Taylor Devices Achieves New Sales Milestones for Fiscal Year 2026
On December 31, 2025, Taylor Devices, Inc. (NASDAQ SmallCap: "TAYD") reported extraordinary sales figures for the second quarter of fiscal year 2026. The data reveals a remarkable sales total of
$11,603,472, significantly up from the previous year's sales of
$8,548,881 for the same quarter. Furthermore, the company's performance for the first half of FY2026 reflects overall sales of
$21,521,822, surpassing last year’s total of
$20,166,737.
The outstanding performance is also evident in net earnings, with the second quarter net earnings reaching
$2,008,624, which is a substantial increase from last year’s second quarter earnings of
$1,056,160. Net earnings for the first half stood at
$4,198,708, compared to
$3,722,815 for the prior year, marking growth of 13%.
Tim Sopko, the CEO of Taylor Devices, attributed this achievement to the team's exceptional execution during the past quarter. He exclaimed, “We have achieved a record sales figure for a second quarter, hitting
$11.6 million, which beats our previous high of
$10.5 million set in FY23.” He also noted that this success contributed to a record-breaking first half sales figure of
$21.5 million, exceeding last year's high of
$20.3 million.
The quarterly results reveal a
90% increase in earnings year-on-year, driven by higher sales volume and improved operational efficiency. Furthermore, Sopko emphasized that while the company’s order backlog had dipped slightly to
$25.1 million from
$27.1 million at the start of the fiscal year, this slight decrease was attributed to timing discrepancies between order receipts and delivery schedules. He noted that the ongoing demand from Aerospace and Defense market customers remains robust and positively impacts the company's sales performance despite the challenges faced by customers in the Structural and Industrial sectors.
Looking to the future, Sopko expressed optimism about the impact of Taylor Devices' recently completed Development Lab. He stated, “We will continue to proactively pursue opportunities for our custom-engineered products, focusing on sectors where our solutions are eagerly needed and valued.” He specifically highlighted the company's commitment to the Aerospace/Defense, Structural, and Industrial markets as cornerstones for continued profitable growth.
Established 70 years ago, Taylor Devices, Inc. is engaged in the engineering, development, manufacturing, and marketing of advanced shock absorption and energy storage devices. These innovations are utilized across a wide array of vehicles, machinery, and structures. The company's strategic focus remains on growth within domestic Aerospace and Defense and the global Structural Construction and Industrial markets, reflecting its commitment to remaining at the forefront of industry innovation.
For more information on Taylor Devices and its latest developments, visit
the official website or access additional insights via
their investor relations page.