CECO Environmental reported record second-quarter 2026 results, including $799 million in orders and revenue of $285 million, and raised its full-year outlook. Adjusted EBITDA rose 73% to approximately $40 million, with margins expanding about 150 basis points to 14.1%, the company's first quarter with mid-teens EBITDA margins. The company's backlog exceeded $1.8 billion, up 164% year-over-year, and its sales pipeline now exceeds $8.5 billion. CECO also said it has captured approximately $13 million of annualized net adjusted EBITDA savings in the first 60 days following its June 1 acquisition of Thermon, representing about one-third of its $40 million synergy target. The company now expects full-year revenue between $1.3 billion and $1.375 billion and adjusted EBITDA between $200 million and $225 million.
CECO Environmental Corp.Record Q2 results, raised full-year outlook, and strong EBITDA growth.
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