TAYD
Taylor DevicesADocument history
Earnings documents stored for TAYD.
Investor releaseQuarter not tagged2026-04-07Taylor Devices' Q3 Earnings Increase Y/Y On Lower Costs
Zacks
Taylor Devices' Q3 Earnings Increase Y/Y On Lower Costs
Shares of Taylor Devices, Inc. TAYD have declined 20.2% since the company reported its earnings for the quarter ended Feb. 28, 2026, significantly underperforming the S&P 500 index’s 3.9% decline over the same period. The stock has fared even worse over a broader horizon, falling 31.1% in the past month compared with a 3.2% drop for the benchmark index, reflecting a sharp negative investor reaction relative to the broader market. Taylor Devices reported third-quarter fiscal 2026 earnings per share of 79 cents, which improved from 64 cents in the prior-year quarter. Net sales increased to $11.2 million from $10.6 million in the year-ago period, marking a roughly 6% rise. Net income climbed to $2.5 million from $2 million, representing an increase of about 25%. Taylor Devices, Inc. price-consensus-eps-surprise-chart | Taylor Devices, Inc. Quote The company’s quarterly performance reflected a shift in project mix and customer demand. Revenue from long-term projects declined 13% year over year in the quarter, while revenue from other-than-long-term projects increased 37%, indicating a stronger contribution from shorter-duration contracts. Customer segmentation showed significant concentration in aerospace and defense, which accounted for 77% of quarterly sales, up from 55% a year earlier. Meanwhile, structural and industrial segments declined to 16% and 7%, respectively, compared with 33% and 12% in the prior-year quarter. Geographically, U.S. sales increased 6% year over year, while international sales rose 4%, keeping the regional mix relatively stable. Despite higher revenues and earnings, margin performance showed some pressure. Gross profit declined slightly to $4.49 million from $4.53 million, with gross margin falling to 40% from 43% in the prior-year period. Cost of goods sold increased 11%, outpacing revenue growth and contributing to the margin contraction. However, operating efficiency improved due to lower overhead costs. Selling, general and administrative expenses declined 11% year over year, primarily driven by reduced incentive compensation accruals. Research and development expenses also dropped sharply, falling 57% compared with the prior-year quarter. One notable area of concern is the company’s backlog. As of Feb. 28, 2026, backlog stood at $20.8 million, down from $33.3 million a year earlier, with fewer open orders (116 versus 146). This de...
Investor releaseQuarter not tagged2026-03-31TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS INCLUDING RECORD HIGH NINE-MONTH SALES
PR Newswire
TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS INCLUDING RECORD HIGH NINE-MONTH SALES
NORTH TONAWANDA, N.Y., March 31, 2026 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 3rd quarter sales of $11,173,201, up from last year's 3rd quarter sales of $10,564,834 while sales for the 1st nine months were $32,695,023, also up from last year's 1st nine-month sales of $30,731,571. Net earnings for the 3rd quarter were $2,498,140, up from last year's 3rd quarter net earnings of $2,002,245 with net earnings for the 1st nine months finishing at $6,696,848, also up from last year's net earnings for the 1st nine months of $5,725,060. "While our FY26 3rd quarter and 1st nine-month sales both finished ahead of last year's levels respectively, the $32.7M also establishes a new high record for sales in the 1st nine-months of a fiscal year for our company, improving upon the prior record of $32.5M set in Q3 of our FY24," stated Tim Sopko, CEO. He continued, "Net earnings for the 3rd quarter and 1st nine months also finished better than last year's levels due to both higher sales volume and favorable sales mix." He further commented, "The six plus week US Government shutdown that occurred last fall and the resulting delays in contract awards continues to impact us as can be seen in our firm order backlog of $20.8M which is down from the $27.1M we had at the start of this fiscal year. While the headwinds we have been facing in our Structural and Industrial markets continued, we did receive our first Taylor Damped Moment Frame™ (TDMF™) order which will incorporate 40 of our Fluid Viscous Dampers (FVDs) into a medical building on the west coast of the US." He concluded, "As we enter the 4th and final quarter of our FY26, we will continue to focus on our growth strategies supported by our continued investments in our team, technologies (R&D) and facilities which we expect will continue to support our profitable growth going forward." Taylor Devices, Inc. is a 70-year-old company engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment and structures. The company continues to target growth in the domestic Aerospace and Defense market as well as global Structural Construction and Industrial markets. Taylor's website can be visited at: www.taylordevices.com; with company newsletters and other pertinent i...
