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TAYLOR DEVICES ANNOUNCES FIRST QUARTER RESULTS NEWS PROVIDED BY Taylor Devices , Inc. Oct 02 , 2026 , 08:15 ET NORTH TONAWANDA , N.Y. , Oct. 2 , 2026 / PRNewswire / -- Taylor Devices , Inc. ( NASDAQ SmallCap : " TAYD " ) announced today that it had first quarter sales of $ 7,300,239 , down from last year's first quarter sales of $ 9,918,350 . Net earnings for the first quarter were $ 456,933 , also down from last year's first quarter earnings of $ 2,190,084 . " While we finished last fiscal year , FY26 , with a record high backlog of $ 52.8M , the fact that much of it arrived later in FY26 Q4 ended up pushing the associated sales recognition out of this quarter , FY27 Q1 , " stated Tim Sopko , CEO . He further commented , " This lower sales volume in turn negatively impacted our FY27 Q1 profitability with product sales mix , including new product development efforts , further challenging our margin performance in the quarter . " He continued , " Market dynamics remain largely unchanged from recent quarters with our Structural markets continuing to face headwinds driven by higher interest and unfavorable foreign exchange rates while our Aerospace / Defense markets enjoy tailwinds driven by world unrest . " He further commented , " Order intake for the quarter , with all three of our product groups contributing , was robust as can been seen in our firm order backlog of $ 55.2M , which also sets a new record high for our company . " He concluded , " As our FY27 continues , we remain focused on our growth strategies supported by our continued investments in our Team , technologies ( R & D ) and facilities . " Taylor Devices , Inc. is a 71 - year - old company engaged in the design , development , manufacture & marketing of shock absorption , rate control and energy storage devices for use in various types of vehicles , machinery , equipment & structures . The company continues to target growth in the domestic Aerospace and Defense market as well as global Structural Construction and Industrial markets . First Quarter ( 3 months ended 08/31/26 & 8/31/25 ) Fiscal 2027 Fiscal 2026 Sales $ 7,300,239 $ Net Earnings Earnings per Share $ $ 456,933 $ 0.14 $ Shares Outstanding 3,227,434 9,918,350 2,190,084 0.70 3,146,140 Taylor's website can be visited at : www.taylordevices.com , with company newsletters and other pertinent information at www.taylordevices.com/investors . Taylor Devices , Inc. Contact : Artie Regan Regan & Associates , Inc. ( 212 ) 587-3005 ( phone ) ( 212 ) 587-3006 ( fax ) main@reganproxy.com