TAYD

Shares of Taylor Devices, Inc. TAYD have gained 4.8% since the company reported its earnings for the fiscal year ended May 31, 2026. This compares to the S&P 500 index’s 1% decline over the same time frame. Over the past month, the stock has gained 4.6% versus the S&P 500’s 3.5% growth. Taylor Devices reported fiscal 2026 earnings per share of $2.70, down from $2.87 in fiscal 2025. Sales decreased 10% year over year to $41.6 million. Net income declined 9% to $8.6 million. Taylor Devices, Inc. price-consensus-eps-surprise-chart | Taylor Devices, Inc. Quote Quarterly sales of $9 million denoted a 42.5% fall from $15.6 million in the year-ago quarter. Net income declined 49.4% to $1.9 million from $3.7 million. Earnings per share fell to 58 cents from $1.17 a year earlier. Taylor Devices' fiscal 2026 gross profit declined 15% to $18.3 million, with gross margin contracting to 44% from 46%. Operating income decreased 24% to $7.3 million. Research and development expenses jumped 75% to $0.8 million due to increased aerospace/defense activity, while selling, general and administrative expenses fell 10% to $10.2 million, mainly reflecting lower employee incentive compensation accruals. Other income increased 17%, driven by short-term investment interest income. The company's order position strengthened considerably. Firm order backlog reached a record $52.8 million at May 31, 2026, compared with $27.1 million a year earlier. Aerospace/defense represented 92% of the backlog, up from 75%, while structural orders accounted for 5% versus 19%. The backlog included a $19 million non-project order, the largest single order in the company's history. CEO Tim Sopko attributed the weaker fourth-quarter and full-year sales primarily to delayed customer order placements, which pushed opportunities to convert orders into sales beyond fiscal 2026. Lower sales volume, particularly in the structural and industrial markets, also weighed on net income. Despite the lower volume, management highlighted cost control, noting that the full-year gross margin remained relatively close to the prior year's level. Management also pointed to continued headwinds from higher interest rates and unfavorable foreign exchange rates in structural markets. However, positive momentum in aerospace/defense more than offset those pressures in the order book. Fiscal 2026 revenues from long-term projects declined 25% year over year, while revenues from non-project business increased 22%. Structural sales fell 31%, and industrial sales decreased 11%, whereas aerospace/defense sales edged up 1%. Consequently, aerospace/defense increased to 66% of annual revenues from 59%, while structural's share fell to 25% from 32%. Sales to Asia also dropped to $3.2 million from $7 million. The balance sheet remained liquid at fiscal year-end. Cash and cash equivalents declined to $0.9 million from $1.2 million, while short-term investments increased to $40.6 million from $34.8 million. Total assets rose to $77.7 million from $71.6 million, and stockholders' equity increased to $72.9 million from $62 million. The company's $10 million bank demand line of credit had no outstanding balance at May 31, 2026. Net cash provided by operating activities was $7 million in fiscal 2026, down from $7.5 million in fiscal 2025. 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

NORTH TONAWANDA, N.Y., Aug. 18, 2026 /PRNewswire/ -- Taylor Devices, Inc. (NASDAQ SmallCap: TAYD) announced today that it had 4th quarter sales of $8,954,650, down from last year's 4th quarter sales of $15,561,154. Sales for the full year of $41,649,673 were also down from last year's level of $46,292,725. Net income for the 4th quarter of $1,866,826 was down from last year's 4th quarter net income of $3,688,076 with net income for the fiscal year of $8,563,674, also down from last year's fiscal year net income of $9,413,136. "Our FY26 4th quarter and full year sales finished behind last year's record high levels due primarily to our customers delayed order placement timing which in turn pushed the opportunity to convert those orders into sales out of our fiscal year," said Tim Sopko, CEO. He continued, "Year-on-year net income for both the 4th quarter and full year finished lower also as a result of the lower sales volume, particularly in our non-Aerospace/Defense markets, Structural and Industrial." He further commented, "Despite the lower sales volume, our team did an excellent job managing costs this past year as evidenced by the gross margin as a percentage of sales at 44% which is only 2% lower than the 46% achieved in the prior year." He continued, "While the headwinds due to higher interest rates and unfavorable foreign exchange rates continued in our Structural markets, positive momentum in our Aerospace/Defense markets more than offset that dynamic as can be seen by our firm order backlog of $52.8M, of which 92% is for our Aerospace/Defense products." He further commented, "This not only sets a new high record for our company's firm order backlog in a fiscal year vs. the prior record of $33.1M set in FY24 but also includes a discrete $19M order which is also the largest single order in our company's history." He concluded, "As we enter FY27, with our fully operational New Product Development Lab, we will continue to invest in our team, technologies and facilities which we expect will continue to support our profitable growth going forward." Taylor Devices, Inc. is a 71-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-fourth-quarter-and-full-year-results-including-record-high-firm-order-backlog-for-fiscal-year-2026-302854061.html

