TAYLOR DEVICES ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS INCLUDING RECORD HIGH FIRM ORDER BACKLOG FOR FISCAL YEAR 2026

Taylor Devices (NASDAQ: TAYD) reported fourth-quarter fiscal 2026 sales of $8.95 million, down from $15.56 million a year earlier, with net income of $1.87 million versus $3.69 million.

Rhea-AI Summary

Taylor Devices (NASDAQ: TAYD) reported fourth-quarter fiscal 2026 sales of $8.95 million, down from $15.56 million a year earlier, with net income of $1.87 million versus $3.69 million. Full-year FY26 sales were $41.65 million, down from $46.29 million, and net income was $8.56 million compared with $9.41 million. Fourth-quarter EPS was $0.58 versus $1.17, and full-year EPS was $2.70 versus $3.01, on a slightly higher share count.

According to Taylor Devices, gross margin reached 44%, compared with 46% in the prior year. The company highlighted a record firm order backlog of $52.8 million, 92% in Aerospace/Defense, surpassing the prior record of $33.1 million, and noted a discrete $19 million order, the largest in its history.

Positive

• Record firm order backlog of $52.8M for FY26, up from $33.1M prior record
• Aerospace/Defense concentration: 92% of the $52.8M backlog in Aerospace/Defense products
• Largest single order in company history: discrete $19M order included in backlog
• Gross margin resilience: 44% in FY26 versus 46% in prior year despite lower sales

Negative

• Q4 sales decline: $8.95M versus $15.56M in prior-year Q4
• Full-year sales decline: $41.65M versus $46.29M in FY25
• Q4 net earnings decline: $1.87M versus $3.69M in prior-year Q4
• Full-year net earnings decline: $8.56M versus $9.41M in FY25
• Earnings per share lower: Q4 EPS $0.58 vs. $1.17; FY EPS $2.70 vs. $3.01
• Headwinds cited in Structural markets from higher interest rates and unfavorable foreign exchange

Argus Aug 18 session 3 alerts

+1.02% close to close 3.4x rel. volume Open Argus

Details

News Market Reaction – TAYD

+4.4% Peak Tracked

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$174.69M Market Cap

On Aug 18, the day this news came out, TAYD closed 1.02% above the previous close. Argus tracked a peak move of +4.4% during that session. Argus tracked a trough of -5.3% from its starting point during tracking. Our momentum scanner recorded 3 alerts for this stock that day. Relative volume reached 3.4x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 18 session.

Key Figures

Fourth-quarter sales: $8,954,650 Full-year sales: $41,649,673 Fourth-quarter net income: $1,866,826 +5 more

Fourth-quarter sales

$8,954,650

Fourth quarter FY26 vs. $15,561,154 in the prior year

Full-year sales

$41,649,673

Fiscal year FY26 vs. $46,292,725 in the prior year

Fourth-quarter net income

$1,866,826

Fourth quarter FY26 vs. $3,688,076 in the prior year

Full-year net income

$8,563,674

Fiscal year FY26 vs. $9,413,136 in the prior year

Full-year EPS

$2.70

Fiscal year FY26 vs. $3.01 in the prior year

Gross margin

44%

FY26 vs. 46% in the prior year

Firm order backlog

$52.8M

Fiscal year FY26 record backlog

Largest single order

$19M

Discrete order included in the FY26 backlog

Historical Context

2 past events · Latest: Jul 07

2 events

1. Jul 07

   Airshow exhibition

   24h Move

   -0.1%

   First-ever Farnborough airshow exhibition highlighting landing gear capabilities and development work.

2. Mar 31

   Quarterly results

   24h Move

   -20.9%

   Record nine-month sales and earnings were reported despite a reduced firm order backlog.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NORTH TONAWANDA, N.Y., Aug. 18, 2026 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: TAYD) announced today that it had 4^th quarter sales of $8,954,650, down from last year's 4^th quarter sales of $15,561,154.  Sales for the full year of $41,649,673 were also down from last year's level of $46,292,725.

Net income for the 4^th quarter of $1,866,826 was down from last year's 4^th quarter net income of $3,688,076 with net income for the fiscal year of $8,563,674, also down from last year's fiscal year net income of $9,413,136.

