NASDAQ : DAKT
Daktronics, Inc. — Financial statements
Technology · Electronic Components · United States
Last price 18.86 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 907.03M
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Financial statements
Daktronics, Inc. (DAKT) reported revenue of 854.30M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 854.30M | 838.71M | 756.48M | 818.08M | 754.20M | 610.97M |
| Cost of Revenue | 618.77M | 609.70M | 560.99M | 595.64M | 602.84M | 494.27M |
| Gross Profit | 235.53M | 229.01M | 195.49M | 222.44M | 151.35M | 116.70M |
| Selling, General & Admin | 128.12M | 124.70M | 123.51M | 99.59M | 95.40M | 83.64M |
| Research & Development | 44.90M | 43.46M | 38.86M | 35.74M | 29.99M | 29.01M |
| Operating Expenses | 173.02M | 168.16M | 162.37M | 135.33M | 125.39M | 112.65M |
| Operating Income | 62.51M | 60.85M | 33.12M | 87.11M | 25.96M | 4.05M |
| Interest Expense | -2.43M | -2.43M | -4.49M | -8.30M | -1.13M | -49.00K |
| Interest & Investment Income | 6.30M | 6.06M | 5.83M | 1.53M | 207.00K | 220.00K |
| Earnings From Equity Investments | -1.20M | -2.01M | -3.05M | -3.76M | -3.33M | -2.97M |
| Currency Exchange Gain (Loss) | -1.13M | -1.13M | 658.00K | 284.00K | 479.00K | -227.00K |
| Other Non Operating Income (Expenses) | -2.77M | -3.50M | -15.40M | 96.00K | 115.00K | 88.00K |
| EBT Excluding Unusual Items | 61.28M | 57.83M | 16.67M | 76.96M | 22.31M | 1.11M |
| Merger & Restructuring Charges | 501.00K | 501.00K | ||||
| Impairment of Goodwill | -4.58M | |||||
| Gain (Loss) on Sale of Investments | -6.36M | -4.47M | ||||
| Other Unusual Items | -22.52M | -16.55M | ||||
| Pretax Income | 61.78M | 58.33M | -5.85M | 54.05M | 13.26M | 1.11M |
| Income Tax Expense | 13.44M | 12.96M | 4.27M | 19.43M | 6.46M | 516.00K |
| Net Income | 48.34M | 45.38M | -10.12M | 34.62M | 6.80M | 592.00K |
| Net Income to Common | 48.34M | 45.38M | -10.12M | 34.62M | 6.80M | 592.00K |
| Shares Outstanding (Basic) | 48.38M | 48.56M | 47.59M | 45.90M | 45.40M | 45.19M |
| Shares Outstanding (Diluted) | 49.17M | 49.38M | 47.59M | 46.54M | 45.52M | 45.33M |
| EPS (Basic) | 1.00 | 0.93 | -0.21 | 0.75 | 0.15 | 0.01 |
| EPS (Diluted) | 0.99 | 0.92 | -0.21 | 0.74 | 0.15 | 0.01 |
| Free Cash Flow | 39.80M | 34.30M | 78.22M | 46.26M | -10.36M | -47.41M |
| Free Cash Flow Per Share | 0.81 | 0.69 | 1.64 | 0.99 | -0.23 | -1.05 |
| Gross Margin | 27.57% | 27.30% | 25.84% | 27.19% | 20.07% | 19.10% |
| Operating Margin | 7.32% | 7.26% | 4.38% | 10.65% | 3.44% | 0.66% |
| Profit Margin | 5.66% | 5.41% | -1.34% | 4.23% | 0.90% | 0.10% |
| Free Cash Flow Margin | 4.66% | 4.09% | 10.34% | 5.66% | -1.37% | -7.76% |
| EBITDA | 80.76M | 79.22M | 51.05M | 104.86M | 42.96M | 19.44M |
| EBITDA Margin | 9.45% | 9.45% | 6.75% | 12.82% | 5.70% | 3.18% |
| D&A For EBITDA | 18.25M | 18.37M | 17.93M | 17.74M | 16.99M | 15.39M |
| EBIT | 62.51M | 60.85M | 33.12M | 87.11M | 25.96M | 4.05M |
| EBIT Margin | 7.32% | 7.26% | 4.38% | 10.65% | 3.44% | 0.66% |
| Effective Tax Rate | 21.76% | 22.21% | 35.95% | 48.69% | 46.57% |
Balance sheet
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 154.59M | 131.64M | 127.51M | 81.30M | 23.98M | 17.14M |
