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Side-by-side financial comparison of DAKTRONICS INC (DAKT) and DT Midstream, Inc. (DTM). Click either name above to swap in a different company.

DT Midstream, Inc. is the larger business by last-quarter revenue ($317.0M vs $229.3M, roughly 1.4× DAKTRONICS INC). DT Midstream, Inc. runs the higher net margin — 35.0% vs 7.6%, a 27.4% gap on every dollar of revenue. On growth, DT Midstream, Inc. posted the faster year-over-year revenue change (27.3% vs 10.0%). DT Midstream, Inc. produced more free cash flow last quarter ($30.0M vs $14.0M). Over the past eight quarters, DAKTRONICS INC's revenue compounded faster (16.0% CAGR vs 14.9%).

Daktronics, Inc. is an American company based in Brookings, South Dakota, that designs, manufactures, sells, and services video displays, scoreboards, digital billboards, dynamic message signs, sound systems, and related products. It was founded in 1968 by two South Dakota State University professors.

Oneok, Inc. ONE-oak, stylized as ONEOK, is an American oil and gas midstream operator headquartered in Tulsa, Oklahoma. It provides the oil and gas industry with gathering, processing, fractionation, transportation, and storage services. The company is part of the Fortune 500 and S&P 500. Oneok was founded as Oklahoma Natural Gas Company in 1906, but it changed its corporate name to Oneok in 1980.

DAKT vs DTM — Head-to-Head

Bigger by revenue
DTM
DTM
1.4× larger
DTM
$317.0M
$229.3M
DAKT
Growing faster (revenue YoY)
DTM
DTM
+17.3% gap
DTM
27.3%
10.0%
DAKT
Higher net margin
DTM
DTM
27.4% more per $
DTM
35.0%
7.6%
DAKT
More free cash flow
DTM
DTM
$16.0M more FCF
DTM
$30.0M
$14.0M
DAKT
Faster 2-yr revenue CAGR
DAKT
DAKT
Annualised
DAKT
16.0%
14.9%
DTM

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
DAKT
DAKT
DTM
DTM
Revenue
$229.3M
$317.0M
Net Profit
$17.5M
$111.0M
Gross Margin
27.0%
Operating Margin
9.4%
49.2%
Net Margin
7.6%
35.0%
Revenue YoY
10.0%
27.3%
Net Profit YoY
-18.3%
52.1%
EPS (diluted)
$0.35
$1.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DAKT
DAKT
DTM
DTM
Q4 25
$229.3M
$317.0M
Q3 25
$219.0M
$314.0M
Q2 25
$172.6M
$309.0M
Q1 25
$149.5M
$303.0M
Q4 24
$208.3M
$249.0M
Q3 24
$226.1M
$248.0M
Q2 24
$215.9M
$244.0M
Q1 24
$170.3M
$240.0M
Net Profit
DAKT
DAKT
DTM
DTM
Q4 25
$17.5M
$111.0M
Q3 25
$16.5M
$115.0M
Q2 25
$-9.4M
$107.0M
Q1 25
$-17.2M
$108.0M
Q4 24
$21.4M
$73.0M
Q3 24
$-4.9M
$88.0M
Q2 24
$2.5M
$96.0M
Q1 24
$10.7M
$97.0M
Gross Margin
DAKT
DAKT
DTM
DTM
Q4 25
27.0%
Q3 25
29.7%
Q2 25
25.0%
Q1 25
24.6%
Q4 24
26.8%
Q3 24
26.4%
Q2 24
25.7%
Q1 24
24.5%
Operating Margin
DAKT
DAKT
DTM
DTM
Q4 25
9.4%
49.2%
Q3 25
10.6%
49.4%
Q2 25
-1.0%
50.2%
Q1 25
-2.4%
48.8%
Q4 24
7.6%
45.4%
Q3 24
10.0%
49.2%
Q2 24
9.0%
53.3%
Q1 24
4.7%
51.7%
Net Margin
DAKT
DAKT
DTM
DTM
Q4 25
7.6%
35.0%
Q3 25
7.5%
36.6%
Q2 25
-5.5%
34.6%
Q1 25
-11.5%
35.6%
Q4 24
10.3%
29.3%
Q3 24
-2.2%
35.5%
Q2 24
1.2%
39.3%
Q1 24
6.3%
40.4%
EPS (diluted)
DAKT
DAKT
DTM
DTM
Q4 25
$0.35
$1.07
Q3 25
$0.33
$1.13
Q2 25
$0.04
$1.04
Q1 25
$-0.36
$1.06
Q4 24
$0.22
$0.73
Q3 24
$-0.11
$0.90
Q2 24
$0.18
$0.98
Q1 24
$0.09
$0.99

