Welcome to our dedicated page for Ceco Environmental SEC filings (Ticker: CECO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CECO Environmental Corp (NASDAQ: CECO) files a range of reports with the U.S. Securities and Exchange Commission that provide detailed information on its operations, financial condition and governance. This page aggregates those SEC filings, including current reports on Form 8-K that CECO uses to announce material events such as quarterly financial results, executive compensation arrangements and leadership changes.
Recent Form 8-K filings referenced here include announcements of results of operations and financial condition for quarters ended March 31, June 30 and September 30, as well as disclosures under Item 5.02 regarding executive departures and equity award agreements. These filings supplement CECO’s press releases by providing formal regulatory disclosure of earnings, orders, backlog and other financial metrics, along with summaries of key agreements.
In addition to 8-Ks, investors typically review CECO’s annual reports on Form 10-K and quarterly reports on Form 10-Q, which contain audited or reviewed financial statements, segment information for Engineered Systems and Industrial Process Solutions, risk factors, and management’s discussion and analysis. Proxy materials on Schedule 14A and related documents describe board structure and executive compensation, while Forms 3, 4 and 5 report insider transactions by officers and directors.
On Stock Titan, CECO’s SEC filings are updated as they are made available through the EDGAR system. AI-powered tools summarize lengthy documents such as 10-Ks and 10-Qs, highlight key items like changes in backlog, segment performance and capital structure, and help users quickly locate information on topics such as executive arrangements disclosed in Form 8-K. This allows investors, researchers and other interested readers to review CECO Environmental’s regulatory history and understand how the company reports its industrial air, industrial water and energy transition activities over time.
CECO Environmental reported first-quarter 2026 net sales of $205.9 million, up from $176.7 million a year earlier, driven by execution of large exhaust and emissions projects in Engineered Systems. Despite higher revenue, GAAP results swung to a small net loss of $0.4 million, versus $36.0 million profit last year, mainly because the prior period included a $64.5 million gain from selling the Global Pump Solutions business.
On an adjusted basis, non-GAAP operating income more than doubled to $17.9 million, and non-GAAP operating margin improved to 8.7% from 4.9%, helped by lower selling and administrative costs. Orders surged to $449.5 million, up 98%, pushing total backlog to $1.04 billion, largely tied to natural-gas power generation projects.
CECO ended the quarter with $45.4 million in cash and $253.2 million of total debt, mostly under its expanded $740 million revolving credit facility. The company also signed a Merger Agreement to acquire Thermon Group Holdings in a cash-and-stock deal, and has already incurred $8.7 million of related advisory and integration costs.
CECO Environmental reported strong first-quarter 2026 momentum, led by orders of $449.5 million, up 97 percent year over year, and a record backlog of $1,035.1 million, up 72 percent. Revenue rose 17 percent to $205.9 million.
GAAP results showed a small net loss of $0.4 million (loss per diluted share of $0.01), mainly against a prior-year period that included a large gain on the sale of the Global Pump Solutions business. Non-GAAP net income increased to $13.9 million, up 297 percent, and adjusted EBITDA reached $20.4 million, up 46 percent with a 9.9 percent margin.
Free cash flow was negative $15.7 million, similar to the prior year. On the strength of record backlog and bookings, CECO raised its 2026 outlook to revenue of $940 million to $1.0 billion and adjusted EBITDA of $120 million to $140 million, and reiterated its target of full-year free cash flow of at least 50% of adjusted EBITDA. The company also confirmed progress toward its proposed merger with Thermon, targeting shareholder votes on May 27, 2026 and an expected June closing.
CECO Environmental Corp. is registering approximately 22.9 million shares of CECO common stock and has a cash cap of approximately $334 million as part of a proposed acquisition of Thermon Group Holdings, Inc. under an Agreement and Plan of Merger dated February 23, 2026.
Under the two-step transaction, Thermon will first merge into a CECO subsidiary and then into a second CECO subsidiary. Thermon stockholders may elect mixed consideration (0.6840 CECO share + $10.00 cash), all-cash ($63.89 per share) or all-stock (0.8110 CECO share), with cash and stock elections subject to mandatory proration. Closing requires CECO and Thermon stockholder approvals and customary closing conditions.
CECO Environmental Corp. is registering shares and seeking stockholder approval to acquire Thermon Group Holdings, Inc. through a two-step merger in which Thermon stockholders may elect mixed, cash, or stock consideration, subject to proration.
The merger consideration includes a mixed election of 0.6840 CECO shares plus $10.00 cash, a cash election of $63.89 per Thermon share, or a stock election of 0.8110 CECO shares per Thermon share. CECO disclosed caps of approximately $334 million aggregate cash and approximately 22.9 million aggregate CECO shares available for the transactions. Completion requires CECO and Thermon stockholder approvals and customary closing conditions.
CECO Environmental Corp. filed a Form S-4 registering shares of CECO common stock to be issued to Thermon Group Holdings, Inc. stockholders in connection with a proposed merger under an Agreement and Plan of Merger dated February 23, 2026. The merger consideration allows Thermon holders to elect mixed consideration (0.6840 CECO shares plus $10.00 cash), cash consideration ($63.89 per Thermon share), or stock consideration (0.8110 CECO shares per Thermon share), with cash and stock elections subject to mandatory proration because aggregate cash is capped at approximately $334 million and aggregate CECO shares issuable are capped at approximately 22.9 million. CECO stockholders will vote on a stock issuance proposal and Thermon stockholders will vote to adopt the merger agreement and on an advisory compensation proposal. The mergers close only if required stockholder approvals and other closing conditions, including antitrust clearances, are satisfied.
CECO Environmental Corp senior vice president and chief financial officer Peter K. Johansson reported routine equity-related activity. On March 31, 653 shares of common stock were withheld at a price of $59.58 per share to satisfy tax obligations, leaving him with 70,726 common shares held directly.
He also holds performance-based restricted stock units tied to the company’s common stock. Footnotes state 47,247 units are scheduled to convert to shares on July 5, 2027, and 30,000 units on September 12, 2029, in each case only if he remains employed and specified stock price targets are achieved over the performance periods.
CECO Environmental CEO Todd R. Gleason reported a routine tax-related share disposition. On this Form 4, 2,110 shares of common stock were withheld at $59.58 per share to cover tax liabilities from vesting restricted stock units. After this net settlement, he directly holds 450,688 common shares.
He also has significant equity incentives, including stock options on 316,902 shares at $6.36, 598,204 shares at $12.72, and smaller grants at higher exercise prices, plus performance-based restricted stock units covering 225,000 and 150,000 shares that may convert in 2027 and 2029 if employment and stock price targets are met.
CECO Environmental Corp reported that its General Counsel, Gregory Alyson Noel, had 175 shares of Common Stock withheld on March 31, 2026 to satisfy tax obligations. This tax-withholding disposition was priced at $59.58 per share. After this non-market transaction, Noel directly holds 23,019 shares of CECO common stock.