| Short-Term Investments | 534.00K | 4.02M | ||||
| Cash & Short-Term Investments | 154.59M | 131.64M | 127.51M | 81.30M | 24.52M | 21.16M |
| Accounts Receivable | 209.81M | 188.55M | 136.37M | 173.28M | 157.98M | 145.58M |
| Other Receivables | 3.12M | 6.05M | 3.22M | 448.00K | 326.00K | 603.00K |
| Receivables | 212.93M | 194.59M | 139.59M | 173.73M | 158.31M | 146.19M |
| Inventory | 117.52M | 110.47M | 105.84M | 138.01M | 149.45M | 134.39M |
| Prepaid Expenses | 15.75M | 11.28M | 8.52M | 8.53M | 9.68M | 14.96M |
| Restricted Cash | 379.00K | 708.00K | 865.00K | |||
| Total Current Assets | 500.78M | 447.98M | 381.45M | 401.95M | 342.66M | 317.57M |
| Property, Plant & Equipment | 77.20M | 76.09M | 83.26M | 92.92M | 72.15M | 66.77M |
| Long-Term Investments | 19.14M | 32.32M | ||||
| Goodwill | 3.60M | 3.69M | 3.19M | 3.23M | 3.24M | 7.93M |
| Other Intangible Assets | 3.19M | 3.26M | 568.00K | 840.00K | 1.14M | 1.47M |
| Long-Term Accounts Receivable | 371.00K | 1.12M | 1.03M | 562.00K | 264.00K | 1.49M |
| Long-Term Deferred Tax Assets | 22.24M | 22.27M | 32.10M | 25.86M | 16.87M | 13.33M |
| Long-Term Deferred Charges | 1.29M | 2.53M | 3.87M | |||
| Total Assets | 607.38M | 554.41M | 502.89M | 527.88M | 468.10M | 440.88M |
| Accounts Payable | 80.32M | 68.62M | 46.67M | 60.76M | 67.52M | 76.31M |
| Accrued Expenses | 49.87M | 41.62M | 39.66M | 41.04M | 33.75M | 32.65M |
| Current Portion of Long-Term Debt | 1.15M | 1.15M | 1.50M | 1.50M | ||
| Current Portion of Leases | 3.24M | 2.04M | 1.98M | 2.25M | 2.31M | |
| Current Income Taxes Payable | 316.00K | 1.38M | 375.00K | 4.95M | 2.86M | 408.00K |
| Current Unearned Revenue | 85.97M | 65.31M | 69.05M | 65.52M | 91.55M | 90.39M |
| Other Current Liabilities | 13.16M | 12.40M | 12.71M | 16.54M | 12.23M | 11.62M |
| Total Current Liabilities | 230.78M | 193.71M | 172.00M | 192.30M | 210.16M | 213.69M |
| Long-Term Debt | 9.36M | 9.63M | 10.49M | 53.16M | 17.75M | |
| Long-Term Leases | 4.63M | 4.12M | ||||
| Long-Term Unearned Revenue | 20.30M | 20.66M | 18.42M | 16.34M | 13.10M | 11.00M |
| Long-Term Deferred Tax Liabilities | 22.00K | 22.00K | 85.00K | 143.00K | 195.00K | 287.00K |
| Other Long-Term Liabilities | 24.66M | 25.54M | 29.96M | 27.15M | 26.02M | 24.33M |
| Total Liabilities | 289.75M | 253.66M | 230.96M | 289.09M | 267.23M | 249.31M |
| Common Stock | 63.02M | 61.79M | ||||
| Additional Paid-In Capital | 198.90M | 196.84M | 189.94M | 117.57M | 50.26M | 48.37M |
| Retained Earnings | 192.72M | 173.29M | 127.91M | 138.03M | 103.41M | 96.61M |
| Treasury Stock | -69.73M | -65.32M | -39.76M | -10.29M | -10.29M | -10.29M |
| Comprehensive Income & Other | -4.25M | -4.05M | -6.16M | -6.53M | -5.53M | -4.92M |
| Shareholders' Equity | 317.63M | 300.75M | 271.93M | 238.79M | 200.88M | 191.56M |
| Total Liabilities & Equity | 607.38M | 554.41M | 502.89M | 527.88M | 468.10M | 440.88M |
| Total Debt | 15.14M | 18.13M | 14.03M | 56.65M | 20.00M | 2.31M |
| Net Cash (Debt) | 139.45M | 113.51M | 113.48M | 24.65M | 4.51M | 18.85M |
| Net Cash Per Share | 2.84 | 2.30 | 2.38 | 0.53 | 0.10 | 0.42 |
