Daktronics(NASDAQ) DAKT

Daktronics makes digital screens and scoreboards for public spaces. They help schools and stadiums share scores and videos. Their signs also show traffic information to drivers.

What Daktronics Builds

• Live Events: Video displays and scoring systems for professional sports and large venues; includes centerhung displays and ribbon boards.
• Commercial: Digital billboards and large-scale video projects used by advertisers and retail businesses.
• High School Park and Recreation: Scoreboards and video screens designed specifically for schools and local community sports.
• Transportation: Dynamic message signs for roads and airports used to manage traffic and guide travelers.
• Software and Controllers: Management systems like the Venus Control Suite that handle content and real-time data across display networks.

Growth and Expansion

• Planned the opening of a new manufacturing facility in Mexico with production expected to start in fiscal 2027.
• Entered into a new $71.5 million senior credit facility in November 2025 to increase financial flexibility.
• Settled all outstanding financial obligations related to its Convertible Note during fiscal 2025.
• Increased investments in micro-LED and narrow pixel pitch technologies to meet demand for higher-resolution display systems.

How the Company Operates

Daktronics uses a vertically integrated model that covers everything from product design and manufacturing to long-term maintenance. This approach allows the company to support customers through entire product lifecycles, including upgrades and replacement cycles.

The Scorecard

• Net sales reached $838.7 million in fiscal 2026, up 10.9% year-over-year.
• Operating income was $60.8 million in fiscal 2026, up 83.7% year-over-year.
• Net income was $45.4 million in fiscal 2026, compared to a net loss of $10.1 million in fiscal 2025.
• Product order backlog stood at $356.2 million as of May 2, 2026.

Bottom Line

Daktronics has evolved from a traditional scoreboard manufacturer into a provider of integrated digital communication systems. Its focus on vertical integration and diverse end markets helps maintain its position in the global display industry.