BRP Inc. (DOO) Form 6-K — Sep 3, 2026
BRP Inc. reported second-quarter fiscal 2027 revenue of $2,236.8 million, up 18.5% year over year, driven by higher ORV shipments, a favourable side-by-side vehicle mix, and continued North American ORV market share gains, with retail sales up 1%. Despite the top-line growth, the company posted a net loss of $136.8 million (diluted loss per share of $1.88) as Section 232 tariffs on steel, aluminum and copper imports plus a supplier financial restructuring costing $74.8 million compressed gross margin by 940 basis points to 11.7%; normalized EBITDA fell 34.9% to $138.8 million.
Key figures
- Eps
- -$1.88 diluted / -$0.18 normalized diluted (Q2 FY27)
- Revenue
- $2,236.8M CAD (Q2 FY27)
- Guidance
- FY27 revenues $9,225M-$9,475M; Normalized EBITDA $1,025M-$1,075M; Normalized diluted EPS $4.00-$4.50; Net income $160M-$195M; Q3 normalized diluted EPS down ~50-60% YoY mainly on tariffs
- Net Income
- -$136.8M CAD (Q2 FY27) vs +$57.1M prior year
- Revenue Yoy
- +18.5%
- Gross Margin q2
- 11.7%, down 940 bps YoY
- Capex six Months
- $126.2M CAD
- Six Month Revenue
- $4,628.6M CAD, up 23.9% YoY
- Quarterly Dividend
- $0.25 CAD per share, payable October 13, 2026
- Capex fy27 guidance
- ~$390M CAD
- Normalized EBITDA q2
- $138.8M CAD, down 34.9% YoY
- Free Cash Flow six Months
- $559.4M CAD vs $239.2M prior year
- North American Retail Sales q2
- +1% YoY
- Operating Cash Flow six Months
- $686.8M CAD vs $373.1M prior year
- Supplier Restructuring Impact
- $74.8M / 330 bps on Q2 gross profit
- Shareholder Returns six Months
- $231.7M CAD via dividends and buybacks
AI analysis
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