Filing Flows › Taylor Devices (TAYD) › Q1 FY27
Taylor Devices (TAYD) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 2, 2026
Taylor Devices (TAYD) reported revenue of $7.3M for the first quarter fiscal 2027 (Q1 FY27), -26% from a year earlier and -18% from the quarter before. Operating margin was 0.5%, net earnings $457K (6.3% of revenue).
Taylor Devices, Q1 FY27: revenue $7.3M (-26% year over year), operating margin 0.5%, net earnings $457K, operating cash flow $7.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.3M | -18% | -26% |
| Gross profit | $2.2M | -45% | -51% |
| Operating profit | $38K | -93% | -98% |
| Net earnings | $457K | -76% | -79% |
| Operating cash flow | $7.8M | — | 16× |
| Free cash flow | $7.5M | — | 25× |
What changed
Revenue was $7.3M in Q1 FY27, down 26% year over year and down 18% from the previous quarter.
Gross margin was 29.6%, down 15.2 points from Q1 FY26. Operating profit was $38K, a 0.5% margin (down 22.1 points year over year). Operating expenses fell 3% while revenue fell 26%. The fastest-growing cost line was Research & development (+88%). Net earnings were $457K, down 79% year over year. The effective tax rate was 0.0%. Non-operating items added $418K, 92% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $7.8M (up 1510% year over year), 1704% of net earnings. Non-cash charges added back $531K of depreciation and amortization. Working capital and other items added $6.8M. Capital expenditures of $242K left free cash flow of $7.5M.
Questions
What was Taylor Devices' revenue in the first quarter fiscal 2027?
Taylor Devices (TAYD) reported revenue of $7.3M for the first quarter fiscal 2027 (Q1 FY27), -26% from a year earlier and -18% from the quarter before.
Was Taylor Devices profitable in the first quarter fiscal 2027?
Operating profit was $38K (0.5% of revenue) and net earnings $457K.
Source: Taylor Devices 10-Q on SEC EDGAR.