Investor releaseQuarter not tagged2026-01-07Taylor Devices Q2 Earnings Soar Y/Y on Aerospace Demand
Zacks
Taylor Devices Q2 Earnings Soar Y/Y on Aerospace Demand
Shares of Taylor Devices, Inc. TAYD have gained 7.2% since the company reported its earnings for the quarter ended Nov. 30, 2025. This compares to the S&P 500 index’s 0.5% growth over the same time frame. Over the past month, the stock has increased 39.3% compared with the S&P 500’s 0.2% growth, reflecting significant investor optimism and outperformance against the broader market. For the fiscal second quarter, Taylor Devices reported earnings of 64 cents per share compared to 34 cents per share in the prior-year quarter. Net sales of $11.6 million represented a 36% increase over the $8.5 million posted in the year-ago period. Net income nearly doubled, rising 90% to $2 million from $1.1 million. Gross profit for the quarter reached $5.5 million, up from $3.9 million a year earlier, as gross margin expanded to 47% from 45%. Taylor Devices, Inc. price-consensus-eps-surprise-chart | Taylor Devices, Inc. Quote The sharp rise in quarterly revenues was primarily driven by a significant increase in short-duration, non-long-term projects, which recorded a 91% year-over-year revenue boost. Long-term project revenues also rose, albeit more modestly, by 7%. The company managed 25 long-term projects during the quarter, up from 22 in the prior-year period. Geographically, domestic sales surged 45%, while international sales declined 30%, a shift management attributes to normal fluctuations in structural project activity. Sector performance showed strength in aerospace/defense, where sales jumped 58%, and in industrial customers, where sales rose 29%. Customer composition shifted further toward aerospace/defense, which accounted for 69% of sales in the quarter, up from 59% a year ago. Structural sales comprised 21%, while industrial customers made up the remaining 10%. The timing of backlog conversion to revenue played a critical role in driving quarterly performance. Total backlog at the end of the quarter was $25.1 million across 134 open sales orders, down from $34.5 million a year earlier. Research and development (R&D) spending rose sharply in the quarter, totaling $0.2 million, up 108% from $0.1 million a year ago. This increase brought R&D expenses to 1.8% of quarterly net revenues compared to 1.2% in the prior-year quarter. Selling, general and administrative (SG&A) expenses for the quarter amounted to $3 million, a 6% increase year over year. Despite the dollar...
Investor releaseQuarter not tagged2025-12-31TAYLOR DEVICES ANNOUNCES FISCAL YEAR 2026 SECOND QUARTER AND FIRST HALF RESULTS INCLUDING RECORD HIGH SALES FOR BOTH THE SECOND QUARTER AND FIRST HALF
PR Newswire
TAYLOR DEVICES ANNOUNCES FISCAL YEAR 2026 SECOND QUARTER AND FIRST HALF RESULTS INCLUDING RECORD HIGH SALES FOR BOTH THE SECOND QUARTER AND FIRST HALF
NORTH TONAWANDA, N.Y., Dec. 31, 2025 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 2nd quarter sales of $11,603,472, up significantly from last year's 2nd quarter sales of $8,548,881 while sales for the 1st half of the fiscal year were $21,521,822, also up from last year's 1st half sales of $20,166,737. Net earnings for the 2nd quarter were $2,008,624, up substantially from last year's 2nd quarter net earnings of $1,056,160 with net earnings for the 1st half finishing at $4,198,708, also up from last year's 1st half net earnings of $3,722,815. "Exceptional execution by our Team this past quarter resulted in a new high record for sales in a 2nd quarter for our company at $11.6M, which bested our prior record of $10.5M set in FY23," stated Tim Sopko, CEO. He continued, "This contributed to a new high record for sales in a first half of our company's fiscal years at $21.5M, besting our prior record of $20.3M set in FY24." He further commented, "Earnings for both the 2nd quarter and 1st half were also up year-on-year, 90% and 13% respectfully, due predominantly to both higher sales volume and efficient execution." He continued, "While our firm order backlog of $25.1M is down slightly from the $27.1M it was at the start of this fiscal year, due primarily to our order receipt timing vs. delivery variability, the increased activity from our Aerospace/Defense market customers continues to offset the headwinds that our Structural and Industrial market customers are experiencing." He concluded, "As we enter the 2nd half of our FY26, supported by our recently completed Development Lab, we will continue to aggressively target opportunities where our custom engineered products are critically needed and valued by our customers in all three of our chosen markets; Aerospace/Defense, Structural and Industrial, which we expect will continue to support our profitable growth going forward." Taylor Devices, Inc. is a 70-year-old company engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment and structures. The company continues to target growth in the domestic Aerospace and Defense market as well as global Structural Construction and Industrial markets. Taylor's website can be visited at: www.taylordevices.com...
