Financial Performance - Taylor Devices, Inc. reported 2nd quarter sales of $11,603,472, a significant increase from $8,548,881 in the same quarter last year, marking a year-on-year growth of approximately 36% [1][4] - Net earnings for the 2nd quarter reached $2,008,624, up from $1,056,160 in the previous year, representing an increase of about 90% [2][4] - For the first half of the fiscal year, sales totaled $21,521,822, compared to $20,166,737 in the prior year, reflecting a growth of approximately 6.7% [1][4] - Net earnings for the first half were $4,198,708, an increase from $3,722,815 year-on-year, which is about 12.8% growth [2][4] Operational Highlights - The CEO, Tim Sopko, noted that the company achieved a record high in 2nd quarter sales at $11.6 million, surpassing the previous record of $10.5 million set in FY23 [3] - The first half sales also set a new record at $21.5 million, exceeding the prior record of $20.3 million from FY24 [3] - The firm order backlog stands at $25.1 million, slightly down from $27.1 million at the beginning of the fiscal year, attributed to timing variances in order receipt and delivery [3] Market Focus - The company continues to target growth in the Aerospace/Defense market, as well as the global Structural Construction and Industrial markets [3] - Increased activity from Aerospace/Defense customers is helping to mitigate challenges faced by Structural and Industrial market customers [3]

Financial Performance - Taylor Devices, Inc. reported 4th quarter sales of $15,561,154, an increase from $12,065,211 in the same quarter last year, marking a growth of approximately 29.5% [1][4] - Full year sales reached $46,292,725, up from $44,582,807, representing a year-on-year increase of about 3.8% [1][4] Net Income - The net income for the 4th quarter was $3,688,076, significantly higher than last year's $2,472,630, reflecting an increase of approximately 48.9% [2][4] - For the fiscal year, net income was $9,413,136, compared to $8,998,762 the previous year, indicating a growth of about 4.6% [2][4] Earnings Per Share - Earnings per share for the 4th quarter increased to $1.17 from $0.80, showing a rise of approximately 46.3% [4] - For the full fiscal year, earnings per share rose to $3.01 from $2.68, which is an increase of about 12.3% [4] Market Segments - The company noted that all three customer-facing product groups—Aerospace/Defense, Structural, and Industrial—contributed positively to the results, with Aerospace/Defense and Industrial markets showing positive momentum [3] - The Structural market faced challenges due to higher interest rates and unfavorable foreign exchange rates [3] Order Backlog and Future Outlook - The firm order backlog stood at $27.1 million as the company entered FY26, indicating a strong position for future growth [3] - Continued investments in personnel, technology, processes, and facilities are expected to support ongoing profitable growth [3]