The industrial equipment maker targets fiscal 2030 goals after reporting record Q4 revenue and $9.4 million net income for fiscal 2026.
Twin Disc set a 2030 revenue target of $500 million and 30% gross margins, citing progress from its Finland expansion expected to be fully operational by fiscal 2028. The company reported 18% top-line growth in Q4 fiscal 2026, closing the year with record revenue.
Q4 operating income reached $7.8 million, while net income totaled $9.4 million, or $11.1 per share. Management attributed the growth to strong demand in core markets and operational efficiencies. The Finland facility is projected to bolster production capacity and cost competitiveness.
No immediate market reaction was disclosed in the earnings call summary.