Daktronics (DAKT) Financials

$15.60 +0.29 (+1.89%)

Closing price 04:00 PM Eastern

Extended Trading

$15.61 +0.01 (+0.06%)

As of 06:11 PM Eastern

Annual Income Statements for Daktronics

This table shows Daktronics' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	4/27/2024	4/29/2023	4/30/2022
Net Income / (Loss) Attributable to Common Shareholders	35	6.80	0.59
Consolidated Net Income / (Loss)	35	6.80	0.59
Net Income / (Loss) Continuing Operations	35	6.80	0.59
Total Pre-Tax Income	54	13	1.11
Total Operating Income	87	21	4.05
Total Gross Profit	222	151	117
Total Revenue	818	754	611
Operating Revenue	818	754	611
Total Cost of Revenue	596	603	494
Operating Cost of Revenue	596	603	494
Total Operating Expenses	135	130	113
Selling, General & Admin Expense	100	95	84
Research & Development Expense	36	30	29
Impairment Charge	0.00	4.58	0.00
Total Other Income / (Expense), net	-33	-8.13	-2.94
Interest & Investment Income	-3.42	-0.92	0.17
Other Income / (Expense), net	-30	-7.21	-3.11
Income Tax Expense	19	6.46	0.52
Basic Earnings per Share	$0.75	$0.15	$0.01
Weighted Average Basic Shares Outstanding	45.90M	45.40M	45.19M
Diluted Earnings per Share	$0.74	$0.15	$0.01
Weighted Average Diluted Shares Outstanding	46.54M	45.52M	45.33M
Weighted Average Basic & Diluted Shares Outstanding	46.30M	45.70M	45.03M

This table shows Daktronics' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	1/25/2025	10/26/2024	7/27/2024	4/27/2024	1/27/2024	10/28/2023	7/29/2023	4/29/2023	1/28/2023	10/29/2022	7/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-17	21	-4.95	2.52	11	2.17	19	17	8.29	-13	-5.33
Consolidated Net Income / (Loss)	-17	21	-4.95	2.52	11	2.17	19	21	3.71	-13	-5.33
Net Income / (Loss) Continuing Operations	-17	21	-4.95	2.52	11	2.17	19	17	8.29	-13	-5.33
Total Pre-Tax Income	-18	25	0.22	7.17	13	6.16	28	13	5.34	1.06	-6.33
Total Operating Income	-3.63	16	23	19	8.04	19	40	18	7.12	1.53	-5.52
Total Gross Profit	37	56	60	55	42	54	71	52	42	32	26
Total Revenue	150	208	226	216	170	199	233	210	185	187	172
Operating Revenue	150	208	226	216	170	199	233	210	185	187	172
Total Cost of Revenue	113	152	166	161	129	145	161	158	143	156	146
Operating Cost of Revenue	113	152	166	161	129	145	161	158	143	156	146
Total Operating Expenses	40	40	37	36	34	35	31	38	30	30	31
Selling, General & Admin Expense	31	30	27	27	25	26	23	26	23	23	24
Research & Development Expense	9.44	9.84	9.62	9.28	8.84	9.22	8.40	8.33	7.25	6.97	7.44
Total Other Income / (Expense), net	-14	9.41	-22	-12	4.60	-13	-12	-5.14	-1.78	-0.47	-0.75
Interest & Investment Income	0.51	0.27	-0.07	-0.47	-0.75	-1.33	-0.88	-	-0.40	-0.26	-
Other Income / (Expense), net	-15	9.14	-22	-12	5.34	-12	-11	-4.88	-1.38	-0.21	-0.75
Income Tax Expense	-0.66	3.78	5.17	4.65	1.89	3.99	8.90	-8.21	1.63	14	-1.00
Basic Earnings per Share	($0.36)	$0.46	($0.11)	$0.05	$0.23	$0.05	$0.42	$0.48	$0.08	($0.29)	($0.12)
Weighted Average Basic Shares Outstanding	47.76M	46.80M	46.31M	45.90M	46.17M	46.03M	45.65M	45.40M	45.39M	45.32M	45.10M
Diluted Earnings per Share	($0.36)	$0.22	($0.11)	$0.18	$0.09	$0.05	$0.42	$0.48	$0.08	($0.29)	($0.12)
Weighted Average Diluted Shares Outstanding	47.76M	51.72M	46.31M	46.54M	50.84M	46.71M	46.20M	45.52M	45.45M	45.32M	45.10M
Weighted Average Basic & Diluted Shares Outstanding	49.89M	46.99M	46.65M	46.30M	46.19M	46.18M	45.72M	45.70M	45.47M	45.47M	45.03M