Investor releaseQuarter not tagged2025-10-01TAYLOR DEVICES ANNOUNCES FIRST QUARTER RESULTS
PR Newswire
TAYLOR DEVICES ANNOUNCES FIRST QUARTER RESULTS
NORTH TONAWANDA, N.Y., Oct. 1, 2025 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had first quarter sales of $9,918,350, down from last year's first quarter sales of $11,617,856. Net earnings for the first quarter were $2,190,084, also down from last year's first quarter earnings of $2,666,655. "While our sales and net earnings for this fiscal year first quarter finished a bit down vs. the record highs we set last year, 15% and 18% respectively, the sales of $9.9M and net earnings of $2.2M achieved this year are both better than their averages over our past four fiscal year first quarters which are $9.5M and $1.4M respectively," stated Tim Sopko, CEO. He continued, "The benefit of our market diversity can be seen once again with a near equal split of our first quarter sales between our Structural and Industrial product group customers vs. our Aerospace/Defense product group customers; 49% and 51% respectively." He further commented, "Our Team continues to make excellent progress executing our Profitable Growth Campaigns as can be seen in our firm order backlog of $27.9M at the end of this quarter which is slightly up from the $27.1M we started this fiscal year with on June 1, 2025. Additionally, world unrest is driving an increase in activity from our Aerospace/Defense market facing customers which is offsetting the continued headwinds we are experiencing in our Structural and Industrial markets due to economic uncertainties coupled with higher interest rates." He concluded, "As our FY26 continues, we remain focused on our growth strategies supported by our continued investments in our Team, technologies (R&D) and facilities." Taylor Devices, Inc. is a 70-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. 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. View original content:https://www.prnewswire.com/news-releases/taylor-devices-announces-first-quarter-results-302572387.html
Investor releaseQuarter not tagged2025-08-23Taylor Devices' Q4 Earnings Surge Y/Y on Defense Demand
Zacks
Taylor Devices' Q4 Earnings Surge Y/Y on Defense Demand
Shares of Taylor Devices, Inc. TAYD have gained 4.7% since the company reported its earnings for the quarter ended May 31, 2025. This compares favorably to the S&P 500 index, which has declined 1.2% in the same time frame. However, over the past month, Taylor Devices’ stock has declined 5.8%, underperforming the S&P 500’s 0.7% growth. This divergence suggests that while the immediate post-earnings reaction was positive, broader market factors or company-specific concerns may have weighed on the shares more recently. In its fourth-quarter fiscal 2025 results, Taylor Devices reported earnings per share of $1.17, up from 80 cents in the prior-year quarter. Sales of $15.6 million reflected a rise of 29% from $12.1 million in the year-ago quarter. Net earnings for the quarter stood at $3.7 million compared with $2.5 million a year earlier, marking a 49% increase. Taylor Devices, Inc. price-consensus-eps-surprise-chart | Taylor Devices, Inc. Quote For the full fiscal year 2025, sales reached a record $46.3 million, up 4% from $44.6 million in fiscal 2024, while net income climbed to $9.4 million versus $9 million last year, a 5% improvement. Full-year earnings per share rose to $3.01 from $2.68. Taylor Devices ended fiscal 2025 with a firm order backlog of $27.1 million as it entered fiscal 2026. This backlog underscores continued customer demand, providing visibility into near-term revenues. Notably, the company highlighted that all three customer-facing product groups — Aerospace/Defense, Structural, and Industrial — contributed positively to the results. Aerospace/Defense and Industrial markets in particular showed strong momentum, which more than offset the challenges in Structural markets where higher interest rates and unfavorable foreign exchange rates pressured performance. Chief executive officer Tim Sopko emphasized that both the fourth quarter and the full fiscal year marked record highs for sales and profitability. He noted that net income of $9.4 million equated to 20.3% of sales, slightly higher than last year’s 20.2% ratio, indicating steady margins despite macroeconomic headwinds. Management attributed the performance to diligent execution of profitable growth strategies and continued investments in people, technology, processes and facilities. Sopko stressed that these investments are intended to sustain momentum into fiscal 2026 and beyond. The c...
