Daktronics Inc. (DAKT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$0.05	$0.07	+40.0%	—	$181.9M	—
Q2 26	$0.27	$0.35	+29.6%	—	$229.3M	—
Q1 26	$0.21	$0.33	+57.1%	—	$219M	—
Q4 25	$0.14	$0.18	+28.6%	—	$172.6M	—
Q3 25	$0.08	$0.01	-87.5%	—	$149.5M	—
Q2 25	$0.2	$0.27	+35.0%	—	$208.3M	—
Q1 25	$0.3	$0.36	+20.0%	—	$226.1M	—
Q4 24	$0.14	$0.27	+92.9%	—	$215.9M	—
Q3 24	$0.17	$0.08	-52.9%	—	$170.3M	—
Q2 24	$0.13	$0.27	+107.7%	—	$199.4M	—
Q1 24	$0.17	$0.57	+235.3%	—	$232.5M	—
Q4 23	$0.14	$0.47	+235.7%	—	$209.9M	—
Q3 23	—	$0.15	—	—	$185M	—
Q2 23	—	-$0.29	—	—	$187.4M	—
Q1 23	$0.02	-$0.12	-700.0%	—	$171.9M	—
Q4 22	—	-$0.02	—	—	$162.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$0.93	—	—	$838.7M	—
FY25	—	-$0.21	—	—	$756.5M	—
FY24	—	$0.75	—	—	$818.1M	—
FY23	—	$0.15	—	—	$754.2M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$586.5M	$610.5M	$569.7M	$608.9M	$482M	$611M	$754.2M	$818.1M	$756.5M	$838.7M
YoY change	+2.87%	+4.09%	-6.69%	+6.89%	-20.8%	+26.7%	+23.4%	+8.47%	-7.53%	+10.9%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	586.5M	610.5M	569.7M	608.9M	482M	611M	754.2M	818.1M	756.5M	838.7M
Cost of revenue	446.1M	464.9M	439.4M	470.2M	361.4M	494.3M	602.8M	595.6M	561M	609.7M
Gross profit	140.4M	145.7M	130.3M	138.7M	120.6M	116.7M	151.4M	222.4M	195.5M	229M
Gross margin	23.9%	23.9%	22.9%	22.8%	25%	19.1%	20.1%	27.2%	25.8%	27.3%
Research & development	29.1M	35.5M	35.6M	37.8M	26.8M	29M	30M	35.7M	38.9M	43.5M
Selling, general & administrative	95.9M	97.7M	99.5M	101.1M	76.6M	83.6M	95.4M	99.6M	123.5M	124.7M
Operating expenses	125M	133.2M	135M	138.9M	103.5M	112.7M	125.4M	135.3M	162.4M	168.2M
Operating income	15.4M	12.5M	-4.7M	-167K	17.1M	4M	26M	87.1M	17.6M	57.1M
Operating margin	2.63%	2.04%	-0.83%	-0.03%	3.55%	0.66%	3.44%	10.6%	2.33%	6.81%
Non-operating income, net	-354K	-537K	-1.1M	-541K	-3M	-3.1M	-11.8M	-29.6M	-24.8M	-2.4M
Pretax income	15.6M	12.4M	-4.9M	-9K	14.1M	1.1M	13.3M	54.1M	-5.9M	58.3M
Income tax	5.2M	6.9M	-4M	-500K	3.1M	516K	6.5M	19.4M	4.3M	13M
Net income	10.3M	5.6M	-958K	491K	10.9M	592K	6.8M	34.6M	-10.1M	45.4M
Net margin	1.76%	0.91%	-0.17%	0.08%	2.27%	0.1%	0.9%	4.23%	-1.34%	5.41%
EBITDA	34.7M	30.4M	14.1M	17.3M	34.9M	19.7M	51.5M	132.4M	15.9M	79.8M
EPS	0.23	0.13	-0.02	0.01	0.24	0.01	0.15	0.75	-0.21	0.93
Diluted EPS	0.23	0.12	-0.02	0.01	0.24	0.01	0.15	0.74	-0.21	0.92