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DAKT
DAKT
DTM
DTM
Cash + ST InvestmentsLiquidity on hand
$149.6M
$54.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$297.5M
$4.7B
Total Assets
$548.4M
$10.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAKT
DAKT
DTM
DTM
Q4 25
$149.6M
$54.0M
Q3 25
$136.9M
$98.0M
Q2 25
$127.5M
$74.0M
Q1 25
$132.2M
$83.0M
Q4 24
$134.4M
$68.0M
Q3 24
$96.8M
$77.0M
Q2 24
$81.3M
$73.0M
Q1 24
$76.8M
$41.0M
Total Debt
DAKT
DAKT
DTM
DTM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$3.4B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DAKT
DAKT
DTM
DTM
Q4 25
$297.5M
$4.7B
Q3 25
$279.8M
$4.7B
Q2 25
$271.9M
$4.7B
Q1 25
$272.3M
$4.6B
Q4 24
$260.9M
$4.6B
Q3 24
$238.2M
$4.2B
Q2 24
$238.8M
$4.2B
Q1 24
$236.2M
$4.2B
Total Assets
DAKT
DAKT
DTM
DTM
Q4 25
$548.4M
$10.1B
Q3 25
$545.6M
$10.1B
Q2 25
$502.9M
$10.0B
Q1 25
$524.2M
$9.9B
Q4 24
$551.9M
$9.9B
Q3 24
$553.9M
$8.6B
Q2 24
$527.9M
$9.0B
Q1 24
$499.2M
$9.0B
Debt / Equity
DAKT
DAKT
DTM
DTM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.72×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DAKT
DAKT
DTM
DTM
Operating Cash FlowLast quarter
$16.5M
$161.0M
Free Cash FlowOCF − Capex
$14.0M
$30.0M
FCF MarginFCF / Revenue
6.1%
9.5%
Capex IntensityCapex / Revenue
1.1%
41.3%
Cash ConversionOCF / Net Profit
0.94×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$61.7M
$441.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAKT
DAKT
DTM
DTM
Q4 25
$16.5M
$161.0M
Q3 25
$26.1M
$274.0M
Q2 25
$22.9M
$185.0M
Q1 25
$12.0M
$247.0M
Q4 24
$43.3M
$152.0M
Q3 24
$19.5M
$205.0M
Q2 24
$9.5M
$165.0M
Q1 24
$9.5M
$241.0M
Free Cash Flow
DAKT
DAKT
DTM
DTM
Q4 25
$14.0M
$30.0M
Q3 25
$21.8M
$131.0M
Q2 25
$18.0M
$104.0M
Q1 25
$7.8M
$176.0M
Q4 24
$38.0M
$62.0M
Q3 24
$14.4M
$124.0M
Q2 24
$6.1M
$84.0M
Q1 24
$5.1M
$143.0M
FCF Margin
DAKT
DAKT
DTM
DTM
Q4 25
6.1%
9.5%
Q3 25
10.0%
41.7%
Q2 25
10.5%
33.7%
Q1 25
5.2%
58.1%
Q4 24
18.2%
24.9%
Q3 24
6.4%
50.0%
Q2 24
2.8%
34.4%
Q1 24
3.0%
59.6%
Capex Intensity
DAKT
DAKT
DTM
DTM
Q4 25
1.1%
41.3%
Q3 25
2.0%
45.5%
Q2 25
2.8%
26.2%
Q1 25
2.8%
23.4%
Q4 24
2.6%
36.1%
Q3 24
2.2%
32.7%
Q2 24
1.6%
33.2%
Q1 24
2.6%
40.8%
Cash Conversion
DAKT
DAKT
DTM
DTM
Q4 25
0.94×
1.45×
Q3 25
1.58×
2.38×
Q2 25
1.73×
Q1 25
2.29×
Q4 24
2.02×
2.08×
Q3 24
2.33×
Q2 24
3.75×
1.72×
Q1 24
0.88×
2.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DAKT
DAKT

Live Events Segment$81.5M36%
Transferred At Point In Time$41.9M18%
Limited Configuration$39.2M17%
Other$30.6M13%
Transportation Segment$21.3M9%
Transferred Over Time$8.8M4%
Unique Configuration$6.0M3%

DTM
DTM

Pipeline Segment$173.0M55%
Gathering Segment$144.0M45%

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