Filing Flows › Daktronics (DAKT) › Q1 FY27
Daktronics (DAKT) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Sep 2, 2026
Daktronics (DAKT) reported revenue of $235M for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and +12% from the quarter before. Operating margin was 10.6%, net earnings $19.4M (8.3% of revenue).
Daktronics, Q1 FY27: revenue $235M (+7% year over year), operating margin 10.6%, net earnings $19.4M, operating cash flow $31.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $235M | +12% | +7% |
| Gross profit | $71.6M | +22% | +10% |
| Operating profit | $24.9M | +77% | +7% |
| Net earnings | $19.4M | +131% | +18% |
| Operating cash flow | $31.4M | — | +20% |
| Free cash flow | $27.5M | — | +25% |
What changed
Revenue was $234.6M in Q1 FY27, up 7% year over year and up 12% from the previous quarter. Live Events was the largest line at 37% of revenue. International added $11.3M year over year (up 66%), 72% of the total change. High School Park and Recreation declined 8%.
Gross margin was 30.5%, up 0.8 points from Q1 FY26. Operating profit was $24.9M, a 10.6% margin (unchanged year over year). Of the extra revenue versus Q1 FY26, 11% reached operating profit, above the 11% margin then. Operating expenses grew 12% against revenue growth of 7%. The fastest-growing cost line was Research & development (+14%). Net earnings were $19.4M, up 18% year over year. The effective tax rate was 24.3%.
Operating cash flow was $31.4M (up 20% year over year), 162% of net earnings. Non-cash charges added back $4.7M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $6.1M. After purchases of property and equipment, net ($3.9M), free cash flow as the company reports it was $27.5M.
Questions
What was Daktronics' revenue in the first quarter fiscal 2027?
Daktronics (DAKT) reported revenue of $235M for the first quarter fiscal 2027 (Q1 FY27), +7% from a year earlier and +12% from the quarter before.
Was Daktronics profitable in the first quarter fiscal 2027?
Operating profit was $24.9M (10.6% of revenue) and net earnings $19.4M.
Source: Daktronics 10-Q on SEC EDGAR.