Twin Disc Incorporated (TWIN)
🔔 Watch stock
Twin Disc has built marine and heavy-duty industrial transmissions since 1918 and shows up in our in-house "Joshua" growth scanner (data as of July 17, 2026), while the stock is up roughly 164 percent in a year. We read the annual report (10-K) for fiscal year 2025 and the three quarterly reports (10-Q) of fiscal year 2026: record revenue of $340.7 million, yet a net loss at the bottom line — and then nine-month net income of $25.2 million, of which $19.0 million is a one-time tax benefit. Not investment advice — just the question of what a profit is worth when the factory did not earn it, the accounting did.
Appears in These Scanners
This stock currently matches 16 of our scanner strategies — each hit links to the scanner.
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Basics
Performance
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
AI Rating
NeutralGeprüft am 17.07.2026 gegen die Geschäftsberichte (10-K) für die Geschäftsjahre 2025 (eingereicht 05.09.2025) und 2024 (06.09.2024) sowie die vier jüngsten Quartalsberichte (10-Q, zum 27.03.2026, 26.12.2025, 26.09.2025 und 28.03.2025). In sämtlichen ausgewerteten SEC-Filings von Twin Disc findet sich „keine einzige“ Erwähnung von „artificial intelligence“, „machine learning“, „generative“ oder verwandten Begriffen — weder eine KI-Umsatzquelle noch dokumentierter operativer KI-Einsatz noch ein konkretes KI-Geschäftsrisiko für das eigene Modell. Twin Disc baut mechanische Antriebstechnik (Schiffs- und Off-Highway-Getriebe, Propeller, Kupplungen, Steuerungen); die Investment-Story dreht sich um Zukäufe (Katsa, Kobelt), die Auflösung einer US-Steuer-Wertberichtigung und Zyklik, nicht um KI. Nach dem Kriterienkatalog bleibt es damit klar bei „neutral“ (dokumentierter Negativ-Befund: geprüfte Filings gelistet, keine belastbaren KI-Treffer).
View the full file — quotes, sources, reviewed filings
Filings Reviewed: 10-Q 2026-05-06 · 10-Q 2026-02-04 · 10-Q 2025-11-05 · 10-Q 2025-05-07 · 10-K 2025-09-05 · 10-K 2024-09-06
Rated on July 17, 2026 · How the Rating Is Built
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Quarterly Figures
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.06 | -1.20 | 90 | 23.20 | 1.00 | 9 | 6 |
| 2025: Q1 | -0.10 | -138.50 | 81 | 9.50 | -1.80 | 3 | 1 |
| 2025: Q2 | 0.10 | -80.80 | 97 | 14.50 | 1.50 | 16 | 9 |
| 2025: Q3 | -0.04 | – | 80 | 9.70 | -0.60 | -8 | -11 |
| 2025: Q4 | 1.55 | 2,334.30 | 90 | 0.30 | 24.80 | 5 | 1 |
| 2026: Q1 | 0.23 | – | 97 | 19.00 | 3.40 | 5 | 2 |
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Assessment: Opportunities & Risks
Five fiscal years of revenue growth without a setback to a record $340.7 million (FY 2025, +15.5 percent), gross profit up 11.3 percent to $92.7 million, a six-month backlog of $150.5 million (+13 percent as of 06/30/2025); the FY 2026 quarters keep rising ($80.0 → $90.2 → $96.7 million).
Of $25.2 million of nine-month profit (FY 2026), $19.0 million is a one-time, non-cash tax benefit (release of the U.S. valuation allowance on 12/26/2025); pretax income was only $6.7 million. In record year 2025, despite peak revenue, the bottom line was a net loss at a 190.4 percent tax rate (10-Q as of 03/27/2026, Note I; 10-K FY 2025).
The domestic business lost $7.3 million pretax over nine months (FY 2026) while abroad earned $14.0 million; the revenue record is bought — without Katsa and Kobelt, revenue shrank in 2025 (manufacturing −2.5 percent, distribution −8.6 percent). The entire profit comes from abroad (10-Q as of 03/27/2026; 10-K FY 2025, Item 7).
$164.0 million of equity and modest debt (~$31.4 million) stand against heavy inventory ($152.0 million) and thin cash ($16.1 million); operating cash flow fell to $24.0 million, and the new credit line ($30M + $60M, 06/30/2026) is secured by nearly all assets and 65 percent of foreign subsidiaries.
A Stan Weinstein stage-2 uptrend, plus 164 percent over twelve months and hits in 16 trend filters meet a trailing P/E around 13 that includes the tax benefit — adjusted it sits north of 50; P/S of 0.9 is fair-to-sporty at a barely 3 percent operating margin (data as of July 17, 2026).
Twin Disc is a 108-year-old, solid gear maker with record revenue, a full order book and a foreign business that genuinely earns — but earnings quality lags revenue quality. The nine-month profit of $25.2 million (FY 2026) is three-quarters a one-time tax benefit, pretax income was only $6.7 million, the U.S. business loses money, and the revenue record is bought. The low P/E of 13 is therefore optical — adjusted it sits north of 50. Whoever invests here is buying the bet that the record revenue turns into a record profit. Not investment advice.
- TWIN reached our research list via the "Joshua" growth scanner and a confluence of 16 trend filters in our in-house stock scanner (data as of July 17, 2026); the striking earnings surprise of plus 1,450 percent is an effect of the one-time tax benefit, not of the operating business.
- Scanner metrics (P/E, P/S, ROE, earnings surprise) are computed from trailing twelve-month figures; the release of the U.S. valuation allowance (Q2 FY 2026) is baked in and distorts the P/E downward — an adjusted P/E sits north of 50.
- Price and valuation figures are dated to July 17, 2026 (market value roughly $330 to $345 million); analyses are evergreen, daily prices are not a buy argument. Twin Disc's fiscal year ends June 30 — all quarterly references carry that fiscal-year offset.
About the Company
Twin Disc, Incorporated befasst sich mit dem Entwurf, der Herstellung und dem Verkauf von Kraftübertragungsanlagen für Marine- und schwere Off-Highway-Anwendungen in den USA, den Niederlanden, China, Australien, Finnland, Italien und international. Das Unternehmen ist in zwei Segmenten tätig: Manufacturing und Distribution.
| Employees | 980 |
|---|---|
| Headquarters | Milwaukee, WI |
| Website | twindisc.com |
| IPO Date | 31. Dec 1987 |
| Next Earnings | 20. Aug 2026 |
Management
| Name | Title | Birth Year |
|---|---|---|
| John H. Batten | President, CEO & Director | 1965 |
| Jeffrey S. Knutson CPA | VP of Finance, CFO, Treasurer & Secretary | 1965 |
| Tim Batten | Executive Vice President of Sales & Operations | – |
| Robin Schilz | Chief Information Officer | – |
| Brian W. Plemel | Chief Human Resources Officer | – |
| Mike Kienast | Corporate Controller | – |
| Greg Mueller | Director of Strategic Marketing | – |
| Mark Sandercock | Vice President of Supply Chain | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Chart
Interactive price chart (TradingView).
Data as of: July 20, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.