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	199.4M	170.3M	215.9M	226.1M	208.3M	149.5M	172.6M	219M	229.3M	181.9M	208.6M	234.6M
Cost of revenue	145.2M	128.6M	160.5M	166.4M	152.5M	112.7M	129.4M	153.9M	167.4M	138.2M	150.1M	163M
Gross profit	54.2M	41.7M	55.4M	59.7M	55.9M	36.8M	43.1M	65.1M	61.8M	43.6M	58.5M	71.6M
Gross margin	27.2%	24.5%	25.7%	26.4%	26.8%	24.6%	25%	29.7%	27%	24%	28%	30.5%
Research & development	9.2M	8.8M	9.3M	9.6M	9.8M	9.4M	10M	10.7M	10.4M	10.5M	11.8M	12.1M
Selling, general & administrative	25.5M	24.8M	26.7M	27.4M	30.3M	31M	34.9M	31.1M	29.8M	31.2M	32.6M	34.5M
Operating expenses	34.8M	33.7M	36M	37M	40.1M	40.4M	44.9M	41.8M	40.3M	41.7M	44.4M	46.7M
Operating income	19.4M	8M	19.4M	22.7M	15.8M	-3.6M	-17.2M	23.3M	21.6M	1.9M	10.3M	24.9M
Operating margin	9.75%	4.72%	9%	10%	7.57%	-2.43%	-9.98%	10.6%	9.41%	1.06%	4.96%	10.6%
Non-operating income, net	-12M	5.3M	-11.8M	-22.4M	9.1M	-14.7M	3.1M	-1.9M	-259K	518K	-711K	-403K
Pretax income	6.2M	12.6M	7.2M	220K	25.2M	-17.8M	-13.4M	22.2M	21.9M	3.5M	10.7M	25.7M
Income tax	4M	1.9M	4.6M	5.2M	3.8M	-660K	-4M	5.8M	4.4M	502K	2.3M	6.2M
Net income	2.2M	10.7M	2.5M	-4.9M	21.4M	-17.2M	-9.4M	16.5M	17.5M	3M	8.4M	19.4M
Net margin	1.09%	6.31%	1.17%	-2.19%	10.3%	-11.5%	-5.46%	7.52%	7.63%	1.66%	4.03%	8.28%
EBITDA	23M	11.9M	56.6M	27.6M	20.7M	1.3M	-33M	28.1M	26.3M	7.1M	17.6M	29.6M
EPS	0.05	0.23	0.05	-0.11	0.46	-0.36	-0.19	0.34	0.36	0.06	0.17	0.4
Diluted EPS	0.05	0.09	0.05	-0.11	0.22	-0.36	-0.19	0.33	0.35	0.06	0.17	0.4

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	417.3M	400.6M	340.5M	203.5M	277.6M	151.4M	218.4M	433.8M	603.9M	954.8M	820M
Enterprise value	352M	336.3M	278.8M	164.3M	201.9M	132.5M	213.9M	409.1M	490.4M	837.1M	679.1M
Shares outstanding	44.1M	44.5M	44.9M	45M	45M	45.2M	45.4M	45.9M	47.6M	48.6M	48.6M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	40.4	72	—	414.5	25.4	255.7	32.1	12.5	—	21	17.4
P/S	0.71	0.66	0.6	0.33	0.58	0.25	0.29	0.53	0.8	1.14	0.97
P/B	2.1	2.03	1.81	1.15	1.43	0.79	1.09	1.82	2.22	3.17	2.6
EV/EBITDA	10.1	11.1	19.8	9.47	5.79	6.74	4.15	3.09	30.8	10.5	8.41
EV/Sales	0.6	0.55	0.49	0.27	0.42	0.22	0.28	0.5	0.65	1	0.8
Earnings yield	2.48%	1.39%	—	0.24%	3.94%	0.39%	3.11%	7.98%	—	4.75%	5.76%
FCF yield	7.41%	3.05%	3.61%	-3.58%	21%	-31.3%	-4.74%	10.7%	13%	3.59%	2.11%
PEG	—	—	—	—	—	—	—	—	—	—	0.98

