Every 8-K that Twin Disc, Incorporated (TWIN) 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 8-K covers material events a company has to report between its quarterly reports, so if you follow TWIN 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 TWIN filings page.
TWIN DISC INC (TWIN) reported that its executive officers plan to use a new investor presentation with investors, analysts, and at conferences on or after August 25, 2026, and has furnished these materials as Exhibit 99.1. The same materials will also be posted on the company’s website.
The company notes that the presentation includes certain non-GAAP financial measures, which management uses to analyze performance and believes provide useful supplemental information, though they are not a substitute for GAAP results. The information is furnished under Regulation FD and is not deemed filed or incorporated by reference, and the presentation contains forward-looking statements subject to risks described in the company’s SEC reports, including its Form 10-K for the year ended June 30, 2025.
TWIN DISC INC (TWIN) reported that its executive officers plan to use a new investor presentation at meetings with investors, analysts, and conferences on or after August 20, 2026. The presentation is furnished as Exhibit 99.1 and will also be posted on the company’s website.
The presentation includes non-GAAP financial measures that management uses to analyze performance and believes provide useful supplemental information, though they are not a substitute for GAAP results. The information is furnished under a Regulation FD disclosure and is not deemed filed or incorporated by reference into Securities Act or Exchange Act filings, unless specifically referenced. The presentation also contains forward-looking statements subject to risks and uncertainties described in the company’s SEC filings, including its Annual Report on Form 10-K for the year ended June 30, 2025.
Twin Disc, Inc. (TWIN) reported strong results for the fourth quarter and full fiscal year ended June 30, 2026. Full-year sales rose 11.9% to $381.3 million, driven by Marine and Propulsion Systems, Land-Based Transmissions, and a stabilizing Industrial segment. Organic net sales grew 4.6%. Fourth-quarter sales increased 18.3% to $114.4 million, reflecting record quarterly revenue.
Full-year net income attributable to Twin Disc was $27.1 million, or $1.86 per diluted share, compared with a prior-year loss of $0.05 per diluted share, aided by a $14.0 million income tax benefit from reversing a domestic valuation allowance. EBITDA grew 48.0% to $29.9 million for the year and 35.1% to $11.1 million in the quarter. Free cash flow reached $9.2 million for the year and $17.2 million in the quarter.
Gross margin was mixed: full-year margin dipped about 70 bps to 26.9%, and fourth-quarter margin declined about 600 bps to 26.3%, mainly from product mix, tariff dilution, and a favorable prior-year adjustment. The company changed certain inventories from LIFO to FIFO, increasing prior-year inventory by $32.1 million and prior-year gross profit by about $1.2 million. Six-month backlog held roughly steady at $178.3 million. Cash was $16.0 million, total debt fell to $29.8 million, and net debt improved to $13.8 million, supported by a new $90 million credit facility for growth.
Twin Disc, Incorporated approved an amended and restated 2021 Omnibus Incentive Plan, increasing the common shares available for equity awards from 1,636,550 to 2,336,550, an increase of 700,000 shares. The plan covers a wide range of stock- and performance-based awards for officers, key employees, consultants and non-employee directors. Newly authorized equity cannot be issued until shareholders approve the plan, which the company intends to seek at the next annual meeting; if not approved by August 5, 2027, the prior version remains in effect.
The Compensation and Human Capital Committee set fiscal 2027 base salaries and bonus targets for CEO John H. Batten and CFO Jeffrey S. Knutson, each receiving a 4.0% salary increase effective with the first pay period including October 1, 2026. Batten’s base salary is $740,554 with a 100% target bonus; Knutson’s is $454,480 with a 60% target bonus under the Corporate Incentive Plan, where payouts can reach up to 200% of target based on financial and individual performance metrics.
On August 5, 2026, Batten received 18,756 restricted shares and a target of 28,135 performance shares; Knutson received 8,734 restricted shares and a target of 13,100 performance shares. Restricted stock vests after three years of continued employment. Performance shares for the three-year period ending June 30, 2029 are tied 50% to average return on invested capital and 50% to cumulative EBITDA, with potential payout from 0% to 200% of target; the maximum combined performance shares that can be earned by the named executive officers is 82,470.
