Daktronics reported record fiscal 2026 net sales of $838.7 million, up 10.9% from fiscal 2025, as the company also posted record full-year orders of $860.8 million, up 10.2%.
Fourth-quarter sales reached $208.6 million, a 20.9% increase from the same quarter a year earlier. Operating margin improved to 6.8% from a negative 1.0% in the prior-year quarter. Earnings per share rose to $0.17 from a loss of $0.19, while adjusted EPS increased to $0.27 from $0.18, a 50% gain.
For the full year, operating margin widened to 7.3% from 4.4% in fiscal 2025. Full-year earnings per share climbed to $0.92 from a loss of $0.21, and adjusted EPS rose to $1.05 from $0.84.
New orders in the fourth quarter totaled $222.0 million, down 7.7% from the exceptionally strong prior-year quarter. Even with that decline, the company finished the year with product backlog of $356.2 million, up 4.3% from the end of fiscal 2025.
Daktronics said the year included a 53-week fiscal 2026, compared with 52 weeks in fiscal 2025. As a result of these announcements, the company's shares have moved 3.85% on the market, and are now trading at a price of $20.885. If you want to know more, read the company's complete 8-K report here.