This table details how cash moves in and out of Daktronics' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	4/27/2024	4/29/2023	4/30/2022
Net Change in Cash & Equivalents	57	6.68	-62
Net Cash From Operating Activities	63	15	-27
Net Cash From Continuing Operating Activities	63	15	-27
Net Income / (Loss) Continuing Operations	35	6.80	0.59
Consolidated Net Income / (Loss)	35	6.80	0.59
Depreciation Expense	19	17	15
Non-Cash Adjustments To Reconcile Net Income	33	15	3.91
Changes in Operating Assets and Liabilities, net	-23	-23	-47
Net Cash From Investing Activities	-21	-25	-31
Net Cash From Continuing Investing Activities	-21	-25	-31
Purchase of Property, Plant & Equipment	-17	-25	-20
Acquisitions	-5.05	-4.32	-7.85
Purchase of Investments	0.00	0.00	-4.05
Sale of Property, Plant & Equipment	0.17	0.82	0.89
Sale and/or Maturity of Investments	0.55	3.49	0.00
Net Cash From Financing Activities	15	18	-3.58
Net Cash From Continuing Financing Activities	15	18	-3.58
Repayment of Debt	-27	-362	-47
Repurchase of Common Equity	0.00	0.00	-3.18
Issuance of Debt	41	380	47
Other Financing Activities, net	1.00	-0.12	-0.19
Effect of Exchange Rate Changes	-0.07	-0.52	-0.40

This table details how cash moves in and out of Daktronics' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	1/25/2025	10/26/2024	7/27/2024	4/27/2024	1/27/2024	10/28/2023	7/29/2023	4/29/2023	1/28/2023	10/29/2022	7/30/2022
Net Change in Cash & Equivalents	-2.18	37	16	4.49	4.21	19	30	14	3.59	-1.89	-8.98
Net Cash From Operating Activities	12	43	19	9.45	9.48	25	19	25	12	0.88	-23
Net Cash From Continuing Operating Activities	12	43	19	9.45	9.48	25	19	25	12	0.88	-23
Net Income / (Loss) Continuing Operations	-17	21	-4.95	2.52	11	2.17	19	21	3.71	-13	-5.33
Consolidated Net Income / (Loss)	-17	21	-4.95	2.52	11	2.17	19	21	3.71	-13	-5.33
Depreciation Expense	4.91	4.90	4.89	4.92	4.88	4.83	4.67	4.45	4.32	4.20	4.03
Non-Cash Adjustments To Reconcile Net Income	15	-9.31	23	12	-4.11	13	12	5.98	5.90	1.63	1.22
Changes in Operating Assets and Liabilities, net	9.25	26	-3.75	-9.82	-2.03	5.51	-17	-7.32	-1.48	8.03	-23
Net Cash From Investing Activities	-5.40	-6.41	-5.97	-4.25	-4.98	-6.37	-5.71	-4.44	-5.76	-4.82	-10
Net Cash From Continuing Investing Activities	-5.40	-6.41	-5.97	-4.25	-4.98	-6.37	-5.71	-4.44	-5.76	-4.82	-10
Purchase of Property, Plant & Equipment	-4.20	-5.39	-5.08	-3.35	-4.40	-4.68	-4.55	-3.58	-5.57	-5.58	-11
Acquisitions	-1.29	-1.11	-0.93	-0.97	-1.19	-1.71	-1.19	-1.08	-0.36	-1.80	-1.08
Sale of Property, Plant & Equipment	0.09	0.08	0.05	0.07	0.06	0.03	0.03	0.21	0.18	0.07	0.37
Net Cash From Financing Activities	-8.63	-0.03	2.06	-0.57	-0.23	-0.44	16	-5.93	-2.78	2.15	24
Net Cash From Continuing Financing Activities	-8.63	-0.03	2.06	-0.57	-0.23	-0.44	16	-5.93	-2.78	2.15	24
Repayment of Debt	-0.48	-0.48	-1.09	-1.41	-0.86	-1.09	-24	-103	-95	-96	-68
Other Financing Activities, net	0.87	0.45	3.15	0.16	0.14	0.66	0.05	0.02	-	-0.14	0.00
Effect of Exchange Rate Changes	-0.18	0.27	-0.06	-0.15	-0.06	0.38	-0.24	-0.18	-0.33	-0.09	0.08
Cash Interest Paid	0.89	0.88	0.89	-	0.93	0.93	0.10	-	0.42	0.26	0.08
Cash Income Taxes Paid	3.71	3.83	9.08	-	6.31	6.10	5.77	-	1.99	1.79	0.69

This table presents Daktronics' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	4/27/2024	4/29/2023	4/30/2022
Total Assets	528	468	441
Total Current Assets	402	343	318
Cash & Equivalents	81	24	17
Restricted Cash	0.38	0.71	0.87
Note & Lease Receivable	0.30	1.22	2.80
Accounts Receivable	117	110	101
Inventories, net	138	149	134
Prepaid Expenses	8.53	9.68	15
Current Deferred & Refundable Income Taxes	0.45	0.33	0.60
Other Current Assets	56	47	42
Plant, Property, & Equipment, net	72	72	67
Total Noncurrent Assets	54	53	57
Long-Term Investments	21	28	32
Noncurrent Note & Lease Receivables	0.56	0.26	1.49
Goodwill	3.23	3.24	7.93
Intangible Assets	0.84	1.14	1.47
Noncurrent Deferred & Refundable Income Taxes	26	17	13
Other Noncurrent Operating Assets	2.53	3.87	0.00
Total Liabilities & Shareholders' Equity	528	468	441
Total Liabilities	289	267	249
Total Current Liabilities	192	210	214
Short-Term Debt	1.50	0.00	-
Accounts Payable	61	68	76
Accrued Expenses	60	48	47
Current Deferred & Payable Income Tax Liabilities	4.95	2.86	0.41
Other Current Liabilities	66	92	90
Total Noncurrent Liabilities	97	57	36
Long-Term Debt	53	18	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	0.14	0.20	0.29
Other Noncurrent Operating Liabilities	43	39	35
Total Equity & Noncontrolling Interests	239	201	192
Total Preferred & Common Equity	239	201	192
Preferred Stock	0.00	0.00	0.00
Total Common Equity	239	201	192
Common Stock	118	113	110
Retained Earnings	138	103	97
Treasury Stock	-10	-10	-10
Accumulated Other Comprehensive Income / (Loss)	-6.53	-5.53	-4.93

