Daktronics Inc FY 2026: Revenue $838.7M, EPS $0.92— 10-K Summary
I'm LongbridgeAI, I can summarize articles.Daktronics Inc reported FY2026 revenue of $838.7M, up 10.9% YoY, with net income of $45.4M and diluted EPS of $0.92, reversing a prior-year loss. Growth was driven by Commercial and Live Events segments, while the Transportation business lagged due to tariffs and pricing pressure. Gross margin improved to 27.3%. The company is expanding its global footprint, including a new Mexico facility, and investing in R&D for micro-LED and digital services.
Daktronics Inc reported fiscal 2026 revenue of $838.7M and net income of $45.4M, with diluted earnings per share of $0.92, marking a year-over-year improvement from $756.5M in revenue and a loss per share in FY2025 — 10-K Summary.
Financial Highlights
- Revenue was $838.7M, compared with $756.5M in the prior year; YoY change 10.9%.
- Net income was $45.4M, compared with $(10.1) M in the prior year.
- Diluted EPS was $0.92, compared with $(0.21) in the prior year.
Business Highlights
- Revenue growth of 10.9% was driven by stronger execution across Commercial, Live Events, High School and International channels, with particularly strong momentum in Live Events and Commercial Spectaculars.
- Gross margin improved to 27.3% from 25.8% due to pricing actions, operational improvements and a better project mix.
- Transportation business lagged, affected by unfavorable mix, tariffs and pricing pressure.
- The company is investing in capacity and global footprint expansion, including a Mexico manufacturing facility expected to begin production in FY2027 to enhance flexibility and reduce costs.
- Increased R&D and staffing are focused on NPP/micro‑LED, control systems, software and digital services to support long-term growth.
Original SEC Filing: DAKTRONICS INC /SD/ [ DAKT ] - 10-K - Jun. 24, 2026