TWIN DISC INC 8K

Twin Disc, Inc. announced strong Q4 and fiscal 2026 results, a shift to profitability, and a change in inventory accounting from LIFO to FIFO, supported by solid backlog and a new $90 million credit facility.

Twin Disc, Inc. reported its financial results for the fourth quarter and full fiscal year ended June 30, 2026, highlighting double‑digit sales growth (full‑year sales up 11.9% to $381.3 million and Q4 sales up 18.3% to $114.4 million), a swing to profitability with fiscal 2026 net income attributable to Twin Disc of $27.1 million versus a loss in 2025 (aided by a $14.0 million tax valuation allowance reversal), strong EBITDA and free cash flow generation, and a six‑month backlog of $178.3 million, while also disclosing a change in inventory accounting from LIFO to FIFO that increased prior‑year inventory by $32.1 million and required recasting of historical financial information; management cited strength in Marine and Propulsion and Land‑Based Transmissions, robust defense demand, and a new $90 million credit facility as positioning the company for continued growth and margin improvement heading into fiscal 2027.

Filing Facts

CIK

100378

Ticker

-

Form

8K

Source Type

sec

Accession

0001437749-26-028596

Alert Tier

7