Quarterly ResultMay 6, 2026, 08:32 AM
Twin Disc Q3 Sales +19% to $96.7M; Net Income $3.3M
AI Summary
Twin Disc, Inc. reported strong third quarter fiscal 2026 results, with sales increasing 19.0% year-over-year to $96.7 million, driven by robust demand across end markets, particularly in Marine and Propulsion Systems. The company achieved a net income of $3.3 million, a significant improvement from a net loss in the prior year, and EBITDA surged by 135.1% to $9.4 million. Gross margin expanded by 134 basis points to 28.1%, and the company generated positive operating and free cash flow, while maintaining a healthy six-month backlog of $179.5 million.
Key Highlights
- Sales increased 19.0% year-over-year to $96.7 million in Q3 FY26.
- Net income attributable to Twin Disc was $3.3 million ($0.23 per diluted share).
- EBITDA rose 135.1% to $9.4 million compared to prior year.
- Gross margin expanded 134 basis points to 28.1% in the quarter.
- Marine and Propulsion Systems sales grew 20.0% to $59.1 million.
- Land-Based Transmissions sales increased 22.2% to $21.7 million.
- Six-month backlog reached $179.5 million, up from $175.3 million.
- Generated $1.8 million in Free Cash Flow during the quarter.