Filing Flows › Twin Disc (TWIN) › Q1 FY26
Twin Disc (TWIN) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Nov 5, 2025
Twin Disc (TWIN) reported revenue of $80.0M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and -17% from the quarter before. Operating margin was 2.8%, net loss $412K (0.5% of revenue).
Twin Disc, Q1 FY26: revenue $80.0M (+10% year over year), operating margin 2.8%, net loss $412K, operating cash flow −$7.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.0M | -17% | +10% |
| Operating profit | $2.2M | -66% | — |
| Net earnings | −$412K | -129% | — |
| Operating cash flow | −$7.5M | -146% | — |
What changed
Revenue was $80.0M in Q1 FY26, up 10% year over year and down 17% from the previous quarter. Marine and Propulsion Systems was the largest line at 60% of revenue. Marine and Propulsion Systems added $6.1M year over year (up 15%), 86% of the total change. Other declined 12%.
Gross margin was 28.7%, up 2.2 points from a year earlier. Operating profit was $2.2M, a 2.8% margin (up 3.0 points year over year). Operating expenses grew 6% against revenue growth of 10%. The quarter ended with a net loss of $412K, after a profit of $1.5M the previous quarter. Net interest and other expense of $1.7M was the main reason.
Operating cash flow was −$7.5M. Non-cash charges added back $3.5M of depreciation and amortization. Working capital and other items used $10.6M. Capital expenditures of $3.4M exceeded it, leaving free cash flow of −$11.0M.
Questions
What was Twin Disc's revenue in the first quarter fiscal 2026?
Twin Disc (TWIN) reported revenue of $80.0M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and -17% from the quarter before.
Was Twin Disc profitable in the first quarter fiscal 2026?
Operating profit was $2.2M (2.8% of revenue) and net loss $412K.
Source: Twin Disc 10-Q on SEC EDGAR.