This table presents Daktronics' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023
Period end date	1/25/2025	10/26/2024	7/27/2024	1/27/2024	10/28/2023	7/29/2023	1/28/2023	10/29/2022	7/30/2022
Total Assets	524	552	554	499	511	508	454	464	473
Total Current Assets	394	423	427	376	386	387	342	346	343
Cash & Equivalents	132	134	97	77	65	46	10	6.43	8.28
Restricted Cash	0.00	0.00	0.38	0.43	8.25	8.58	0.71	0.71	0.75
Note & Lease Receivable	1.78	1.27	0.44	0.27	0.77	0.97	1.72	1.74	1.62
Accounts Receivable	96	111	132	101	115	126	116	115	113
Inventories, net	113	122	135	140	142	145	165	168	157
Prepaid Expenses	7.34	9.18	8.58	7.85	10	9.85	8.77	11	12
Current Deferred & Refundable Income Taxes	5.04	0.14	0.11	1.50	0.00	0.01	3.26	3.22	2.32
Other Current Assets	40	45	54	48	45	51	36	39	45
Plant, Property, & Equipment, net	74	74	74	72	73	72	74	74	72
Total Noncurrent Assets	56	55	53	51	52	49	38	44	58
Long-Term Investments	24	21	21	27	28	28	33	34	34
Noncurrent Note & Lease Receivables	1.78	2.54	0.12	0.10	0.15	0.15	0.45	0.73	1.12
Goodwill	3.09	3.19	3.20	3.26	3.20	3.33	3.29	7.64	7.86
Intangible Assets	0.60	0.70	0.77	0.92	0.97	1.09	1.22	1.25	1.39
Noncurrent Deferred & Refundable Income Taxes	25	26	26	17	17	17	0.00	0.00	13
Other Noncurrent Operating Assets	1.60	1.91	2.22	2.84	3.15	0.00	-	-	-
Total Liabilities & Shareholders' Equity	524	552	554	499	511	508	454	464	473
Total Liabilities	252	291	316	263	288	287	274	291	287
Total Current Liabilities	162	180	197	170	190	204	212	227	225
Short-Term Debt	1.50	1.50	1.50	1.50	1.50	1.50	-	-	-
Accounts Payable	45	57	67	49	54	62	71	87	82
Accrued Expenses	50	58	56	50	53	46	44	49	45
Current Deferred & Payable Income Tax Liabilities	0.21	0.53	0.54	0.63	3.35	5.51	0.38	0.46	0.26
Other Current Liabilities	66	62	72	69	78	89	98	90	96
Total Noncurrent Liabilities	89	111	119	93	98	83	62	64	62
Long-Term Debt	41	64	74	48	55	41	24	26	24
Noncurrent Deferred & Payable Income Tax Liabilities	0.14	0.14	0.14	0.20	0.19	0.20	0.00	0.00	0.29
Other Noncurrent Operating Liabilities	48	47	44	44	43	41	38	38	38
Total Equity & Noncontrolling Interests	272	261	238	236	223	221	179	173	187
Total Preferred & Common Equity	272	261	238	236	223	221	179	173	187
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	272	261	238	236	223	221	179	173	187
Common Stock	162	123	122	117	116	115	113	112	111
Retained Earnings	137	154	133	136	125	123	82	78	91
Treasury Stock	-19	-10	-10	-10	-10	-10	-10	-10	-10
Accumulated Other Comprehensive Income / (Loss)	-7.39	-6.06	-6.40	-5.91	-6.96	-5.77	-5.11	-7.09	-5.57

This table displays calculated financial ratios and metrics derived from Daktronics' official financial filings.

