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Twin Disc Inc. (TWIN)
NASDAQ:TWIN
Earnings Data
Report Date
Apr 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.25Last Year’s EPS
-0.11Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed but balanced picture: structurally positive elements include a record backlog (+41.4% YoY), strong defense demand (pipeline >$50M, backlog up 18% sequentially), and industrial growth (+22% YoY). However, near-term operating challenges are notable — organic revenue declined ~7.9%, EBITDA fell 25% YoY, tariff headwinds (~3% of cost of sales) and working capital/inventory increases pressured cash flow. Management outlined credible mitigation actions (footprint moves, assembly relocation to tariff-advantaged locations) and expects improvements as shipment patterns normalize and mitigation takes effect, with some benefits expected in FY27. Given the comparable weight of meaningful operational headwinds and strong structural positives, the net tone is balanced.Company Guidance
Record Backlog and Strong Defense Demand
Backlog reached a record $175.3 million, up 41.4% year-over-year and 7% sequentially. Defense-related backlog grew 18% sequentially and the defense pipeline exceeds $50 million, driven by naval, autonomous vessel, and NATO land-based programs.
Revenue Stability and Industrial Growth
Total sales were $90.2 million, up 0.3% versus prior year ($89.9M). Industrial segment sales rose 22% year-over-year to $11.5 million, aided by contributions from recent acquisitions (e.g., CoVelt/CASA).
Improved Gross Profit and Margin
Gross profit increased 3.2% to $22.4 million and gross margin improved by 70 basis points to 24.8%, reflecting the absence of prior-year inventory-related charges and some mix/operational improvements.
Operational Mitigation Plans and Footprint Optimization
Management is implementing mitigation actions against tariffs and operational friction, including moving RF assembly to Lufkin (tariff-advantaged) and other footprint/flexibility changes intended to reduce future tariff exposure and improve margins (expected benefit in FY27).
Free Cash Flow Improvement and Capital Discipline
Free cash flow was $1.2 million for the quarter, a meaningful sequential improvement from Q1. Management emphasized disciplined capital allocation, focus on converting backlog to cash, and maintaining liquidity while selectively pursuing acquisitions.
Geographic Strength and Product Wins
Sales growth was led by North America and Europe, supported by Veth products and recent acquisitions. Jet Propulsion and autonomous/unmanned vessel demand remained strong; positive unexpected orders in China for oil & gas transmissions exceeded initial expectations.
TWIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TWIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $18.94 | $16.10 | -14.96% |
Nov 05, 2025 | $15.92 | $15.69 | -1.44% |
Aug 21, 2025 | $8.58 | $11.15 | +30.04% |
May 07, 2025 | $6.72 | $7.13 | +6.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Twin Disc Inc. (TWIN) report earnings?
Twin Disc Inc. (TWIN) is schdueled to report earning on Apr 24, 2026, Before Open (Confirmed).
What is Twin Disc Inc. (TWIN) earnings time?
Twin Disc Inc. (TWIN) earnings time is at Apr 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TWIN EPS forecast?
TWIN EPS forecast for the fiscal quarter 2026 (Q3) is 0.25.