8-K
filed May 6, 2026, 7:59 PM ET
ticker TWIN
CIK 0000100378
earnings
confidence high
sentiment positive
materiality 0.70
Twin Disc Q3 FY2026 sales up 19% to $96.7M; swings to net income $3.3M
TWIN DISC INC
2026-Q3 EPS reported
$1.76
revenue$266,870,000
- Revenue $96.7M (+19% YoY); net income $3.3M ($0.23 EPS) vs net loss of $1.5M.
- Gross margin 28.1% (+134bps); EBITDA $9.4M (+135%).
- Six-month backlog $179.5M, up from $175.3M at Q2; inventory/backlog ratio improved to 89.3%.
- ME&A expenses $21.3M, up 7.6%; as % of sales down 230bps on operational leverage.
- Defense momentum continues; Finland facility expansion to support long-term growth.
Machine-readable event card
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- https://www.sec.gov/Archives/edgar/data/100378/000143774926015030/0001437749-26-015030-index.htm
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Third Quarter Results
Sales for the fiscal 2026 third quarter increased 19.0% year-over-year to $96.7 million, driven largely by strength in the Company’s Veth products in Marine and Propulsion Systems. On an organic basis*, which excludes the impacts of acquisitions and foreign currency exchange, fiscal third quarter 2026 sales increased 7.0% year-over-year. Sales by product group (certain amounts have been reclassified from Marine and Propulsion to Other): Product Group (Thousands of $): Q3 FY26 Sales Q3 FY25 Sales Change (%) Marine and Propulsion Systems $ 59,146 $ 49,297 20.0 % Land-Based Transmissions 21,715 17,776 22.2 % Industrial 11,215 9,734 15.2 % Other 4,618 4,435 4.1 % Total $ 96,684 $ 81,242 19.0 % Twin Disc delivered double-digit growth year-over-year in the North American region which drove a shift in the distribution of sales across geographical regions. A greater proportion of sales came from the North American region, with a lower proportion of sales coming from the
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Sales for the fiscal 2026 third quarter increased 19.0% year-over-year to $96.7 million, driven largely by strength in the Company’s Veth products in Marine and Propulsion Systems. On an organic basis*, which excludes the impacts of acquisitions and foreign currency exchange, fiscal third quarter 2026 sales increased 7.0% year-over-year. Sales by product group (certain amounts have been reclassified from Marine and Propulsion to Other): Product Group (Thousands of $): Q3 FY26 Sales Q3 FY25 Sales Change (%) Marine and Propulsion Systems $ 59,146 $ 49,297 20.0 % Land-Based Transmissions 21,715 17,776 22.2 % Industrial 11,215 9,734 15.2 % Other 4,618 4,435 4.1 % Total $ 96,684 $ 81,242 19.0 % Twin Disc delivered double-digit growth year-over-year in the North American region which drove a shift in the distribution of sales across geographical regions. A greater proportion of sales came from the North American region, with a lower proportion of sales coming from the
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Sales for the fiscal 2026 third quarter increased 19.0% year-over-year to $96.7 million, driven largely by strength in the Company’s Veth products in Marine and Propulsion Systems. On an organic basis*, which excludes the impacts of acquisitions and foreign currency exchange, fiscal third quarter 2026 sales increased 7.0% year-over-year. Sales by product group (certain amounts have been reclassified from Marine and Propulsion to Other): Product Group (Thousands of $): Q3 FY26 Sales Q3 FY25 Sales Change (%) Marine and Propulsion Systems $ 59,146 $ 49,297 20.0 % Land-Based Transmissions 21,715 17,776 22.2 % Industrial 11,215 9,734 15.2 % Other 4,618 4,435 4.1 % Total $ 96,684 $ 81,242 19.0 % Twin Disc delivered double-digit growth year-over-year in the North American region which drove a shift in the distribution of sales across geographical regions. A greater proportion of sales came from the North American region, with a lower proportion of sales coming from the
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Third Quarter Results
