0001628280-26-064657 | 11-K | XBRL Viewer

RISKS AND UNCERTAINTIES	12 Months Ended
Apr. 30, 2026
EBP 002
EBP, Risk and Uncertainty [Line Items]
RISKS AND UNCERTAINTIES	. RISKS AND UNCERTAINTIES The Plan invests in various types of investment securities. These securities are subject to a range of risks, including interest rate risk, market risk, and credit risk. Due to the nature of these risks, it is at least reasonably possible that changes in the fair value of investment securities could occur in the near term and that such changes may materially affect participants’ account balances and the amounts reported in the financial statements. As of April 30, 2026 and 2025, investments in Daktronics, Inc. common stock represented approximately 9.8 percent of net assets available for benefits in each respective year. Fluctuations in the market price of Daktronics, Inc. common stock may continue to have a material impact on participants’ account balances and the overall net assets available for benefits.

FEDERAL INCOME TAX STATUS	12 Months Ended
Apr. 30, 2026
EBP 002
EBP, Tax Status [Line Items]
FEDERAL INCOME TAX STATUS	FEDERAL INCOME TAX STATUS The Plan has received a determination letter from the IRS dated May 8, 2014, affirming that the Plan qualifies under Section 401(a) of the Code and that the related trust is exempt from federal income taxation under Section 501(a) of the Code. Once qualified, the Plan must operate in compliance with the Code to maintain its tax-qualified status. The Plan Administrator believes the Plan, as amended, continues to operate in compliance with the applicable requirements of the Code and, therefore, remains qualified and the related trust remains tax-exempt. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if it is more likely than not that a tax position would not be sustained upon examination by the IRS. Plan management has reviewed the tax positions taken by the Plan and has concluded that there are no uncertain tax positions requiring recognition in the financial statements. The Plan is subject to routine audits by taxing authorities; however, there are currently no audits in progress for any tax periods. The Plan Administrator believes the Plan is no longer subject to income tax examinations for periods prior to April 30, 2022.

FAIR VALUE MEASUREMENT (Tables)

12 Months Ended

Apr. 30, 2026

EBP, Investment, Fair Value and NAV [Line Items]

The following tables present the Plan’s assets measured at fair value as of April 30, 2026 and 2025, categorized by level within the fair value hierarchy. There were no transfers between levels of the fair value hierarchy during the years ended April 30, 2026 and 2025.


	Assets at Fair Value as of April 30, 2026
	Level 1		Level 2		Level 3		Total
Daktronics, Inc.* common stock	$	32,342,011	$	—	$	—	$	32,342,011




Mutual funds	208,283,279		—		—		208,283,279
Pooled Separate Funds	$	76,601,651	$	—	$	—	$	76,601,651

Investments measured at Net Asset Value (NAV)**:
Common collective trusts*:
Principal Stable Value Z Fund*							10,758,468

Total Investments at Fair Value							$	327,985,409


	Assets at Fair Value as of April 30, 2025
	Level 1		Level 2		Level 3		Total
Daktronics, Inc.* common stock	$	22,219,583	$	—	$	—	$	22,219,583





Mutual funds	209,158,254		—		—		209,158,254

Investments measured at Net Asset Value (NAV)**:
Common collective trusts*:
Principal Stable Value Z Fund*							10,304,183
Principal/Blackrock S&P 500 Index CIT N Fund*							17,572,378
Total Investments at Fair Value							$	259,254,398


*Indicates a party-in-interest as defined under the Employee Retirement Income Security Act of 1974, as amended ("ERISA")


**Certain investments are measured at fair value using the net asset value (“NAV”) per share (or its equivalent) as a practical expedient. These investments have not been classified within the fair value hierarchy established by ASC 820. The fair value amounts presented in the accompanying table are included to facilitate reconciliation of the fair value hierarchy to the amounts reported in the Statement of Net Assets Available for Benefits.