| Filing Date Shares Outstanding | 48.09M | 48.28M | 49.11M | 46.30M | 45.70M | 45.03M |
| Total Common Shares Outstanding | 48.08M | 48.24M | 49.05M | 46.21M | 45.49M | 44.83M |
| Working Capital | 270.00M | 254.27M | 209.45M | 209.65M | 132.49M | 103.88M |
| Book Value Per Share | 6.61 | 6.23 | 5.54 | 5.17 | 4.42 | 4.27 |
| Tangible Book Value | 310.83M | 293.80M | 268.18M | 234.73M | 196.50M | 182.16M |
| Tangible Book Value Per Share | 6.46 | 6.09 | 5.47 | 5.08 | 4.32 | 4.06 |
| Land | 3.17M | 3.02M | 2.90M | 2.00M | 1.90M | |
| Buildings | 74.04M | 73.37M | 71.67M | 71.22M | 69.17M | |
| Machinery | 162.93M | 158.92M | 150.51M | 144.76M | 128.50M | |
| Construction In Progress | 2.80M | 1.62M | 5.06M | 2.81M | 5.79M | |
| Order Backlog | 356.20M | 341.60M |
Cash flow statement
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 48.34M | 45.38M | -10.12M | 34.62M | 6.80M | 592.00K |
| Depreciation & Amortization | 18.25M | 18.37M | 17.93M | 17.74M | 16.99M | 15.39M |
| Other Amortization | 965.00K | 965.00K | 1.61M | 4.90M | ||
| Loss (Gain) From Sale of Assets | -199.00K | -209.00K | -156.00K | 44.00K | -691.00K | -743.00K |
| Asset Writedown & Restructuring Costs | 6.36M | 9.05M | ||||
| Loss (Gain) on Equity Investments | 1.20M | 2.01M | 3.05M | 3.76M | 3.33M | 2.97M |
| Stock-Based Compensation | 5.17M | 4.91M | 2.94M | 2.09M | 2.03M | 1.97M |
| Provision & Write-off of Bad Debts | 244.00K | 627.00K | -644.00K | 373.00K | 1.01M | -286.00K |
| Other Operating Activities | 9.93M | 9.94M | 16.22M | 7.48M | -3.63M | -1.55M |
| Change in Accounts Receivable | -39.92M | -51.08M | 39.88M | -17.00M | -15.30M | -43.42M |
| Change in Inventory | -6.61M | -3.42M | 32.54M | 10.86M | -15.06M | -61.16M |
| Change in Accounts Payable | 13.61M | 28.68M | -14.12M | -7.12M | -5.34M | 33.00M |
| Change in Unearned Revenue | 4.26M | -1.67M | 5.60M | -22.70M | 3.47M | 27.40M |
| Change in Income Taxes | -2.85M | -1.82M | -7.25M | 1.94M | 2.62M | -258.00K |
| Change in Other Net Operating Assets | -241.00K | -6.67M | -5.26M | 19.88M | 9.76M | -942.00K |
| Operating Cash Flow | 54.55M | 49.22M | 97.71M | 63.24M | 15.02M | -27.04M |
| Capital Expenditures | -14.75M | -14.92M | -19.49M | -16.98M | -25.39M | -20.38M |
| Sale of Property, Plant & Equipment | 616.00K | 615.00K | 277.00K | 174.00K | 822.00K | 885.00K |
| Cash Acquisitions | 44.00K | 44.00K | ||||
| Investment in Securities | 550.00K | 3.49M | -4.04M | |||
| Other Investing Activities | -3.84M | -5.38M | -4.57M | -5.05M | -4.32M | -7.85M |
| Investing Cash Flow | -17.93M | -19.64M | -23.78M | -21.31M | -25.39M | -31.38M |
| Long-Term Debt Issued | 1.40M | 41.17M | 379.93M | 46.80M | ||
| Total Debt Issued | 1.40M | 1.40M | 41.17M | 379.93M | 46.80M | |
| Long-Term Debt Repaid | -2.99M | -2.52M | -19.84M | -361.25M | -47.00M | |
| Net Debt Issued (Repaid) | -1.27M | -1.59M | -2.52M | 21.33M | 18.68M | -200.00K |
| Issuance of Common Stock | 1.87M | 1.80M | 5.15M | 1.30M | 21.00K | 8.00K |
| Repurchase of Common Stock | -20.20M | -26.45M | -30.08M | -303.00K | -140.00K | -3.38M |
| Other Financing Activities | -7.21M | -991.00K | ||||
