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TAYD

Taylor Devices, Inc.

TAYD

Taylor Devices, Inc. • NASDAQ
$49.78 ▲ 1.78% (+0.87)
Market Cap $156.21 M
52w High $53.73
52w Low $29.50
Dividend Yield 0%
P/E 18.3
Volume 3.74K
Outstanding Shares 3.14M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $9.918M ▼ $2.193M ▼ $2.19M ▼ 22.081% ▼ $0.7 ▼ $3.087M ▼
Q4-2025 $15.561M ▲ $3.801M ▲ $3.688M ▲ 23.701% ▲ $1.17 ▲ $4.482M ▲
Q3-2025 $10.565M ▲ $2.509M ▼ $2.002M ▲ 18.952% ▼ $0.64 ▲ $2.578M ▲
Q2-2025 $3.886M ▼ $2.942M ▲ $1.056M ▼ 27.178% ▲ $0.34 ▼ $1.403M ▼
Q1-2025 $11.618M $2.599M $2.667M 22.953% $0.86 $3.291M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $36.304M ▲ $68.532M ▼ $4.281M ▼ $64.251M ▲
Q4-2025 $35.99M ▲ $72.868M ▲ $10.823M ▼ $62.044M ▲
Q3-2025 $35.437M ▲ $70.147M ▲ $12.344M ▲ $57.803M ▲
Q2-2025 $26.602M ▼ $60.908M ▼ $7.063M ▼ $55.799M ▲
Q1-2025 $27.136M $61.895M $7.971M $53.924M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $2.19M ▼ $483.628K ▼ $461.824K ▲ $16.898K ▼ $962.35K ▲ $298.64K ▼
Q4-2025 $3.688M ▲ $1.935M ▼ $-3.109M ▲ $62.365K ▲ $-1.111M ▼ $491.33K ▼
Q3-2025 $2.002M ▲ $9.023M ▲ $-9.078M ▼ $1.409K ▼ $-53.629K ▼ $8.835M ▲
Q2-2025 $1.056M ▼ $103.119K ▲ $1.459K ▼ $87.259K ▲ $191.837K ▲ $3.836M ▲
Q1-2025 $2.667M $-3.589M $2.911M $11.013K $-667.975K $-3.836M

Five-Year Company Overview

Income Statement

Income Statement Taylor Devices has grown from a small, roughly break-even business to a clearly profitable one over the last several years. Sales have climbed steadily, and profits have risen even faster, suggesting better pricing power, a richer product mix, and improved cost control. Margins look healthy for an industrial manufacturer, and earnings per share have moved up meaningfully year after year, which signals that the core business is now on much stronger footing than it was earlier in the decade.

Balance Sheet

Balance Sheet The balance sheet looks conservative and straightforward. The company carries no financial debt and is largely funded by shareholder equity, which reduces financial risk and interest burdens. Total assets have trended upward, showing gradual expansion of the business. Reported cash levels have come down from prior years, which may reflect working capital needs or internal reinvestment, but the absence of debt suggests the company has not relied on borrowing to fund growth. Overall, it appears to be a solid, low-leverage balance sheet with room to navigate downturns.

Cash Flow

Cash Flow Operating cash flow has been consistently positive in recent years, broadly matching the growth in profits, which supports the quality of earnings. Free cash flow has been positive in most years but somewhat uneven, which is normal for a project-driven industrial business. Capital spending appears modest, indicating a relatively asset-light model, but it also raises the question of whether future periods may require a step-up in investment if demand continues to grow. In general, cash generation looks adequate to support ongoing operations and incremental growth without obvious strain.

Competitive Edge

Competitive Edge Taylor Devices occupies a specialized niche in shock and vibration control, rather than competing as a broad, generic machinery maker. Its long history, high-profile reference projects, and deep relationships in aerospace, defense, and infrastructure create meaningful barriers for new entrants. The company’s reputation for reliability in safety-critical applications, along with a sizable installed base and repeat customers, strengthens its position. However, its focus on niche markets also means exposure to project timing, government budgets, and construction cycles, which can make revenue somewhat lumpy despite the strong underlying moat.

Innovation and R&D

Innovation and R&D Innovation is a central part of Taylor’s identity. The company’s roots in space program technology and its recognition in the Space Technology Hall of Fame highlight genuine technical depth. It continues to refine fluid viscous dampers and related systems, branching into advanced structural solutions, tuned mass dampers, nuclear applications, and next-generation aerospace and defense products. An active patent portfolio and ongoing R&D spending show that management is thinking long term, aiming to stay ahead in performance, safety, and engineering complexity rather than competing mainly on price.

Summary

Taylor Devices looks like a mature niche engineering firm that has successfully converted decades of technical expertise into stronger financial performance. Profits and cash flow have improved, the balance sheet is clean with no debt, and the company benefits from a strong reputation in demanding, safety-critical markets. At the same time, its project-driven, highly specialized nature means results can be uneven from period to period, and low recent capital spending may eventually need to rise to support further growth. Overall, the picture is of a conservatively financed, innovation-led industrial business with a solid competitive position and growing earnings, but with the usual exposure to economic cycles and project timing common to this type of company.

NEWS

October 1, 2025 · 8:15 AM UTC

TAYLOR DEVICES ANNOUNCES FIRST QUARTER RESULTS

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