• CECO Environmental Corp. (NASDAQ:CECO) reported an EPS of $0.26, slightly below expectations but showing improvement year-over-year.
• The company's revenue for Q3 2025 was $197.6 million, surpassing estimates and indicating strong market position.
• CECO's financial health is robust, with a significant increase in orders and backlog, and solid liquidity ratios.

In its recent Q3 2025 earnings call, CECO reported an EPS of $0.26, slightly below the Zacks Consensus Estimate of $0.27, resulting in a negative surprise of 3.70%. However, this is a notable improvement from the $0.14 EPS reported in the same quarter last year. Despite the earnings miss, CECO has shown a positive trend, having exceeded EPS expectations in two of the last four quarters.

CECO's revenue for the quarter ending September 2025 was $197.6 million, surpassing the Zacks Consensus Estimate by 4.26%. This marks a significant increase from the $135.51 million reported in the same period last year. CECO has consistently outperformed consensus revenue estimates in the last four quarters, highlighting its strong market position.

The company reported orders totaling $232.9 million, a 44% increase, and a backlog of $719.6 million, up by 64%. CECO's gross profit margin stood at 32.7%, with a gross profit of $64.6 million, up 43%. These figures underscore CECO's robust financial health and growth potential, reinforcing its positive outlook for 2026.

CECO's financial metrics reflect its solid performance. The company has a price-to-earnings (P/E) ratio of 33.06 and a price-to-sales ratio of 2.39. Its debt-to-equity ratio is low at 0.08, indicating conservative debt usage. With a current ratio of 1.33, CECO demonstrates strong liquidity, ensuring it can meet short-term obligations effectively.