Taylor Devices Revenue Drops 26% Despite Record $55.2 Million Backlog

Key Facts

1Taylor Devices reported a 26% year-over-year revenue decline to $7.3 million.

2The company maintains a record backlog of $55.2 million despite the current sales slump.

Taylor Devices reported a 26% year-over-year revenue decline to $7.3 million for the first quarter. Seeking Alpha reported that the shortfall was attributed to project timing issues rather than a lack of demand, as the company maintained strong operating cash flow during the period.

The company maintains a record backlog of $55.2 million despite the current sales slump, suggesting potential for future growth. TAYD closed at $54.97 on October 2, 2026, having traded between a day high of $55.38 and a day low of $48.60.