Daktronics, Inc. reports strong FY2025 with increased orders and improved contribution margin.

From GlobeNewswire: 2025-06-25 07:30:00

Daktronics, Inc. reported FY2025 operating profit of $33 million and adjusted operating profit of $50 million. FQ4 saw an operating loss of $2 million, but adjusted operating income of $6 million. Orders in FQ4 increased by 29% sequentially and 17% YoY, with a year-end product backlog of $342 million, up 8%.

FY2025 operating cash flow rose by 55% to $98 million, with a year-end cash balance of $128 million. The company’s business and digital transformation are on track, reconfirming three-year objectives of 7-10% sales growth, 10-12% operating margin, and 17-20% return on invested capital.

Daktronics embarked on a business transformation program in FY2025 to achieve higher profit growth. New orders reflect strong growth, especially in the International business unit. The company also improved contribution margin in the Commercial and Transportation segments through various efficiencies.

The tariff environment remains uncertain for Daktronics, affecting its ability to determine the ultimate tariff impact. The company is implementing measures like price adjustments, supply chain flexibility, and a global manufacturing footprint to mitigate tariff impacts and ensure long-term growth.

Looking ahead to fiscal 2026, Daktronics is well-positioned to capitalize on market demand. The company’s transformation efforts and financial objectives are on track. Fiscal 2025 saw growth in orders, especially in the Commercial, High School Park and Recreation, and International business units, setting the stage for revenue growth in fiscal 2026.



Read more at GlobeNewswire:: Daktronics, Inc. Announces Fiscal Year and Fourth Quarter