Quarterly ResultJun 24, 2026, 07:31 AM
Daktronics FY26 Sales $838.7M, Orders $860.8M; EPS $0.92
AI Summary
Daktronics reported record net sales of $838.7 million and record orders of $860.8 million for fiscal year 2026. The company achieved a full-year EPS of $0.92, a significant turnaround from a loss in the prior year, and adjusted EPS of $1.05. Q4 2026 also showed strong performance with sales up 20.9% and adjusted EPS increasing 50% year-over-year, driven by operational efficiencies and strategic initiatives. The company enters fiscal 2027 with a solid product backlog and is tracking towards its fiscal 2028 targets.
Key Highlights
- Fiscal 2026 net sales reached a record $838.7 million, up 10.9% from fiscal 2025.
- Fiscal 2026 new orders hit a record $860.8 million, an increase of 10.2% year-over-year.
- Full-year diluted EPS was $0.92, compared to a loss of $0.21 in fiscal 2025.
- Full-year adjusted EPS was $1.05, up from $0.84 in fiscal 2025.
- Product backlog increased to $356.2 million at year-end, up 4.3% from the prior year.
- Q4 2026 sales grew 20.9% to $208.6 million, with adjusted EPS up 50% to $0.27.
- Operating margin for fiscal 2026 improved to 7.3% from 4.4% in fiscal 2025.
- Repurchased 1.4 million shares for $25.4 million during fiscal 2026.
Price Impact
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