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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+ Details

- Definition

Tabular disclosure of fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

+ References

+ Details

RELATED PARTY TRANSACTIONS AND EXEMPT PARTY-IN-INTEREST TRANSACTIONS	12 Months Ended
Apr. 30, 2026
EBP 002
EBP, Related Party and Party-in-Interest Transactions [Line Items]
RELATED PARTY TRANSACTIONS AND EXEMPT PARTY-IN-INTEREST TRANSACTIONS	RELATED PARTY TRANSACTIONS AND EXEMPT PARTY-IN-INTEREST TRANSACTIONS The Plan invests in common collective trusts that are administered or managed by Principal Financial Group, the Plan’s trustee. In addition, the Plan permits participant loans and includes investments in the common stock of Daktronics, Inc. These transactions qualify as party-in-interest transactions under ERISA, but are exempt from the prohibited transaction provisions pursuant to statutory and regulatory exemptions. As of April 30, 2026 and 2025, the Plan held 1,645,067 and 1,750,952 shares, respectively, of Daktronics, Inc. common stock. During the years ended April 30, 2026 and 2025, purchases of Daktronics, Inc. common stock by the Plan totaled $1,665,165 and $655,031, respectively, while sales totaled $3,784,520 and $6,166,722, respectively.

RISKS AND UNCERTAINTIES (Details)	Apr. 30, 2026	Apr. 30, 2025
EBP 002 \| Daktronics, Inc. common stock
EBP, Risk and Uncertainty [Line Items]
Common stock to total asset, percentage	9.80%	9.80%

FAIR VALUE MEASUREMENT (Details) - EBP 002 - USD ($)	Apr. 30, 2026	Apr. 30, 2025
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	$ 327,985,409	$ 259,254,398
Total \| Daktronics, Inc. common stock
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	32,342,011	22,219,583
Total \| Mutual funds
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	208,283,279	209,158,254
Total \| Pooled Separate Funds
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	76,601,651
Level 1 \| Daktronics, Inc. common stock
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	32,342,011	22,219,583
Level 1 \| Mutual funds
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	208,283,279	209,158,254
Level 1 \| Pooled Separate Funds
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	76,601,651
Level 2 \| Daktronics, Inc. common stock
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	0	0
Level 2 \| Mutual funds
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	0	0
Level 2 \| Pooled Separate Funds
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	0
Level 3 \| Daktronics, Inc. common stock
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	0	0
Level 3 \| Mutual funds
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	0	0
Level 3 \| Pooled Separate Funds
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	0
NAV \| Common collective trusts \| Principal Stable Value Z Fund
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value	$ 10,758,468	10,304,183
NAV \| Common collective trusts \| Principal/Blackrock S&P 500 Index CIT N Fund
EBP, Investment, Fair Value and NAV [Line Items]
Total Investments at Fair Value		$ 17,572,378

SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR) (Details) - EBP 002	12 Months Ended
	Apr. 30, 2026 USD ($) shares
EBP, Schedule of Asset Held for Investment [Line Items]
Entity tax identification number	46-0306862
Plan number	002
Participant loans	$ 2,657,254
Asset held for investment	$ 330,642,663
Minimum
EBP, Schedule of Asset Held for Investment [Line Items]
Participant loan, interest rate	3.25%
Maximum
EBP, Schedule of Asset Held for Investment [Line Items]
Participant loan, interest rate	8.50%
Common collective trusts
EBP, Schedule of Asset Held for Investment [Line Items]
Current Value	$ 10,758,468
Mutual funds
EBP, Schedule of Asset Held for Investment [Line Items]
Current Value	$ 284,884,930
Investment, Identifier [Axis]: Capital Group EUPAC E Separate Acct-E1
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	1,257,204
Current Value	$ 14,834,221
Investment, Identifier [Axis]: Daktronics, Inc. common stock
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	1,645,067
Current Value	$ 32,342,011
Investment, Identifier [Axis]: Investment Company of America - R6 (Large cap fund)
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	400,564
Current Value	$ 26,369,105
Investment, Identifier [Axis]: JP Morgan Large Cap Growth -R6
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	514,351
Current Value	$ 44,928,577
Investment, Identifier [Axis]: John Hancock Disciplined Value Fund
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	249,649
Current Value	$ 6,817,913
Investment, Identifier [Axis]: John Hancock Disciplined Value Mid Cap Fund
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	403,276
Current Value	$ 11,908,728
Investment, Identifier [Axis]: Pimco Total Return Fund (Bond fund)
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	773,184
Current Value	$ 6,757,629
Investment, Identifier [Axis]: Principal Global Investors Trust Co Bond Market Index Sep Acct-Z
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	263,292
Current Value	$ 3,879,892
Investment, Identifier [Axis]: Principal Global Investors Trust Co Intl Equity Index Sep Acct-Z
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	132,894
Current Value	$ 3,893,738
Investment, Identifier [Axis]: Principal Global Investors Trust Co Large Cap S&P 500 Sep Acct-Z
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	60,169
Current Value	$ 24,826,742
Investment, Identifier [Axis]: Principal Global Investors Trust Co Mid Cap S&P 400 Sep Acct-Z
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	65,342
Current Value	$ 8,492,315
Investment, Identifier [Axis]: Principal Global Investors Trust Co Mid Cap Sep Acct-Z
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	25,611
Current Value	$ 13,780,400
Investment, Identifier [Axis]: Principal Global Investors Trust Co Small Cap S&P 600 Index Sep Acct-Z
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	53,939
Current Value	$ 6,894,343
Investment, Identifier [Axis]: Principal Stable Value Z Fund
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	407,228
Current Value	$ 10,758,468
Investment, Identifier [Axis]: T Rowe Price Small Capitalization Fund
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	231,098
Current Value	$ 14,450,584
Investment, Identifier [Axis]: Vanguard Balances Index FD-I
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	393,314
Current Value	$ 20,841,716
Investment, Identifier [Axis]: Vanguard Target Retirement 2020
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	23,451
Current Value	$ 662,737
Investment, Identifier [Axis]: Vanguard Target Retirement 2025
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	140,606
Current Value	$ 2,914,756
Investment, Identifier [Axis]: Vanguard Target Retirement 2030
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	155,748
Current Value	$ 6,893,420
Investment, Identifier [Axis]: Vanguard Target Retirement 2035
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	222,892
Current Value	$ 6,419,292
Investment, Identifier [Axis]: Vanguard Target Retirement 2040
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	211,995
Current Value	$ 11,197,597
Investment, Identifier [Axis]: Vanguard Target Retirement 2045
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	345,562
Current Value	$ 12,765,074
Investment, Identifier [Axis]: Vanguard Target Retirement 2050
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	218,024
Current Value	$ 13,813,990
Investment, Identifier [Axis]: Vanguard Target Retirement 2055
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	180,552
Current Value	$ 12,775,845
Investment, Identifier [Axis]: Vanguard Target Retirement 2060
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	96,103
Current Value	$ 6,267,831
Investment, Identifier [Axis]: Vanguard Target Retirement 2065
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	16,889
Current Value	$ 723,032
Investment, Identifier [Axis]: Vanguard Target Retirement 2070
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	16,959
Current Value	$ 577,102
Investment, Identifier [Axis]: Vanguard Target Retirement Inc
EBP, Schedule of Asset Held for Investment [Line Items]
Shares held (in shares) \| shares	84,629
Current Value	$ 1,198,351

SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

12 Months Ended

Apr. 30, 2026

EBP 002

EBP, Schedule of Asset Held for Investment [Line Items]

SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

DAKTRONICS, INC. 401(k) PLAN

EIN-46-0306862 PLAN 002

SCHEDULE H, LINE 4i

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

APRIL 30, 2026


Identity of Issue, Borrower,
Lessor, or Similar Party	Shares	Current Value (2)
Common Stock:
Daktronics, Inc. common stock (1)	1,645,067	$	32,342,011
Common Collective Trusts:
Principal Stable Value Z Fund (1)	407,228	10,758,468

		10,758,468
Mutual Funds:

John Hancock Disciplined Value Fund	249,649	6,817,913
John Hancock Disciplined Value Mid Cap Fund	403,276	11,908,728
JP Morgan Large Cap Growth -R6	514,351	44,928,577

