secwatch.observer — SEC 8-K summary
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Issuer:     TWIN DISC INC (TWIN)
CIK:        0000100378
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001437749-26-002877
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twin Disc Q2: net income $22.4M on $21.8M tax benefit; organic sales -7.9%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100378/000143774926002877/0001437749-26-002877-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100378/000143774926002877/twin20260202c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-002877

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer