Aaron Spychalla

Bobby Brooks

Gerry Sweeney

James Ricchiuti

Rob Brown

Robert Brooks

Chris

Gerard Sweeney

Jim Ricchiuti

Sameer Joshi

Chris Grenga

- CECO Environmental reported record Q3 2025 financial results, with **revenue of $198 million**, a **46%** increase year over year, and **adjusted EBITDA of $23.2 million**, up **62%** year over year.  **[0000003197_2208057_1]** **[0000003197_2208057_2]** **[0000003197_2208057_4]** 
- The company achieved a new **record backlog of $720 million**, representing a **64%** increase year over year, supported by **$233 million** in new bookings during Q3 2025.  **[0000003197_2208057_1]** **[0000003197_2208057_4]** 
- CECO reaffirmed its full-year 2025 outlook, expecting **revenue between $725 million and $775 million** and **adjusted EBITDA between $90 million and $100 million**.  **[0000003197_2208057_2]** 
- The initial full-year 2026 outlook projects orders exceeding **$1 billion**, revenue between **$850 million and $950 million**, and adjusted EBITDA between **$110 million and $130 million**.  **[0000003197_2208057_7]** 
- The company's sales pipeline exceeds **$5.8 billion**, contributing to confidence in sustainable growth.  **[0000003197_2208057_1]** **[0000003197_2208057_8]**

CECO Environmental Reports Record Q3 2025 Results and Provides Strong 2026 Outlook

- CECO Environmental reported a strong Q3 2025 with **record revenue of $198 million**, up **46%** year-over-year, and **adjusted EBITDA of $23.2 million**, an increase of **62%**.  **[0000003197_2210045_1]** **[0000003197_2210045_2]** **[0000003197_2210045_4]**  Adjusted EPS rose **86%** to **$0.26**.  **[0000003197_2210045_2]** **[0000003197_2210045_4]** 
- The company achieved a **record backlog of $720 million**, up **64%** year-over-year, driven by **$233 million** in new bookings, representing a **1.2x** book-to-bill ratio.  **[0000003197_2210045_1]** **[0000003197_2210045_4]** 
- CECO reaffirmed its full-year 2025 outlook, projecting revenue between **$725 million and $775 million** and adjusted EBITDA between **$90 million and $100 million**.  **[0000003197_2210045_2]** 
- For 2026, CECO provided an initial outlook targeting orders exceeding **$1 billion**, revenue between **$850 million and $950 million**, and adjusted EBITDA between **$110 million and $130 million**.  **[0000003197_2210045_7]** 
- The company continues to see strong demand in power generation, energy transition, and industrial water sectors, supported by a sales pipeline exceeding **$5.8 billion**.  **[0000003197_2210045_1]** **[0000003197_2210045_2]**

- CECO Environmental reported a strong **Q3 2025** with **record revenue of $198 million**, an increase of **46%** year-over-year, and **adjusted EBITDA of $23.2 million**, up **62%** year-over-year.  **[0000003197_2209984_1]** **[0000003197_2209984_2]** **[0000003197_2209984_4]**  The company also achieved a **record backlog of $720 million**, up **64%** year-over-year, driven by **$233 million** in new bookings.  **[0000003197_2209984_1]** **[0000003197_2209984_4]** 
- The company reaffirmed its full-year **2025** outlook, projecting revenue between **$725 million and $775 million** and adjusted EBITDA between **$90 million and $100 million**.  **[0000003197_2209984_2]** 
- For **2026**, CECO Environmental provided an initial outlook targeting orders to exceed **$1 billion**, with revenue projected between **$850 million and $950 million** and adjusted EBITDA between **$110 million and $130 million**.  **[0000003197_2209984_7]** 
- CECO Environmental's sales pipeline is now over **$5.8 billion**, providing significant visibility for sustainable growth, particularly in power generation, energy transition, industrial water, and industrial reshoring sectors.  **[0000003197_2209984_1]** **[0000003197_2209984_2]** **[0000003197_2209984_7]** **[0000003197_2209984_8]**

- CECO reported strong **Q3 2025 results**, with **revenue up 46% year-over-year to $198 million**, **orders up 44% to $233 million**, and **Adjusted EBITDA increasing 62% to $23.2 million**.  **[0000003197_2207506:6]** **[0000003197_2207506:8]** 
- The company's **backlog reached a record $720 million**, marking a **64% year-over-year increase**, and the sales/order pipeline grew to approximately **$5.8 billion**.  **[0000003197_2207506:6]** **[0000003197_2207506:8]** **[0000003197_2207506:12]** 
- CECO **reaffirmed its Full Year 2025 outlook**, projecting **revenue between $725-775 million** (up ~35% YoY) and **Adjusted EBITDA between $90-100 million** (up ~50% YoY).  **[0000003197_2207506:7]** **[0000003197_2207506:12]** 
- The company also **introduced its Full Year 2026 outlook**, forecasting **revenue of $850-950 million** (up 15% to 25% YoY) and **Adjusted EBITDA of $110-130 million** (up 20% to 40% YoY).  **[0000003197_2207506:6]** **[0000003197_2207506:11]**

CECO Reports Strong Q3 2025 Results and Introduces 2026 Outlook

- CECO Environmental Corp. reported **Q3 2025 revenue of $197.6 million**, a **46% increase** year-over-year, and **orders of $232.9 million**, up **44%**.  **[3197_0001193125-25-252209_ceco-ex99_1.htm:0]** 
- The company achieved a **record backlog of $719.6 million**, marking a **64% increase** compared to the prior year period.  **[3197_0001193125-25-252209_ceco-ex99_1.htm:0]** 
- **Non-GAAP diluted EPS** for Q3 2025 was **$0.26**, with **Adjusted EBITDA** growing **62%** to **$23.2 million**.  **[3197_0001193125-25-252209_ceco-ex99_1.htm:0]** 
- CECO **reaffirmed its 2025 full-year guidance**, projecting revenue of **$725 million to $775 million** and adjusted EBITDA of **$90 million to $100 million**.  **[3197_0001193125-25-252209_ceco-ex99_1.htm:1]** 
- The company also introduced its **2026 full-year outlook**, forecasting revenue between **$850 million and $950 million** and adjusted EBITDA between **$110 million and $130 million**.  **[3197_0001193125-25-252209_ceco-ex99_1.htm:1]**

CECO Environmental Reports Strong Q3 2025 Results and Introduces 2026 Outlook

- **CECO Environmental** reported strong financial results for **Q3 2025**, with **orders up 44%** to **$232.9 million**, **revenue up 46%** to **$197.6 million**, and **backlog up 64%** to **$719.6 million** compared to the prior year period.  **[3197_98b50d10b5ad42f080f690bfcff8d4e7_0]** 
- For Q3 2025, **GAAP diluted EPS was $0.04** and **non-GAAP diluted EPS was $0.26**, while **Adjusted EBITDA increased 62%** to **$23.2 million** and **free cash flow rose 71%** to **$19.0 million**.  **[3197_98b50d10b5ad42f080f690bfcff8d4e7_0]** 
- The company **reaffirmed its 2025 full-year revenue outlook** of **$725 million to $775 million** and **adjusted EBITDA outlook** of **$90 million to $100 million**.  **[3197_98b50d10b5ad42f080f690bfcff8d4e7_1]** 
- CECO Environmental also **introduced its 2026 full-year outlook**, projecting **revenue between $850 million and $950 million** and **adjusted EBITDA between $110 million and $130 million**.  **[3197_98b50d10b5ad42f080f690bfcff8d4e7_2]**

CECO ENVIRONMENTAL (CECO)