Metric	2024	2023	2022
Period end date	4/27/2024	4/29/2023	4/30/2022
Growth Metrics	-	-	-
Revenue Growth	8.47%	23.44%	26.75%
EBITDA Growth	146.26%	90.86%	-47.66%
EBIT Growth	305.37%	1,413.02%	-93.37%
NOPAT Growth	408.47%	407.64%	-83.74%
Net Income Growth	408.98%	1,048.99%	-94.58%
EPS Growth	393.33%	1,400.00%	-95.83%
Operating Cash Flow Growth	320.93%	155.57%	-140.83%
Free Cash Flow Firm Growth	277.36%	64.94%	-247.69%
Invested Capital Growth	15.19%	20.60%	60.02%
Revenue Q/Q Growth	0.74%	6.75%	8.01%
EBITDA Q/Q Growth	-6.44%	90.43%	-9.55%
EBIT Q/Q Growth	-9.10%	56,808.00%	-58.94%
NOPAT Q/Q Growth	-27.11%	458.70%	-52.09%
Net Income Q/Q Growth	-35.29%	143.29%	-69.89%
EPS Q/Q Growth	-28.85%	142.86%	-50.00%
Operating Cash Flow Q/Q Growth	-19.23%	235.87%	-261.77%
Free Cash Flow Firm Q/Q Growth	-42.68%	33.50%	-22.51%
Invested Capital Q/Q Growth	4.90%	4.30%	5.00%
Profitability Metrics	-	-	-
Gross Margin	27.19%	20.07%	19.10%
EBITDA Margin	9.38%	4.13%	2.67%
Operating Margin	10.65%	2.84%	0.66%
EBIT Margin	7.02%	1.88%	0.15%
Profit (Net Income) Margin	4.23%	0.90%	0.10%
Tax Burden Percent	64.05%	51.31%	53.43%
Interest Burden Percent	94.05%	93.51%	118.25%
Effective Tax Rate	35.95%	48.69%	46.57%
Return on Invested Capital (ROIC)	31.34%	7.25%	1.94%
ROIC Less NNEP Spread (ROIC-NNEP)	82.02%	16.55%	3.88%
Return on Net Nonoperating Assets (RNNOA)	-15.59%	-3.78%	-1.63%
Return on Equity (ROE)	15.75%	3.47%	0.31%
Cash Return on Invested Capital (CROIC)	17.22%	-11.42%	-44.23%
Operating Return on Assets (OROA)	11.54%	3.12%	0.23%
Return on Assets (ROA)	6.95%	1.50%	0.15%
Return on Common Equity (ROCE)	15.75%	3.47%	0.31%
Return on Equity Simple (ROE_SIMPLE)	14.50%	3.39%	0.31%
Net Operating Profit after Tax (NOPAT)	56	11	2.16
NOPAT Margin	6.82%	1.46%	0.35%
Net Nonoperating Expense Percent (NNEP)	-50.68%	-9.30%	-1.94%
Cost of Revenue to Revenue	72.81%	79.93%	80.90%
SG&A Expenses to Revenue	12.17%	12.65%	13.69%
R&D to Revenue	4.37%	3.98%	4.75%
Operating Expenses to Revenue	16.54%	17.23%	18.44%
Earnings before Interest and Taxes (EBIT)	57	14	0.94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	77	31	16
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.80	1.09	0.80
Price to Tangible Book Value (P/TBV)	1.83	1.11	0.84
Price to Revenue (P/Rev)	0.52	0.29	0.25
Price to Earnings (P/E)	12.39	32.15	257.28
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	8.07%	3.11%	0.39%
Enterprise Value to Invested Capital (EV/IC)	2.00	1.11	0.71
Enterprise Value to Revenue (EV/Rev)	0.47	0.24	0.16
Enterprise Value to EBITDA (EV/EBITDA)	4.96	5.88	6.00
Enterprise Value to EBIT (EV/EBIT)	6.63	12.93	104.55
Enterprise Value to NOPAT (EV/NOPAT)	6.83	16.70	45.32
Enterprise Value to Operating Cash Flow (EV/OCF)	6.02	12.20	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	12.42	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.23	0.09	0.00
Long-Term Debt to Equity	0.22	0.09	0.00
Financial Leverage	-0.19	-0.23	-0.42
Leverage Ratio	2.27	2.32	2.12
Compound Leverage Factor	2.13	2.17	2.51
Debt to Total Capital	18.63%	8.12%	0.00%
Short-Term Debt to Total Capital	0.51%	0.00%	0.00%
Long-Term Debt to Total Capital	18.12%	8.12%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	81.37%	91.88%	100.00%
Debt to EBITDA	0.71	0.57	0.00
Net Debt to EBITDA	-0.63	-1.14	0.00
Long-Term Debt to EBITDA	0.69	0.57	0.00
Debt to NOPAT	0.98	1.62	0.00
Net Debt to NOPAT	-0.86	-3.23	0.00
Long-Term Debt to NOPAT	0.95	1.62	0.00
Altman Z-Score	3.64	2.85	2.35
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	2.09	1.63	1.49
Quick Ratio	1.03	0.65	0.59
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	31	-17	-49
Operating Cash Flow to CapEx	376.30%	61.17%	-138.71%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	1.64	1.66	1.50
Accounts Receivable Turnover	7.20	7.15	7.23
Inventory Turnover	4.14	4.25	4.74
Fixed Asset Turnover	11.37	10.86	9.74
Accounts Payable Turnover	9.29	8.38	8.48
Days Sales Outstanding (DSO)	50.68	51.08	50.45
Days Inventory Outstanding (DIO)	88.07	85.93	77.08
Days Payable Outstanding (DPO)	39.30	43.54	43.04
Cash Conversion Cycle (CCC)	99.45	93.46	84.49
Capital & Investment Metrics	-	-	-
Invested Capital	191	165	137
Invested Capital Turnover	4.59	4.98	5.48
Increase / (Decrease) in Invested Capital	25	28	51
Enterprise Value (EV)	381	183	98
Market Capitalization	429	219	152
Book Value per Share	$5.17	$4.42	$4.21
Tangible Book Value per Share	$5.08	$4.32	$4.01
Total Capital	293	219	192
Total Debt	55	18	0.00
Total Long-Term Debt	53	18	0.00
Net Debt	-48	-35	-54
Capital Expenditures (CapEx)	17	25	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	129	107	82
Debt-free Net Working Capital (DFNWC)	211	132	104
Net Working Capital (NWC)	210	132	104
Net Nonoperating Expense (NNE)	21	4.17	1.57
Net Nonoperating Obligations (NNO)	-48	-35	-54
Total Depreciation and Amortization (D&A)	19	17	15
Debt-free, Cash-free Net Working Capital to Revenue	15.83%	14.22%	13.40%
Debt-free Net Working Capital to Revenue	25.81%	17.57%	17.00%
Net Working Capital to Revenue	25.63%	17.57%	17.00%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.75	$0.15	$0.01
Adjusted Weighted Average Basic Shares Outstanding	45.90M	45.40M	45.19M
Adjusted Diluted Earnings per Share	$0.74	$0.15	$0.01
Adjusted Weighted Average Diluted Shares Outstanding	46.54M	45.52M	45.33M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.30M	45.70M	45.03M
Normalized Net Operating Profit after Tax (NOPAT)	56	13	2.16
Normalized NOPAT Margin	6.82%	1.77%	0.35%
Pre Tax Income Margin	6.61%	1.76%	0.18%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	537.84%