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	23.9%	23.9%	22.9%	22.8%	25%	19.1%	20.1%	27.2%	25.8%	27.3%	30.5%
Operating margin	2.63%	2.04%	-0.83%	-0.03%	3.55%	0.66%	3.44%	10.6%	2.33%	6.81%	10.6%
Net margin	1.76%	0.91%	-0.17%	0.08%	2.27%	0.1%	0.9%	4.23%	-1.34%	5.41%	5.66%
ROE	5.22%	2.81%	-0.51%	0.28%	5.64%	0.31%	3.39%	14.5%	-3.72%	15.1%	16.2%
ROA	2.91%	1.55%	-0.27%	0.13%	2.91%	0.13%	1.45%	6.56%	-2.01%	8.18%	6.78%
ROIC	7.7%	4.18%	-3.75%	-0.12%	11.3%	1.25%	6.78%	26.1%	11.1%	24.3%	26.5%
Return on tangible assets	3.13%	1.66%	-0.3%	0.14%	3.08%	0.14%	1.48%	6.66%	-2.04%	8.39%	8.14%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.97	2.01	1.89	1.73	1.81	1.49	1.63	2.09	2.22	2.31	2.17
Quick ratio	1.46	1.44	1.3	1.13	1.3	0.86	0.92	1.37	1.6	1.74	1.66
Debt / equity	—	—	—	0.01	0.01	0.01	0.1	0.24	0.05	0.05	0.05
Debt / assets	—	—	—	0.01	0.01	0.01	0.04	0.11	0.03	0.03	0.02
Net debt / EBITDA	—	—	—	-2.26	-2.17	-0.96	-0.09	-0.19	-7.13	-1.47	-1.79
Interest coverage	68.8	58.3	-29.9	-1.58	58	—	—	—	-1.04	40.9	40.9
Effective tax rate	33.7%	55.2%	0%	0%	22.3%	46.6%	48.7%	35.9%	0%	22.2%	21.8%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	13.3	13.7	12.7	13.5	10.7	13.5	16.6	17.8	15.9	17.3	17.7
EPS (basic)	0.23	0.13	-0.02	0.01	0.24	0.01	0.15	0.75	-0.21	0.93	0.93
EPS (diluted)	0.23	0.12	-0.02	0.01	0.24	0.01	0.15	0.74	-0.21	0.92	0.99
Book value per share	4.49	4.45	4.18	3.93	4.3	4.24	4.42	5.2	5.71	6.19	6.61
FCF per share	0.7	0.28	0.27	-0.16	1.3	-1.05	-0.23	1.01	1.64	0.71	0.81
Cash per share	1.48	1.45	1.37	0.92	1.72	0.47	0.54	1.77	2.68	2.71	3.21
Capex per share	0.19	0.36	0.37	0.39	0.1	0.43	0.54	0.37	0.4	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	1.42%	2.61%	2.92%	2.92%	0.98%	3.19%	3.26%	2.05%	2.54%	—	—
Capex / operating cash flow	24.8%	54.3%	62%	397.6%	7.38%	-71.4%	-567.4%	47.6%	22.9%	—	—
Payout ratio	132%	223.4%	-1.3K%	1.8K%	0%	0%	—	—	—	—	0%
Dividend yield	3.27%	3.1%	3.69%	4.42%	0%	0%	—	—	—	—	1.17%

Yield

1.17%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.05

ex-dividend Mar 6, 2020

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 6, 2020	$0.05
Dec 13, 2019	$0.05
Sep 13, 2019	$0.05
Jun 7, 2019	$0.05
Mar 8, 2019	$0.07
Dec 7, 2018	$0.07
Sep 14, 2018	$0.07
Jun 8, 2018	$0.07

