Earnings Releases·Nov 4, 2026, 8:30 AM ET

Twin Disc — First Quarter 2027 Earnings Summary

Sales rose 10.9% year-over-year to $88.7 million, with net income turning to $3.4 million ($0.24 per share) from a $0.5 million loss in the prior year quarter, while EBITDA surged 62.6% to $7.7 million.
The six-month backlog reached a record $190.6 million, driven by strong defense demand and double-digit growth in Europe and Asia-Pacific, though Land-Based Transmissions sales declined 14.7%.
Management prioritized growth investments in European expansion and Racine manufacturing while evaluating M&A opportunities, supported by a 87.7% increase in cash to $26.7 million and a $16.4 million reduction in net debt.
Capital expenditures increased to $5.8 million, and dividends per share were raised to $0.05, reflecting confidence in free cash flow generation and balance sheet strength despite ongoing risks from commodity costs and foreign currency fluctuations.