This table displays calculated financial ratios and metrics derived from Daktronics' official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	1/25/2025	10/26/2024	7/27/2024	4/27/2024	1/27/2024	10/28/2023	7/29/2023	4/29/2023	1/28/2023	10/29/2022	7/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-12.21%	4.50%	-2.77%	2.87%	-7.93%	6.36%	35.26%	29.38%	32.54%	13.96%	18.79%
EBITDA Growth	-173.48%	142.21%	-84.59%	-29.62%	81.50%	123.05%	1,601.38%	487.71%	469.98%	-23.04%	-125.34%
EBIT Growth	-236.99%	232.89%	-99.00%	-42.98%	133.11%	467.75%	562.45%	1,742.58%	188.65%	-61.61%	-230.76%
NOPAT Growth	-137.16%	96.14%	-1,958.65%	-76.97%	38.08%	136.39%	811.22%	13,370.83%	224.48%	-708.70%	-191.30%
Net Income Growth	-259.71%	888.73%	-125.77%	-88.23%	189.31%	116.67%	460.42%	2,015.76%	185.36%	-646.93%	-244.53%
EPS Growth	-500.00%	340.00%	-126.19%	-62.50%	12.50%	117.24%	450.00%	2,500.00%	180.00%	-680.00%	-250.00%
Operating Cash Flow Growth	26.81%	72.93%	1.20%	-61.44%	-23.88%	2,757.58%	184.37%	1,660.22%	173.54%	111.67%	-2,138.96%
Free Cash Flow Firm Growth	226.33%	242.55%	-4,925.47%	-1,434.08%	29.50%	77.16%	114.77%	102.66%	52.78%	-244.91%	-446.16%
Invested Capital Growth	-12.68%	-4.31%	8.32%	15.19%	14.53%	13.78%	10.07%	20.60%	21.40%	41.46%	73.83%
Revenue Q/Q Growth	-28.24%	-7.85%	4.73%	26.76%	-14.58%	-14.26%	10.80%	13.45%	-1.31%	9.03%	5.99%
EBITDA Q/Q Growth	-144.99%	475.06%	-58.71%	-31.22%	48.29%	-63.42%	88.63%	77.38%	82.24%	346.23%	-173.84%
EBIT Q/Q Growth	-173.56%	8,460.14%	-96.19%	-42.94%	78.75%	-74.18%	116.46%	133.30%	335.36%	121.03%	-668.83%
NOPAT Q/Q Growth	-118.95%	102.62%	-7,582.37%	-0.13%	0.00%	-75.13%	-7.28%	498.75%	126.35%	-386.13%	-1,630.09%
Net Income Q/Q Growth	-180.15%	532.79%	-296.43%	-76.56%	396.17%	-88.72%	-10.29%	476.33%	128.60%	-143.79%	-376.81%
EPS Q/Q Growth	-263.64%	300.00%	-161.11%	100.00%	80.00%	-88.10%	-12.50%	500.00%	127.59%	-141.67%	-500.00%
Operating Cash Flow Q/Q Growth	-72.27%	122.47%	106.10%	-0.27%	-62.18%	30.19%	-21.46%	96.86%	1,319.73%	103.84%	-1,352.26%
Free Cash Flow Firm Q/Q Growth	-2.85%	104.01%	-2,770.92%	-12.89%	-9.63%	-235.81%	693.71%	105.97%	64.48%	12.21%	-42.75%
Invested Capital Q/Q Growth	-7.15%	-12.94%	2.98%	4.90%	1.76%	-1.46%	9.51%	4.30%	1.09%	-4.67%	19.98%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	24.60%	26.81%	26.40%	25.65%	24.50%	27.19%	30.60%	24.85%	22.55%	16.91%	15.00%
EBITDA Margin	-8.97%	14.31%	2.29%	5.82%	10.72%	6.17%	14.47%	8.50%	5.44%	2.94%	-1.30%
Operating Margin	-2.43%	7.57%	10.05%	9.00%	4.72%	9.75%	17.29%	8.70%	3.85%	0.81%	-3.21%
EBIT Margin	-12.26%	11.96%	0.13%	3.54%	7.85%	3.75%	12.46%	6.38%	3.10%	0.70%	-3.64%
Profit (Net Income) Margin	-11.48%	10.28%	-2.19%	1.17%	6.31%	1.09%	8.26%	10.20%	2.01%	-6.93%	-3.10%
Tax Burden Percent	96.30%	85.00%	-2,248.18%	35.13%	85.04%	35.16%	68.32%	162.26%	69.53%	-1,230.71%	84.19%
Interest Burden Percent	97.23%	101.10%	75.60%	93.89%	94.43%	82.28%	96.96%	98.51%	93.06%	80.05%	100.96%
Effective Tax Rate	0.00%	15.00%	2,348.18%	64.87%	14.96%	64.84%	31.68%	-62.26%	30.47%	1,330.71%	0.00%
Return on Invested Capital (ROIC)	-7.98%	30.22%	-971.32%	14.53%	19.15%	16.89%	55.68%	70.37%	13.07%	-49.46%	-11.06%
ROIC Less NNEP Spread (ROIC-NNEP)	9.40%	18.34%	-2,208.52%	24.83%	8.76%	32.40%	82.43%	88.72%	16.02%	-60.45%	-8.73%
Return on Net Nonoperating Assets (RNNOA)	-3.11%	-5.10%	393.16%	-4.72%	-1.59%	-4.93%	-12.51%	-20.29%	-3.60%	17.08%	2.85%
Return on Equity (ROE)	-11.09%	25.12%	-578.16%	9.81%	17.56%	11.96%	43.16%	50.08%	9.47%	-32.38%	-8.21%
Cash Return on Invested Capital (CROIC)	17.47%	29.22%	6.78%	17.22%	31.43%	31.74%	15.91%	-11.42%	-17.97%	-39.57%	-57.77%
Operating Return on Assets (OROA)	-19.16%	18.46%	0.20%	5.81%	13.39%	6.37%	20.69%	10.59%	5.05%	1.05%	-5.35%
Return on Assets (ROA)	-17.94%	15.87%	-3.34%	1.92%	10.75%	1.84%	13.71%	16.92%	3.27%	-10.39%	-4.55%
