VALCOURT, QC — September 3, 2026 — Leads & Copy — BRP Inc. (TSX: DOO) (NASDAQ: DOO) today reported strong second-quarter financial results for the period ending July 31, 2026, with revenues climbing 18.5% year-over-year to $2,236.8 million, driven primarily by increased shipments of Off-Road Vehicles (ORV) and a favourable Side-by-Side Vehicle (SSV) mix. The company also announced it is increasing its full-year guidance for Normalized diluted earnings per share to a range of $4.00 to $4.50.
Despite a net loss of $136.8 million for the quarter, a significant improvement from the previous year’s loss, and Normalized EBITDA of $138.8 million, down 34.9%, the company highlighted positive momentum in its core operations. North American Powersports retail sales saw a 1% increase, with BRP achieving market share gains in the ORV segment in North America.
The company’s strategic product development and brand ambition were showcased at Club BRP 2027, where BRP committed to major product announcements every six months for the next four years, reinforcing its goal to become North America’s leading off-road brand. This initiative is expected to bolster its competitive position and drive future growth.
Recent product introductions include the limited-edition Sea-Doo RXP-X Senna 350 with its powerful PWC engine, an upgraded Spark lineup, the second-generation Can-Am Defender HD10, and an evolved Can-Am Ryker platform. BRP also launched BRP Financial Services, a new retail financing program in the United States.
For the six-month period ended July 31, 2026, revenues increased by 23.9% to $4,628.6 million. Normalized EBITDA for this period rose by 14.3% to $473.2 million, and Normalized net income increased by 19.7% to $121.5 million. Consolidated net cash flows from operating activities significantly increased to $686.8 million, up from $373.1 million in the prior year period, supporting capital expenditures and shareholder returns.
The company’s financial leadership also announced a planned transition. Denis Le Vot, President and CEO, expressed confidence in the company’s execution and stated that the strong performance in ORV and reduced net tariff costs contributed to the decision to raise full-year guidance. He emphasized BRP’s focus on navigating global trade complexities and advancing long-term growth through innovation.
BRP Inc. is a global leader in powersports products and powertrains, offering brands such as Ski-Doo, Lynx, Sea-Doo, Can-Am, and Rotax engines. The company had annual sales of CA$8.4 billion in fiscal year 2026, operating in over 110 countries.
Source: BRP Inc.
