Recent Updates — DOO
BRP Inc. reported second-quarter fiscal 2027 revenues of $2,236.8 million CAD, an 18.5% increase driven by higher off-road vehicle shipments and a favorable side-by-side product mix. The company posted a net loss of $136.8 million, primarily due to Section 232 tariff impacts on steel, aluminum, and copper imports, as well as a $74.8 million supplier financial restructuring charge. Normalized EBITDA declined 34.9% to $138.8 million. BRP raised its full-year normalized diluted earnings per share guidance to $4.00–$4.50 from prior estimates. The Board declared a quarterly cash dividend of $0.25 CAD per share, payable October 13, 2026, to shareholders of record on September 29, 2026. BRP Inc. is a global leader in powersports products and powertrains, manufacturing snowmobiles, watercraft, off-road vehicles, and engines.
BRP Inc. reported a net loss of $134.1 million CAD ($1.84 diluted EPS) for the three months ended July 31, 2026, compared to net income of $23.5 million in the prior year period. Revenues increased 18.5% to $2,236.8 million, driven by Year-Round Products growth, but gross profit margin contracted significantly from 21.1% to 11.7%. The decline was primarily attributed to Section 232 tariffs on steel, aluminum, and copper imports into the United States and a $74.8 million unfavorable impact from a supplier financial restructuring. Operating expenses rose due to increased research and development investments. For the six-month period, revenues reached $4,628.6 million with a net loss of $5.2 million. The company repurchased 2,258,400 shares for $201.7 million under its normal course issuer bid program during the first half. BRP Inc. designs, develops, manufactures and sells powersports vehicles including snowmobiles, personal watercraft, and off-road vehicles.