Taylor Devices (TAYD) Q4 2026 earnings summary

Executive summary

• Fourth quarter sales were $8.95M, a decrease from $15.56M in the same quarter last year.

• Full year sales reached $41.65M, down from $46.29M year-over-year.

• Net income for the quarter was $1.87M, compared to $3.69M last year; full year net income was $8.56M, down from $9.41M.

• Lower sales attributed to delayed customer orders, especially in non-Aerospace/Defense markets.

Financial highlights

• Gross margin as a percentage of sales was 44%, only 2% lower than the prior year's 46%.

• Earnings per share for the quarter were $0.58, down from $1.17; full year EPS was $2.70, down from $3.01.

• Shares outstanding for the year were 3,170,439, up slightly from 3,131,134.

Outlook and guidance

• Entering FY27 with a record firm order backlog of $52.8M, 92% of which is for Aerospace/Defense products.

• Largest single order in company history included in backlog at $19M.

• Continued investment planned in team, technology, and facilities to support future growth.