Taylor Devices Q1 Sales Drop 26%, Margin Halves, but Backlog Hits $55.2M
TAYD sits 51% above its 52-week low of $40.5.
Summary
Q1 FY2027 revenue fell 26% and net income fell 79%, but backlog climbed to $55.2M and cash/investments stand at $49.1M.
Key Events · Earnings and Guidance · TAYD
-
Q1 Sales and Profit Decline
Net sales fell 26% YoY to $7.3M; net income fell 79% to $457K, with EPS of $0.14 vs $0.70 a year earlier.
-
Gross Margin Compression
Gross margin contracted to 30% from 45% a year earlier, driven by lower revenue and a shift in sales mix.
-
Backlog Strengthens
Backlog rose to $55.2M from $52.8M at FY2026 year-end, including a $19.0M non-project order with deliveries through FY2030.
-
Strong Liquidity Position
Cash and short-term investments total $49.1M; operating cash flow was $7.8M for the quarter.
Analysis · TAYD · Technology
Taylor Devices opened FY2027 with a sharp profit decline: net sales fell 26% to $7.3 million and net income dropped 79% to $457,000, as gross margin contracted to 30% from 45% a year earlier on lower revenue and a shift in sales mix. The quarter's weakness is offset by a strengthening order book — backlog rose to $55.2 million from $52.8 million at year-end, including a $19.0 million non-project order with deliveries stretching to FY2030. The balance sheet remains strong with $49.1 million in cash and short-term investments and $7.8 million in operating cash flow, giving the company ample runway to convert the backlog.
How filings like this one have moved
In the 30 days to Oct 11, 2026, 29% of the 1523 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TAYD was trading at $61.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $197.1M. The 52-week trading range was $40.50 to $90.37. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.