范科工业 2026年季度报告

IndexPartI. Financial Information Item1.Financial StatementsCondensed Consolidated Balance Sheets – March31, 2026 (Unaudited) and September30, 2025Condensed Consolidated Income Statements – Quarters and Six Months Ended March31, 2026 and 2025 (Unaudited)Condensed Consolidated Statements of Shareholders’ Equity – Quarters and Six Months Ended March31, 2026 and 2025(Unaudited)Condensed Consolidated Statements of Cash Flows – Six Months Ended March31, 2026 and 2025 (Unaudited)Notes to Condensed Consolidated Financial Statements (Unaudited)Item 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures about Market RiskItem 4.Controls and Procedures PartII.Other Information Item 1.Legal ProceedingsItem1A.Risk FactorsItem 5.Other InformationItem 6.Exhibits Signatures Introductory Note: Caution Concerning Forward-Looking Statements This Quarterly Report on Form 10-Q (this “Quarterly Report”) and the Company’s other communications and statements may contain certain “forward-looking statements” within the meaning of Section27A of the Securities Act of 1933, as amended, and Section21E of the Securities Exchange Act of1934, as amended (the “Exchange Act”), including statements about the Company’s beliefs, plans, objectives, goals, expectations, estimates, projectionsand intentions. These statements are subject to significant risks and uncertainties and are subject to change based on various factors, many of which arebeyond the Company’s control. The Company’s actual results may differ materially from those set forth in the Company’s forward-looking statementsdepending on a variety of important factors, including the financial condition of the Company’s customers, changes in the economic and competitiveenvironments, and demand for the Company’s products. In addition, the impact of (i)the United States (“U.S.”) government’s tariff announcements, For information concerning these factors and related matters, see the following sections of the Company’s Annual Report on Form 10-K for the yearended September30, 2025: (a) Part I, Item 1A, “Risk Factors” and (b)Part II, Item 7, “Management’s Discussion and Analysis of Financial Conditionand Results of Operations”. However, other factors besides those referenced could adversely affect the Company’s results of operations, and you shouldnot consider any such list of factors to be a complete set of all potential risks or uncertainties. Any forward-looking statement made by the Company Unless the context otherwise indicates, all references in this Quarterly Report to the “Company,” “Gencor,” “we,” “us,” or “our,” or similar words are toGencor Industries, Inc. and its subsidiaries. Table of Contents GENCOR INDUSTRIES, INC. Note 1 - Basis of Presentation The accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles forinterim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of theinformation and notes required by Generally Accepted Accounting Principles (“GAAP”) for complete financial statements. In the opinion of The accompanying condensed consolidated balance sheet at September30, 2025 has been derived from the audited consolidated financial statements atthat date but does not include all of the information and notes required by generally accepted accounting principles for complete financial statements. These condensed consolidated financial statements and accompanying notes should be read in conjunction with the audited consolidated financialstatements and accompanying notes included in our Annual Report on Form 10-K for the fiscal year ended September30, 2025 filed with the Securities Recent Accounting Pronouncements In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. (“ASU”) 2023-09,Income Taxes(Topic 740): Improvements to Income Tax Disclosures(“ASU 2023-09”), to enhance transparency into income tax disclosures. The amendments requireannual disclosure of certain information relating to the rate reconciliation, income taxes paid by jurisdiction, income (or loss) from continuing operationsbefore income tax expense (or benefit) disaggregated between domestic and foreign, income tax expense (or benefit) from continuing operationsdisaggregated by federal (national), state, and foreign jurisdictions. The amendments also eliminate certain requirements relating to unrecognized taxbenefits and certain deferred tax disclosure relating to subsidiaries and corporate joint ventures. ASU 2023-09 is effective for fiscal years beginning after In November 2024, the FASB issuedASU 2024-03,Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (“ASU2024-03”), which requires entities to (i)disclose amounts of (a)purchases of inventory, (b)employee compensation