DAKT

MKT CAP:$972M

Daktronics, Inc.

Market Cap

$972M

Technology·Hardware, Equipment & Parts·🇺🇸 United States·NASDAQ

Technology·Hardware,·🇺🇸·NASDAQ

Stock Price

$19.27-$0.57 (-2.87%)

Apr 22, 2026

Company Details

Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and Internati...

CEO

Bradley T. Wiemann

IPO Date

Feb 10, 1994

Website

www.daktronics.com

Key Metrics TTM

Revenue

$803M

+0.4% YoY

Net Income

$28M

EPS (Diluted)

$0.55

Free Cash Flow

$62M

Revenue / Share

$16.21

Gross Margin

26.6%

Operating Margin

5.6%

Net Margin

3.4%

FCF Margin

7.7%

P/S

1.2x

P/E

35.3x

Earnings Reports

Q3 2026

Mar 4, 2026

$182M+21.6%EPS $0.06

Q2 2026

Dec 10, 2025

$229M+10.0%EPS $0.35

Q1 2026

Sep 10, 2025

$219M-3.1%EPS $0.33

FY 2025

Jun 25, 2025

$756M-7.5%EPS -$0.21

Q4 2025

Jun 25, 2025

$173M-20.1%EPS -$0.19

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 22	$162M	$30M	-$319.0K
Q1 23	$172M	$26M	-$6M
Q2 23	$187M	$32M	$2M
Q3 23	$185M	$42M	-$7M
Q4 23	$210M	$52M	$18M
Q1 24	$233M	$71M	$40M
Q2 24	$199M	$54M	$19M
Q3 24	$170M	$42M	-$8M
Q4 24	$216M	$55M	$19M
Q1 25	$226M	$60M	$23M
Q2 25	$208M	$56M	$16M
Q3 25	$150M	$37M	-$4M
Q4 25	$173M	$43M	-$2M
Q1 26	$219M	$65M	$23M
Q2 26	$229M	$62M	$22M
Q3 26	$182M	$44M	$2M

Valuation

Quarter	P/S	P/E
Q4 22	1.6x	1641.9x
Q1 23	1.5x	—
Q2 23	1.5x	—
Q3 23	1.4x	—
Q4 23	1.3x	142.9x
Q1 24	1.2x	31.0x
Q2 24	1.2x	20.9x
Q3 24	1.2x	18.2x
Q4 24	1.2x	28.1x
Q1 25	1.2x	92.8x
Q2 25	1.2x	32.7x
Q3 25	1.2x	533.5x
Q4 25	1.3x	—
Q1 26	1.3x	86.1x
Q2 26	1.3x	131.9x
Q3 26	1.2x	35.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	-$2M	-$12M
Q1 23	-$23M	-$33M
Q2 23	$877.0K	-$5M
Q3 23	$12M	$7M
Q4 23	$25M	$21M
Q1 24	$19M	$15M
Q2 24	$25M	$20M
Q3 24	$9M	$5M
Q4 24	$9M	$6M
Q1 25	$19M	$14M
Q2 25	$43M	$38M
Q3 25	$12M	$8M
Q4 25	$23M	$18M
Q1 26	$26M	$22M
Q2 26	$17M	$14M
Q3 26	$12M	$8M

