Graham Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Segment Information (Tables)

12 Months Ended

Mar. 31, 2026

The following table provides our results as a reconciliation from consolidated Net income to our consolidated Adjusted EBITDA:


	Years Ended March 31,
	2026			2025			2024
Net income	$	12,500		$	12,230		$	4,556
Acquisition & integration expense (income), net		1,305			(1,170	)		432
Equity-based compensation		2,131			1,957			1,279
ERP implementation costs		213			882			241
Debt amendment costs		—			—			781
Employee Retention Tax Credit, net		—			—			(702	)
Net interest (income) expense		(257	)		(583	)		248
Income tax expense		2,260			3,177			1,018
Depreciation & amortization		7,843			5,936			5,432
Adjusted EBITDA	$	25,995		$	22,429		$	13,285