CECO Environmental Corp (CECO) stock
Close on Nov 12, 2026Market cap $3.28BP/E –Yield –
Earnings
CECO Environmental's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of CECO Environmental's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Feb 23, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Nov 9, 2026before the open | $404.40M | +104.7% | -$0.03 | $0.60 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 10, 2026before the open | $285.00M | +53.7% | -$0.80 | $0.47 | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 28, 2026before the open | $205.90M | +16.5% | -$0.01 | $0.36 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 24, 2026before the open | $214.70M | +35.4% | $0.08 | – | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 28, 2025before the open | $197.60M | +45.8% | $0.04 | $0.26 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 29, 2025before the open | $185.40M | +34.8% | $0.26 | $0.24 | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 29, 2025before the open | $176.70M | +39.9% | $0.98 | $0.10 | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 25, 2025before the open | $158.60M | +3.2% | $0.13 | $0.27 | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 29, 2024before the open | $135.50M | -9.3% | $0.06 | $0.14 | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 30, 2024before the open | $137.50M | +6.4% | $0.12 | $0.20 | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 30, 2024before the open | $126.30M | – | $0.04 | $0.11 | Release |
| Q4 FY2023ended Dec 31, 2023 | Mar 5, 2024before the open | $153.70M | +32.0% | $0.11 | $0.28 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 7, 2023before the open | $149.40M | +37.8% | $0.09 | $0.22 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 8, 2023before the open | $129.20M | +22.6% | $0.11 | $0.15 | Release |
| Q4 FY2022ended Dec 31, 2022 | Mar 6, 2023before the open | $116.40M | +24.4% | $0.24 | $0.21 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 7, 2022before the open | $108.40M | +35.5% | $0.06 | $0.20 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 8, 2022before the open | $105.40M | – | $0.13 | $0.18 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 10, 2022before the open | $92.40M | – | $0.08 | $0.14 | Release |
| Q4 FY2021ended Dec 31, 2021 | Mar 14, 2022before the open | $93.60M | – | $0.03 | $0.10 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 8, 2021before the open | $80.00M | – | -$0.04 | $0.01 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 3, 2021before the open | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 6, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Mar 3, 2021before the open | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Nov 4, 2020before the open | – | – | – | – | Filing |
| Q2 FY2020ended Jun 30, 2020 | Aug 5, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
CECO Environmental's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Revenue | FY2026 | $1.30B – $1.38B | – | New | Nov 9, 2026 |
| Revenue | FY2026 | $1.30B – $1.38B | $925.00M – $975.00M | Raised | Aug 10, 2026 |
| Adjusted EBITDAnon-GAAP | FY2026 | $200.00M – $225.00M | – | New | Nov 9, 2026 |
| Adjusted EBITDAnon-GAAP | FY2026 | $200.00M – $225.00M | $120.00M – $140.00M | Raised | Aug 10, 2026 |
| free cash flow conversionnon-GAAP | FY2026 | 100% | – | New | Nov 9, 2026 |
| Free cash flow conversionnon-GAAP | FY2026 | 55% | 50% – 60% | Narrowed | Aug 10, 2026 |
| Orders | FY2026 | $2.50B | – | New | Nov 9, 2026 |
| revenue | FY2027 | $2.10B – $2.30B | – | New | Nov 9, 2026 |
| Adjusted EBITDAnon-GAAP | FY2027 | $475.00M – $525.00M | – | New | Nov 9, 2026 |
| free cash flownon-GAAP | FY2027 | 50% – 60% | – | New | Nov 9, 2026 |
Guidance vs results
The last range CECO Environmental gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2025 | Revenue | $725.00M – $775.00M | $774.40MΣ4Q | Within range |
Guidance history
Every forecast CECO Environmental put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Nov 9, 2026 | Adjusted EBITDA | FY2027 | $475.00M – $525.00M | New |
| Nov 9, 2026 | Adjusted EBITDA | FY2026 | $200.00M – $225.00M | New |
| Nov 9, 2026 | free cash flow conversion | FY2026 | 100% | New |
| Nov 9, 2026 | free cash flow | FY2027 | 50% – 60% | New |
| Nov 9, 2026 | Orders | FY2026 | $2.50B | New |