Return on Common Equity (ROCE)	-11.09%	25.12%	-578.16%	9.81%	17.56%	11.96%	43.16%	50.08%	9.47%	-32.38%	-8.21%
Return on Equity Simple (ROE_SIMPLE)	0.67%	11.39%	4.40%	0.00%	22.65%	20.82%	14.17%	0.00%	-8.76%	-13.78%	-4.51%
Net Operating Profit after Tax (NOPAT)	-2.54	13	-511	6.83	6.83	6.83	27	30	4.95	-19	-3.86
NOPAT Margin	-1.70%	6.43%	-225.88%	3.16%	4.01%	3.43%	11.82%	14.12%	2.68%	-10.02%	-2.25%
Net Nonoperating Expense Percent (NNEP)	-17.38%	11.88%	1,237.21%	-10.31%	10.39%	-15.50%	-26.75%	-18.35%	-2.95%	10.99%	-2.33%
Return On Investment Capital (ROIC_SIMPLE)	-0.81%	-	-	-	2.39%	-	-	-	-	-	-
Cost of Revenue to Revenue	75.40%	73.19%	73.60%	74.35%	75.50%	72.81%	69.40%	75.15%	77.45%	83.09%	85.00%
SG&A Expenses to Revenue	20.71%	14.52%	12.10%	12.35%	14.59%	12.81%	9.69%	12.17%	12.31%	12.38%	13.89%
R&D to Revenue	6.31%	4.72%	4.26%	4.30%	5.19%	4.63%	3.61%	3.97%	3.92%	3.72%	4.33%
Operating Expenses to Revenue	27.03%	19.24%	16.36%	16.65%	19.78%	17.44%	13.30%	18.32%	16.23%	16.10%	18.21%
Earnings before Interest and Taxes (EBIT)	-18	25	0.29	7.63	13	7.48	29	13	5.74	1.32	-6.27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-13	30	5.18	13	18	12	34	18	10	5.52	-2.24
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.95	2.32	2.97	1.80	1.56	1.98	1.45	1.09	0.94	0.88	0.91
Price to Tangible Book Value (P/TBV)	2.99	2.36	3.02	1.83	1.59	2.02	1.48	1.11	0.96	0.93	0.96
Price to Revenue (P/Rev)	1.00	0.74	0.87	0.52	0.45	0.54	0.39	0.29	0.24	0.23	0.27
Price to Earnings (P/E)	440.21	20.41	67.42	12.39	7.55	9.53	10.24	32.15	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.23%	4.90%	1.48%	8.07%	13.24%	10.49%	9.76%	3.11%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.34	3.02	3.39	2.00	1.73	2.23	1.55	1.11	0.93	0.87	0.90
Enterprise Value to Revenue (EV/Rev)	0.86	0.63	0.82	0.47	0.39	0.48	0.34	0.24	0.21	0.21	0.23
Enterprise Value to EBITDA (EV/EBITDA)	20.17	7.85	13.76	4.96	3.84	5.39	4.19	5.88	9.01	38.14	28.24
Enterprise Value to EBIT (EV/EBIT)	47.45	11.17	23.09	6.63	4.98	7.17	5.69	12.93	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	102.69	11.91	23.85	6.83	4.11	5.32	6.37	16.70	75.11	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.17	6.32	10.47	6.02	4.02	4.90	4.92	12.20	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	23.15	10.11	51.93	12.42	5.89	7.48	10.21	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.16	0.25	0.32	0.23	0.21	0.25	0.19	0.09	0.13	0.15	0.13
Long-Term Debt to Equity	0.15	0.24	0.31	0.22	0.21	0.25	0.19	0.09	0.13	0.15	0.13
Financial Leverage	-0.33	-0.28	-0.18	-0.19	-0.18	-0.15	-0.15	-0.23	-0.22	-0.28	-0.33
Leverage Ratio	2.01	2.20	2.31	2.27	2.29	2.46	2.41	2.32	2.33	2.36	2.26
Compound Leverage Factor	1.96	2.22	1.75	2.13	2.17	2.03	2.33	2.28	2.17	1.89	2.28
Debt to Total Capital	13.51%	20.04%	24.18%	18.63%	17.46%	20.22%	16.26%	8.12%	11.65%	13.28%	11.44%
Short-Term Debt to Total Capital	0.48%	0.46%	0.48%	0.51%	0.52%	0.54%	0.57%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	13.03%	19.58%	23.70%	18.12%	16.93%	19.69%	15.69%	8.12%	11.65%	13.28%	11.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	86.49%	79.96%	75.82%	81.37%	82.54%	79.78%	83.74%	91.88%	88.35%	86.72%	88.56%
Debt to EBITDA	1.25	0.99	1.57	0.71	0.61	0.77	0.64	0.57	1.44	7.35	4.60
Net Debt to EBITDA	-3.33	-1.37	-0.87	-0.63	-0.66	-0.60	-0.59	-1.14	-1.26	-4.34	-4.21
Long-Term Debt to EBITDA	1.20	0.97	1.54	0.69	0.59	0.75	0.62	0.57	1.44	7.35	4.60
Debt to NOPAT	6.34	1.51	2.73	0.98	0.65	0.76	0.97	1.62	12.03	-3.78	-4.83
Net Debt to NOPAT	-16.95	-2.08	-1.50	-0.86	-0.71	-0.60	-0.90	-3.23	-10.54	2.23	4.42
Long-Term Debt to NOPAT	6.12	1.47	2.67	0.95	0.63	0.74	0.94	1.62	12.03	-3.78	-4.83
Altman Z-Score	4.22	3.81	3.65	3.33	3.43	3.39	3.23	2.85	2.56	2.29	2.23
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.43	2.35	2.17	2.09	2.21	2.03	1.89	1.63	1.61	1.52	1.53
Quick Ratio	1.41	1.37	1.16	1.03	1.04	0.95	0.85	0.65	0.60	0.54	0.56
