Filing Flows › Twin Disc (TWIN) › Q3 FY26
Twin Disc (TWIN) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 6, 2026
Twin Disc (TWIN) reported revenue of $96.7M for the third quarter fiscal 2026 (Q3 FY26), +19% from a year earlier and +7% from the quarter before. Operating margin was 6.0%, net earnings $3.3M (3.4% of revenue).
Twin Disc, Q3 FY26: revenue $96.7M (+19% year over year), operating margin 6.0%, net earnings $3.3M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $96.7M | +7% | +19% |
| Gross profit | $27.1M | +21% | +25% |
| Operating profit | $5.8M | +179% | +199% |
| Net earnings | $3.3M | -85% | — |
| Operating cash flow | $5.3M | +16% | +65% |
| Free cash flow | $1.8M | +42% | +93% |
What changed
Revenue was $96.7M in Q3 FY26, up 19% year over year and up 7% from the previous quarter. Marine and Propulsion Systems was the largest line at 61% of revenue. Marine and Propulsion Systems added $9.8M year over year (up 20%), 64% of the total change.
Gross margin was 28.1%, up 1.3 points from Q3 FY25. Operating profit was $5.8M, a 6.0% margin (up 3.6 points year over year). Of the extra revenue versus Q3 FY25, 25% reached operating profit, above the 2% margin then. Operating expenses grew 8% against revenue growth of 19%. Net earnings were $3.3M. The effective tax rate was 34.1%.
Operating cash flow was $5.3M (up 65% year over year), 149% of net income including minority interests. Non-cash charges added back $3.4M of depreciation and amortization. Working capital and other items used $1.7M. Capital expenditures of $3.6M left free cash flow of $1.8M.
Questions
What was Twin Disc's revenue in the third quarter fiscal 2026?
Twin Disc (TWIN) reported revenue of $96.7M for the third quarter fiscal 2026 (Q3 FY26), +19% from a year earlier and +7% from the quarter before.
Was Twin Disc profitable in the third quarter fiscal 2026?
Operating profit was $5.8M (6.0% of revenue) and net earnings $3.3M.
Source: Twin Disc 10-Q on SEC EDGAR.