Split history

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$199.4M	$170.3M	$215.9M	$226.1M	$208.3M	$149.5M	$172.6M	$219M	$229.3M	$181.9M	$208.6M	$234.6M
YoY change	+6.36%	-7.93%	+2.87%	-2.77%	+4.5%	-12.2%	-20.1%	-3.15%	+10%	+21.6%	+20.9%	+7.12%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	65.3M	64.2M	61.7M	41.6M	77.6M	21.2M	24.5M	81.3M	127.5M	131.6M
Receivables	78.8M	77.4M	65.5M	72.6M	67.8M	101.1M	110M	117.2M	92.8M	118.6M
Inventory	66.5M	75.3M	78.8M	86.8M	74.4M	134.4M	149.4M	138M	105.8M	110.5M
Total current assets	257.7M	264.1M	253.7M	252M	265M	317.6M	342.7M	401.9M	381.5M	448M
Property, plant & equipment	814K	286K	-1.1M	-1.3M	-10.9M	-2.4M	925K	82K	511K	-9.8M
Goodwill & intangibles	25M	23.9M	25.6M	22.2M	21M	18.8M	8.8M	8.1M	7.5M	13.9M
Total assets	355.4M	358.8M	349.2M	372.7M	375.2M	440.9M	468.1M	527.9M	502.9M	554.4M
Accounts payable	51.5M	48.8M	44.9M	47.8M	40.3M	76.3M	67.5M	60.8M	46.7M	68.6M
Short-term debt	—	—	—	2.4M	1.9M	2.3M	2.3M	3.5M	3.5M	4.4M
Total current liabilities	130.6M	131.3M	134.1M	146M	146.6M	213.7M	210.2M	192.3M	172M	193.7M
Long-term debt	—	—	—	—	—	—	17.8M	53.2M	10.5M	9.6M
Total liabilities	157.1M	161.2M	161.6M	195.7M	181.6M	249.3M	267.2M	289.1M	231M	253.7M
Shareholders' equity	198.3M	197.6M	187.7M	177M	193.6M	191.6M	200.9M	238.8M	271.9M	300.7M
Total debt	—	—	—	2.4M	1.9M	2.3M	20M	56.6M	14M	14M
Net debt	—	—	—	-38M	-75.7M	-14.8M	-4M	-24.7M	-113.5M	-117.6M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	65.3M	76.8M	81.3M	96.8M	134.4M	132.2M	127.5M	136.9M	149.6M	144.4M	131.6M	154.6M
Receivables	115.1M	100.6M	117.2M	132M	111.3M	95.5M	92.8M	124.3M	129.4M	114.3M	118.6M	154.7M
Inventory	141.6M	140.3M	138M	134.9M	121.6M	112.7M	105.8M	109.5M	101.1M	103.6M	110.5M	117.5M
Total current assets	386.3M	375.5M	401.9M	427.4M	422.8M	394.4M	381.5M	429.4M	430.2M	425.8M	448M	500.8M
Property, plant & equipment	—	—	82K	—	—	—	511K	79.2M	79M	81.3M	-9.8M	77.2M
Goodwill & intangibles	8.3M	8.4M	8.1M	7.9M	7.8M	7.4M	7.5M	7.4M	7.2M	14.2M	13.9M	13.6M
Total assets	510.9M	499.2M	527.9M	553.9M	551.9M	524.2M	502.9M	545.6M	548.4M	546.4M	554.4M	607.4M
Accounts payable	53.6M	49.5M	60.8M	67.3M	57.5M	44.6M	46.7M	65M	61.1M	63.6M	68.6M	80.3M
Short-term debt	1.5M	1.5M	3.5M	1.5M	1.5M	1.5M	3.5M	1.5M	1.5M	1.1M	4.4M	1.1M
