CECO Environmental Corp. Reports Third Quarter 2025 Results

CECO Environmental Corp. announced its financial results for the third quarter ended September 30, 2025. The company reported significant growth in orders, backlog, and revenue. Orders increased by 44% to $232.9 million, backlog grew by 64% to $719.6 million, and revenue rose by 46% to $197.6 million. Gross profit margin was 32.7%, with gross profit increasing by 43% to $64.6 million. Net income was $1.5 million, while non-GAAP net income was $9.3 million. Adjusted EBITDA increased by 62% to $23.2 million, and free cash flow grew by 71% to $19.0 million. The company reaffirmed its 2025 full-year outlook and introduced its 2026 full-year outlook, projecting continued strong growth.