Daktronics Inc
DAKT
$17.51 0.34%
Exchange: NASDAQ | Sector: Technology | Industry: Hardware Equipment Parts
Q1 2026
Published: Sep 10, 2025

Earnings Highlights

  • Revenue of $218.97M up 1.4% year-over-year
  • EPS of $0.33 increased by 525% from previous year
  • Gross margin of 29.7%
  • Net income of 16.47M
  • "We delivered a strong beginning to fiscal 2026, and to our three-year plan. Ending cash balance of $136.9 million, and backlog of $360 million, which sets us up well for future revenue generation." - Brad Wiemann
DAKT
Company DAKT

Executive Summary

Daktronics reported a solid start to fiscal 2026 (QQ1) with a revenue of $218.97 million and gross margin of 29.7%, delivering net income of $16.47 million and EPS of $0.34. The quarter benefited from a favorable revenue mix and fixed-cost leverage, plus a longer-than-usual 14-week period that contributed approximately $1.5 million of incremental profit. Management highlighted robust order activity across Live Events, High School Park and Recreation (HSPR), and International segments, including three large Major League sports projects and record HSPR orders, which collectively expanded backlog to $360 million and supported a revenue tailwind into the remainder of the year. Importantly, the company reinforced its ongoing business and digital transformation initiatives aimed at sustaining margin discipline, improving service delivery, and enabling a shift toward higher-margin, value-based offerings.

Key Performance Indicators

Revenue
Increasing
218.97M
QoQ: 46.46% | YoY: 1.43%
Gross Profit
Increasing
65.07M
29.72% margin
QoQ: 76.92% | YoY: 17.50%
Operating Income
Increasing
23.27M
QoQ: 741.46% | YoY: 19.79%
Net Income
Increasing
16.47M
QoQ: 196.00% | YoY: 554.09%
EPS
Increasing
0.34
QoQ: 194.44% | YoY: 525.00%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 218.97 0.33 +1.4% View
Q3 2025 149.51 -0.36 -12.2% View
Q2 2025 208.33 0.22 +4.5% View
Q1 2025 226.09 -0.11 -2.8% View
Q4 2024 215.88 0.05 +2.9% View