Twin Disc, Incorporated filed a Form 10-Q with the U.S. Securities and Exchange Commission on November 4, 2026, reporting results for the fiscal first quarter ended September 25, 2026.

Key Highlights

  • Net sales of $88,745 thousand for the quarter ended September 25, 2026, compared with $79,996 thousand in the prior-year quarter.
  • Net income attributable to Twin Disc of $3,445 thousand versus a net loss of $518 thousand in the same quarter a year earlier.
  • Basic and diluted earnings per share of $0.24 for the quarter, compared with a loss per share of $0.04 in the prior-year period.
  • Cash increased to $26,728 thousand at September 25, 2026, from $16,029 thousand at June 30, 2026.
  • Dividends of $0.05 per share were declared for the quarter, up from $0.04 in the year-ago quarter.
  • 14,538,916 shares of common stock were outstanding as of October 27, 2026.

Twin Disc Reports First-Quarter Fiscal 2027 Financial Results

According to the filing, Twin Disc, Incorporated (NASDAQ:TWIN) reported net sales of $88,745 thousand for the fiscal first quarter ended September 25, 2026, an increase from $79,996 thousand in the comparable prior-year quarter. Gross profit rose to $25,426 thousand from $22,934 thousand, while marketing, engineering and administrative expenses were $20,845 thousand, compared with $20,699 thousand a year earlier. The company also reported restructuring expenses of $52 thousand in the current quarter, with none recorded in the prior-year period.

Income from operations was $4,576 thousand for the quarter, up from $2,235 thousand in the year-ago quarter, the filing disclosed. Interest expense declined to $428 thousand from $800 thousand. Income before income taxes and noncontrolling interest was $3,902 thousand, against $571 thousand in the prior-year quarter. After an income tax expense of $415 thousand, the company reported net income of $3,487 thousand, compared with a net loss of $412 thousand a year earlier. Net income attributable to Twin Disc was $3,445 thousand, versus a net loss of $518 thousand in the prior-year period.

On the balance sheet, total assets were $405,189 thousand at September 25, 2026, compared with $401,245 thousand at June 30, 2026, according to the filing. Long-term debt rose to $38,295 thousand from $28,310 thousand over the same period. Net cash provided by operating activities was $11,532 thousand for the quarter, compared with net cash used of $7,524 thousand in the prior-year quarter. Capital expenditures were $5,784 thousand, up from $3,430 thousand a year earlier.

What Was Disclosed

Twin Disc filed its quarterly report covering the period ended September 25, 2026, disclosing income statement, balance sheet, and cash flow data, along with share count, dividends per share, and notes on basis of presentation and recently issued accounting standards.