Reported Earlier: CECO Environmental Sees FY2026 Revenue Of $1.275B-$1.375B, Adjusted EBITDA Of $195M-$225M And FCF Of At Least 55% Of EBITDA Following Thermon Acquisition

Full Year 2026 Combined Company Outlook

The Company updated its full year 2026 guidance to reflect an initial outlook for the combined company. The transaction closed on June 1, 2026, and guidance reflects seven months (June through December) of contribution from Thermon.

The Company expects full year revenue to be between $1.275 billion and $1.375 billion, up approximately 20 percent at the midpoint of the range, year over year. The Company expects Adjusted EBITDA to be between $195 and $225 million, up approximately 25 percent at the midpoint of the range, year over year. Outlook for full year Free Cash Flow is to generate at least 55 percent of Adjusted EBITDA.