Filing Flows › Twin Disc (TWIN) › Q1 FY27
Twin Disc (TWIN) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 4, 2026
Twin Disc (TWIN) reported revenue of $88.7M for the first quarter fiscal 2027 (Q1 FY27), +11% from a year earlier and -22% from the quarter before. Operating margin was 5.2%, net earnings $3.4M (3.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $88.7M | -22% | +11% |
| Gross profit | $25.4M | -16% | +11% |
| Operating profit | $4.6M | -41% | +105% |
| Net earnings | $3.4M | +81% | — |
| Operating cash flow | $11.5M | -44% | — |
| Free cash flow | $5.7M | -66% | — |
What changed
Revenue was $88.7M in Q1 FY27, up 11% year over year and down 22% from the previous quarter. Marine and Propulsion Systems was the largest line at 62% of revenue. Marine and Propulsion Systems added $6.9M year over year (up 14%), 79% of the total change. Land Based Transmissions declined 15%.
Gross margin was 28.7%, unchanged from Q1 FY26. Operating profit was $4.6M, a 5.2% margin (up 2.4 points year over year). Of the extra revenue versus Q1 FY26, 27% reached operating profit, above the 3% margin then. Operating expenses grew 1% against revenue growth of 11%. Net earnings were $3.4M. The effective tax rate was 10.6%.
Operating cash flow was $11.5M, 331% of net earnings. Non-cash charges added back $3.4M of depreciation and amortization. Working capital and other items added $4.6M. Capital expenditures of $5.8M left free cash flow of $5.7M.
Questions
What was Twin Disc's revenue in the first quarter fiscal 2027?
Twin Disc (TWIN) reported revenue of $88.7M for the first quarter fiscal 2027 (Q1 FY27), +11% from a year earlier and -22% from the quarter before.
Was Twin Disc profitable in the first quarter fiscal 2027?
Operating profit was $4.6M (5.2% of revenue) and net earnings $3.4M.
Source: Twin Disc 10-Q on SEC EDGAR.