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Daktronics

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

American sign company

Daktronics, Inc. is an American company based in Brookings, South Dakota, that designs, manufactures, sells, and services video displays, scoreboards, digital billboards, dynamic message signs, sound systems, and related products.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$838.7MRevenue, fiscal 20265
$45.4MNet income, fiscal 20265
1968Founded1

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  • TickerDAKT on Nasdaq1
  • Industryelectronics1
  • HeadquartersBrookings1
  • Websitewww.daktronics.com
  • Incorporated inDE6
  • Business addressPo Box 5128, 201 Daktronics Drive, Brookings, Sd 570066
  • Filer categoryLarge accelerated filer6

Daktronics, Inc. is an American company based in Brookings, South Dakota, that designs, manufactures, sells, and services video displays, scoreboards, digital billboards, dynamic message signs, sound systems, and related products. It was founded in 1968 by two South Dakota State University professors.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

27.3%Gross margin5
7.3%Operating margin5
5.4%Net margin5
10.9%Revenue growth, 20265
15.1%Return on equity5
0.03×Debt to equity5
$34.3MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Unique Configuration brought in 45% of the revenue Daktronics broke down this way in fiscal 2026.

  1. Unique Configuration$379.5M545%up 6% from 2025
  2. Limited Configuration$376.0M545%up 17% from 2025
  3. Service And Other$83.2M510%up 4% from 2025
Products and services by year
Products and services202420252026
Unique Configuration$422.6M$356.4M$379.5M
Limited Configuration$327.5M$320.1M$376.0M
Service And Other$68.0M$80.0M$83.2M

Business segments

Live Events brought in 38% of the revenue Daktronics broke down this way in fiscal 2026.

  1. Live Events$321.1M538%up 10% from 2025
  2. High School Park and Recreation$183.2M522%up 10% from 2025
  3. Commercial$180.8M522%up 16% from 2025
  4. International$76.9M59%up 24% from 2025
  5. Transportation$76.7M59%down 5% from 2025
Business segments by year
Business segments202420252026
Live Events$338.5M$291.5M$321.1M
High School Park and Recreation$170.3M$165.9M$183.2M
Commercial$161.6M$156.2M$180.8M
International$62.2M$61.8M$76.9M
Transportation$85.4M$81.1M$76.7M

Regions

United States brought in 89% of the revenue Daktronics broke down this way in fiscal 2026.

  1. United States$742.3M589%up 10% from 2025
  2. Outside the United States$96.4M511%up 20% from 2025
Regions by year
Regions202420252026
United States$744.4M$676.2M$742.3M
Outside the United States$73.7M$80.3M$96.4M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue73¢$609.7M
  • Research and development5¢$43.5M
  • Other costs15¢$125.8M
  • Interest0¢$1.5M
  • Income tax2¢$13.0M
  • Profit5¢$45.4M

Out of $838.7M in revenue.5

Where each dollar of operating cash went, fiscal 2026

  • Capital spending30¢$14.9M
  • Share buybacks52¢$25.6M
  • Kept or used elsewhere18¢$8.7M

Out of $49.2M of cash from operations.5

Financial statements

Revenue891011125$838.7M in 2026+47% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $569.7M$569.7M20192020: $608.9M$608.9M2020+7%2021: $482.0M$482.0M2021−21%2022: $611.0M$611.0M2022+27%2023: $754.2M$754.2M2023+23%2024: $818.1M$818.1M2024+8%2025: $756.5M$756.5M2025−8%2026: $838.7M$838.7M2026+11%
Gross profit891011125$229.0M in 2026+76% since 2019
0$100.0M$200.0M$300.0M2019: $130.3M$130.3M20192020: $138.7M$138.7M2020+6%2021: $120.6M$120.6M2021−13%2022: $116.7M$116.7M2022−3%2023: $151.4M$151.4M2023+30%2024: $222.4M$222.4M2024+47%2025: $195.5M$195.5M2025−12%2026: $229.0M$229.0M2026+17%
Operating income891011125$60.8M in 2026
-$25.0M0$25.0M$50.0M$75.0M$100.0M2019: -$4.7M-$4.7M20192020: -$167.0K-$167.0K2020−96%2021: $17.1M$17.1M20212022: $4.0M$4.0M2022−76%2023: $21.4M$21.4M2023+429%2024: $87.1M$87.1M2024+307%2025: $33.1M$33.1M2025−62%2026: $60.8M$60.8M2026+84%
Net income891011125$45.4M in 2026
-$20.0M0$20.0M$40.0M$60.0M2019: -$958.0K-$958.0K20192020: $491.0K$491.0K20202021: $10.9M$10.9M2021+2125%2022: $592.0K$592.0K2022−95%2023: $6.8M$6.8M2023+1049%2024: $34.6M$34.6M2024+409%2025: -$10.1M-$10.1M20252026: $45.4M$45.4M2026

