Every 10-Q that Taylor Devices Inc (TAYD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TAYD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TAYD filings page.
Taylor Devices, Inc. (TAYD) reported lower sales and earnings for the three months ended August 31, 2026. Net sales were $7,300,000, down 26% from $9,918,000 a year earlier; management attributed the decline to booking and backlog-conversion timing. Net income fell 79% to $456,933 from $2,190,084, and basic and diluted earnings per share were $0.14 versus $0.70. Gross profit was 30% of sales compared with 45%, while operating income was $38,454, down 98.3% from $2,245,267.
At August 31, 2026, backlog was $55.2 million across 151 open orders, versus $27.9 million across 127 orders as of August 31, 2025; it included a $19.0 million non-project order. Taylor Devices expects to recognize most remaining backlog revenue in the current fiscal year and the balance in the fiscal year ending May 31, 2028. Net cash from operating activities was $7,786,539, compared with $483,628 a year earlier. Cash and cash equivalents were $3,600,212, and short-term investments were $45,478,228. Capital expenditure commitments totaled $1,928,000 for the next 12 months.
Taylor Devices, Inc. reported higher sales and earnings for the nine months ended February 28, 2026. Net revenue grew to $32.7 million from $30.7 million, while net income rose to $6.7 million from $5.7 million, and earnings per share increased to $2.12 from $1.83.
Gross margin dipped slightly to 44% from 45% as cost of goods sold rose faster than revenue, but lower selling, general and administrative expenses helped lift operating income to $6.8 million from $5.9 million. Revenue mix shifted further toward aerospace/defense customers, which represented 66% of nine‑month sales, with structural and industrial customers lower.
The company’s balance sheet remained strong, with cash and cash equivalents of $2.5 million and short‑term investments of $39.2 million. Inventory and maintenance inventory together declined about 10% year over year, while order backlog fell from $33.3 million to $20.8 million, which management attributes to timing of backlog conversion to revenue.
Taylor Devices, Inc. reported lower results for the quarter ended August 31, 2025. Net sales were about $9.9 million, down from roughly $11.6 million a year earlier, mainly from weaker long-term project activity and a sharp drop in Asia sales. Net income was $2.19 million, compared with $2.67 million, and earnings per share fell to $0.70 from $0.85 as gross margin slipped to 45% from 47%.
The company remains debt-free with a strong balance sheet, holding $2.2 million in cash and $34.2 million in short-term investments, and total stockholders’ equity of $64.3 million. Backlog was $27.9 million on 127 open orders, slightly below the $28.4 million level a year earlier but above the prior year-end. Operating cash flow turned positive at $0.5 million, and the company plans about $2.75 million in capital spending over the next twelve months while not providing for dividends or profit sharing this fiscal year.