TWIN News & Events

Reports Q2 revenue $90.18M vs $89.921M last year. "Second quarter results reflected our continued focus on execution in an uneven operating environment, as tariff-related impacts affected shipment timing and near-term activity. Despite these headwinds, demand across our end markets remains strong as we delivered sequential sales growth and resilient order momentum. Orders reflected increased activity from our defense-related programs such as our Katsa product lines, along with strong interest for our hybrid propulsion systems as our leading reputation for innovation solidifies our presence in these growing markets. Our expanding presence is illustrated by our record backlog, which continues to grow and provides confidence as we move into the second half of the fiscal year," commented John H. Batten, President and Chief Executive Officer of Twin Disc.

Reports Q1 revenue $80M vs. $72.9M last year. "We delivered a solid start to the year, with sales and margin growth that reflects the benefits of our operational discipline and the strength of our diversified end markets. In the Defense market, orders continued to accelerate, lifting six-month backlog by 8.5% since the end of fiscal 2025. In terms of our product groups, Marine and Propulsion delivered record new-unit bookings, secured wins in autonomous-vessel applications, and benefited from healthy aftermarket demand. Land-based transmission activity remained steady, with stable aftermarket demand in oil and gas and encouraging long-term prospects tied to replacement cycles," commented John H. Batten, President and Chief Executive Officer of Twin Disc. "Looking ahead, we remain focused on executing our growth strategy through disciplined operations, innovation, and customer engagement. With a healthy backlog and continued momentum in our core markets, we are well positioned to build on this progress and deliver profitable growth throughout fiscal 2026," Mr. Batten concluded.

Reports Q4 revenue $96.678M vs $84.418M last year. "We closed out the fiscal year with our strongest quarter, a reflection of the team's consistent execution and resilience in dynamic markets. Marine and Propulsion led the way with robust defense-driven demand, while Industrial saw steady recovery and increased shipments late in the year. Although oil and gas remained challenged, we continued to advance our electrification strategy with new e-frac activity. Throughout the year, we maintained pricing discipline and protected margins, even as we managed through tariff noise and ongoing cost pressures. Our recent acquisitions expanded our global footprint and diversified our end markets, reinforcing the strength of our platform," commented John Batten, President and Chief Executive Officer of Twin Disc.

Reports Q3 revenue $81.2M vs. $74.2M last year. "Our third quarter results reflect another solid performance, with sequential margin improvement and strong momentum exiting the quarter. Strength across our core marine propulsion markets, particularly in North America and Europe, supported results, while order activity for Veth remained robust, continuing to be driven by demand in the luxury yacht and riverboat vessels. Though the global macro environment remains uncertain, our diversified geographic footprint and mission-critical portfolio continue to provide resiliency. Our six-month backlog grew meaningfully sequentially, supported by sustained order activity across key markets along with the addition of Kobelt," commented John H. Batten, President and Chief Executive Officer of Twin Disc. "We remain focused on executing our long-term strategy, including integrating recent acquisitions, driving operational efficiencies, and positioning Twin Disc as a leader in hybrid and electric marine solutions. Our ability to adapt to changing trade dynamics, supported by a flexible global supply chain and manufacturing network, enhances our confidence in delivering long-term value," concluded Mr. Batten.