Filing Flows › Twin Disc (TWIN) › Q4 FY26
Twin Disc (TWIN) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Sep 4, 2026
Twin Disc (TWIN) reported revenue of $114M for the fourth quarter fiscal 2026 (Q4 FY26), +18% from a year earlier and +18% from the quarter before. Operating margin was 6.8%, net earnings $1.9M (1.7% of revenue).
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 follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $114M | +18% | +18% |
| Gross profit | $30.1M | +11% | -3% |
| Operating profit | $7.8M | +34% | +19% |
| Net earnings | $1.9M | -43% | -28% |
| Operating cash flow | $20.6M | +288% | +25% |
| Free cash flow | $17.2M | +880% | +96% |
What changed
Revenue was $114.4M in Q4 FY26, up 18% year over year and up 18% from the previous quarter. Marine and Propulsion Systems was the largest line at 56% of revenue.
Gross margin was 26.3%, down 6.0 points from Q4 FY25. Operating profit was $7.8M, a 6.8% margin (up 0.1 points year over year). Of the extra revenue versus Q4 FY25, 7% reached operating profit, above the 7% margin then. Operating expenses fell 10% while revenue rose 18%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $1.9M, down 28% year over year. The effective tax rate was 84.5%. Non-operating items added $4.8M, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $20.6M (up 25% year over year), 1056% of net income including minority interests. Non-cash charges added back $3.5M of depreciation and amortization. Working capital and other items added $15.1M. Capital expenditures of $3.4M left free cash flow of $17.2M.
Questions
What was Twin Disc's revenue in the fourth quarter fiscal 2026?
Twin Disc (TWIN) reported revenue of $114M for the fourth quarter fiscal 2026 (Q4 FY26), +18% from a year earlier and +18% from the quarter before.
Was Twin Disc profitable in the fourth quarter fiscal 2026?
Operating profit was $7.8M (6.8% of revenue) and net earnings $1.9M.
Source: Twin Disc 10-K on SEC EDGAR.