TWIN DISC INCTWINEarnings & Financial Report
Twin Disc, Inc. designs, manufactures, and distributes power transmission equipment for a wide range of applications, including marine, off-road vehicle, and industrial. The company was founded in 1918 to manufacture clutches for farm tractors. It is now a worldwide company with subsidiaries or sales offices in Asia, Europe, North America, Oceania, and South America.
Revenue
$74.2M
Gross Profit
$20.9M
Operating Profit
$3.6M
Net Profit
$3.8M
Gross Margin
28.2%
Operating Margin
4.9%
Net Margin
5.2%
YoY Growth
0.5%
EPS
$0.27
TWIN DISC INC Q3 FY2024 Financial Summary
TWIN DISC INC reported revenue of $74.2M (up 0.5% YoY) for Q3 FY2024, with a net profit of $3.8M (up 16.5% YoY) (5.2% margin). Cost of goods sold was $53.2M, operating expenses totaled $17.3M.
Key Financial Metrics
| Total Revenue | $74.2M |
|---|---|
| Net Profit | $3.8M |
| Gross Margin | 28.2% |
| Operating Margin | 4.9% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
TWIN DISC INC Q3 FY2024 revenue of $74.2M breaks down across 4 segments, led by Marine And Propulsion Systems at $40.2M (54.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Marine And Propulsion Systems | $40.2M | 54.2% |
| Land Based Transmissions | $16.7M | 22.5% |
| Other | $7.9M | 10.7% |
| Industrial | $5.8M | 7.8% |
TWIN DISC INC Revenue by Segment — Quarterly Trend
TWIN DISC INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Marine And Propulsion Systems and Land Based Transmissions) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Marine And Propulsion Systems | $52.7M | $45.9M | — | $45.5M |
| Land Based Transmissions | $17.7M | $17.9M | — | $17.2M |
| Other | $3.1M | $4.3M | — | $2.9M |
| Industrial | $11.7M | $10.3M | $13.7M | $9.7M |
TWIN DISC INC Annual Revenue by Year
TWIN DISC INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $340.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $340.7M |
| 2024 | $295.1M |
| 2023 | $277.0M |
| 2022 | $242.9M |
TWIN DISC INC Quarterly Revenue & Net Profit History
TWIN DISC INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $90.2M | +0.3% | $22.4M | 24.8% |
| Q1 FY2026 | $80.0M | +9.7% | $-518.0K | -0.6% |
| Q4 FY2025 | $96.7M | +14.5% | $1.4M | 1.5% |
| Q3 FY2025 | $81.2M | +9.5% | $-1.5M | -1.8% |
| Q2 FY2025 | $89.9M | +23.2% | $919.0K | 1.0% |
| Q1 FY2025 | $72.9M | +14.7% | $-2.8M | -3.8% |
| Q4 FY2024 | $84.4M | +0.6% | $7.4M | 8.8% |
| Q3 FY2024 | $74.2M | +0.5% | $3.8M | 5.2% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $74.2M | $84.4M | $72.9M | $89.9M | $81.2M | $96.7M | $80.0M | $90.2M |
| YoY Growth | 0.5% | 0.6% | 14.7% | 23.2% | 9.5% | 14.5% | 9.7% | 0.3% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $288.8M | $312.1M | $323.5M | $307.4M | $332.9M | $355.6M | $363.5M | $384.0M |
| Liabilities | $141.8M | $157.0M | $165.5M | $159.7M | $182.7M | $191.2M | $202.6M | $198.8M |
| Equity | $146.3M | $154.7M | $157.5M | $147.0M | $149.5M | $164.0M | $160.3M | $184.5M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $6.2M | $11.4M | $-4.3M | $8.7M | $3.2M | $16.4M | $-7.5M | $4.6M |