Taylor Devices, Inc. specializes in the engineering, manufacturing, and international distribution of sophisticated devices for shock absorption, rate control, and energy storage. These critical components are integral to a wide array of machinery, equipment, and structures, serving clients across North America, Asia, and other global regions. Its comprehensive product line features seismic dampers, specifically designed to diminish earthquake effects on buildings, alongside compact Fluidicshoks utilized predominantly in defense, aerospace, and commercial applications. The company also offers larger crane and industrial buffers, robust versions of Fluidicshoks tailored for heavy industrial use on cranes, trolleys, truck docks, and various specialized vehicles. Further innovations include self-adjusting shock absorbers, which automatically adapt to diverse impact conditions for high-cycle applications in heavy industry, and liquid die springs essential for tool and die manufacturing equipment. Specialized vibration dampers are supplied to aerospace and defense industries to regulate the response of sensitive electronic and optical systems facing air, ship, or spacecraft vibrations, while machined springs cater to aerospace needs, and custom actuators address unique defense and aerospace specifications. Taylor Devices promotes its products through an established network of sales representatives and distributors. The company was established in 1955 and operates from its headquarters in North Tonawanda, New York.
TAYLOR DEVICES ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS INCLUDING RECORD HIGH FIRM ORDER BACKLOG FOR FISCAL YEAR 2026
Taylor Devices reported a sharp decline in fiscal Q4 sales to $9.0 million from $15.6 million a year ago, with full-year sales also dropping to $41.6 million due to delayed customer order timing and softness in industrial markets.
Despite the revenue miss, the company achieved a record firm order backlog of $52.8 million, which includes a historic $19M single order and is 92% allocated to the Aerospace and Defense sector.
Management highlighted that gross margins remained resilient at 44% and expects the new record backlog to drive profitable growth in fiscal 2027.