Twin Disc Inc income statement
In fiscal 2026, Twin Disc Inc reported revenue of $381m, up 11.9% on the year before, operating income of $18.0m (a 4.7% margin) and net income of $27.1m, or $1.86 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jun 2010 | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 228 | 310 | 356 | 285 | 264 | 266 | 166 | 168 | 241 | 303 | 247 | 219 | 243 | 277 | 295 | 341 | 381 |
| Cost of revenue | — | — | — | — | — | — | 126 | 120 | 160 | 213 | 191 | 168 | 174 | 203 | 212 | 247 | 279 |
| Gross profit | 60 | 108 | 122 | 80 | 77 | 83 | 41 | 48 | 81 | 90 | 56 | 51 | 69 | 74 | 83 | 94 | 103 |
| Research and development | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Selling, general and administrative | — | — | 73 | 68 | 67 | 64 | 57 | 53 | 61 | 72 | 63 | 56 | 60 | 62 | 72 | 82 | 84 |
| Operating income | 3 | 35 | 45 | 10 | 9 | 15 | −25 | −9 | 16 | 18 | −40 | −12 | 11 | 16 | 11 | 11 | 18 |
| Interest expense | 2 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 1 | 3 | 3 |
| Income before tax | 2 | 32 | 45 | 9 | 8 | 16 | −25 | −10 | 14 | 15 | −44 | −10 | 13 | 14 | 15 | 3 | 14 |
| Income tax | 1 | 14 | 18 | 5 | 4 | 5 | −12 | −3 | 5 | 4 | −4 | 20 | 2 | 4 | 4 | 3 | −14 |
| Net income | 1 | 18 | 27 | 4 | 4 | 11 | −13 | −6 | 10 | 11 | −40 | −30 | 10 | 10 | 11 | −1 | 27 |
| Diluted EPS | $0.05 | $1.57 | $2.31 | $0.34 | $0.32 | $0.99 | −$1.17 | −$0.56 | $0.82 | $0.83 | −$3.03 | −$2.24 | $0.78 | $0.75 | $0.79 | −$0.05 | $1.86 |
| Diluted shares (average) | 11m | 11m | 12m | 11m | 11m | 11m | 11m | 11m | 11m | 13m | 13m | 13m | 13m | 14m | 14m | 14m | 15m |
| EBITDA | 13 | 45 | 56 | 21 | 20 | 26 | −16 | −2 | 23 | 28 | −28 | −1 | 21 | 25 | 21 | 26 | 32 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 73 | 90 | 81 | 97 | 80 | 90 | 97 | 114 |
| Cost of revenue | 54 | 68 | 60 | 65 | 57 | 68 | 70 | 84 |
| Gross profit | 19 | 22 | 22 | 31 | 23 | 22 | 27 | 30 |
| Selling, general and administrative | 19 | 19 | 20 | 24 | 21 | 21 | 21 | 22 |
| Operating income | −0 | 3 | 2 | 2 | 2 | 2 | 1 | 8 |
| Interest expense | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | −2 | 3 | −0 | 3 | 1 | 1 | 5 | 7 |
| Income tax | 1 | 2 | 1 | 0 | −1 | 14 | −2 | 2 |
| Net income | −3 | 1 | −1 | 3 | −1 | 15 | 3 | 9 |
| Diluted EPS | −$0.20 | $0.07 | −$0.11 | $0.19 | −$0.04 | $1.04 | $0.23 | $0.64 |
| EBITDA | 3 | 6 | 6 | 7 | 6 | 5 | 5 | 11 |
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