Investor releaseQuarter not tagged2025-08-17Taylor Devices Full Year 2025 Earnings: EPS: US$3.01 (vs US$2.68 in FY 2024)
Simply Wall St.
Taylor Devices Full Year 2025 Earnings: EPS: US$3.01 (vs US$2.68 in FY 2024)
Explore Taylor Devices's Fair Values from the Community and select yours Revenue: US$46.3m (up 3.8% from FY 2024). Net income: US$9.41m (up 4.6% from FY 2024). Profit margin: 20% (in line with FY 2024). EPS: US$3.01 (up from US$2.68 in FY 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the United States of America (USA) segment contributing a total revenue of US$36.6m (79% of total revenue). Notably, cost of sales worth US$24.8m amounted to 54% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$11.4m (95% of total expenses). Explore how TAYD's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in the US. Performance of the American Machinery industry. The company's shares are down 3.5% from a week ago. Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Taylor Devices' balance sheet and an in-depth analysis of the company's financial position. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Investor releaseQuarter not tagged2025-08-15TAYLOR DEVICES ANNOUNCES RECORD HIGH FOURTH QUARTER AND FULL YEAR SALES AND PROFIT FOR FISCAL YEAR 2025
PR Newswire
TAYLOR DEVICES ANNOUNCES RECORD HIGH FOURTH QUARTER AND FULL YEAR SALES AND PROFIT FOR FISCAL YEAR 2025
NORTH TONAWANDA, N.Y., Aug. 15, 2025 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 4th quarter sales of $15,561,154, significantly up from last year's 4th quarter sales of $12,065,211. Sales for the full year of $46,292,725 were also up from last year's level of $44,582,807. Net income for the 4th quarter of $3,688,076 was up significantly from last year's 4th quarter net income of $2,472,630 with net income for the fiscal year of $9,413,136, also up from last year's fiscal year net income of $8,998,762. "Our FY25 4th quarter and full year sales finished well ahead of last year's levels with the full year sales of $46.3 million setting a new high record for our Team exceeding the prior record of $44.6 million set last year," said Tim Sopko, CEO. He continued, "Year-on-year net income for both the 4th quarter and full year improved substantially with the full year net income of $9.4 million or 20.3% of sales also setting a new high record exceeding our prior record of $9.0 million or 20.2% of sales set last year, FY24." He further commented, "While all three of our customer facing product groups; Aerospace/Defense, Structural and Industrial, once again contributed favorably to our results, positive momentum in our Aerospace/Defense and Industrial markets offset headwinds we continued to face in our Structural markets due to higher interest rates and unfavorable foreign exchange rates." He continued, "Our Team's diligent execution of our profitable growth strategies continued this past year which favorably contributed to our firm order backlog of $27.1 million as we start our FY26." He concluded, "This, supported by our continued investments in our people, technology, processes and facilities positions us well to continue successfully on our profitable growth journey in FY26." Taylor Devices, Inc. is a 70-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. Taylor's website can be visited at: www.taylordevices.com ; with company newsletters and other pertinent information at www.taylordevices.com/investors. View o...
