The North Tonawanda-based company saw revenue slide to $7.3 million for the quarter ending August 31, 2026, compared to $9.9 million in the same period last year. Earnings per share dropped significantly to $0.14 from $0.70. Sopko explained that while the company closed the previous fiscal year with a substantial $52.8 million backlog, the timing of those orders prevented them from being realized as sales during the current quarter. Profitability further suffered due to a shifting product mix and ongoing investment in research and development.

Market conditions present a stark divide for the 71-year-old firm. The structural construction sector continues to struggle against high interest rates and unfavorable currency exchange, while aerospace and defense segments benefit from increased global instability. Despite the quarterly dip, Taylor Devices maintains its growth strategy, prioritizing investments in its workforce and production facilities to leverage its record-high order volume.