Record $52.8M Backlog and Largest-Ever $19M Order Offset 10% Revenue Drop
TAYD sits 37% above its 52-week low of $40.5.
Summary
Taylor Devices reported Q4 sales down 42% to $8.95M and full-year revenue down 10% to $41.65M, but the story is the backlog: a record $52.8M, nearly double last year's $33.1M, with 92% in aerospace/defense. That includes a single $19M order—the largest in company history. Gross margin held at 44% despite the sales decline, showing cost discipline. The company attributes the revenue drop to delayed customer order placement, not lost demand. With the backlog nearly 1.3x annual revenue, FY27 revenue visibility is unusually strong. Watch for conversion of the $19M order into shipments over the next few quarters.
At the time of this announcement, TAYD was trading at $55.35 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $178.2M. The 52-week trading range was $40.50 to $90.37. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: PR Newswire.