"Our FY26 4^th quarter and full year sales finished behind last year's record high levels due primarily to our customers delayed order placement timing which in turn pushed the opportunity to convert those orders into sales out of our fiscal year," said Tim Sopko, CEO.  He continued, "Year-on-year net income for both the 4^th quarter and full year finished lower also as a result of the lower sales volume, particularly in our non-Aerospace/Defense markets, Structural and Industrial."  He further commented, "Despite the lower sales volume, our team did an excellent job managing costs this past year as evidenced by the gross margin as a percentage of sales at 44% which is only 2% lower than the 46% achieved in the prior year."  He continued, "While the headwinds due to higher interest rates and unfavorable foreign exchange rates continued in our Structural markets, positive momentum in our Aerospace/Defense markets more than offset that dynamic as can be seen by our firm order backlog of $52.8M, of which 92% is for our Aerospace/Defense products."  He further commented, "This not only sets a new high record for our company's firm order backlog in a fiscal year vs. the prior record of $33.1M set in FY24 but also includes a discrete $19M order which is also the largest single order in our company's history."  He concluded, "As we enter FY27, with our fully operational New Product Development Lab, we will continue to invest in our team, technologies and facilities which we expect will continue to support our profitable growth going forward."

Taylor Devices, Inc. is a 71-year-old company engaged in the design, development, manufacture & marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment & structures.  The company continues to target growth in the domestic Aerospace and Defense market as well as global Structural Construction and Industrial markets.

4th Quarter (3 months ended 05/31/26 & 5/31/25)	F/Y 26	F/Y 25
Sales	$   8,954,650	$   15,561,154
Net Earnings	$   1,866,826	$     3,688,076
Earnings per Share	$            0.58	$              1.17
Shares Outstanding	3,206,189	3,140,755

 

Fiscal Year	F/Y 26	F/Y 25
Sales	$   41,649,673	$   46,292,725
Net Earnings	$     8,563,674	$     9,413,136
Earnings per Share	$              2.70	$              3.01
Shares Outstanding	3,170,439	3,131,134

Taylor's website can be visited at:  www.taylordevices.com ; with company newsletters and other pertinent information at www.taylordevices.com/investors.

Taylor Devices, Inc.

Contact:	Artie Regan
	Regan & Associates, Inc.
	(212) 587-3005 (phone)
	(212) 587-3006 (fax)
	main@reganproxy.com

View original content:https://www.prnewswire.com/news-releases/taylor-devices-announces-fourth-quarter-and-full-year-results-including-record-high-firm-order-backlog-for-fiscal-year-2026-302854061.html

SOURCE Taylor Devices, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How did Taylor Devices (TAYD) perform in Q4 of fiscal 2026?

Taylor Devices reported Q4 FY26 sales of $8.95 million and net income of $1.87 million. According to Taylor Devices, both metrics declined from prior-year Q4 levels of $15.56 million in sales and $3.69 million in net income, with earnings per share falling to $0.58.

What were Taylor Devices’ full-year fiscal 2026 results for TAYD?

For FY26, Taylor Devices reported sales of $41.65 million and net income of $8.56 million. According to Taylor Devices, this compares with FY25 sales of $46.29 million and net income of $9.41 million, with earnings per share decreasing from $3.01 to $2.70.

What is the size and composition of Taylor Devices’ firm order backlog for FY26 (TAYD)?

Taylor Devices reported a record firm order backlog of $52.8 million for FY26. According to Taylor Devices, approximately 92% of this backlog relates to Aerospace/Defense products, surpassing the previous backlog record of $33.1 million set in FY24 and signaling strong demand in that segment.

Did Taylor Devices (TAYD) receive any significant individual orders in fiscal 2026?

Yes, Taylor Devices’ FY26 backlog includes a discrete $19 million order, the largest in its history. According to Taylor Devices, this record single order is part of the $52.8 million firm backlog and contributes to the company’s higher Aerospace/Defense order book entering FY27.

How did Taylor Devices’ gross margin and market conditions affect FY26 results for TAYD?

Taylor Devices reported a FY26 gross margin of 44%, slightly below the prior year’s 46%. According to Taylor Devices, cost management helped sustain margins despite lower sales, while Structural markets faced headwinds from higher interest rates and unfavorable foreign exchange, partly offset by Aerospace/Defense momentum.