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Doosan Bobcat (241560) investor relations material
Doosan Bobcat Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue increased 4% year-over-year to $1,630M in 2Q26, despite shipment delays from a technical system issue, supported by commercial actions.
Operating profit rose 34% year-over-year, primarily due to significant tariff refunds, with a one-off gain of $81M in 2Q26.
Net profit surged 54% year-over-year, driven by stronger operating performance and lower financing costs.
Financial highlights
EBIT margin improved to 11.9% in 2Q26, up 2.6 percentage points year-over-year.
EBITDA increased 28% year-over-year to $244M.
Net interest expense decreased 19% year-over-year.
Profit before tax rose 50% year-over-year to $189M.
Revenue in KRW terms grew 11.2% year-over-year, reflecting currency effects.
Outlook and guidance
Deferred shipment recovery and secured rental fleet orders are expected to drive stronger growth in coming quarters.
Growth anticipated from deferred shipments in India and other countries, as well as promotional activities in Latin America.
- Revenue and profit fell sharply year-over-year, but liquidity and investments remain strong.241560
Q2 202424 Jun 2026 - Q3 2024 saw steep declines in revenue and profit, with major investment in hydraulic technology.241560
Q3 202424 Jun 2026 - Revenue and profit fell year-over-year, with portfolio expansion and strong liquidity maintained.241560
Q1 202524 Jun 2026 - Earnings fell YoY amid tariffs and economic slowdown, but liquidity and shareholder returns improved.241560
Q2 202524 Jun 2026 - Q3 2025 saw 17% revenue growth and 28% net profit increase, despite a weaker nine-month trend.241560
Q3 202524 Jun 2026 - Q1 2026 revenue up 6.2% YoY, net income $90M, strong Compact Equipment sales.241560
Q1 202622 Jun 2026 - Revenue and profit fell sharply in FY24, with only modest growth expected for FY25.241560
Q4 202419 Jun 2026 - Growth, shareholder returns, and financial stability drive the value-up program's progress.241560
Corporate presentation20 May 2026 - FY25 saw lower revenue and profit, but FY26 targets growth and stable margins.241560
Q4 202512 Feb 2026
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