $9M | $6M | $701,000 | $4M | $13M | $14M | $14M |
| Pre-tax income | $9M | $12M | $15M | $13M | $7M | $7M | -$2M | $19M | $21M | $20M |
| Income tax | $2M | $4M | $2M | $3M | $1M | $829,000 | -$1M | $4M | $6M | $5M |
| Net income | $7M | $8M | $13M | $10M | $6M | $6M | -$372,000 | $15M | $15M | $16M |
| EPS (diluted) | $0.48 | $0.57 | $0.86 | $0.69 | $0.38 | $0.39 | -$0.03 | $1.00 | $0.99 | $1.07 |
| Diluted shares | 15M | 15M | 15M | 15M | 15M | 15M | 15M | 15M | — | — |
| Gross margin | 25.0% | 26.2% | 27.2% | 27.6% | 24.5% | 21.3% | 19.9% | 27.6% | 27.7% | 27.5% |
| Operating margin | 11.2% | 12.7% | 14.1% | 11.6% | 7.2% | 0.8% | 4.0% | 12.8% | 12.1% | 12.1% |
| Net margin | 10.1% | 10.4% | 12.9% | 12.5% | 7.1% | 6.8% | -0.4% | 14.0% | 12.9% | 13.6% |
Balance sheet
Fiscal years, from Gencor Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $104M | $111M | $112M | $116M | $125M | $118M | $99M | $101M | $115M | $136M |
| Receivables | $1M | $1M | $993,000 | $2M | $2M | $3M | $3M | $2M | $2M | $3M |
| Inventory | $12M | $17M | $22M | $25M | $27M | $42M | $56M | $72M | $64M | $54M |
| Total current assets | $123M | $137M | $148M | $157M | $162M | $167M | $162M | $179M | $193M | $207M |
| Property, plant and equipment | $5M | $6M | $8M | $8M | $8M | $12M | $13M | $13M | $11M | $11M |
| Total assets | $129M | $143M | $156M | $165M | $171M | $179M | $179M | $196M | $208M | $223M |
| Total current liabilities | $8M | $12M | $8M | $6M | $9M | $11M | $12M | $14M | $11M | $9M |
| Total liabilities | $9M | $14M | $11M | $10M | $10M | $12M | $12M | $14M | $12M | $11M |
| Shareholders' equity | $120M | $129M | $145M | $156M | $161M | $167M | $167M | $182M | $196M | $212M |
| Net debt | -$18M | -$23M | -$8M | -$10M | -$36M | -$23M | -$10M | -$17M | -$25M | -$27M |
Cash flow
Fiscal years, from Gencor Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7M | $6M | -$12M | $4M | $27M | $4M | -$9M | $10M | $9M | $3M |
| Capital spending | $306,000 | $2M | $4M | $2M | $2M | $3M | $5M | $3M | $840,000 | $2M |
| Free cash flow | $7M | $4M | -$16M | $2M | $25M | $1M | -$14M | $7M | $8M | $1M |
| Stock-based compensation | $37,000 | $71,000 | $71,000 | $71,000 | $71,000 | — | — | — | — | — |
| Free cash flow margin | 9.6% | 5.6% | -15.8% | 2.5% | 32.5% | 1.4% | -13.2% | 7.1% | 7.5% | 1.0% |
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Open GENC in InvestinglyQuestions
What was Gencor Industries's revenue in 2025?
$115M in fiscal 2025, from its 10-K filing.
How much free cash flow does Gencor Industries generate?
$1M in fiscal 2025 (operating cash flow minus capital spending).
From Gencor Industries's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.