Business
Daktronics, Inc. Announces 2026 Fiscal Second Quarter Results
Operating Profit of $22 million, up 36.7% YoY, Operating Margin of 9.4% Double-digit growth in orders and sales Entering Second Half with $321 million of
About this update from Daktronics, Inc.
[{"type":"text","content":"Operating Profit of $22 million, up 36.7% YoY, Operating Margin of 9.4% Double-digit growth in orders and sales Entering Second Half with $321 million of Product Backlog, up 36% from second quarter fiscal 2025 Ending Net Cash Balance of $138 million Business and Digital Transformation on Track; Reiterating Three Year Forward Objectives of 7-10% Sales Growth, 10-12% operating margin, 17-20% ROIC BROOKINGS, S.D., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) (the “Company”, “Daktronics”, “we”, or “us”), a recognized industry leader in the design and manufacturing of best-in-class dynamic video communication displays and control systems for customers worldwide, today reported results for its fiscal 2026 second quarter which ended November 1, 2025. Fiscal 2026 is a 53-week year and fiscal 2025 was a 52-week year. As a result, the six months ended November 1, 2025, includes 27 weeks of operating results, whereas the six months ended October 26, 2024, includes 26 weeks of operating results. Fiscal Q2 2026 financial highlights include: Operating income increased to $21.6 million, compared to $15.8 million for the second quarter of fiscal 2025; the year-ago quarter included $3.3 million of consulting expenses associated with business transformationOperating margin as a percentage of net sales rose to 9.4%, compared to 7.6% for the second quarter of fiscal 2025Sales of $229.3 million, compared to $208.3 million for the second quarter of fiscal 2025, reflecting the third consecutive quarter of sequential revenue growthNew orders for product and service rose to $199.1 million(1) for the quarter, compared to $177.6 million from the second quarter of fiscal 2025Product backlog increased to $320.6 million(1) for the quarter, up from $236.0 million for the second quarter of fiscal 2025 Brad Wiemann, Daktronicsʹ Interim President and Chief Executive Officer, commented, “We delivered another solid quarter of revenue and profit expansion, representing our third consecutive quarter of top-line growth and our second quarter of driving operating income over $20 million. Our teams provided exemplary performance in manufacturing, installation and service execution throughout the first half, and our results reflect continued profitability improvement through value-based pricing and operational efficiencies. Orders grew 12.1 percent f...