Slide 1: 4th Quarter and Full Year 2026 Earnings
4TH QUARTER AND FULL YEAR 2026 EARNINGS JUNE 24, 2026
Slide 2: Safe harbor statement
Safe harbor statement Forward-Looking Statements: This presentation contains certain statements that by be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such s
Slide 3: FY2026 recap
FY2026 recap [USD m, %, basis points] FY2026 YoY Highlights Smooth leadership transitions Order bookings $860.8 +10.2% Order bookings expansion in Live Events, Transportation, HSPR, and International Efficient backlog conversion and demand pipeline, supporting Net sales $838.7 +10.9% near-term
Slide 4: Market verticals: Q4 review
Market verticals: Q4 review Live events High school park & recreation Installed product in 11 Major League Big wins in Q4 included Massillon, OH baseball stadiums for start of season and two school districts in TX, Rockwall Opened Miami Freedom Park, Home of and United ISDs Inter-Miami Footbal
Slide 5: FY2026 key business updates
FY2026 key business updates Mexico Service system Camino 8 manufacturing plant deployment Debuted at the LA Angels’ home Retired legacy platforms, simplifying 110,500 sq ft facility in Saltillo, Mexico opener, April 3, 2026 the stack and cutting maintenance Production starts July 2026; Com
Slide 6: Strong momentum continues
Strong momentum continues Industry Daktronics is the market leader in large-format LED displays and will continue leadership to lead with customer-centric solutions Attractive Growth is underpinned by participation in large, attractive end markets end markets benefiting from long-term secular demand
Slide 7: Accelerating organic growth; margin trending toward 10-12% objective
Accelerating organic growth; margin trending toward 10-12% objective 2026 Q4 and full year [USD m (except per share data), %, basis points] Q4 FY2026 YoY Change FY2026 YoY Change Net sales $208.6 +20.9% $838.7 +10.9% Gross profit margin 28.0% +300 bps 27.3% +150 bps Selling expense as a % of net sal
Slide 8: Record annual orders and sales with uplift in gross margin
Record annual orders and sales with uplift in gross margin Orders [USD m] Net sales [USD m] 240.7 238.5 219.0 229.3 222.0 208.6 +20.9% 199.1 201.1 172.6 181.9 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Gross profit [USD m, %] Highlights 65.1 61.8 58.5 Growth in all segments 43.1 43.
Slide 9: Continued revenue tailwinds
Continued revenue tailwinds Backlog [USD m] +4.0% 360.3 356.2 341.6 342.3 +4.3% 320.6 41.3 164.6 170.7 12.8 66.3 96.6 56.7 23.6 27.2 35.2 2.5 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Est. remainder Total Daktronics Commercial Live events High school park & recreation Transportation International after Q1’27 8
Slide 10: Continued focus on expense efficiency & productivity
Continued focus on expense efficiency & productivity Depreciation & amortization [USD m] Product development [USD m, %] 11.8 10.0 10.7 10.4 10.5 4.8 4.8 4.8 5.1 4.6 5.8% 4.9% 4.6% 5.8% 5.7% Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Product development % of sales Absorbed $1.3m of O
Slide 11: Earnings summary
Earnings summary Operating income [USD m] Operating margin [%] 60.8 33.1 10.6% 9.4% 23.3 21.6 6.8% 7.3% 14.1 4.4% 1.1% 1.9 -1.7 -1.0% Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 FY25 FY26 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 FY25 FY26 Operating income + D&A [USD m] Earnings Per Share [USD] 80.2 1.05 +52.4% 0.92 52.7 (+2
Slide 12: Balance sheet and capital management
Balance sheet and capital management Working capital [USD m, %] Cash flow [USD m] 238 254 26 222 234 23 22 209 18 17 14 129% 12 121% 101% 104% 122% 8 -5 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 -10 Q4’25 Q1’26 Q2’26 Q3’26 Q4’26 Working capital % of sales Operating cash flow Free cash flow Share repurchases [US
Slide 13: Tracking to target
Tracking to target Disciplined growth, expanding margins, improving returns FY2025 FY2028 Revenue growth | 7-10% CAGR Value-based pricing Revenue mix diversification FY2028 New products/software solutions Operating margin|10-12% FY2025 Structural cost reduction across supply chain High val
Slide 14: FY2027 outlook and forward strategy
FY2027 outlook and forward strategy Robust pipeline across all end markets supports continued growth opportunities. $356m backlog provides revenue tailwind as enter FY2027 Year Execute strategic growth, operational excellence, and capital deployment outlook initiatives to achieve financial tar
Slide 15: Appendix
APPENDIX DAKTRONICS
Slide 16: Net sales and orders by business unit
Net sales and orders(1) by business unit [USD k] (1) Orders and backlog metrics are non-GAAP measures, and our methodology for determining orders and backlog may vary from the methodology used by other companies in determining their orders and backlog amounts. For more information related to backlog
Slide 17: Reconciliation of free cash flow
Reconciliation of free cash flow (1) [USD k] (1) In evaluating its business, Daktronics considers and uses free cash flow as a key measure of its operating performance. The term free cash flow is not defined under accounting principles generally accepted in the United States of America ("GAAP") and
Slide 18: Non-GAAP reconciliation: adjusted operating income
Non-GAAP reconciliation: adjusted operating income (1) [USD k] (1) Adjusted operating income. We disclose adjusted net income as a non-GAAP financial measurement in order to report our results exclusive of items that are non-recurring or not core to our operating business. We believe presenting this
Slide 19: Non-GAAP reconciliation: adjusted net income and adjusted EPS
Non-GAAP reconciliation: adjusted net income and adjusted EPS (1) [USD k] (1) Adjusted net income and adjusted EPS. We disclose adjusted net income and adjusted EPS as a non-GAAP financial measurement in order to report our results exclusive of items that are non-recurring or not core to our operati
Slide 20: Reconciliation of long-term debt
Reconciliation of long-term debt [USD k] 19