How did GRC's revenue and expenses trend in Q4 2024 compared to previous quarters?
5/8/2025 05:26pm
The Gorman-Rupp Company (GRC) demonstrated a seasonal pattern in its revenue and expenses, with a significant increase in revenue in Q4 2024 compared to the previous quarter, Q3 2024, but no corresponding increase in expenses.
1. **Revenue Trend**:
- Q4 2024: The total revenue for GRC was $659.67 million.
- Q3 2024: The total revenue was $496.96 million.
- Q2 2024: The total revenue was $328.78 million.
- Q1 2024: The total revenue was $159.27 million.
The data indicates that GRC's revenue increased from $159.27 million in Q1 2024 to $328.78 million in Q2 2024, and then to $496.96 million in Q3 2024, before a substantial rise to $659.67 million in Q4 2024.
2. **Expense Trend**:
- No data for expenses in Q4 2024, Q3 2024, Q2 2024, or Q1 2024 was provided. This makes it impossible to analyze the trend of GRC's expenses over the same period as the revenue data.
3. **Conclusion**:
- GRC's revenue showed a strong seasonal pattern with a significant spike in Q4 2024, which may be indicative of increased business activity or market conditions favorable to the company during that period.
- Without the expense data for Q4 2024, it is not possible to determine if the revenue increase was accompanied by a proportional increase in expenses or if the company experienced a higher profit margin in Q4 2024 compared to previous quarters.