T Rowe Price Small Capitalization Fund	231,098	14,450,584
Investment Company of America - R6 (Large cap fund)	400,564	26,369,105



Pimco Total Return Fund (Bond fund)	773,184	6,757,629

Vanguard Balances Index FD-I	393,314	20,841,716
Vanguard Target Retirement Inc	84,629	1,198,351
Vanguard Target Retirement 2020	23,451	662,737
Vanguard Target Retirement 2025	140,606	2,914,756
Vanguard Target Retirement 2030	155,748	6,893,420
Vanguard Target Retirement 2035	222,892	6,419,292
Vanguard Target Retirement 2040	211,995	11,197,597
Vanguard Target Retirement 2045	345,562	12,765,074
Vanguard Target Retirement 2050	218,024	13,813,990
Vanguard Target Retirement 2055	180,552	12,775,845
Vanguard Target Retirement 2060	96,103	6,267,831
Vanguard Target Retirement 2065	16,889	723,032
Vanguard Target Retirement 2070	16,959	577,102
Capital Group EUPAC E Separate Acct-E1	1,257,204	14,834,221
Principal Global Investors Trust Co Bond Market Index Sep Acct-Z (1)	263,292	3,879,892
Principal Global Investors Trust Co Intl Equity Index Sep Acct-Z (1)	132,894	3,893,738
Principal Global Investors Trust Co Large Cap S&P 500 Sep Acct-Z (1)	60,169	24,826,742
Principal Global Investors Trust Co Mid Cap Sep Acct-Z (1)	25,611	13,780,400
Principal Global Investors Trust Co Mid Cap S&P 400 Sep Acct-Z (1)	65,342	8,492,315
Principal Global Investors Trust Co Small Cap S&P 600 Index Sep Acct-Z (1)	53,939	6,894,343
		284,884,930


Participant loans (with interest rates ranging from 3.25 to 8.50 percent, maturing through February 2034)(1)		2,657,254
		$	330,642,663


(1) Indicates a party-in-interest to the Plan.
(2) Cost information is not required for participant-directed investments and therefore is not included.
See accompanying Report of Independent Registered Public Accounting Firm.

Statement of Net Assets Available for Benefits - EBP 002 - USD ($)	Apr. 30, 2026	Apr. 30, 2025
Assets
Participant directed investments at fair value	$ 327,985,409	$ 259,254,398
Receivables:
Notes receivable from participants	2,657,254	2,493,218
Employer contributions	870,675	813,073
Receivable	3,527,929	3,306,291
Total assets	331,513,338	262,560,689
Liabilities
Excess contributions payable	30,459	102,281
Total liabilities	30,459	102,281
Net assets available for benefits	$ 331,482,879	$ 262,458,408