Sales for the fiscal 2026 third quarter increased 19.0% year-over-year to $96.7 million, driven largely by strength in the Company’s Veth products in Marine and Propulsion Systems. On an organic basis*, which excludes the impacts of acquisitions and foreign currency exchange, fiscal third quarter 2026 sales increased 7.0% year-over-year. Sales by product group (certain amounts have been reclassified from Marine and Propulsion to Other): Product Group (Thousands of $): Q3 FY26 Sales Q3 FY25 Sales Change (%) Marine and Propulsion Systems $ 59,146 $ 49,297 20.0 % Land-Based Transmissions 21,715 17,776 22.2 % Industrial 11,215 9,734 15.2 % Other 4,618 4,435 4.1 % Total $ 96,684 $ 81,242 19.0 % Twin Disc delivered double-digit growth year-over-year in the North American region which drove a shift in the distribution of sales across geographical regions. A greater proportion of sales came from the North American region, with a lower proportion of sales coming from the
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Third Quarter Results
Sales for the fiscal 2026 third quarter increased 19.0% year-over-year to $96.7 million, driven largely by strength in the Company’s Veth products in Marine and Propulsion Systems. On an organic basis*, which excludes the impacts of acquisitions and foreign currency exchange, fiscal third quarter 2026 sales increased 7.0% year-over-year. Sales by product group (certain amounts have been reclassified from Marine and Propulsion to Other): Product Group (Thousands of $): Q3 FY26 Sales Q3 FY25 Sales Change (%) Marine and Propulsion Systems $ 59,146 $ 49,297 20.0 % Land-Based Transmissions 21,715 17,776 22.2 % Industrial 11,215 9,734 15.2 % Other 4,618 4,435 4.1 % Total $ 96,684 $ 81,242 19.0 % Twin Disc delivered double-digit growth year-over-year in the North American region which drove a shift in the distribution of sales across geographical regions. A greater proportion of sales came from the North American region, with a lower proportion of sales coming from the
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Third Quarter Results
Sales for the fiscal 2026 third quarter increased 19.0% year-over-year to $96.7 million, driven largely by strength in the Company’s Veth products in Marine and Propulsion Systems. On an organic basis*, which excludes the impacts of acquisitions and foreign currency exchange, fiscal third quarter 2026 sales increased 7.0% year-over-year. Sales by product group (certain amounts have been reclassified from Marine and Propulsion to Other): Product Group (Thousands of $): Q3 FY26 Sales Q3 FY25 Sales Change (%) Marine and Propulsion Systems $ 59,146 $ 49,297 20.0 % Land-Based Transmissions 21,715 17,776 22.2 % Industrial 11,215 9,734 15.2 % Other 4,618 4,435 4.1 % Total $ 96,684 $ 81,242 19.0 % Twin Disc delivered double-digit growth year-over-year in the North American region which drove a shift in the distribution of sales across geographical regions. A greater proportion of sales came from the North American region, with a lower proportion of sales coming from the
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similar materiality
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Third Quarter Results
Sales for the fiscal 2026 third quarter increased 19.0% year-over-year to $96.7 million, driven largely by strength in the Company’s Veth products in Marine and Propulsion Systems. On an organic basis*, which excludes the impacts of acquisitions and foreign currency exchange, fiscal third quarter 2026 sales increased 7.0% year-over-year. Sales by product group (certain amounts have been reclassified from Marine and Propulsion to Other): Product Group (Thousands of $): Q3 FY26 Sales Q3 FY25 Sales Change (%) Marine and Propulsion Systems $ 59,146 $ 49,297 20.0 % Land-Based Transmissions 21,715 17,776 22.2 % Industrial 11,215 9,734 15.2 % Other 4,618 4,435 4.1 % Total $ 96,684 $ 81,242 19.0 % Twin Disc delivered double-digit growth year-over-year in the North American region which drove a shift in the distribution of sales across geographical regions. A greater proportion of sales came from the North American region, with a lower proportion of sales coming from the
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