GHM

GRAHAM CORP

N/A • FY2026 Annual Report

NYSE 732 employees H-1B Visa Sponsor Revenue +16.9% YoY

Revenue

$245M

Net Income

$12M

EBIT Margin

6.1%

Diluted EPS

$1.12

Free Cash Flow

$-0M

CEO Pay

$1,853,374

Daniel J. Thoren

85%

of GRAHAM CORP's revenue comes from United States

Companies claim they must hire overseas workers because that's where their business is. The data says otherwise: GRAHAM CORP generates 85% of its $0.2B revenue from United States, yet continues to file H-1B petitions that displace American workers.

$1,853,374

Daniel J. Thoren's total compensation in FY2026

Base salary $500,000 • Stock awards $850,024. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.

Financial Snapshot — FY2026

Total Revenue

$245M

+16.9% year-over-year

Net Income

$12M

Operating Margin

6.1%

Diluted EPS

$1.12

Free Cash Flow

$-0M

Dividend / Share

N/A

Stock Buybacks

N/A

Total employees: 732

Where the Revenue Comes From — FY2026

United States

$0.2B

85%

Asia

$0B

Canada

$0B

Middle East

$0B

Other Countries

$0B

South America

$0B

N/A

$0B

N/A

Other

$0B

N/A

China

$0B

N/A

India

$0B

N/A

Revenue earned in the United States contradicts the claim that H-1B workers are needed because “that’s where the business is.” Source: SEC EDGAR 10-K, FY2026.

What We Pay the Executives Source: SEC DEF 14A via sec-api.io

CEO Total Compensation

$1,853,374

Daniel J. Thoren

CEO Base Salary

$500,000

CEO Stock Awards

$850,024

Avg. Other NEO Total

$827,522

Executive	Title	Base Salary	Stock Awards	Total Comp
Daniel J. Thoren🔍	Executive Chairman, Former CEO	$500,000	$850,024	$1,853,374
Matthew J. Malone🔍	President & CEO, Former VP and GM - Barber-Nichols	$341,667	$197,988	$828,017
Christopher J. Thome🔍	VP - Finance, CFO, CAO and Corporate Secretary	$359,986	$252,022	$842,644
Alan E. Smith🔍	VP and General Manager - Batavia	$330,000	$197,988	$812,401

SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.

Board of Directors — Who Enables This

Director	Role	Age	Independent	Since	Tenure	Annual Pay	Committees
Daniel J. Thoren🔍	Executive Chairman of the Company	62	No	N/A	N/A	N/A
James J. Barber, Ph.D.🔍	Independent Consultant and Principal of Barber Advisors, LLC	71	Yes	N/A	N/A	N/A	Nominating and Corporate Governance, Compensation, Audit
Jonathan W. Painter🔍	Lead Independent Director of the Company’s Board	66	Yes	N/A	N/A	N/A	Nominating and Corporate Governance, Compensation, Audit
Lisa M. Schnorr🔍	Director	59	No	N/A	N/A	N/A	Compensation, Audit, AC
Troy A. Stoner🔍	Senior Director, Electronic & Intelligence Systems, Space In	61	No	N/A	N/A	N/A	Nominating and Corporate Governance, Compensation, NCGC

Source: SEC EDGAR DEF 14A proxy statement via sec-api.io.

H-1B Visa Dependency Key Metric

Search all GRAHAM CORP H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.

🔍 Search H-1B Records for GRAHAM CORP

Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.

Shareholder Value Assessment

PositiveRevenue grew 16.9% year-over-year - strong growth.

WatchNet margin of 5.1% - moderate profitability.

PositiveCEO compensation of $1.9M is within range for company size.

WatchCompany employed approximately 732 workers globally - see H-1B data below for U.S. displacement risk.

Key Business Risks (from 10-K Item 1A)

Failure to comply with export, import, and sanctions laws and regulations could materially and adversely affect us
Climate change and greenhouse gas regulations may affect our customers’ investment decisions — Our traditional Energy markets are undergoing significant transition due to concern over the risk o
Intellectual property rights are difficult to enforce in China and India, which could harm our business — Commercial law in China is relatively undeveloped compared with the commercial law in many of
Regulation of foreign investment in India may adversely affect the operations of our Indian subsidiary
Changes in U.S. and foreign energy policy regulations could adversely affect our business — Energy policy in the U.S. and other countries where we sell our products is evolving rapidly and we anticipa

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GRAHAM CORP

of GRAHAM CORP's revenue comes from United States

Daniel J. Thoren's total compensation in FY2026

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