| Nov 9, 2026 | Revenue | FY2026 | $1.30B – $1.38B | New |
| Nov 9, 2026 | revenue | FY2027 | $2.10B – $2.30B | New |
| Aug 10, 2026 | Adjusted EBITDA | FY2026 | $200.00M – $225.00M | Raised |
| Aug 10, 2026 | Free cash flow conversion | FY2026 | 55% | Narrowed |
| Aug 10, 2026 | Revenue | FY2026 | $1.30B – $1.38B | Raised |
| Apr 28, 2026 | Adjusted EBITDA | FY2026 | $120.00M – $140.00M | Raised |
| Feb 24, 2026 | Adjusted EBITDA | FY2026 | $115.00M – $135.00M | Raised |
| Feb 24, 2026 | revenue | FY2026 | $925.00M – $975.00M | Raised |
| Oct 28, 2025 | adjusted EBITDA | FY2025 | $90.00M – $100.00M | New |
| Oct 28, 2025 | adjusted EBITDA | FY2026 | $110.00M – $130.00M | New |
| Oct 28, 2025 | free cash flow outlook of greater than | FY2025 | 60% | New |
| Oct 28, 2025 | full year free cash flow | FY2026 | 50% – 60% | New |
| Oct 28, 2025 | revenue | FY2026 | $850.00M – $950.00M | New |
| Oct 28, 2025 | revenue outlook | FY2025 | $725.00M – $775.00M | New |
| Jul 29, 2025 | adjusted EBITDA | FY2025 | $90.00M – $100.00M | Reaffirmed |
| Jul 29, 2025 | revenue outlook | FY2025 | $725.00M – $775.00M | Raised |
| Apr 29, 2025 | Adjusted EBITDA | FY2025 | $90.00M – $100.00M | Reaffirmed |
| Apr 29, 2025 | adjusted free cash flow to be between 60 and 75 percent of Adjusted EBITDA | FY2025 | 60% – 75% | Reaffirmed |
| Apr 29, 2025 | Revenue | FY2025 | $700.00M – $750.00M | Reaffirmed |
| Feb 25, 2025 | Adjusted EBITDA | FY2025 | $90.00M – $100.00M | Reaffirmed |
| Feb 25, 2025 | free cash flow | FY2025 | 60% – 75% | Raised |
| Feb 25, 2025 | Revenue | FY2025 | $700.00M – $750.00M | Reaffirmed |
| Jan 17, 2025 | Adjusted EBITDA | FY2025 | $90.00M – $100.00M | Reaffirmed |
| Jan 17, 2025 | free cash flow | FY2025 | 50% – 70% | New |
| Jan 17, 2025 | Revenue | FY2025 | $700.00M – $750.00M | Reaffirmed |
| Oct 29, 2024 | adjusted EBITDA | FY2024 | $65.00M – $70.00M | Lowered |
| Oct 29, 2024 | adjusted EBITDA | FY2025 | $90.00M – $100.00M | New |
| Oct 29, 2024 | free cash flow of 50% to 70% of adjusted EBITDA | FY2024 | 50% – 70% | Reaffirmed |
| Oct 29, 2024 | free cash flow | FY2025 | 50% – 70% | New |
| Oct 29, 2024 | book to bill rate | FY2024 | 1.2 | New |
| Oct 29, 2024 | revenue | FY2024 | $575.00M – $600.00M | Lowered |
| Oct 29, 2024 | revenue | FY2025 | $700.00M – $750.00M | New |
| Jul 30, 2024 | adjusted EBITDA | FY2024 | $68.00M – $72.00M | Raised |
| Jul 30, 2024 | free cash flow | FY2024 | 50% – 70% | Reaffirmed |
| Jul 30, 2024 | revenue | FY2024 | $600.00M – $620.00M | Raised |
| Apr 30, 2024 | Adjusted EBITDA | FY2024 | $67.00M – $70.00M | Reaffirmed |
| Apr 30, 2024 | free cash flow | FY2024 | 50% – 70% | Reaffirmed |
| Apr 30, 2024 | revenue | FY2024 | $590.00M – $610.00M | Raised |
| Mar 5, 2024 | Adjusted EBITDA | FY2024 | $67.00M – $70.00M | Raised |
| Mar 5, 2024 | free cash flow | FY2024 | 50% – 70% | Reaffirmed |
| Mar 5, 2024 | revenue | FY2024 | $590.00M – $610.00M | New |
| Nov 7, 2023 | adjusted EBITDA | FY2023 | $55.00M – $57.00M | Raised |
| Nov 7, 2023 | adjusted EBITDA | FY2024 | $65.00M – $70.00M | New |
| Nov 7, 2023 | Free cash flow | FY2024 | 50% – 70% | New |
| Nov 7, 2023 | revenue | FY2023 | $525.00M – $550.00M | Raised |
| Nov 7, 2023 | revenue | FY2024 | $575.00M – $600.00M | New |
| Aug 8, 2023 | adjusted EBITDA | FY2023 | $50.00M – $55.00M | Raised |
| Aug 8, 2023 | revenues | FY2023 | $500.00M – $525.00M | Raised |
| Mar 6, 2023 | adjusted EBITDA | FY2023 | $45.00M – $50.00M | Raised |
| Mar 6, 2023 | revenue | FY2023 | $460.00M – $485.00M | New |
| Nov 7, 2022 | adjusted EBITDA | FY2022 | $39.00M | Narrowed |
| Nov 7, 2022 | adjusted EBITDA | FY2023 | $45.00M – $48.00M | New |
| Nov 7, 2022 | revenue | FY2022 | $410.00M | Raised |
| Nov 7, 2022 | revenue | FY2023 | $450.00M – $475.00M | New |
| Aug 8, 2022 | adjusted EBITDA | FY2022 | $37.00M – $40.00M | Raised |
| Aug 8, 2022 | revenue | FY2022 | $375.00M – $400.00M | New |
| May 10, 2022 | adjusted EBITDA | FY2022 | $33.00M – $38.00M | New |
| May 10, 2022 | revenue | FY2022 | $360.00M – $380.00M | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases CECO Environmental filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Update
- Update
- Update
- Results
- Update
- Update
- Results
- Results
- Results
- Results
- News
- Results
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