{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-002877","form_type":"8-K","ticker":"TWIN","cik":"0000100378","company_name":"TWIN DISC INC","filed_at":"2026-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.371574+00:00","generated_at":"2026-05-16T04:46:07.663702+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Twin Disc Q2: net income $22.4M on $21.8M tax benefit; organic sales -7.9%","bullets":["Sales $90.2M (+0.3% YoY); organic sales down 7.9% excluding Kobelt acquisition and FX.","Net income includes $21.8M tax benefit from reversal of valuation allowance; diluted EPS $1.55 vs $0.07 prior year.","EBITDA $4.7M, down 25% YoY; gross margin improved 70bps to 24.8% despite unfavorable mix and tariff delays.","Backlog rose to $175.3M from $163.3M in Q1; defense orders and hybrid propulsion programs cited.","Debt up 79% to $44.5M from Kobelt acquisition; free cash flow positive at $1.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-002877","json":"https://secwatch.observer/filing/0001437749-26-002877.json","markdown":"https://secwatch.observer/filing/0001437749-26-002877.md","text":"https://secwatch.observer/filing/0001437749-26-002877.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100378/000143774926002877/0001437749-26-002877-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100378/000143774926002877/twin20260202c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:46:07.663702+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}