Daktronics has been selected to deliver a comprehensive digital display upgrade for Los Angeles International Airport’s Tom Bradley International Terminal. The project will install more than 15,000 square feet of LED displays across 30+ locations, totaling over 300 million pixels, and will be integrated into the terminal’s existing control room and architecture. The upgrade is part of LAX’s broader $30 billion modernization effort and is expected to be completed in 2027.
The contract is a major win for Daktronics in the transportation sector, reinforcing its position as a key provider of digital display solutions for major airports. The scale of the installation—hundreds of millions of pixels—provides a substantial revenue opportunity and demonstrates the company’s ability to secure large, complex projects that require integration with existing airport systems.
Financially, Daktronics reported Q4 fiscal 2025 sales of $172.6 million and full‑year 2025 sales of $756.5 million, a decline from the prior year. Gross profit margin fell to 25.0% from 25.7% year‑earlier, largely due to a shift in sales mix and lower volume. However, product and service orders rose 17.0% year‑over‑year in fiscal 2025, and the product order backlog reached $342 million as of April 26 2025, up 8% from the previous year. The company’s balance sheet remains strong, with cash exceeding debt, and it has maintained a healthy operating margin despite the margin compression.
"Each year, millions of guests pass through LAX's Tom Bradley International Terminal, and this modernization is designed to deliver a world‑class travel experience that redefines what it means to move through an airport. With the integration of cutting‑edge technology, we're positioning Los Angeles at the forefront of airport innovation, offering an enhanced travel experience that sets new standards for efficiency and convenience," said Hans Thilenius, Deputy Executive Director of the Terminal Development and Improvement Program.
"Ringing the Nasdaq Closing Bell will be an exciting milestone for our team and an important moment for our shareholders. We are on a journey to accelerate profitable growth, and it's events like this that bring us all together to celebrate both how far we've come and to focus on our bright future," added Ramesh Jayaraman, president and CEO of Daktronics.
The new contract may help offset the margin compression seen in recent quarters and supports Daktronics’ strategy of expanding its presence in the transportation and airport markets. It also aligns with broader industry trends toward digital transformation and enhanced passenger engagement, positioning the company to capture future opportunities in similar large‑scale infrastructure projects.
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