Twin Disc, Incorporated (TWIN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 96.69M | 90.18M | 80M | 96.68M | 81.24M | 89.92M | 72.9M | 84.42M | 74.16M | 72.99M | 63.55M | 83.92M | 73.77M | 63.35M | 55.91M | 75.97M | 59.29M | 59.89M | 47.76M | 66.2M |
| Revenue Growth % | 19.02% | 0.29% | 9.74% | 14.52% | 9.55% | 23.19% | 14.7% | 0.59% | 0.53% | 15.22% | 13.67% | 10.46% | 24.43% | 5.78% | 17.07% | 14.76% | 2.86% | 23.34% | 3.43% | 11.5% |
| Cost of Goods Sold | 69.56M | 67.81M | 57.06M | 66.66M | 59.54M | 68.24M | 53.58M | 59.33M | 53.22M | 52.34M | 46.92M | 59.18M | 54.51M | 46.33M | 42.62M | 51.78M | 41.6M | 46.41M | 34.31M | 47.89M |
| COGS % of Revenue | 71.94% | 75.2% | 71.33% | 68.95% | 73.28% | 75.89% | 73.49% | 70.28% | 71.76% | 71.7% | 73.82% | 70.51% | 73.89% | 73.13% | 76.22% | 68.16% | 70.16% | 77.49% | 71.85% | 72.34% |
| Gross Profit | 27.13M | 22.37M | 22.93M | 30.02M | 21.71M | 21.68M | 19.32M | 25.09M | 20.94M | 20.66M | 16.64M | 24.75M | 19.27M | 17.02M | 13.3M | 24.19M | 17.69M | 13.48M | 13.45M | 18.32M |
| Gross Margin % | 28.06% | 24.8% | 28.67% | 31.05% | 26.72% | 24.11% | 26.51% | 29.72% | 28.24% | 28.3% | 26.18% | 29.49% | 26.11% | 26.87% | 23.78% | 31.84% | 29.84% | 22.51% | 28.15% | 27.66% |
| Gross Profit Growth % | 24.99% | 3.17% | 18.69% | 19.66% | 3.66% | 4.96% | 16.14% | 1.37% | 8.69% | 21.34% | 25.12% | 2.29% | 8.9% | 26.26% | -1.12% | 32.09% | 26.71% | 51.86% | 38.59% | 32.6% |
| Operating Expenses | 21.25M | 20.28M | 20.7M | 24.67M | 19.76M | 18.92M | 19.49M | 20.36M | 17.34M | 17.22M | 16.92M | 16.52M | 14.66M | 12M | 15.09M | 16.44M | 14.64M | 16.5M | 10.2M | 23.35M |
| OpEx % of Revenue | 21.98% | 22.49% | 25.87% | 25.52% | 24.32% | 21.04% | 26.73% | 24.12% | 23.38% | 23.59% | 26.62% | 19.69% | 19.87% | 18.94% | 26.99% | 21.64% | 24.69% | 27.55% | 21.36% | 35.27% |
| Selling, General & Admin | 21.25M | 20.65M | 20.7M | 24.62M | 19.47M | 18.92M | 19.49M | 20.35M | 17.2M | 17.22M | 16.92M | 16.55M | 14.63M | 15.98M | 15.09M | 17.33M | 14.4M | 15.27M | 13.09M | 16.75M |
| SG&A % of Revenue | 21.98% | 22.9% | 25.87% | 25.47% | 23.97% | 21.04% | 26.73% | 24.11% | 23.19% | 23.59% | 26.62% | 19.73% | 19.83% | 25.23% | 26.99% | 22.81% | 24.28% | 25.49% | 27.41% | 25.3% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -374K | 0 | 53K | 287K | 0 | 0 | 11K | 139K | 0 | 0 | -30K | 34K | -1000K | 0 | -894K | 240K | 1000K | -1000K | 1000K |
