Filing Flows › Daktronics (DAKT) › Q2 FY26
Daktronics (DAKT) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Dec 10, 2025
Daktronics (DAKT) reported revenue of $229M for the second quarter fiscal 2026 (Q2 FY26), +10% from a year earlier and +5% from the quarter before. Operating margin was 9.4%, net earnings $17.5M (7.6% of revenue).
Daktronics, Q2 FY26: revenue $229M (+10% year over year), operating margin 9.4%, net earnings $17.5M, operating cash flow $16.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $229M | +5% | +10% |
| Gross profit | $61.8M | -5% | +11% |
| Operating profit | $21.6M | -7% | +37% |
| Net earnings | $17.5M | +6% | -18% |
| Operating cash flow | $16.5M | -37% | -62% |
| Free cash flow | $14.0M | -36% | -63% |
What changed
Revenue was $229.3M in Q2 FY26, up 10% year over year and up 5% from the previous quarter. Live Events was the largest line at 36% of revenue. International added $11.6M year over year (up 64%), 56% of the total change. High School Park and Recreation declined 4%.
Gross margin was 27.0%, up 0.2 points from a year earlier. Operating profit was $21.6M, a 9.4% margin (up 1.8 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 8% margin then. Operating expenses grew 0% against revenue growth of 10%. Net earnings were $17.5M, down 18% year over year. The effective tax rate was 20.0%.
Operating cash flow was $16.5M (down 62% year over year), 94% of net earnings. Non-cash charges added back $4.8M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $6.8M. Capital expenditures of $2.5M left free cash flow of $14.0M.
Questions
What was Daktronics' revenue in the second quarter fiscal 2026?
Daktronics (DAKT) reported revenue of $229M for the second quarter fiscal 2026 (Q2 FY26), +10% from a year earlier and +5% from the quarter before.
Was Daktronics profitable in the second quarter fiscal 2026?
Operating profit was $21.6M (9.4% of revenue) and net earnings $17.5M.
Source: Daktronics 10-Q on SEC EDGAR.