Daktronics, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $838.7M | $756.5M | $818.1M | $754.2M | $611.0M | $482.0M | $608.9M | $569.7M |
| Cost of Revenue | $609.7M | $561.0M | $595.6M | $602.8M | $494.3M | $361.5M | $470.2M | $439.4M |
| Gross Profit | $229.0M | $195.5M | $222.4M | $151.4M | $116.7M | $120.6M | $138.7M | $130.3M |
| Gross Margin | 27.3% | 25.8% | 27.2% | 20.1% | 19.1% | 25.0% | 22.8% | 22.9% |
| Operating Expenses | ||||||||
| Research & Development | $43.5M | $38.9M | $35.7M | $30.0M | $29.0M | $26.8M | $37.8M | $35.6M |
| SG&A Expense | $59.9M | $63.5M | $42.6M | $38.7M | $32.6M | $28.0M | $35.2M | $34.8M |
| Operating Income | $60.8M | $33.1M | $87.1M | $21.4M | $4.0M | $17.1M | $-167.0K | $-4.7M |
| Operating Margin | 7.3% | 4.4% | 10.6% | 2.8% | 0.7% | 3.5% | 0.0% | -0.8% |
| Interest Expense | $1.5M | $2.9M | $3.4M | $1.1M | $49.0K | $295.0K | $106.0K | $160.0K |
| Pretax Income | $58.3M | $-5.9M | $54.1M | $13.3M | $1.1M | $14.1M | $-9.0K | $-4.9M |
| Income Tax Expense | $13.0M | $4.3M | $19.4M | $6.5M | $516.0K | $3.1M | $-500.0K | $-4.0M |
| Net Income | $45.4M | $-10.1M | $34.6M | $6.8M | $592.0K | $10.9M | $491.0K | $-958.0K |
| Net Margin | 5.4% | -1.3% | 4.2% | 0.9% | 0.1% | 2.3% | 0.1% | -0.2% |
| EPS (Basic) | $0.93 | $-0.21 | $0.75 | $0.15 | $0.01 | $0.24 | $0.01 | $-0.02 |
| EPS (Diluted) | $0.92 | $-0.21 | $0.74 | $0.15 | $0.01 | $0.24 | $0.01 | $-0.02 |
| Shares Outstanding (Basic) | 48.6M | 47.6M | 45.9M | 45.4M | 45.2M | 45.0M | 45.0M | 44.9M |
| Shares Outstanding (Diluted) | 49.4M | 47.6M | 46.5M | 45.5M | 45.3M | 45.2M | 45.3M | 44.9M |
| Dividends Per Share | — | — | — | — | — | — | $0.20 | $0.28 |