DESCRIPTION OF THE PLAN	12 Months Ended
DESCRIPTION OF THE PLAN	Apr. 30, 2026
EBP 002
EBP, Description of Plan [Line Items]
Description of the Plan	DESCRIPTION OF THE PLAN The following description of the Daktronics, Inc. 401(k) Plan (the “Plan”) is provided for informational purposes only. Participants should consult the Plan document for a complete description of the Plan’s terms and provisions. General: The Plan is a defined contribution plan covering substantially all U.S.-based employees of Daktronics, Inc. (the “Plan Sponsor”) and its subsidiaries (collectively, the “Company”) who have attained age 21 and satisfied applicable service requirements. Eligibility for both employee and employer contributions begins after 30 days of service. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The Plan includes an employee stock ownership component under the Internal Revenue Code of 1986 (the “Code”), applicable to investments in the Daktronics, Inc. common stock fund. This component provides participants with rights including voting shares, electing dividend pass-throughs, and receiving distributions in the form of Daktronics, Inc. common stock. Principal Trust Company serves as the Plan trustee. Administration: The Company has designated an Administrative Committee to oversee daily operations of the Plan and an Investment Committee to manage and monitor Plan investments. Participant contributions: Participants may elect to defer a portion of their eligible compensation into the Plan, subject to Code limitations. These deferrals are made through payroll deductions and invested per participant direction. Participants age 50 or older may make catch-up contributions, also subject to Code limits. The Plan also accepts rollover contributions from other qualified retirement plans, which are invested according to participant instructions. Employer contributions: The Company matched 50 percent of the first 6 percent of eligible compensation contributed by participants. Matching contributions are invested per participant direction and are recorded when earned. Participant accounts: Individual accounts are maintained for each participant of the Plan. Each participant’s account reflects employee contributions, employer matching contributions, investment earnings and losses, withdrawals, and allocated administrative expenses. Expense allocations are based on account balances. Participants are entitled to their vested account balances. Vesting: Participants are immediately vested in their own contributions, including rollovers, and related earnings. Employer matching contributions vest at 20 percent per year, reaching full vesting after five years of credited service. Employees joining the Company through acquisition may receive service credit for prior employment when determining eligibility and vesting. Payment of benefits: Distributions of vested account balances are made upon retirement, disability, death, or termination of employment. Distributions are reduced by any outstanding loan balances. Hardship withdrawals are permitted under Internal Revenue Service (“IRS”) guidelines and require exhaustion of all other distribution and loan options. Benefits are recorded when paid. There were no participants who elected to withdraw from the Plan and were not paid as of April 30, 2026 or 2025. Investment fund information: Participants may direct their contributions into a variety of investment options, including mutual funds, pooled funds, common collective trusts, and Daktronics, Inc. common stock. Investment elections may be changed daily. Notes receivable from participants: Participants may borrow up to the lesser of $50,000 or 50 percent of their vested account balance. Loans are secured by the participant’s account and bear interest at the prime rate as determined by the Trustee. Loan terms range from one to five years, or longer for primary residence purchases. Repayment is made via payroll deductions. Loans are recorded at unpaid principal plus accrued interest. If a loan is deemed a distribution due to nonpayment, the balance is reduced and a benefit payment is recorded. As of April 30, 2026, loans mature through February 24, 2034, with interest rates ranging from 3.25 to 8.50 percent. Excess contributions refundable: Amounts refundable to participants for excess contributions totaled $30,459 and $102,281 as of April 30, 2026 and 2025, respectively. Forfeited accounts: Forfeitures of non-vested balances totaled $52,535 and $72,248 for the years ended April 30, 2026 and 2025, respectively, and were used to offset employer contributions. Unallocated forfeiture balances were $0 and $7,729 as of April 30, 2026 and 2025, respectively. Administrative expenses: Administrative expenses, including investment management, legal, and audit fees, are paid by the Plan.

DESCRIPTION OF THE PLAN (Details) - EBP 002 - USD ($)	12 Months Ended
DESCRIPTION OF THE PLAN (Details) - EBP 002 - USD ($)	Apr. 30, 2026	Apr. 30, 2025
EBP, Description of Plan [Line Items]
Requisite service period	30 days
Employer contribution, matching percentage	50.00%
Participant compensation matched, percentage	6.00%
Employer contribution vesting percentage	20.00%
Vesting service period	5 years
Maximum borrowing, amount	$ 50,000
Maximum borrowing to total account, percentage	50.00%
Excess contributions payable	$ 30,459	$ 102,281
Forfeited nonvested account, decrease from employer contribution	52,535	72,248
Unallocated forfeiture	$ 0	$ 7,729
Minimum
EBP, Description of Plan [Line Items]
Borrowing term	1 year
Participant loan, interest rate	3.25%
Maximum
EBP, Description of Plan [Line Items]
Borrowing term	5 years
Participant loan, interest rate	8.50%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) - EBP 002	12 Months Ended
	Apr. 30, 2026
EBP, Accounting Policy [Line Items]
Basis of accounting	Basis of accounting: The accompanying financial statements have been prepared using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”).
Use of estimates	Use of estimates: The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of changes in net assets available for benefits during the reporting period. Actual results could differ from those estimates.
Investment valuation and income recognition	Investment valuation and income recognition: Investments are stated at fair value. Fair value is determined based on quoted market prices as of the last business day of the Plan year. Investments in common collective trusts are valued at net asset value, which is determined using the estimated fair value of the underlying assets held by the trust. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recognized on the accrual basis. Dividend income is recorded on the ex-dividend date. Net appreciation (depreciation) in the fair value of investments includes realized gains and losses on investments sold during the year, as well as unrealized gains and losses on investments held at year-end.
New Accounting Pronouncements	New Accounting Pronouncements: No new accounting pronouncements adopted during the fiscal year ended April 30, 2026 had a material impact on the financial statements or the accompanying notes included in this Form 11-K.

