Taylor Devices, Inc. (TAYD) reported earnings for the quarter ending May 31, 2025, with earnings per share rising to $1.17, up from $0.80 a year earlier. Sales increased by 29% to $15.6 million compared to $12.1 million in the same quarter the previous year. The company also reported net earnings of $3.7 million, a 49% increase from $2.5 million.
In fiscal year 2025, Taylor Devices achieved record sales of $46.3 million, marking a 4% increase from the prior year. Net income rose to $9.4 million, a 5% improvement from $9 million in fiscal 2024, resulting in full-year earnings per share of $3.01.
The company concluded fiscal 2025 with a firm order backlog of $27.1 million, indicating strong customer demand, particularly in the Aerospace/Defense and Industrial sectors, despite challenges in Structural markets due to higher interest rates and foreign exchange volatility.
