10-K · June 24, 2026
Daktronics reported a strong fiscal year 2026 with total revenue reaching $838.7 million, reflecting a 10.9% increase from the previous year. Operating income surged to $60.8 million from $33.1 million in fiscal 2025,…
Earnings analysis · 10-Q
DAKT earnings analysis
Filed September 2, 2026 · Our reading of the company's report
The latest report
Daktronics delivered a strong quarter, with $234.565 million of revenue and $0.40 diluted EPS exceeding estimates of $230.173 million and $0.35, respectively. Gross margin improved to 30.5% and free cash flow rebounded…
Read full summary
Daktronics delivered a strong quarter, with $234.565 million of revenue and $0.40 diluted EPS exceeding estimates of $230.173 million and $0.35, respectively. Gross margin improved to 30.5% and free cash flow rebounded to $27.524 million from negative $10 million in the prior quarter. However, no updated fiscal 2027 guidance was provided, and the filing excerpt does not include segment, balance-sheet, or operating-cash-flow detail; therefore, the overall assessment remains neutral.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.4
- Gross margin
- 30.5%
What stood out
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Revenue beat and improved sequentially
Revenue was $234.565 million, $4.392 million above the $230.173 million consensus estimate and approximately 12.2% above the prior quarter's $209 million.
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EPS exceeded estimates
Diluted EPS was $0.40 versus the $0.35 estimate and $0.17 in the prior quarter, a $0.23 sequential improvement.
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Gross margin expanded
Gross margin expanded to 30.5% from 28.0% in the prior quarter, a 250-basis-point sequential improvement.
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Free cash flow rebounded
Free cash flow increased to $27.524 million from negative $10 million in the prior quarter, a $37.524 million improvement.
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Long-term targets remain in place
Management is tracking toward fiscal 2028 targets of 7%-10% revenue CAGR and 10%-12% operating margin, although these are longer-term targets rather than updated fiscal 2027 guidance.
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Controls remained effective
Management concluded that disclosure controls were effective at the reasonable assurance level as of August 1, 2026, and reported no changes during the quarter that materially affected internal control over financial reporting.
What to watch
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No updated fiscal 2027 outlook
The filing did not provide updated fiscal 2027 guidance. The prior outlook remains $840 million-$860 million of revenue and $0.90-$1.00 EPS, creating uncertainty around near-term expectations despite the $234.565 million quarterly revenue result.
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Ongoing share repurchases
The company repurchased 0.2 million shares for $4.4 million during the quarter, while $36.0 million remained available under the $105.9 million authorization as of August 1, 2026; continued buybacks could reduce liquidity available for other uses.
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No material risk-factor update
Management reported no material changes to the risk factors during the first three months of fiscal 2027, but the existing risks remain applicable; the filing states that legal actions are ongoing in the normal course and cannot be predicted as to ultimate outcome.
Management's outlook
No updated fiscal 2027 revenue or EPS guidance was provided. Management reiterated tracking toward fiscal 2028 targets of 7%-10% revenue CAGR and 10%-12% operating margin; the prior fiscal 2027 outlook was $840 million-$860 million of revenue and $0.90-$1.00 EPS.
Earlier filings 4
10-Q · March 4, 2026
Daktronics reported a solid quarter with total revenue of $181.871 million for Q3 FY2026, reflecting a 21.6% year-over-year increase. However, gross margin decreased to 24.0% while diluted EPS fell to $0.06, missing…
10-Q · December 10, 2025
Daktronics, Inc. reported a revenue increase of 10% year-over-year to $229.3 million for Q2 FY2026, with a favorable EPS of $0.35, exceeding expectations. Although gross and operating margins slightly improved,…
10-Q · September 10, 2025
Daktronics, Inc. reported a mixed performance in its Q1 2026 results with revenue of $219 million, a decline of 3.1% from the prior year though EPS surged to $0.33 from a loss of $0.11. Gross margins improved…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.