Filing Flows › Twin Disc (TWIN) › Q1 FY27 › vs Q4 FY26
Twin Disc (TWIN) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Twin Disc's revenue fell $25.7M (-22%) from $114M in Q4 FY26 to $88.7M in Q1 FY27. The biggest changes: Land Based Transmissions −$18.0M (-55%); Marine and Propulsion Systems −$8.4M (-13%); Industrial +$1.1M (+9%). Gross margin 28.7% against 26.3% (+2.3 pts).
Twin Disc, Q1 FY27: revenue $88.7M (+11% year over year), operating margin 5.2%, net earnings $3.4M, operating cash flow $11.5M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 28.7% | 26.3% | +2.3 pts |
| Operating margin | 5.2% | 6.8% | -1.7 pts |
| Net margin | 3.9% | 1.7% | +2.2 pts |
| Free cash flow margin | 6.5% | 15.0% | -8.5 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Marine and Propulsion Systems | $55.2M | $63.6M | −$8.4M | -13% |
| Land Based Transmissions | $15.0M | $33.0M | −$18.0M | -55% |
| Industrial | $14.0M | $12.9M | $1.1M | +9% |
| Other | $4.6M | $4.9M | −$329K | -7% |
| Revenue | $88.7M | $114M | −$25.7M | -22% |
| Gross profit | $25.4M | $30.1M | −$4.7M | -16% |
| Cost of revenue | $63.3M | $84.3M | −$21.0M | -25% |
| Operating profit | $4.6M | $7.8M | −$3.2M | -41% |
| Operating expenses | $20.9M | $22.3M | −$1.5M | -7% |
| Pre-tax earnings | $3.9M | $10.6M | −$6.7M | -63% |
| Other expense, net | $674K | −$2.8M | $3.5M | — |
| Net earnings | $3.4M | $1.9M | $1.5M | +81% |
| Minority interests | $42K | $49K | −$7K | -14% |
| Income tax | $415K | $8.7M | −$8.2M | -95% |
| Depreciation & amortization | $3.4M | $3.5M | −$122K | -3% |
| Working capital & other | $4.7M | $15.1M | −$10.5M | -69% |
| Operating cash flow | $11.5M | $20.6M | −$9.0M | -44% |
| Free cash flow (OCF − capex) | $5.7M | $17.2M | −$11.4M | -66% |
| Capital expenditures | $5.8M | $3.4M | $2.4M | +70% |
Questions
How much did Twin Disc's revenue grow quarter over quarter in Q1 FY27?
Twin Disc's revenue fell $25.7M (-22%) from $114M in Q4 FY26 to $88.7M in Q1 FY27.
What drove Twin Disc's revenue change in Q1 FY27?
Land Based Transmissions −$18.0M (-55%); Marine and Propulsion Systems −$8.4M (-13%); Industrial +$1.1M (+9%).