The substantial backlog growth and margin expansion suggest sustained revenue and earnings momentum into Q4 and beyond. Traders should monitor the April Investor Day for updated long-term guidance, which could catalyze further upside.
Price Chart
Executive Summary
Daktronics reported strong fiscal Q3 2026 results with revenue up 21.6% year-over-year to $181.9 million and a significant turnaround in profitability, with operating income improving to $1.9 million from a $3.6 million loss a year ago. Adjusted operating income more than tripled to $4.0 million, driven by operational efficiencies and pricing, while product backlog surged 25.3% to $342.3 million, setting up continued revenue momentum.
Key Financial Metrics
Key Facts
- Q3 revenue of $181.9 million, up 21.6% YoY from $149.5 million
- Operating income turned positive at $1.9 million vs. $3.6 million loss in prior-year quarter
- Adjusted operating income rose to $4.0 million from $1.2 million, a 233% increase
- Product backlog reached $342.3 million, up 25.3% YoY, indicating strong future revenue visibility
- Net income was $3.0 million vs. a $17.2 million net loss in the same quarter last year
- Cash and cash equivalents grew to $144.4 million; new $71.5 million credit facility enhances liquidity
Financial Impact
Revenue increased by $32.4 million YoY with operating margin improvement from -2.4% to +1.1%; adjusted operating margin expanded from 0.8% to 2.2%
Risk Factors
- Forward-looking statements about tariffs, inflation, and supply chain risks could pressure margins if not managed
- Adjusted metrics exclude $2.1 million in transition and acquisition-related costs, which may recur
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3249257 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | 8-K | $17.91 $17.66 | ▼ −1.40% | ▼ −1.50% | $17.96 (+0.28%) |
Sep 2, 2026 4w ago | 8-K | $19.13 $18.95 | ▼ −0.94% | ▲ +0.02% | $17.96 (−6.12%) |
Sep 2, 2026 4w ago | Press Release | $19.13 $18.95 | ▼ −0.94% | ▲ +0.02% | $17.96 (−6.12%) |
Aug 10, 2026 7w ago | Press Release | $21.28 $19.94 | ▲ +6.30% | ▲ +6.25% | $17.96 (+15.60%) |
Jul 17, 2026 11w ago | 8-K | $19.12 $19.81 | ▲ +3.61% | ▲ +4.30% | $17.96 (−6.07%) |
Jun 11, 2026 16w ago | Institutional Cluster | $20.30 $20.76 | ▲ +2.27% | ▲ +1.59% | $17.96 (−11.53%) |
Jun 11, 2026 16w ago | Institutional Cluster | $20.91 $20.17 | ▼ −3.54% | ▼ −3.97% | $17.96 (−14.11%) |
May 21, 2026 19w ago | Press Release | $19.73 $20.62 | ▼ −4.51% | ▼ −2.91% | $17.96 (+8.97%) |
Apr 9, 2026 25w ago | 8-K | $19.89 $19.07 | ▼ −4.12% | ▼ −7.31% | $17.96 (−9.70%) |
Mar 18, 2026 28w ago | Press Release | $20.23 $21.42 | ▲ +5.88% | ▲ +6.60% | $17.96 (−11.22%) |
US Market Status
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