Investor releaseQuarter not tagged2025-04-03TAYD Stock Gains 2% Despite Q3 Earnings Decline Y/Y, Backlog Grows
Zacks
TAYD Stock Gains 2% Despite Q3 Earnings Decline Y/Y, Backlog Grows
Shares of Taylor Devices, Inc. TAYD have gained 1.9% since the company reported its earnings for the quarter ended Feb. 28, 2025. This compares to the S&P 500 index’s 1.1% decline over the same time frame. Over the past month, the stock has gained 4.8% against the S&P 500’s 3.9% decline. See the Zacks Earnings Calendar to stay ahead of market-making news. For the fiscal third quarter ended Feb. 28, 2025, Taylor Devices reported earnings per share (EPS) of 64 cents, lower than 82 cents a year ago. Sales of $10.6 million reflected a decline of 13.8% from $12.3 million in the prior-year quarter. Net earnings dropped 25.8% to $2 million compared to $2.7 million in the same quarter last year. Taylor Devices, Inc. price-consensus-eps-surprise-chart | Taylor Devices, Inc. Quote Despite year-over-year declines in both quarterly and year-to-date sales and earnings, management emphasized the company’s ability to maintain favorable gross margins. CEO Tim Sopko attributed this to continuous improvement initiatives and strong execution amid a varying product mix. Although sales fell short of last year’s record-setting levels, Sopko noted that fiscal 2025's nine-month revenue surpassed the company’s second-highest mark set in fiscal 2023, reflecting some underlying strength. CEO Tim Sopko provided context for the earnings decline, citing macroeconomic headwinds such as high interest rates and the U.S. Government’s Continuing Resolution, which may have weighed on order timing or customer budgets. However, he underscored the benefits of Taylor Devices’ market diversification strategy and stable end markets. The firm order backlog rose to $33.3 million at the end of February 2025, compared to $30.2 million a year earlier, suggesting healthy future demand and improved visibility into upcoming revenue. Sopko emphasized the company’s ongoing commitment to growth through investment in talent, R&D, and facilities. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Taylor Devices, Inc. (TAYD): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2025-03-29Taylor Devices Third Quarter 2025 Earnings: EPS: US$0.64 (vs US$0.82 in 3Q 2024)
Simply Wall St.
Taylor Devices Third Quarter 2025 Earnings: EPS: US$0.64 (vs US$0.82 in 3Q 2024)
Revenue: US$10.6m (down 14% from 3Q 2024). Net income: US$2.00m (down 26% from 3Q 2024). Profit margin: 19% (down from 22% in 3Q 2024). The decrease in margin was driven by lower revenue. EPS: US$0.64 (down from US$0.82 in 3Q 2024). The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. All figures shown in the chart above are for the trailing 12 month (TTM) period Taylor Devices shares are up 4.8% from a week ago. While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Taylor Devices' balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Investor releaseQuarter not tagged2025-03-28TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS
PR Newswire
TAYLOR DEVICES ANNOUNCES THIRD QUARTER AND NINE-MONTH RESULTS
NORTH TONAWANDA, N.Y., March 28, 2025 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") announced today that it had 3rd quarter sales of $10,564,834, down from last year's 3rd quarter sales of $12,254,093 while sales for the 1st nine months were $30,731,571, also down from last year's 1st nine-month sales of $32,517,596. Net earnings for the 3rd quarter were $2,002,245, down from last year's 3rd quarter net earnings of $2,696,921 with net earnings for the 1st nine months finishing at $5,725,060, also down from last year's net earnings for the 1st nine months of $6,526,132. "Our FY25 3rd quarter and 1st nine-month sales finished shy of last year's record high levels although this year's 1st nine-month sales of $30.7M did eclipse our prior 2nd highest 1st nine-month sales of $29.5M which was set in FY23," stated Tim Sopko, CEO. He continued, "Similarly, net earnings for the 3rd quarter and 1st nine months finished shy of last year's levels, also record highs, due primarily to the lower sales volume." He further commented, "The benefits of our Team's excellent work on continuous improvements can be seen in our favorable gross margins even as our product mix varied vs. last year's periods." He continued, "Despite the headwinds we faced due to high interest rates as well as the US Government's Continuing Resolution, the benefits of our market diversification and careful focus on stable and growing markets can be seen in our firm order backlog which finished at $33.3M at the end of this February as compared to $30,2M at the end of February last year." He concluded, "As we enter the 4th and final quarter of our FY25, we will continue to focus on our growth strategies supported by our continued investments in our team, technologies (R&D) and facilities which we expect will continue to support our profitable growth going forward." Taylor Devices, Inc. is a 69-year-old company engaged in the design, development, manufacture and marketing of shock absorption, rate control and energy storage devices for use in various types of vehicles, machinery, equipment and structures. The company continues to target growth in the domestic Aerospace and Defense market as well as global Structural Construction and Industrial markets. Taylor's website can be visited at: www.taylordevices.com ; with company newsletters and other pertinent information at www.taylordevices.c...

