Gencor Industries, Inc. reported its financial results for the fourth quarter and fiscal year 2025.
In the fourth quarter of 2025, net revenue decreased by 10.0% compared to the same period in 2024, resulting in lower gross profit margins.
For the full fiscal year 2025, the company experienced an increase in net revenue by 2.0% compared to 2024, maintaining a relatively stable gross profit margin.
Net Revenue Decrease in Q4
Fourth-quarter net revenue decreased by 10.0%, impacting gross profit margins.
Operating Income Fluctuations
Operating income decreased in Q4 2025 due to lower gross profit margins and higher SG&A expenses.
Yearly Net Income Growth
Net income for fiscal year 2025 increased compared to 2024, reaching $15,661,000.
- Lower gross profit margin in Q4 2025 due to reduced manufacturing overhead absorption.
- Increased SG&A expenses in fiscal 2025 due to higher professional fees and commissions on higher net revenue.
Despite challenges in the fourth quarter of 2025, Gencor Industries, Inc. managed to increase net income for the fiscal year and strengthen its cash reserves.