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 decline could signal softer future revenue visibility, even as current-period results benefited from backlog conversion timing. Inventory levels declined 8% from the prior year-end to $7.5 million, reflecting improved inventory management and possibly lower production requirements. Meanwhile, accounts receivable decreased 13%, though days sales outstanding rose to 39 days from 32 days, indicating slower collections relative to sales levels. Cash flow from operations improved to $7.1 million for the nine-month period, up from $5.5 million a year earlier, supported by higher net income and favorable working capital adjustments. Management attributed revenue growth primarily to the timing of backlog conversion rather than broad-based demand expansion. The company also highlighted shifts in project mix, with fewer long-term projects but more short-term activity contributing to revenue gains. Increased sales to aerospace and defense customers were a key growth driver, while declines in structural and industrial markets weighed on overall diversification. Additionally, improved operating income was supported by disciplined cost control, particularly in SG&A expenses. Interest income from short-term investments also contributed to higher other income. The company increased capital expenditures to $2 million during the nine-month period compared with $1.2 million a year earlier, and indicated plans to evaluate further investments to expand capacity. 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

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 information at www.taylordevices.com/investors. Taylor Devices, Inc. View original content:https://www.prnewswire.com/news-releases/taylor-devices-announces-third-quarter-and-nine-month-results-including-record-high-nine-month-sales-302729991.html

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 increase, SG&A expenses declined as a percentage of revenue to 26%, from 33% in the year-ago quarter, reflecting improved operating leverage. Stock-based compensation costs contributed to the increase, with $0.8 million in recognized expense for 47,850 options granted, compared to $0.7 million for 46,800 options granted in the prior-year period. Operating income doubled to $2.2 million, up from $0.9 million in the same period a year ago. The increase was driven by higher revenue and improved gross margins. Other income also contributed positively, rising 38% year over year to $0.4 million, mainly due to interest income on short-term investments. The company’s effective tax provision for the quarter increased to $0.6 million, reflecting higher pre-tax income. Management highlighted that the quarterly gains stemmed from a favorable conversion of backlog into revenues, particularly for short-term projects. While the company benefited from increased sales across most customer segments, the decline in international sales underscores the natural variability in demand across regions. Management noted that fluctuations in backlog, revenue, and income are typical and not necessarily indicative of future performance. The company continues to invest in its operations, as evidenced by $1.5 million in capital expenditures during the six-month period. Looking ahead, Taylor Devices has committed to an additional $1.7 million in capital expenditures over the next twelve months, which management views as part of its broader strategy to expand manufacturing capacity. Several dynamics influenced the company’s headline numbers. The growth in short-duration project revenues provided a temporary lift, while the mix of customer segments tilted more heavily toward aerospace/defense. Gross margins benefited from this mix shift and stronger domestic sales, while SG&A efficiencies also contributed to improved profitability. The backlog declined, reflecting the company’s successful conversion of projects, but may require replenishment to sustain growth. The number of average days’ sales outstanding in accounts receivable rose from 32 to 40 days, suggesting a modest lengthening of the cash conversion cycle. 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

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; 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-fiscal-year-2026-second-quarter-and-first-half-results-including-record-high-sales-for-both-the-second-quarter-and-first-half-302651231.html

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 company’s performance benefited from robust Aerospace/Defense and Industrial demand, which mitigated the ongoing weakness in Structural markets. Elevated interest rates dampened construction-related demand in structural products, while foreign exchange volatility created further headwinds for international sales. Despite these challenges, operating leverage from higher volumes and cost discipline supported both top-line expansion and earnings growth. 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

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 original content:https://www.prnewswire.com/news-releases/taylor-devices-announces-record-high-fourth-quarter-and-full-year-sales-and-profit-for-fiscal-year-2025-302530969.html SOURCE Taylor Devices, Inc.