An analyst upgraded Twin Disc's stock rating. The upgrade cited strong fourth-quarter fiscal 2026 performance. Revenue increased 18.3% year-over-year. Revenue reached a record $114.4 million.
Net income more than tripled to $9.4 million, up from $2.6 million a year prior. EBITDA grew 35.1% to $11.1 million.
Broad-based demand drove the robust results, particularly from its land-based transmission, marine, and propulsion segments.
The company's growing defense business contributed to the positive outlook. Its order backlog in defense increased 56% year-over-year. Twin Disc reported a total six-month backlog of $178.3 million.