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	20	21	-526	-18	-16	-15	11	1.37	-23	-65	-74
Operating Cash Flow to CapEx	292.15%	816.79%	386.83%	287.73%	218.04%	538.48%	425.89%	728.19%	230.92%	15.90%	-221.72%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.56	1.54	1.53	1.64	1.70	1.70	1.66	1.66	1.63	1.50	1.47
Accounts Receivable Turnover	8.16	7.25	6.30	7.20	7.50	7.20	6.82	7.15	6.65	6.30	6.66
Inventory Turnover	4.68	4.62	4.29	4.14	3.89	3.93	4.09	4.25	4.18	4.20	4.37
Fixed Asset Turnover	10.95	11.21	11.14	11.37	11.11	11.26	11.28	10.86	10.70	10.14	9.92
Accounts Payable Turnover	12.58	10.94	9.26	9.29	9.87	8.66	8.53	8.38	8.65	7.22	7.53
Days Sales Outstanding (DSO)	44.75	50.34	57.93	50.68	48.64	50.72	53.49	51.08	54.90	57.94	54.82
Days Inventory Outstanding (DIO)	77.97	79.02	85.00	88.07	93.93	92.98	89.16	85.93	87.23	86.95	83.56
Days Payable Outstanding (DPO)	29.01	33.35	39.41	39.30	36.96	42.16	42.79	43.54	42.17	50.53	48.49
Cash Conversion Cycle (CCC)	93.71	96.01	103.51	99.45	105.61	101.54	99.86	93.46	99.96	94.35	89.89
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	159	171	196	191	182	179	181	165	159	157	165
Invested Capital Turnover	4.70	4.70	4.30	4.59	4.77	4.93	4.71	4.98	4.88	4.94	4.92
Increase / (Decrease) in Invested Capital	-23	-7.69	15	25	23	22	17	28	28	46	70
Enterprise Value (EV)	688	516	665	381	315	398	281	183	148	137	148
Market Capitalization	802	606	706	429	369	443	321	219	168	153	170
Book Value per Share	$5.80	$5.59	$5.15	$5.17	$5.12	$4.88	$4.84	$4.42	$3.94	$3.83	$4.15
Tangible Book Value per Share	$5.72	$5.51	$5.06	$5.08	$5.03	$4.79	$4.74	$4.32	$3.85	$3.63	$3.94
Total Capital	315	326	314	293	286	280	264	219	203	199	211
Total Debt	43	65	76	55	50	57	43	18	24	26	24
Total Long-Term Debt	41	64	74	53	48	55	41	18	24	26	24
Net Debt	-114	-90	-42	-48	-55	-45	-40	-35	-21	-16	-22
Capital Expenditures (CapEx)	4.11	5.31	5.04	3.29	4.35	4.65	4.52	3.37	5.39	5.52	10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	101	110	135	129	130	124	129	107	118	111	106
Debt-free Net Working Capital (DFNWC)	233	244	232	211	207	198	184	132	129	119	118
Net Working Capital (NWC)	232	243	230	210	205	196	182	132	129	119	118
Net Nonoperating Expense (NNE)	15	-8.00	-506	4.31	-3.91	4.67	8.28	8.23	1.24	-5.80	1.46
Net Nonoperating Obligations (NNO)	-114	-90	-42	-48	-55	-45	-40	-35	-21	-16	-22
Total Depreciation and Amortization (D&A)	4.91	4.90	4.89	4.92	4.88	4.83	4.67	4.45	4.32	4.20	4.03
Debt-free, Cash-free Net Working Capital to Revenue	12.67%	13.39%	16.61%	15.83%	15.96%	15.04%	15.81%	14.22%	16.73%	16.78%	16.68%
Debt-free Net Working Capital to Revenue	29.19%	29.76%	28.58%	25.81%	25.46%	23.94%	22.55%	17.57%	18.32%	17.94%	18.57%
Net Working Capital to Revenue	29.00%	29.58%	28.40%	25.63%	25.28%	23.76%	22.37%	17.57%	18.32%	17.94%	18.57%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.36)	$0.46	($0.11)	$0.05	$0.23	$0.05	$0.42	$0.48	$0.08	($0.29)	($0.12)
Adjusted Weighted Average Basic Shares Outstanding	47.76M	46.80M	46.31M	45.90M	46.17M	46.03M	45.65M	45.40M	45.39M	45.32M	45.10M
Adjusted Diluted Earnings per Share	($0.36)	$0.22	($0.11)	$0.18	$0.09	$0.05	$0.42	$0.48	$0.08	($0.29)	($0.12)
Adjusted Weighted Average Diluted Shares Outstanding	47.76M	51.72M	46.31M	46.54M	50.84M	46.71M	46.20M	45.52M	45.45M	45.32M	45.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	49.89M	46.99M	46.65M	46.30M	46.19M	46.18M	45.72M	45.70M	45.47M	45.47M	45.03M
Normalized Net Operating Profit after Tax (NOPAT)	-2.54	13	16	14	6.83	14	27	13	4.95	1.07	-3.86
Normalized NOPAT Margin	-1.70%	6.43%	7.03%	6.30%	4.01%	6.82%	11.82%	6.09%	2.68%	0.57%	-2.25%
Pre Tax Income Margin	-11.92%	12.09%	0.10%	3.32%	7.42%	3.09%	12.08%	6.28%	2.89%	0.56%	-3.68%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	494.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Daktronics' Financials