| Operating Income | 5.88M | 2.09M | 2.23M | 5.34M | 1.95M | 2.76M | -165K | 4.72M | 3.6M | 3.44M | -280K | 8.22M | 4.61M | 5.03M | -1.79M | 7.75M | 3.06M | -3.02M | 3.25M | -5.04M |
| Operating Margin % | 6.08% | 2.31% | 2.79% | 5.53% | 2.4% | 3.07% | -0.23% | 5.59% | 4.86% | 4.71% | -0.44% | 9.8% | 6.24% | 7.93% | -3.21% | 10.21% | 5.15% | -5.04% | 6.8% | -7.61% |
| Operating Income Growth % | 201.8% | -24.38% | 1454.55% | 13.22% | -45.95% | -19.72% | 41.07% | -42.58% | -21.78% | -31.6% | 84.38% | 6.04% | 50.74% | 266.42% | -155.22% | 254% | 493.2% | 34.39% | 203.18% | -227.8% |
| EBITDA | 9.3M | 5.42M | 5.7M | 10.05M | 5.61M | 6.06M | 3.07M | 7.21M | 6.08M | 5.97M | 2.21M | 10.64M | 7.28M | 7.15M | 347K | 9.98M | 5.36M | -559K | 5.8M | -2.16M |
| EBITDA Margin % | 9.62% | 6.01% | 7.12% | 10.4% | 6.9% | 6.73% | 4.22% | 8.53% | 8.19% | 8.18% | 3.47% | 12.68% | 9.86% | 11.29% | 0.62% | 13.14% | 9.04% | -0.93% | 12.14% | -3.26% |
| EBITDA Growth % | 65.88% | -10.44% | 85.45% | 39.49% | -7.72% | 1.39% | 39.18% | -32.32% | -16.48% | -16.48% | 536.31% | 6.62% | 35.7% | 1379.43% | -94.01% | 562.65% | 59.65% | 69.59% | 1590.23% | -246.6% |
| D&A (Non-Cash Add-back) | 3.42M | 3.34M | 3.46M | 4.71M | 3.66M | 3.3M | 3.24M | 2.48M | 2.47M | 2.54M | 2.49M | 2.42M | 2.67M | 2.13M | 2.14M | 2.23M | 2.31M | 2.46M | 2.55M | 2.88M |
| EBIT | 5.88M | 1.47M | 1.37M | 2.4M | 380K | 3.15M | -1.51M | 9.4M | 4.56M | 2.99M | -143K | 10.71M | 4.43M | 4.84M | -1.45M | 8.47M | 3.55M | -2.55M | 2.89M | 2.07M |
| Net Interest Income | 790K | -772K | -800K | -855K | -660K | -495K | -636K | -394K | -263K | -392K | -394K | -571K | -522K | -594K | -566K | -534K | -490K | -574K | -530K | -589K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -790K | 772K | 800K | 855K | 660K | 495K | 636K | 394K | 263K | 392K | 394K | 571K | 522K | 594K | 566K | 534K | 490K | 574K | 530K | 588K |
| Other Income/Expense | -481K | -1.39M | -1.66M | -3.8M | -2.23M | -109K | -1.98M | 4.29M | 696K | -841K | -257K | 1.92M | -700K | -776K | -219K | 179K | 8K | -108K | -885K | 6.51M |
| Pretax Income | 5.39M | 698K | 571K | 1.54M | -280K | 2.65M | -2.15M | 9.01M | 4.3M | 2.6M | -537K | 10.14M | 3.9M | 4.25M | -2.01M | 7.93M | 3.06M | -3.13M | 2.36M | 1.48M |
| Pretax Margin % | 5.58% | 0.77% | 0.71% | 1.6% | -0.34% | 2.95% | -2.94% | 10.67% | 5.8% | 3.56% | -0.84% | 12.09% | 5.29% | 6.71% | -3.6% | 10.44% | 5.17% | -5.22% | 4.95% | 2.23% |
