CECO ENVIRONMENTAL CORP
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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FY2025 · Filed Mar 2, 2026
CECO$52.00+19.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
| Accumulated | |||||||
|---|---|---|---|---|---|---|---|
| Capital in · (Accumulated · Other · Total | |||||||
| Common Stock · excess of · Loss) · Comprehensive · Noncontrolling · Shareholders' | |||||||
| (in thousands) | Shares | Amount | par value | Retained Earnings | Loss | Interest | Equity |
| Balance January 1, 2023 | 34,382 | $344 | $250,174 | $(19,298) | $(17,996) | $4,924 | $218,148 |
| Net income for the year ended December 31, 2023 | — | — | — | 12,911 | — | 1,590 | 14,501 |
| Exercise of stock options | 101 | 1 | 1,209 | — | — | — | 1,210 |
| Restricted stock units issued | 328 | 3 | (1,189) | — | — | — | (1,186) |
| Share-based compensation earned | 24 | — | 4,762 | — | — | — | 4,762 |
| Adjustment for minimum pension liability, net of tax of $619 | — | — | — | — | 1,225 | — | 1,225 |
| Translation gain | — | — | — | — | 497 | — | 497 |
| Noncontrolling interest distribution | — | — | — | — | — | (1,666) | (1,666) |
| Balance December 31, 2023 | 34,835 | $348 | $254,956 | $(6,387) | $(16,274) | $4,848 | $237,491 |
| Net income for the year ended December 31, 2024 | — | — | — | 12,957 | — | 1,464 | 14,421 |
| Exercise of stock options | 28 | — | 367 | — | — | — | 367 |
| Restricted stock units issued | 314 | 3 | (3,018) | — | — | — | (3,015) |
| Share based compensation earned | 31 | — | 7,908 | — | — | — | 7,908 |
| Common stock repurchase and retirement | (230) | (2) | (5,002) | — | — | — | (5,004) |
| Adjustment for minimum pension liability, net of tax of $782 | — | — | — | — | 2,693 | — | 2,693 |
| Translation loss | — | — | — | — | (860) | — | (860) |
| Noncontrolling interest distributions | — | — | — | — | - | (2,108) | (2,108) |
| Balance December 31, 2024 | 34,978 | $349 | $255,211 | $6,570 | $(14,441) | $4,204 | $251,893 |
| Net income for the year ended December 31, 2025 | — | — | — | 50,051 | — | 3,056 | 53,107 |
| Exercise of stock options | 301 | 3 | 3,888 | — | — | — | 3,891 |
| Restricted stock units issued | 334 | 3 | (3,522) | — | — | — | (3,519) |
| Share based compensation earned | 32 | — | 13,876 | — | — | — | 13,876 |
| Loss realized with transfer of pension plan with sale of Global Pump Solutions business | — | — | — | — | 2,104 | — | 2,104 |
| Translation gain | — | — | — | — | 3,436 | — | 3,436 |
| Noncontrolling interest distributions | — | — | — | — | — | (1,606) | (1,606) |
| Balance December 31, 2025 | 35,645 | $355 | $269,453 | $56,621 | $(8,901) | $5,654 | $323,182 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.