| Financing Cash Flow | -19.61M | -26.24M | -27.45M | 15.12M | 17.57M | -3.58M |
| Foreign Exchange Rate Adjustments | 716.00K | 794.00K | -653.00K | -69.00K | -522.00K | -399.00K |
| Net Cash Flow | 17.73M | 4.13M | 45.83M | 56.99M | 6.68M | -62.39M |
| Free Cash Flow | 39.80M | 34.30M | 78.22M | 46.26M | -10.36M | -47.41M |
| Free Cash Flow Margin | 4.66% | 4.09% | 10.34% | 5.66% | -1.37% | -7.76% |
| Free Cash Flow Per Share | 0.81 | 0.69 | 1.64 | 0.99 | -0.23 | -1.05 |
| Levered Free Cash Flow | 17.29M | 4.49M | 67.25M | 35.41M | -16.05M | -42.86M |
| Unlevered Free Cash Flow | 17.84M | 5.04M | 68.44M | 35.69M | -15.35M | -42.83M |
| Cash Interest Paid | 624.00K | 847.00K | 3.07M | 2.86M | 1.07M | 16.00K |
| Cash Income Tax Paid | 6.67M | 5.12M | 17.81M | 26.45M | 7.49M | 1.95M |
| Change in Working Capital | -31.75M | -35.97M | 51.39M | -14.13M | -19.86M | -45.38M |
Ratios
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 919.53M | 951.47M | 626.67M | 411.38M | 218.69M | 152.31M |
| Enterprise Value | 780.08M | 818.10M | 537.02M | 384.58M | 238.17M | 117.39M |
| Last Close Price | 19.12 | 19.70 | 12.56 | 9.29 | 4.81 | 3.35 |
| PE Ratio | 19.35 | 20.97 | 11.88 | 32.15 | 257.28 | |
| Forward PE | 14.38 | 19.50 | 15.51 | 12.39 | 18.17 | 18.17 |
| PS Ratio | 1.08 | 1.13 | 0.83 | 0.50 | 0.29 | 0.25 |
| PB Ratio | 2.89 | 3.16 | 2.31 | 1.72 | 1.09 | 0.80 |
| P/TBV Ratio | 2.96 | 3.24 | 2.34 | 1.75 | 1.11 | 0.84 |
| P/FCF Ratio | 23.10 | 27.74 | 8.01 | 8.89 | ||
| P/OCF Ratio | 16.86 | 19.33 | 6.41 | 6.50 | 14.56 | |
| PEG Ratio | 0.58 | 0.65 | 0.52 | 0.41 | 1.82 | 1.82 |
| EV/Sales Ratio | 0.91 | 0.97 | 0.71 | 0.47 | 0.32 | 0.19 |
| EV/EBITDA Ratio | 9.66 | 10.33 | 10.52 | 3.67 | 5.54 | 6.04 |
| EV/EBIT Ratio | 12.48 | 13.45 | 16.21 | 4.42 | 9.17 | 29.02 |
| EV/FCF Ratio | 19.60 | 23.85 | 6.87 | 8.31 | ||
| Debt / Equity Ratio | 0.05 | 0.06 | 0.05 | 0.24 | 0.10 | 0.01 |
| Debt / EBITDA Ratio | 0.18 | 0.22 | 0.26 | 0.52 | 0.43 | 0.10 |
| Debt / FCF Ratio | 0.38 | 0.53 | 0.18 | 1.23 | ||
| Net Debt / Equity Ratio | -0.44 | -0.38 | -0.42 | -0.10 | -0.02 | -0.10 |
| Net Debt / EBITDA Ratio | -1.73 | -1.43 | -2.22 | -0.23 | -0.10 | -0.97 |
| Net Debt / FCF Ratio | -3.50 | -3.31 | -1.45 | -0.53 | 0.44 | 0.40 |
| Asset Turnover | 1.48 | 1.59 | 1.47 | 1.64 | 1.66 | 1.50 |
| Inventory Turnover | 5.45 | 5.64 | 4.60 | 4.14 | 4.25 | 4.74 |
| Quick Ratio | 1.59 | 1.68 | 1.55 | 1.33 | 0.87 | 0.78 |
| Current Ratio | 2.17 | 2.31 | 2.22 | 2.09 | 1.63 | 1.49 |
| Return on Equity (ROE) | 16.18% | 15.85% | -3.96% | 15.75% | 3.47% | 0.31% |
| Return on Assets (ROA) | 6.78% | 7.19% | 4.02% | 10.93% | 3.57% | 0.62% |
| Return on Invested Capital (ROIC) | 26.77% | 27.38% | 17.78% | 27.18% | 7.22% | 1.49% |
| Return on Capital Employed (ROCE) | 16.60% | 16.90% | 10.00% | 26.00% | 10.10% | 1.80% |
| Earnings Yield | 5.17% | 4.77% | -1.62% | 8.42% | 3.11% | 0.39% |
| FCF Yield | 4.33% | 3.60% | 12.48% | 11.24% | -4.74% | -31.13% |
| Buyback Yield / Dilution | -1.51% | -3.77% | -2.24% | -2.25% | -0.43% | -0.27% |
| Total Shareholder Return | -1.51% | -3.77% | -2.24% | -2.25% | -0.43% | -0.27% |