)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
BRP (DOO) investor relations material
BRP Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary29 Aug, 2025
Executive summary
Revenues grew 4% year-over-year to $1.89B, driven by higher Off-Road Vehicle shipments, despite lower PWC volumes and a challenging macro environment.
Net income increased 36% to $57M, with diluted EPS up 44% to $0.79; normalized diluted EPS fell 10% to $0.92 due to higher operating expenses.
Free cash flow rose 54% to $99M, reflecting strong operational execution and disciplined inventory management.
Dealer sentiment and network inventory health improved, positioning for strong H2 and new product launches.
Multiple key product introductions, including electric and high-performance models, boosted innovation momentum and dealer support.
Financial highlights
Q2 revenue reached $1.9B, up 4% year-over-year, with gross margin at 21.1%, down from prior year due to lower capacity utilization and tariffs.
Normalized EBITDA was $213M, down 9% year-over-year; normalized EPS was $0.92, including $0.35 from tax credits.
Free cash flow from continuing operations was $100M, up 54% year-over-year; cash balance over $270M.
Operating income was $90M, down 25% year-over-year.
Diluted EPS rose to $0.79 from $0.55 year-over-year.
Outlook and guidance
FY26 guidance: revenue of $8.15B–$8.3B, normalized EBITDA of $1.04B–$1.09B, normalized EPS of $4.25–$4.75.
H2 revenue expected to grow 8–12%, with normalized EBITDA up 22–31% and margin above 14%.
Guidance includes $90M gross tariff impact, up from prior estimates due to expanded tariffs.
Net income forecast: $430M to $470M; capex guidance for FY26 is ~$410M–$420M.
Guidance assumes continued macroeconomic challenges, pressured margins, and market share volatility.
Strategy to regain lost market share
Mitigate FY26 margin pressure
New products' role in industry rebound
FY27 tariff impact without mitigation efforts
Defender's role in utility SSV market share growth
Factors supporting 17% long-term EBITDA margin
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next BRP earnings date
Analyst and Investor Day 20259 Oct, 2025
LIVEat 13:30
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
)
Edge19 Sep 2025
American Express: An Empire of Plastic
How history, brand, and structure have steadily built American Express' moat, and why Warren Buffett still calls it a one-of-a-kind business.
Frequently asked questions
BRP Inc. designs, develops, manufactures, distributes, and markets powersports vehicles and marine products primarily in the United States, Canada, Europe, the Asia Pacific, and Mexico. It offers a range of products that include all-terrain vehicles (ATVs) and side-by-side vehicles for recreational and utility use; motorcycles; roadsters; snowmobiles; personal watercraft (PWCs); boating accessories. It operates through the following segments: Powersports Vehicles and Marine Products, Parts and Clothing (PAC), Direct Distribution Channel (DDC), Aftermarket Parts & Accessories (APA); and Financing.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage