Filing Flows › Twin Disc (TWIN) › Q3 FY25
Twin Disc (TWIN) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 7, 2025
Twin Disc (TWIN) reported revenue of $81.2M for the third quarter fiscal 2025 (Q3 FY25), +10% from a year earlier and -10% from the quarter before. Operating margin was 2.4%, net loss $1.4M (1.8% of revenue).
Twin Disc, Q3 FY25: revenue $81.2M (+10% year over year), operating margin 2.4%, net loss $1.4M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $81.2M | -10% | +10% |
| Operating profit | $1.9M | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | $3.2M | -63% | -48% |
| Free cash flow | $906K | -85% | -78% |
What changed
Revenue was $81.2M in Q3 FY25, up 10% year over year and down 10% from the previous quarter. Marine and Propulsion Systems was the largest line at 61% of revenue. Marine and Propulsion Systems added $4.1M year over year (up 9%), 57% of the total change. Land Based Transmissions declined 7%.
Gross margin was 26.7%, down 1.5 points from a year earlier. Operating profit was $1.9M, a 2.4% margin (down 2.5 points year over year). Operating profit fell $1.7M even though revenue rose $7.1M versus a year earlier, so costs grew faster than sales. Operating expenses grew 14% against revenue growth of 10%. The quarter ended with a net loss of $1.4M, after a profit of $1.1M the previous quarter. Net interest and other expense of $2.2M was the main reason.
Operating cash flow was $3.2M (down 48% year over year). Non-cash charges added back $3.7M of depreciation and amortization. Working capital and other items added $1.0M. Capital expenditures of $2.3M left free cash flow of $906K.
Questions
What was Twin Disc's revenue in the third quarter fiscal 2025?
Twin Disc (TWIN) reported revenue of $81.2M for the third quarter fiscal 2025 (Q3 FY25), +10% from a year earlier and -10% from the quarter before.
Was Twin Disc profitable in the third quarter fiscal 2025?
Operating profit was $1.9M (2.4% of revenue) and net loss $1.4M.
Source: Twin Disc 10-Q on SEC EDGAR.