Twin Disc, Incorporated
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $381.3M | $340.7M | $295.1M | $277.0M | $242.9M | $218.6M | $246.8M | $302.7M |
| Cost of Revenue | $278.7M | $246.8M | $211.8M | $202.6M | $174.1M | $167.7M | $191.1M | $213.0M |
| Gross Profit | $102.6M | $93.9M | $83.3M | $74.3M | $68.8M | $50.9M | $55.7M | $89.6M |
| Gross Margin | 26.9% | 27.6% | 28.2% | 26.8% | 28.3% | 23.3% | 22.6% | 29.6% |
| Operating Expenses | ||||||||
| Research & Development | $2.9M | $2.7M | $2.6M | $2.5M | $1.6M | $1.9M | $1.8M | $2.4M |
| SG&A Expense | $84.5M | $82.4M | $71.6M | $62.2M | $60.1M | $55.8M | $63.2M | $71.5M |
| Operating Income | $18.0M | $11.1M | $11.5M | $16.1M | $11.0M | $-12.3M | $-40.3M | $18.5M |
| Operating Margin | 4.7% | 3.3% | 3.9% | 5.8% | 4.5% | -5.6% | -16.3% | 6.1% |
| Interest Expense | — | — | $1.4M | $2.3M | $2.1M | $2.4M | $1.9M | $1.9M |
| Pretax Income | $13.6M | $3.0M | $15.4M | $14.5M | $12.6M | $-9.8M | $-43.7M | $14.5M |
| Income Tax Expense | $-14.0M | $3.4M | $4.1M | $3.8M | $1.8M | $19.7M | $-4.2M | $3.7M |
| Net Income | $27.1M | $-697.0K | $11.0M | $10.4M | $10.5M | $-29.7M | $-39.8M | $10.7M |
| Net Margin | 7.1% | -0.2% | 3.7% | 3.7% | 4.3% | -13.6% | -16.1% | 3.5% |
| EPS (Basic) | $1.92 | $-0.05 | $0.80 | $0.77 | $0.78 | $-2.24 | $-3.03 | $0.84 |
| EPS (Diluted) | $1.86 | $-0.05 | $0.79 | $0.75 | $0.78 | $-2.24 | $-3.03 | $0.83 |
| Shares Outstanding (Basic) | 14.1M | 13.9M | 13.7M | 13.5M | 13.4M | 13.2M | 13.2M | 12.6M |
| Shares Outstanding (Diluted) | 14.6M | 13.9M | 13.9M | 13.8M | 13.4M | 13.2M | 13.2M | 12.7M |
| Dividends Per Share | $0.16 | $0.16 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |