Filing Flows › Twin Disc (TWIN) › Q4 FY26 › vs Q3 FY26
Twin Disc (TWIN) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Twin Disc's revenue rose $17.7M (+18%) from $96.7M in Q3 FY26 to $114M in Q4 FY26. The biggest changes: Land Based Transmissions +$11.2M (+52%); Marine and Propulsion Systems +$4.4M (+8%); Industrial +$1.7M (+15%). Gross margin 26.3% against 28.1% (-1.7 pts).
Twin Disc, Q4 FY26: revenue $114M (+18% year over year), operating margin 6.8%, net earnings $1.9M, operating cash flow $20.6M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 26.3% | 28.1% | -1.7 pts |
| Operating margin | 6.8% | 6.0% | +0.8 pts |
| Net margin | 1.7% | 3.4% | -1.8 pts |
| Free cash flow margin | 15.0% | 1.8% | +13.2 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Marine and Propulsion Systems | $63.6M | $59.1M | $4.4M | +8% |
| Land Based Transmissions | $33.0M | $21.7M | $11.2M | +52% |
| Industrial | $12.9M | $11.2M | $1.7M | +15% |
| Other | $4.9M | $4.6M | $292K | +6% |
| Revenue | $114M | $96.7M | $17.7M | +18% |
| Gross profit | $30.1M | $27.1M | $3.0M | +11% |
| Cost of revenue | $84.3M | $69.6M | $14.7M | +21% |
| Other income, net | $4.8M | −$4.1M | $8.9M | — |
| Operating profit | $7.8M | $5.8M | $2.0M | +34% |
| Operating expenses | $22.3M | $21.3M | $1.0M | +5% |
| Pre-tax earnings | $12.6M | $1.7M | $10.9M | +632% |
| Net earnings | $1.9M | $3.3M | −$1.4M | -43% |
| Minority interests | $49K | $231K | −$182K | -79% |
| Income tax | $10.6M | −$1.8M | $12.5M | — |
| Depreciation & amortization | $3.5M | $3.4M | $96K | +3% |
| Working capital & other | $15.1M | −$1.4M | $16.6M | — |
| Operating cash flow | $20.6M | $5.3M | $15.3M | +288% |
| Free cash flow (OCF − capex) | $17.2M | $1.8M | $15.4M | +880% |
| Capital expenditures | $3.4M | $3.6M | −$149K | -4% |
Questions
How much did Twin Disc's revenue grow quarter over quarter in Q4 FY26?
Twin Disc's revenue rose $17.7M (+18%) from $96.7M in Q3 FY26 to $114M in Q4 FY26.
What drove Twin Disc's revenue change in Q4 FY26?
Land Based Transmissions +$11.2M (+52%); Marine and Propulsion Systems +$4.4M (+8%); Industrial +$1.7M (+15%).