- Definition

Disclosure of accounting policy for use of estimate in preparation of financial statement of employee stock purchase, saving, or similar plan (employee benefit plan (EBP)).

+ References + Details

FAIR VALUE MEASUREMENT

12 Months Ended

Apr. 30, 2026

EBP 002

EBP, Investment, Fair Value and NAV [Line Items]

FAIR VALUE MEASUREMENT

The Plan follows the guidance of Accounting Standards Codification ("ASC") 820, Fair Value Measurement, which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy maximizes the use of observable inputs and minimizes the use of unobservable inputs. The three levels of inputs within the fair value hierarchy are as follows:

Level 1 – Inputs are quoted prices in active markets for identical assets or liabilities that the Plan can access at the measurement date.

Level 2 – Inputs are observable, either directly or indirectly, other than quoted prices included in Level 1. These may include quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in markets that are not active, or other market-corroborated inputs.

Level 3 – Inputs are unobservable and reflect the Plan’s own assumptions about the assumptions market participants would use in pricing the asset or liability.


	Assets at Fair Value as of April 30, 2026
	Level 1		Level 2		Level 3		Total
Daktronics, Inc.* common stock	$	32,342,011	$	—	$	—	$	32,342,011




Mutual funds	208,283,279		—		—		208,283,279
Pooled Separate Funds	$	76,601,651	$	—	$	—	$	76,601,651

Investments measured at Net Asset Value (NAV)**:
Common collective trusts*:
Principal Stable Value Z Fund*							10,758,468

Total Investments at Fair Value							$	327,985,409


	Assets at Fair Value as of April 30, 2025
	Level 1		Level 2		Level 3		Total
Daktronics, Inc.* common stock	$	22,219,583	$	—	$	—	$	22,219,583





Mutual funds	209,158,254		—		—		209,158,254

Investments measured at Net Asset Value (NAV)**:
Common collective trusts*:
Principal Stable Value Z Fund*							10,304,183
Principal/Blackrock S&P 500 Index CIT N Fund*							17,572,378
Total Investments at Fair Value							$	259,254,398


*Indicates a party-in-interest as defined under the Employee Retirement Income Security Act of 1974, as amended ("ERISA")


**Certain investments are measured at fair value using the net asset value (“NAV”) per share (or its equivalent) as a practical expedient. These investments have not been classified within the fair value hierarchy established by ASC 820. The fair value amounts presented in the accompanying table are included to facilitate reconciliation of the fair value hierarchy to the amounts reported in the Statement of Net Assets Available for Benefits.

Classification within the fair value hierarchy is determined based on the lowest level input that is significant to the fair value measurement of the asset. For instruments classified as Level 1 or Level 2, fair value measurements rely primarily on observable market data, resulting in minimal judgment. Instruments classified as Level 3 involve significant management judgment due to the absence of observable market inputs.

The Plan periodically reviews and updates its fair value hierarchy classifications. Changes in the observability of inputs may result in reclassification between levels within the hierarchy.

The following describes the valuation techniques and inputs used for each major class of investment measured at fair value:

Daktronics, Inc. common stock: Fair value is based on quoted market prices in active markets for identical securities.

Mutual funds: Fair value is determined using the closing NAV per share as reported on the active market on the valuation date.