Capital Expenditures

Quarter	CapEx
Q4 22	$10M
Q1 23	$11M
Q2 23	$6M
Q3 23	$6M
Q4 23	$4M
Q1 24	$5M
Q2 24	$5M
Q3 24	$4M
Q4 24	$3M
Q1 25	$5M
Q2 25	$5M
Q3 25	$4M
Q4 25	$5M
Q1 26	$4M
Q2 26	$2M
Q3 26	$4M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+38.8%	+40.4%
Q1 23	+18.8%	+27.6%
Q2 23	+14.0%	+16.1%
Q3 23	+32.5%	+32.3%
Q4 23	+29.4%	+17.9%
Q1 24	+35.3%	+8.4%
Q2 24	+6.4%	-3.2%
Q3 24	-7.9%	-7.2%
Q4 24	+2.9%	+2.5%
Q1 25	-2.8%	+5.7%
Q2 25	+4.5%	+7.0%
Q3 25	-12.2%	-14.1%
Q4 25	-20.1%	-11.3%
Q1 26	-3.1%	-3.8%
Q2 26	+10.0%	+7.9%
Q3 26	+21.6%	+17.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$470.0K	0.3%
Q1 23	$511.0K	0.3%
Q2 23	$474.0K	0.3%
Q3 23	$502.0K	0.3%
Q4 23	$540.0K	0.3%
Q1 24	$557.0K	0.2%
Q2 24	$534.0K	0.3%
Q3 24	$507.0K	0.3%
Q4 24	$492.0K	0.2%
Q1 25	$520.0K	0.2%
Q2 25	$530.0K	0.3%
Q3 25	$573.0K	0.4%
Q4 25	$0	0.0%
Q1 26	$947.0K	0.4%
Q2 26	$1M	0.4%
Q3 26	$2M	0.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 22	$8M	$8M	$14M
Q1 23	$7M	$9M	$14M
Q2 23	$7M	$9M	$15M
Q3 23	$7M	$10M	$13M
Q4 23	$8M	$11M	$15M
Q1 24	$8M	$10M	$13M
Q2 24	$9M	$11M	$15M
Q3 24	$9M	$11M	$14M
Q4 24	$9M	$12M	$15M
Q1 25	$10M	$12M	$16M
Q2 25	$10M	$16M	$15M
Q3 25	$9M	$16M	$14M
Q4 25	$10M	$20M	$15M
Q1 26	$11M	$14M	$17M
Q2 26	$10M	$14M	$16M
Q3 26	$11M	$16M	$15M

Revenue Segments

Quarter	Limited Configuration	Service and Other	Unique Configuration
Q4 22	$81M	$14M	$67M
Q2 24	$95M	$15M	$90M
Q3 24	$64M	$20M	$87M
Q1 25	$84M	$17M	$124M
Q2 25	$94M	$22M	$93M
Q3 25	$68M	$20M	$62M
Q1 26	$95M	$21M	$103M
Q2 26	$116M	$22M	$91M
Q3 26	$78M	$21M	$83M

Revenue by Geography

Quarter	Non-US	United States
Q4 22	$23M	$139M
Q1 23	$22M	$149M
Q2 23	$24M	$163M
Q3 23	$24M	$161M
Q1 24	$18M	$215M
Q2 24	$21M	$178M
Q3 24	$17M	$153M
Q1 25	$19M	$207M
Q2 25	$24M	$184M
Q3 25	$22M	$127M
Q1 26	$22M	$197M
Q2 26	$35M	$194M
Q3 26	$21M	$161M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$17M	$4M	$21M
Q1 23	$8M	$3M	$11M
Q2 23	$6M	$525.0K	$7M
Q3 23	$10M	$530.0K	$11M
Q4 23	$24M	$534.0K	$25M
Q1 24	$46M	$539.0K	$46M
Q2 24	$65M	$546.0K	$65M
Q3 24	$77M	$0	$77M
Q4 24	$81M	$0	$81M
Q1 25	$97M	$0	$97M
Q2 25	$134M	$0	$134M
Q3 25	$132M	$0	$132M
Q4 25	$128M	$0	$128M
Q1 26	$137M	$0	$137M
Q2 26	$150M	$0	$150M
Q3 26	$144M	$0	$144M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 22	45M	-0.6%	-0.9%
Q1 23	45M	+0.3%	-0.7%
Q2 23	45M	+0.5%	-0.4%
Q3 23	45M	+0.3%	+0.5%
Q4 23	46M	+1.0%	+2.1%
Q1 24	46M	+0.6%	+2.4%
Q2 24	47M	+1.1%	+3.1%
Q3 24	51M	+8.8%	+11.9%
Q4 24	47M	-7.8%	+2.1%
Q1 25	46M	-1.2%	+0.2%
Q2 25	52M	+11.7%	+10.7%
Q3 25	48M	-7.6%	-6.0%
Q4 25	48M	-0.4%	+1.5%
Q1 26	50M	+4.5%	+7.4%
Q2 26	50M	-0.3%	-4.1%
Q3 26	50M	-0.2%	+3.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 22	$72.2K	2K
Q1 23	$76.5K	2K
Q2 23	$83.5K	2K
Q3 23	$82.4K	2K
Q4 23	$86.0K	2K
Q1 24	$95.3K	2K
Q2 24	$81.7K	2K
Q3 24	$69.8K	2K
Q4 24	$85.7K	3K
Q1 25	$89.7K	3K
Q2 25	$82.7K	3K
Q3 25	$59.3K	3K
Q4 25	$63.9K	3K
Q1 26	$81.0K	3K
Q2 26	$84.8K	3K
Q3 26	$67.3K	3K

Revenue / Employee