The record backlog and accelerating defense orders suggest near-term revenue visibility is strong. Monitor the next quarter for backlog conversion rates and gross margin trajectory, as below-average-margin Katsa and Veth growth may pressure overall margins.
Price Chart
Executive Summary
Twin Disc reported Q1 FY2027 revenue of $88.7M (+10.9% YoY) and net income of $3.4M ($0.24 diluted EPS), compared to a net loss of ($0.5M) in the prior year quarter. EBITDA rose 62.6% to $7.7M and six-month backlog reached a record $190.6M, supported by defense and marine demand. No guidance was provided.
Key Financial Metrics
Key Facts
- Q1 FY2027 revenue $88.7M, up 10.9% YoY from $80.0M
- Net income attributable to Twin Disc $3.4M ($0.24 diluted EPS) vs net loss of ($0.5M) a year ago
- EBITDA $7.7M, up 62.6% from $4.7M in Q1 FY2026
- Six-month backlog $190.6M, a record and up 7% from $178.3M at FY2026 year-end
- Gross margin 28.7%, consistent with prior year
- Operating cash flow $11.5M vs ($7.5M) in Q1 FY2026; free cash flow $5.6M
- Net debt reduced to $13.1M from $29.5M a year ago
- No guidance provided in the release
Financial Impact
Revenue $88.7M, net income $3.4M, EBITDA $7.7M, backlog $190.6M
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Marine and Propulsion Systems | $55.2M | +14.4% |
| Land-Based Transmissions | $15.0M | -14.7% |
| Industrial | $14.0M | +35.3% |
| Other | $4.6M | +19.5% |
Risk Factors
- Gross margin held at 28.7% but growth in lower-margin Katsa and Veth segments could pressure margins
- Land-Based Transmissions revenue declined 14.7% YoY due to segment reclassification of Katsa to Industrial
- No formal guidance provided, limiting forward visibility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-034773 |
| Document: twin20261030_8k.htm | 0001437749-26-034773 |
| Document: 0001437749-26-034773-index-headers.html | 0001437749-26-034773 |
| Document: 0001437749-26-034773-index.html | 0001437749-26-034773 |
| Document: 0001437749-26-034773.txt | 0001437749-26-034773 |
| 8-K Data (Synthetic) | 0001437749-26-034773 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 4, 2026 1d ago | 8-K | $25.50 | awaiting T+20 | awaiting T+20 | $22.97 (−9.92%) |
Nov 4, 2026 1d ago | 8-K | No price | awaiting T+20 | awaiting T+20 | No price |
Nov 4, 2026 1d ago | Press Release | $25.50 | awaiting T+20 | awaiting T+20 | $22.97 (−9.92%) |
Nov 2, 2026 3d ago | 8-K | $25.04 | awaiting T+20 | awaiting T+20 | $22.97 (−8.27%) |
Nov 2, 2026 3d ago | Press Release | $24.75 | awaiting T+20 | awaiting T+20 | $22.97 (−7.19%) |
Oct 29, 2026 7d ago | 8-K | $23.98 | awaiting T+20 | awaiting T+20 | $22.97 (−4.21%) |
Sep 14, 2026 7w ago | DEFA14A | $24.10 $26.25 | ▲ +8.92% | ▲ +6.66% | $22.97 (−4.69%) |
Aug 20, 2026 11w ago | 8-K | $24.47 $24.88 | ▲ +1.68% | ▲ +1.68% | $22.97 (−6.13%) |
Aug 20, 2026 11w ago | 8-K | No price | awaiting T+20 | awaiting T+20 | No price |
Aug 20, 2026 11w ago | Press Release | $24.47 $24.88 | ▲ +1.68% | ▲ +1.68% | $22.97 (−6.13%) |
US Market Status
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