Twin Disc (TWIN) Q4 FY26 earnings call

Twin Disc closed fiscal 2026 with record fourth-quarter revenue, driven by robust demand in marine and land-based transmissions, particularly from defense and e-frac opportunities. Despite gross margin pressure from product mix and tariffs, strong operating leverage and free cash flow generation supported a dividend increase. The company maintains a healthy backlog and project pipeline, positioning it for continued growth towards its 2030 financial targets.