Filing Flows › Twin Disc (TWIN) › Q2 FY26
Twin Disc (TWIN) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 4, 2026
Twin Disc (TWIN) reported revenue of $90.2M for the second quarter fiscal 2026 (Q2 FY26), +0.3% from a year earlier and +13% from the quarter before. Operating margin was 2.3%, net earnings $22.4M (24.8% of revenue).
Twin Disc, Q2 FY26: revenue $90.2M (+0.3% year over year), operating margin 2.3%, net earnings $22.4M, operating cash flow $4.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $90.2M | +13% | +0.3% |
| Gross profit | $22.4M | -2% | +3% |
| Operating profit | $2.1M | -7% | -24% |
| Net earnings | $22.4M | — | 24× |
| Operating cash flow | $4.6M | — | -47% |
| Free cash flow | $1.2M | — | -79% |
What changed
Revenue was $90.2M in Q2 FY26, roughly flat year over year and up 13% from the previous quarter. Marine and Propulsion Systems was the largest line at 63% of revenue. Industrial added $2.1M year over year (up 22%), 803% of the total change. Land Based Transmissions declined 8%.
Gross margin was 24.8%, up 0.7 points from a year earlier. Operating profit was $2.1M, a 2.3% margin (down 0.8 points year over year). Operating profit fell $673K even though revenue rose $259K versus a year earlier, so costs grew faster than sales. Operating expenses grew 7% against flat revenue. Net earnings were $22.4M, up 2334% year over year. The tax line was a benefit of $21.8M on pre-tax earnings of $698K.
Operating cash flow was $4.6M (down 47% year over year), 20% of net earnings. Non-cash charges added back $3.3M of depreciation and amortization. Working capital and other items used $21.3M. Capital expenditures of $3.3M left free cash flow of $1.2M.
Questions
What was Twin Disc's revenue in the second quarter fiscal 2026?
Twin Disc (TWIN) reported revenue of $90.2M for the second quarter fiscal 2026 (Q2 FY26), +0.3% from a year earlier and +13% from the quarter before.
Was Twin Disc profitable in the second quarter fiscal 2026?
Operating profit was $2.1M (2.3% of revenue) and net earnings $22.4M.
Source: Twin Disc 10-Q on SEC EDGAR.