Every line of the income statement in the latest annual report, as filed.5

Period ending2026-04-302025-04-302024-04-30
Net sales$838.7M$756.5M$818.1M
Cost of sales$609.7M$561.0M$595.6M
Gross profit$229.0M$195.5M$222.4M
Selling$64.8M$60.0M$57.0M
General and administrative$59.9M$63.5M$42.6M
Product design and development$43.5M$38.9M$35.7M
Operating expenses$168.2M$162.4M$135.3M
Operating income$60.8M$33.1M$87.1M
Interest income (expense), net$3.6M$1.3M-$3.4M
Change in fair value of convertible note$0-$22.5M-$16.6M
Other expense, net-$6.1M-$17.8M-$13.1M
Income (loss) before income taxes$58.3M-$5.9M$54.1M
Income tax expense$13.0M$4.3M$19.4M
Net income (loss)$45.4M-$10.1M$34.6M
Basic (in shares)48.6M shares47.6M shares45.9M shares
Diluted (in shares)49.4M shares47.6M shares46.5M shares
Basic (in dollars per share)$0.93-$0.21$0.75
Diluted (in dollars per share)$0.92-$0.21$0.74

Compare Daktronics with another company

The story

Daktronics was founded in 1968 by Al Kurtenbach and Duane Sander, professors of electrical engineering at South Dakota State University in Brookings, South Dakota. The name is a portmanteau of "Dakota" and "electronics". The company wanted to get into the medical instrument field, but the company's founders found that field too large for them, so they changed their focus to providing electronic voting systems for state legislatures; their first client was for the State of Utah's legislature.

Shortly after, South Dakota State University's wrestling coach, Warren Williamson reached out to the company and asked them to devise a better scoreboard for wrestling. The result was Daktronics' first entry into the scoreboard field, developing the Matside wrestling scoreboard, the first product in the company's line. The company's scoreboards were later used at the 1976 Olympic Games. In 1980, Daktronics developed scoreboards which were used at the 1980 Winter Olympics in Lake Placid, New York. Daktronics displays have since been used at the 1992, 1996 and 2000 Summer Olympics.

In 1984, a new manufacturing facility was built. In 1987, the company developed a mobile scoring system for the PGA tour. In 1994, Daktronics, Inc. became a publicly traded company, offering shares under the symbol DAKT on the NASDAQ National Market system. The company also established an office in Germany in 2003, and in Hong Kong and the United Kingdom in 2004. In 2000, Daktronics acquired Keyframe services, and established an office in Canada. The following year, they installed their first LED video display in Times Square for TDK Financial Services Firm.

The company upgraded the "Zipper" sign in Times Square in 1997, and the first Prostar large screen video displays were installed that year. Indianapolis Motor Speedway installed 18 Prostar displays in 1999. In 2004, the largest video board in North America was installed at Jacobs Field in Cleveland, Ohio, by Daktronics. In 2005, Daktronics installed a multi-million dollar system in Kuwait stock exchange. They also acquired Sportsound system designer and manufacturer. Daktronics acquired the Vortek family of products from New York–based rigging company Hoffend and Sons. In 2008, Daktronics installed a high-definition LED video display for the Kansas City Royals, and in 2014, Daktronics installed an HD display for the Jacksonville Jaguars at EverBank Field, which at the time was the largest such display in the world.

Daktronics established an office in Brazil in 2012, and in 2013, the company acquired OPEN Out Of Home in Belgium. Sales of Daktronics products surpassed $600 million in 2015.

In February 2023, a class action lawsuit was filed against Daktronics alleging securities fraud between March 10, 2022, and December 6, 2022. In 2026, Daktronics was implicated in the Los Angeles Clippers salary cap scandal, helping Clippers owner Steve Ballmer funnel money to star player Kawhi Leonard.

From Wikipedia’s article on Daktronics, shared under CC BY-SA 4.0.7

Leadership

Who has led Daktronics, and when. Pick a name to see everywhere that person has worked.

Products and brands

Daktronics is headquartered in Brookings, South Dakota, with other facilities in Sioux Falls, Redwood Falls, Minnesota, Shanghai, and Belgium. Daktronics Creative Services designs digital content in HD video, 3D animation and motion graphics, specializing in media networks and large-scale LED displays.

The company is involved in sports displays and marketing. Daktronics has supplied scoreboards and video displays for the Olympic Games; however, due to official sponsorships with other timing providers such as IBM, Omega SA and Swiss Timing, displays are Daktronics-manufactured but utilize timing and front-facing branding for other companies. Daktronics has been an influence in National Basketball Association rule changes in the 2000s. The company manufactured the first backboard light strips to comply with buzzer beater instant replay rulings, and in 2004, developed a see-through shot clock to improve spectator visibility.

From Wikipedia’s article on Daktronics, shared under CC BY-SA 4.0.7

Timeline

  1. 1968Founded Founded1

Recent filings

  1. Oct 14, 20268-K
  2. Oct 2, 202611-K
  3. Sep 23, 20264
  4. Sep 21, 20264
  5. Sep 21, 20264
  6. Sep 21, 20264
  7. Sep 21, 20264
  8. Sep 21, 20264
  9. Sep 21, 20264
  10. Sep 21, 20264
  11. Sep 21, 20264
  12. Sep 18, 20268-K
  13. Sep 11, 20268-K
  14. Sep 9, 20264
  15. Sep 2, 20268-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2