| Income Tax | 1.84M | -21.78M | 983K | 48K | 1.14M | 1.55M | 627K | 1.51M | 398K | 1.66M | 546K | 1.44M | 548K | 2.49M | -688K | 66K | 753K | 622K | 382K | 22.95M |
| Effective Tax Rate % | 34.09% | -3120.34% | 172.15% | 3.11% | -407.86% | 58.54% | -29.23% | 16.82% | 9.26% | 64% | -101.68% | 14.19% | 14.03% | 58.56% | 34.19% | 0.83% | 24.58% | -19.88% | 16.17% | 1551.52% |
| Net Income | 3.33M | 22.37M | -518K | 1.42M | -1.47M | 919K | -2.77M | 7.41M | 3.82M | 930K | -1.17M | 8.6M | 3.28M | 1.75M | -1.42M | 7.78M | 2.23M | -3.84M | 1.92M | -21.52M |
| Net Margin % | 3.44% | 24.81% | -0.65% | 1.47% | -1.81% | 1.02% | -3.79% | 8.78% | 5.15% | 1.27% | -1.85% | 10.24% | 4.45% | 2.76% | -2.54% | 10.24% | 3.76% | -6.41% | 4.02% | -32.51% |
| Net Income Growth % | 325.88% | 2334.28% | 81.27% | -80.79% | -138.51% | -1.18% | -135.72% | -13.8% | 16.49% | -46.74% | 17.51% | 10.49% | 47.06% | 145.52% | -174.06% | 136.15% | 2273.4% | 11.06% | 148.25% | -1122.78% |
| Net Income (Continuing) | 3.56M | 22.48M | -412K | 1.5M | -1.42M | 1.1M | -2.77M | 7.49M | 3.9M | 935K | -1.08M | 8.7M | 3.36M | 1.76M | -1.32M | 7.87M | 2.31M | -3.75M | 1.98M | -21.47M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 862K | 651K | 571K | 380K | 692K | 610K | 488K | 352K | 648K | 614K | 574K | 424K | 689K | 622K | 548K | 412K | 685K | 647K | 586K | 450K |
| EPS (Diluted) | 0.23 | 1.55 | -0.04 | 0.10 | -0.11 | 0.07 | -0.20 | 0.53 | 0.27 | 0.07 | -0.09 | 0.62 | 0.20 | 0.08 | -0.14 | 0.58 | 0.17 | -0.29 | 0.14 | -0.96 |
| EPS Growth % | 309.09% | 2270.03% | 81.45% | -81.13% | -140.74% | -2.1% | -130.68% | -14.52% | 35% | -19.61% | 38.07% | 6.9% | 17.65% | 128.66% | -200% | 160.42% | 1600% | 12.12% | 146.67% | -638.46% |
| EPS (Basic) | 0.23 | 1.58 | -0.04 | 0.10 | -0.11 | 0.07 | -0.20 | 0.54 | 0.28 | 0.07 | -0.09 | 0.64 | 0.20 | 0.08 | -0.14 | 0.58 | 0.17 | -0.29 | 0.14 | -0.96 |
| Diluted Shares Outstanding | 14.42M | 14.39M | 13.96M | 13.97M | 13.89M | 14.06M | 13.78M | 13.91M | 13.9M | 13.92M | 13.53M | 13.84M | 13.66M | 13.7M | 13.41M | 13.46M | 13.46M | 13.3M | 13.35M | 13.27M |
| Basic Shares Outstanding | 14.2M | 14.16M | 13.96M | 13.9M | 13.89M | 13.87M | 13.78M | 13.75M | 13.74M | 13.72M | 13.53M | 13.51M | 13.5M | 13.46M | 13.41M | 13.4M | 13.4M | 13.23M | 13.28M | 13.27M |
| Dividend Payout Ratio | 17.44% | 2.55% | - | 40.9% | - | 61.59% | - | 7.77% | 14.63% | 60.22% | - | - | - | - | - | - | - | - | - | - |