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Taylor Devices TAYD Costs In Excess Of Billings On Uncompleted Contracts Or Programs

Costs In Excess Of Billings On Uncompleted Contracts Or Programs at other companies

Gibraltar Industries logo
Gibraltar IndustriesROCK
$25.5M+161%
CVD Equipment Corp. logo
CVD Equipment Corp.CVV
$3.08M-20.3%
Forum Energy Technologies logo
Forum Energy TechnologiesFET
-$3.66M-13,467%
EVI Industries logo
EVI IndustriesEVI
-$119K-110%
Tecnoglass logo
TecnoglassTGLS
$111.8M+56.5%
Forum Energy Technologies logo
Forum Energy TechnologiesFET
$12.89M+9.7%

Other financials

Income statement

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Revenue$11.2M+5.8%
Gross profit$4.5M-0.8%
Operating income$2.3M+14.7%
Net income$2.5M+24.8%
EPS (diluted)$0.72+11.2%

Balance sheet

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Cash & equivalents$2.5M+9.9%
Total equity$70.1M+21.4%
Total assets$75.5M+7.6%

Cash flow

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Operating cash flow$896.9K-90.1%
CapEx$515.2K+175%
Free cash flow$381.7K-95.7%

Valuation

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Market cap$183.65M+38.8%
P/E17.7×+3.6×
P/S3.8×+0.9×

Profitability

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Gross margin45.5%-0.8pp
Operating margin21.9%+2.3pp
Net margin21.5%+2.4pp
FCF margin11.6%-13.0pp

Returns & leverage

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Return on equity16.2%+0.7pp
Debt / equity
Current ratio11.5×+6.9×

Where this comes from

Reported directly by Taylor Devices in its filing.

Tagged under the XBRL concept us-gaap:CostsInExcessOfBillingsOnUncompletedContractsOrPrograms.

The official record: Taylor Devices’s 10-Q, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Taylor Devices's costs in excess of billings on uncompleted contracts or programs?
Taylor Devices (TAYD) reported costs in excess of billings on uncompleted contracts or programs of $5.68M in Q4 2025.
How has Taylor Devices's costs in excess of billings on uncompleted contracts or programs changed year-over-year?
Taylor Devices's costs in excess of billings on uncompleted contracts or programs increased by 75.9% year-over-year, from $3.23M to $5.68M.
What is the long-term trend for Taylor Devices's costs in excess of billings on uncompleted contracts or programs?
Over 4 years (2021 to 2025), Taylor Devices's costs in excess of billings on uncompleted contracts or programs has grown at a 37.5% compound annual growth rate (CAGR), from $1.5M to $5.36M.
What does costs in excess of billings on uncompleted contracts or programs mean?
This represents the accumulated costs incurred on long-term contracts that have not yet been billed to the customer. It serves as an indicator of work-in-progress and potential future revenue recognition. High levels may suggest delays in the billing cycle or significant unbilled project activity.