Twin Disc first quarter revenue of $88.7M beat estimates while backlog reached $190.6M

Twin Disc reported strong top-line growth for the first quarter of fiscal 2027, with revenue significantly exceeding analyst expectations. While diluted EPS of $0.24 trailed the consensus estimate, the company achieved a record six-month backlog driven by robust demand in the defense and energy sectors.

Key Highlights

• Sales increased 10.9% year-over-year to $88.7 million, or 11.8% on an organic basis, driven by the Veth product line and defense sector demand.
• The six-month backlog rose to $190.6 million, a 7% increase from the end of fiscal 2026, supported by Finnish subsidiary Katsa and U.S. Navy unmanned vessel programs.
• EBITDA surged 62.6% to $7.7 million, reflecting improved operating income and reduced interest expenses.
• Gross margin remained steady at 28.7%, as favorable product mix in Land-Based Transmissions offset lower-margin growth from recent acquisitions.