Q4 2025 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Total Revenue | -20% (from $215.88M to $172.55M) | Total revenue declined by 20% YoY, reflecting a return to more typical seasonal order volumes and the loss of previous period benefits from high backorder fulfillment, with notable underperformance in key segments such as Live Events and Transportation. |
Commercial | +10% (from $39.01M to $40.58M) | Commercial revenue increased by roughly 10% YoY, driven by continued strength in digital billboards and out-of-home advertising projects that built on earlier demand improvements and shifts toward higher-margin product mix. |
Live Events | -41% (from $104.92M to $59.59M) | Live Events revenue dropped sharply by 41% YoY, likely due to deferred execution of large-scale events, such as major league projects, and a seasonal slowdown that reverses the extraordinary revenue spike seen in the prior period. |
High School Park & Recreation | +11% (from $36.42M to $40.47M) | High School Park and Recreation revenue grew by 11% YoY, supported by robust order conversions and a favorable sales mix that built on previous modest gains, aided by improved operational efficiencies and digital transformation efforts. |
Transportation | -24% (from $24.17M to $18.30M) | Transportation revenue declined by roughly 24% YoY, influenced by lower order sizes and project delays, partly due to uncertainties in federal funding and timing challenges that echoed persistent issues seen in earlier periods. |
International | +19% (from $11.39M to $13.58M) | International revenue increased by 19% YoY, thanks to an improved order backlog and stronger bookings in regions like Europe and the Middle East, continuing a rebound trend from previous quarters. |
U.S. Revenue | -21% (from $198.72M to $157.38M) | U.S. revenue fell by about 21% YoY, reflecting lower domestic order volumes influenced by traditional seasonal slowdowns and reduced performance in segments such as Live Events and Transportation when compared to the previous period’s high due to backorder fulfillment. |
Outside U.S. Revenue | -11% (from $17.16M to $15.19M) | Revenue outside the U.S. dropped by 11% YoY, due to softer international demand and less effective rebound in certain markets relative to earlier growth, indicating persistent economic and geopolitical headwinds. |
Metric | Period | Guidance | Actual | Performance |
---|---|---|---|---|
Revenue Growth | Q4 2025 (YoY) | Company aims to grow revenues faster than the 7%–10% addressable market growth | −20% YoY growth (215.88In Q4 2024 vs. 172.55In Q4 2025) | Missed |
Research analysts covering DAKTRONICS INC /SD/.