Twin Disc, Incorporated entered into a new Credit Agreement with Bank of Montreal and JPMorgan Chase Bank, N.A. that refinances its prior facility. The lenders provided Term Loans with an aggregate principal amount of $30,000,000, maturing on June 30, 2031, with required quarterly principal payments that step up over time.
The agreement also provides a Revolving Credit Commitment of up to $60,000,000, including a $5,000,000 swing line sublimit and a $4,000,000 letter of credit sublimit, available until the same 2031 termination date. Interest is based on SOFR, EURIBOR, CORRA or a base/prime rate plus an applicable margin tied to the company’s total funded debt to EBITDA ratio.
Borrowings are secured by substantially all personal property of Twin Disc and Kobelt, along with a pledge of 65% of equity in certain foreign subsidiaries, and are supported by a suite of amended and restated security, pledge, and negative pledge agreements. In an event of default, lenders can accelerate all obligations and require cash collateralization of letter-of-credit exposure.
Twin Disc, Incorporated furnished investor presentation materials as Exhibit 99.1 for use in meetings with investors, analysts, and at conferences on and after May 6, 2026. The materials will also be posted on the company’s website.
The presentation includes financial information using non-GAAP measures that management relies on to analyze performance and to explain the results of the company’s core businesses. The information is furnished under Item 7.01 and is not deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference unless specifically stated. The presentation also contains forward-looking statements, with risk factors referenced from the company’s Form 10-K for the year ended June 30, 2025.
Twin Disc, Inc. reported a much stronger fiscal third quarter 2026, with net sales rising 19.0% year-over-year to $96.7 million, driven mainly by Marine and Propulsion Systems and Veth products. Gross margin improved to 28.1%, up 134 basis points from the prior-year quarter.
The company swung to profitability, posting net income attributable to Twin Disc of $3.3 million, or $0.23 per diluted share, compared with a $1.5 million loss, or ($0.11) per share, a year ago. EBITDA increased to $9.4 million, up 135.1% year-over-year, reflecting higher volume and margin initiatives.
Twin Disc generated operating cash flow of $5.3 million and free cash flow of $1.8 million in the quarter. The six-month backlog reached $179.5 million, modestly above the prior quarter, while net debt rose to $29.0 million, partly tied to long-term debt from the Kobelt acquisition.
Twin Disc, Incorporated furnished an investor presentation under a Regulation FD 8-K to support meetings with investors and analysts on or after February 4, 2026. The slides are filed as Exhibit 99.1 and will also be posted on the company’s website.
The company notes that the information in the presentation is being furnished, not filed, so it is not subject to certain Exchange Act liabilities or automatically incorporated into other SEC filings. The materials include non-GAAP financial measures that management uses to analyze performance and that are intended to supplement, not replace, GAAP results.
The presentation also contains forward-looking statements identified by terms such as “believes,” “expects,” and “plans,” and Twin Disc highlights that actual results may differ due to various risks discussed in its SEC reports, including its Annual Report on Form 10-K for the year ended June 30, 2025.
Twin Disc, Inc. (TWIN) has furnished an 8-K to share its second quarter 2026 financial results. The company directs readers to a press release dated February 4, 2026, which is attached as Exhibit 99.1 and incorporated by reference for the full details.
The results information is furnished under Items 2.02 and 7.01, meaning it is not deemed filed for liability purposes under the Exchange Act unless specifically incorporated into another filing. The report also reiterates that any forward-looking statements are subject to significant risks and uncertainties described in Twin Disc’s Form 10-K for the year ended June 30, 2025.
Twin Disc, Incorporated furnished an investor presentation under Item 7.01 of Form 8‑K. Management plans to use these materials at investor and analyst meetings on or after November 5, 2025, and will also post them on the company’s website.
