Daktronics reported record fiscal 2026 net sales of $838.7 million, up 10.9% from fiscal 2025, and record full-year orders of $860.8 million, up 10.2%.
Fourth-quarter sales rose to $208.6 million, a 20.9% increase from the same quarter a year earlier. Operating margin in the quarter improved to 6.8% from a negative 1.0% in the prior-year period.
Earnings also improved sharply. Fourth-quarter earnings per share were $0.17, compared with a loss of $0.19 a year ago. Adjusted earnings per share increased to $0.27 from $0.18, a 50% gain. For the full year, EPS reached $0.92 versus a loss of $0.21 in fiscal 2025, while adjusted EPS rose to $1.05 from $0.84.
Full-year operating margin expanded to 7.3% from 4.4% in fiscal 2025.
Orders in the fourth quarter totaled $222.0 million, down 7.7% from the exceptionally strong prior-year quarter. Even so, year-end backlog increased to $356.2 million, up 4.3% from the prior year-end.
The company said fiscal 2026 was a 53-week year, compared with 52 weeks in fiscal 2025. As a result of these announcements, the company's shares have moved -5.27% on the market, and are now trading at a price of $19.05. For more information, read the company's full 8-K submission here.