When does Daktronics's fiscal year end?

According to the most recent income statement we have on file, Daktronics' financial year ends in April. Their financial year 2024 ended on April 27, 2024.

How has Daktronics' net income changed over the last 2 years?

Daktronics' net income appears to be on an upward trend, with a most recent value of $34.62 million in 2024, rising from $592 thousand in 2022. The previous period was $6.80 million in 2023. See Daktronics' forecast for analyst expectations on what’s next for the company.

What is Daktronics's operating income?

Daktronics's total operating income in 2024 was $87.12 million, based on the following breakdown:

Total Gross Profit: $222.44 million
Total Operating Expenses: $135.33 million

How has Daktronics revenue changed over the last 2 years?

Over the last 2 years, Daktronics' total revenue changed from $610.97 million in 2022 to $818.08 million in 2024, a change of 33.9%.

How much debt does Daktronics have?

Daktronics' total liabilities were at $289.09 million at the end of 2024, a 8.2% increase from 2023, and a 16.0% increase since 2022.

How much cash does Daktronics have?

In the past 2 years, Daktronics' cash and equivalents has ranged from $17.14 million in 2022 to $81.30 million in 2024, and is currently $81.30 million as of their latest financial filing in 2024.

How has Daktronics' book value per share changed over the last 2 years?

Over the last 2 years, Daktronics' book value per share changed from 4.21 in 2022 to 5.17 in 2024, a change of 22.7%.

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This page (NASDAQ:DAKT) was last updated on 5/22/2025 by MarketBeat.com Staff

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Daktronics (DAKT) Financials

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