The deck includes non‑GAAP financial measures that management uses to evaluate performance. The information is being furnished, not filed, and is therefore not subject to Section 18 liability or incorporation by reference unless expressly stated. The materials contain forward‑looking statements subject to risks outlined in the company’s SEC filings.
Twin Disc, Inc. filed an 8-K announcing it has reported its first quarter 2026 financial results. The related press release dated November 5, 2025 is attached as Exhibit 99.1 and incorporated by reference.
The disclosures under Item 2.02 and Item 7.01 are furnished and not deemed filed for purposes of Section 18 of the Exchange Act. The filing also includes customary forward-looking statements language referring to risks discussed in the company’s Form 10-K for the year ended June 30, 2025.
Twin Disc, Inc. (TWIN) reported results from its October 30, 2025 Annual Meeting. Shareholders elected John H. Batten (10,537,394 votes for, 98.36%), Juliann Larimer (10,426,603, 97.32%), and Kevin M. Olsen (10,398,338, 97.06%) to serve until the 2028 Annual Meeting or until successors are elected and qualified.
Shareholders approved the advisory vote on Named Executive Officer compensation with 10,107,525 votes for, 228,395 against, and 377,523 abstentions. They also ratified RSM US LLP as independent auditor for the fiscal year ending June 30, 2026, with 12,295,323 votes for, 53,916 against, and 18,116 abstentions. After the meeting, each non‑employee director continuing on the Board received 5,378 shares of restricted stock under the 2021 Omnibus Incentive Plan, representing approximately 55% of the annual Board retainer (exclusive of Committee chair fees).
Twin Disc, Incorporated furnished investor presentation materials to be used at meetings and conferences on or after August 27, 2025 and filed those materials as Exhibit 99.1. The presentation will be posted on the company website, and the company states it does not intend to file updates to the materials. The slide deck includes financial measures that are non-GAAP, which management uses to analyze performance and which the company says should not replace GAAP results. The filing notes the presentation contains forward-looking statements and cautions readers about risks and uncertainties.
Twin Disc announced on August 21, 2025 that its executive officers will present investor materials at meetings and conferences beginning that date and that the presentation is furnished as Exhibit 99.1 and will be posted on the company website, www.twindisc.com. The company said it does not intend to update the presentation, described certain financial metrics in the slides as non-GAAP measures used by management, and cautioned these should not substitute for GAAP results. The filing clarifies the furnished materials are not "filed" under the Exchange Act and includes standard forward-looking statement disclaimers.
Twin Disc, Incorporated announced it has reported its fourth quarter and full year 2025 financial results and furnished a press release as Exhibit 99.1. The Form 8-K states the press release dated August 21, 2025 is incorporated by reference and that the disclosures are furnished under Item 2.02 and Item 7.01. The filing emphasizes that the furnished information is not "filed" for purposes of Section 18 of the Exchange Act and includes customary forward-looking statement language identifying words that may signal forward-looking content and cautioning readers about risks and uncertainties. The report is signed by Jeffrey S. Knutson, the company’s Vice President-Finance and Chief Financial Officer.
Twin Disc's Compensation and Human Capital Committee approved 2026 base salaries and bonus targets for its two named executive officers and granted both restricted and performance stock awards. John H. Batten, President and CEO, was set at a $712,071 base salary with a 100% target bonus and received 44,321 restricted shares plus a 66,482 target performance share award. Jeffrey S. Knutson, CFO, received a $437,000 base salary (a 4.2% increase) with a 55% target bonus, 21,762 restricted shares and 32,643 target performance shares. The FY2026 Corporate Incentive Plan weights: net sales 20%, EBITDA% of net sales 40%, inventory% 20%, corporate growth 10% and individual performance 10%. Performance awards vest against ROIC (50%) and cumulative EBITDA (50%) for the three fiscal years ending June 30, 2028; payouts range from 0% at threshold to 200% at maximum with linear interpolation. The maximum performance shares available under the awards is 198,250. Exhibits include forms of the restricted stock and performance award agreements.