Twin Disc Inc ( (TWIN) ) has released its Q3 earnings. Here is a breakdown of the information Twin Disc Inc presented to its investors.
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Twin Disc, Inc. is a company that designs, manufactures, and sells marine and heavy-duty off-highway power transmission equipment, serving markets such as pleasure craft, commercial and military marine, energy, natural resources, and industrial sectors. In its latest earnings report for the third quarter of fiscal 2025, Twin Disc announced a 9.5% increase in sales year-over-year, reaching $81.2 million. Despite this growth, the company reported a net loss of $1.5 million, with an EBITDA of $4.0 million and operating cash flow of $3.4 million. The company’s backlog grew to $133.7 million, indicating strong ongoing order activity. Key financial highlights include a 10.7% increase in sales for Marine and Propulsion Systems and a 56.2% rise in the Industrial segment, although Land-Based Transmissions saw a decline. Gross profit rose to $21.7 million, but gross margin decreased due to an unfavorable product mix. The company faced increased expenses, primarily due to recent acquisitions and inflationary impacts. Looking ahead, Twin Disc remains focused on integrating acquisitions, enhancing operational efficiencies, and positioning itself as a leader in hybrid and electric marine solutions. The management is confident in delivering long-term value despite macroeconomic uncertainties, supported by a flexible global supply chain and manufacturing network.