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Twin Disc sales grow to $381 million
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Twin Disc sales grow to $381 million

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  • Twin Disc (NASDAQ:TWIN) reported fiscal 2026 net sales of $381.3 million, up 11.9% year-over-year.
  • Net income reached $27.1 million compared with a prior-year loss, while EBITDA increased 48% to $29.9 million.
  • The company reduced net debt to $13.8 million and reported a six-month backlog of $178.3 million.

Twin Disc (NASDAQ:TWIN) reported fiscal 2026 net sales of $381.3 million, up 11.9% year-over-year, while net income attributable to the company increased to $27.1 million compared with a loss in the prior year.

The results compared with fiscal 2025 as Twin Disc recorded higher sales, improved earnings and stronger cash flow, although gross margins declined due to product mix changes and prior-year adjustments.

Twin Disc reported fourth quarter sales of $114.4 million, up 18.3% year-over-year, while fiscal 2026 gross margin was 26.9% and Q4 gross margin declined to 26.3% due mainly to product mix and a prior-year favorable adjustment.

The company generated fiscal 2026 free cash flow of $9.2 million, including $17.2 million in the fourth quarter, and reduced total debt to $29.8 million and net debt to $13.8 million during the year.

Twin Disc reported a six-month backlog of $178.3 million, established a new $90 million credit facility, changed certain inventory accounting from LIFO to FIFO, resulting in a $32.1 million prior-year inventory increase, and maintained its annual dividend of $0.16 per share.

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