Twin Disc, Incorporated (TWIN)

Twin Disc Earnings Call Transcript: Q2 2026

Sales were flat year-over-year at $90.2 million, but net income surged due to a large tax benefit. Record backlog and strong defense demand support a positive outlook, while tariff impacts and shipment delays weighed on margins.

Twin Disc Transcript: 17th Annual Southwest IDEAS Conference

Significant growth is driven by increased defense spending, strategic acquisitions, and a shift toward hybrid and electric marine solutions. A global manufacturing footprint and disciplined M&A strategy support ambitious 2030 targets, with tariffs shaping operational decisions.

Twin Disc Earnings Call Transcript: Q1 2026

Fiscal Q1 2026 saw 9.7% sales growth to $80M, 220 bps gross margin expansion, and a robust $163.3M backlog, with defense and Marine Propulsion driving results. EBITDA rose 172% year-over-year, and management targets double-digit EBITDA margin for the year.

Twin Disc Transcript: Noble Capital Markets Emerging Growth Virtual Investor Conference

A century-old leader in power transmission is leveraging acquisitions and innovation in hybrid and electric solutions to drive growth, with defense and marine markets as key contributors. Integration of recent acquisitions is progressing well, supporting margin improvement and a strong outlook into 2026.

Twin Disc Transcript: 16th Annual Midwest Ideas Conference

Diversification into defense and hybrid markets, along with strategic acquisitions in Europe and Canada, has shifted the business mix and accelerated growth. Operational improvements, margin expansion, and a robust M&A pipeline support the goal of reaching $500 million in revenue and 30% gross margins.

Twin Disc Earnings Call Transcript: Q4 2025

Fiscal 2025 ended with record Q4 sales and 15.5% annual growth, driven by marine, defense, and industrial segments. Backlog reached $150.5 million, with defense orders up 45% and strong momentum in hybrid solutions. Integration of Katsa and Kobelt is fueling global expansion.

Twin Disc Earnings Call Transcript: Q3 2025

Sales rose 9.5% year-over-year to $81.2 million, with gross margin improving to 26.7%. Net loss was $1.5 million due to currency impacts, but backlog and cash flow remain strong. Acquisitions and operational improvements support a positive outlook despite tariff and supply chain risks.

Twin Disc Earnings Call Transcript: Q2 2025

Q2 sales rose 23.2% year-over-year to $89.9M, driven by Katsa and organic growth, with net income of $900K reversing a prior-year loss. Gross margin declined due to acquisition-related write-downs, but strong demand and backlog persist across key segments.

Twin Disc Earnings Call Transcript: Q1 2025

Q1 FY25 saw double-digit revenue growth, margin expansion, and record backlog, driven by the Katsa acquisition and strong marine demand. Net loss widened due to FX and interest costs, but free cash flow is expected to recover as inventory normalizes.

Twin Disc Transcript: Noble Capital Markets Virtual Equity Conference

Strong demand and a robust backlog support ambitious growth targets, with a focus on hybrid/electric solutions and strategic M&A. Differentiation is driven by advanced controls technology and global support, while recent acquisitions have positioned the business for continued growth.

Twin Disc Earnings Call Transcript: Q4 2024

Fourth quarter and full year results showed steady growth, margin expansion, and strong cash generation, with the Katsa acquisition expected to drive further revenue growth. Fiscal 2025 guidance is in line with 2024, excluding Katsa, and the company maintains a robust balance sheet and disciplined capital allocation.

Twin Disc Earnings Call Transcript: Q3 2024