Pooled Separate Accounts: Valued by using the net asset value of the funds at year-end as a practical expedient. The net asset value is not a publicly‑quoted price in an active market and is determined based upon the fair value of the underlying investments. The Plan considers the fair value per share (unit) to be a readily determinable fair value which is disclosed and used as the basis for current transactions and thus classified as Level 1 in the fair value hierarchy.

Common collective trusts: The Plan offered the Principal Stable Value Z Fund as an investment option in Plan years 2026 and 2025. In addition, the Principal/BlackRock S&P 500 Index CIT N Fund was offered as an investment option during Plan year 2025.

Principal Stable Value Z Fund: This fund invests in conventional and synthetic guaranteed investment contracts (“GICs”) issued by financial institutions, with excess cash held in cash equivalents. The fund seeks capital preservation and stable returns regardless of market volatility. Fair value is estimated using NAV as a practical expedient, which reflects the value of the underlying assets less liabilities. The NAV is not used if it is probable that the investment will be sold for an amount materially different from NAV. Participant transactions may occur daily. Full redemptions may be temporarily delayed by the issuer to ensure orderly liquidation. There are no current redemption restrictions or unfunded commitments.

Principal/BlackRock S&P 500 Index CIT N Fund: This index fund invests in equity securities of companies comprising the S&P 500 Index through one or more underlying collective investment funds managed by BlackRock Institutional Trust Company, N.A. Fair value is determined using NAV as reported by the fund manager, based on recent transaction prices. The fund permits daily redemptions at NAV without advance notice.

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

- Definition

The entire disclosure for fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 962
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-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478873/962-325-55-17

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147477509/962-325-45-5

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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Reference 16: http://www.xbrl.org/2003/role/recommendedDisclosureRef
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147477509/962-325-45-6

+ Details

Statement of Changes in Net Assets Available for Benefits - EBP 002	12 Months Ended
	Apr. 30, 2026 USD ($)
Investment income:
Net appreciation in fair value of investments	$ 66,621,758
Other income	48,015
Dividends	2,975,793
Total	69,645,566
Interest income on notes receivable from participants	182,916
Contributions:
Participants	12,328,191
Employer	3,723,395
Rollover	403,386
Total	16,454,972
Total additions	86,283,454
DEDUCTIONS:
Benefits paid to participants	16,977,494
Administrative expenses	281,489
Total deductions	17,258,983
Increase in net assets	69,024,471
Beginning of year	262,458,408
End of year	$ 331,482,879

RELATED PARTY TRANSACTIONS AND EXEMPT PARTY-IN-INTEREST TRANSACTIONS (Details) - Daktronics, Inc. common stock - EBP 002 - USD ($)	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025
EBP, Related Party and Party-in-Interest Transactions [Line Items]
Shares held (in shares)	1,645,067	1,750,952
Purchases of common stock	$ 1,665,165	$ 655,031
Sales of common stock	$ 3,784,520	$ 6,166,722

Cover	12 Months Ended
Cover	Apr. 30, 2026
Document Information [Line Items]
Document Type	11-K
Entity Registrant Name	Daktronics, Inc.
Amendment Flag	false
Entity Central Index Key	0000915779
EBP 002
Document Information [Line Items]
Document Type	11-K
Entity Registrant Name	Daktronics, Inc.
Amendment Flag	false
Entity Central Index Key	0000915779

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Apr. 30, 2026
EBP 002
EBP, Subsequent Event [Line Items]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS The Plan has evaluated events occurring subsequent to April 30, 2026 through October 2, 2026, the date the financial statements were filed with the Securities and Exchange Commission. Based on this evaluation, management has determined that no events occurred during this period that require recognition or disclosure in the accompanying financial statements.

PLAN TERMINATION	12 Months Ended
PLAN TERMINATION	Apr. 30, 2026
EBP 002
EBP, Description of Plan [Line Items]
PLAN TERMINATION	PLAN TERMINATION Under the terms of the Plan, the Plan Sponsor reserves the right to discontinue contributions at any time and to terminate the Plan, subject to the provisions of ERISA. As of the date of this filing, the Plan Sponsor has not expressed any intent to terminate the Plan. In the event of Plan termination, all participants would become fully vested in their account balances.