Total current liabilities	189.9M	170.3M	192.3M	196.9M	180.1M	162.4M	172M	207.6M	192.6M	191.6M	193.7M	230.8M
Long-term debt	55.1M	48.5M	53.2M	74.5M	63.9M	41M	10.5M	10.1M	9.8M	9.9M	9.6M	9.4M
Total liabilities	287.7M	263M	289.1M	315.7M	291M	251.9M	231M	265.8M	250.9M	252.6M	253.7M	289.8M
Shareholders' equity	223.2M	236.2M	238.8M	238.2M	260.9M	272.3M	271.9M	279.8M	297.5M	293.7M	300.7M	317.6M
Total debt	56.6M	50M	56.6M	76M	65.4M	42.5M	14M	11.6M	11.3M	11.1M	14M	10.5M
Net debt	-8.2M	-26.8M	-24.7M	-20.8M	-69M	-89.7M	-113.5M	-125.3M	-138.3M	-133.4M	-117.6M	-144.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	10.3M	5.6M	-958K	491K	10.9M	592K	6.8M	34.6M	-10.1M	45.4M
Depreciation & amortization	18.6M	17.8M	18.6M	17.7M	17.1M	15.4M	17M	19.3M	19.5M	19.3M
Stock-based compensation	2.9M	2.6M	2.5M	2.3M	2.1M	2M	2M	2.1M	2.9M	4.9M
Change in working capital	3.6M	235K	9.8M	-13.8M	32.4M	-43.7M	-26.5M	-28.2M	55.2M	-34.1M
Operating cash flow	33.4M	29.4M	26.9M	4.5M	63.8M	-27.3M	-4.3M	35.3M	83.8M	49.2M
Capital expenditure	-8.3M	-15.9M	-16.7M	-17.8M	-4.7M	-19.5M	-24.6M	-16.8M	-19.2M	—
Investing cash flow	-18.2M	-19.6M	-11.8M	-4.3M	-10.2M	-31.4M	-25.4M	-21.3M	-23.8M	-5.3M
Dividends paid	-13.7M	-12.4M	-12.6M	-9M	0	0	—	—	—	—
Share repurchases	-1.8M	0	0	-5.6M	0	-3.2M	0	0	-29.5M	-25.6M
Financing cash flow	-16.7M	-14.8M	-13.3M	-2M	-15.6M	-3.6M	17.5M	13.8M	-32.6M	-28M
Net change in cash	-1.4M	-5M	1.8M	-1.8M	38M	-62.3M	-12.2M	27.8M	27.4M	15.8M
Free cash flow	30.9M	12.2M	12.3M	-7.3M	58.3M	-47.4M	-10.4M	46.3M	78.2M	34.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	—	—	—	—	—	—	—	—	17.5M	3M	8.4M	19.4M
Depreciation & amortization	—	—	—	—	—	—	—	—	4.8M	5.2M	4.6M	4.7M
Stock-based compensation	—	—	—	—	—	—	—	—	1M	1.7M	1.3M	1.2M
Change in working capital	—	—	—	—	—	—	—	—	-10.6M	-529K	-25.8M	5.5M
Operating cash flow	—	—	—	—	—	—	—	—	16.5M	11.7M	-5.1M	31.4M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	—	—	—	—	—	—	—	—	-1.4M	-2.1M	-233K	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	-1.6M	-10.6M	-2.8M	-4.4M
Financing cash flow	—	—	—	—	—	—	—	—	-2.5M	-12.3M	-3.4M	-4.7M
Net change in cash	—	—	—	—	—	—	—	—	12.5M	-2.7M	-8.7M	26.7M
Free cash flow	20.4M	5.1M	6.1M	14.4M	38M	7.8M	18M	21.8M	14M	8.1M	-9.6M	27.3M

Jun 23, 2006	2:1
Jun 25, 2001	2:1
Jan 10, 2000	2:1

Daktronics Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement