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Taylor Devices (TAYD) investor relations material
Taylor Devices Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary31 Dec, 2025
Executive summary
Net revenue for the six months ended November 30, 2025 increased 7% year-over-year, with net income up 13% over the same period.
The quarter saw a 36% increase in net revenue and a 90% increase in net income compared to the prior year quarter.
Domestic sales rose significantly, while international sales declined, reflecting shifts in project activity.
Financial highlights
Six-month net revenue: $21.5M (up 7%); net income: $4.2M (up 13%).
Three-month net revenue: $11.6M (up 36%); net income: $2.0M (up 90%).
Gross margin for the six months was 46% (down 1pp); for the quarter, 47% (up 2pp).
Operating income for six months: $4.5M (up from $3.8M); for the quarter: $2.2M (up from $0.9M).
Earnings per share for six months: $1.33 (up from $1.19); for the quarter: $0.64 (up from $0.34).
Outlook and guidance
Majority of $25.1M backlog expected to be recognized as revenue in fiscal 2026 and 2027.
Backlog decreased from $34.5M to $25.1M year-over-year, with $7.0M on projects already in progress.
Backlog decline impact on FY26/27 revenue
Capacity expansion strategy details
R&D increase and obsolescence link
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Next Taylor Devices earnings date
Q3 202631 Mar, 2026
Next Taylor Devices earnings date
Q3 202631 Mar, 2026
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Frequently asked questions
Taylor Devices Inc. specializes in the design, development, manufacture, and marketing of advanced shock absorption, rate control, and energy storage devices. The company's products serve a wide range of industries, including aerospace, defense, industrial, nuclear, and structural engineering. Notable products include seismic dampers, which reduce earthquake impacts on buildings; Fluidicshoks, compact shock absorbers used in defense and aerospace applications; and crane buffers, designed for heavy industrial use. Taylor Devices also produces self-adjusting shock absorbers, liquid die springs, vibration dampers, and custom actuators, primarily for aerospace and defense. The company is headquartered in North Tonawanda, New York, and its shares are listed on the NASDAQ.
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