Twin Disc — First Quarter 2027 Earnings Summary

Twin Disc, Inc. reported first-quarter fiscal 2027 sales of $88.7 million, representing a 10.9% year-over-year increase driven by strength in the Veth product line and robust demand in the defense sector. The company achieved a gross margin of 28.7% and recorded net income attributable to Twin Disc of $3.4 million, or $0.24 per diluted share, compared to a net loss in the prior year period. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 62.6% to $7.7 million, supported by a six-month backlog of $190.6 million and the generation of $5.6 million in free cash flow. Additionally, the company reduced its net debt by $16.4 million to $13.1 million while increasing cash reserves by 87.7% to $26.7 million.