10-K · May 15, 2026
RBC Bearings demonstrated robust financial performance in its Fiscal Year 2026, achieving revenues of $1,870.9 million, representing a 14.3% increase from the prior year, alongside a net income of $287.6 million,…
Earnings analysis · 10-Q
RBC earnings analysis
Filed October 30, 2026 · Our reading of the company's report
The latest report
RBC reported revenue of $524.6 million, above the $515.1 million consensus estimate, with broad-based growth led by Aerospace & Defense at 15.8% and Industrial at 14.8%. However, GAAP diluted EPS of $2.96 missed the…
Read full summary
RBC reported revenue of $524.6 million, above the $515.1 million consensus estimate, with broad-based growth led by Aerospace & Defense at 15.8% and Industrial at 14.8%. However, GAAP diluted EPS of $2.96 missed the $3.50 estimate, despite adjusted EPS of $3.74. Management provided Q3 fiscal 2027 revenue guidance of $520.0 million-$525.0 million and expects gross margin of 45.5%-45.75%. The filing reported no material changes to risk factors, while variable-rate debt and foreign-exchange exposure remain notable risks.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $2.96
- Segment
- Aerospace & Defense: revenue increased 15.8% year over year.
- Segment
- Industrial: revenue increased 14.8% year over year.
What stood out
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Revenue exceeded consensus
Revenue was $524.6 million, exceeding the $515.1 million consensus estimate by approximately $9.5 million.
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Aerospace & Defense grew 15.8%
Aerospace & Defense revenue increased 15.8% year over year, indicating strong demand in the segment.
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Industrial grew 14.8%
Industrial revenue increased 14.8% year over year, providing broad-based segment growth.
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Q3 outlook calls for continued growth
Management's Q3 fiscal 2027 outlook calls for revenue of $520.0 million-$525.0 million, gross margin of 45.5%-45.75%, and SG&A of 16.25%-16.5% of sales.
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Repurchase capacity remains available
The company retained $100.0 million of authorization under its share-repurchase program; it had repurchased no shares under that program as of September 26, 2026.
What to watch
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GAAP EPS missed consensus
GAAP diluted EPS was $2.96 versus the $3.50 consensus estimate, while adjusted EPS was $3.74, indicating a material difference between GAAP and adjusted earnings.
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Variable-rate debt creates rate exposure
The company has variable-rate debt outstanding under its Revolving Credit Facility, exposing net income and cash flow to changes in interest rates.
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Foreign exchange remains a material exposure
Approximately 10% of net sales were impacted by foreign-currency fluctuations in both the three- and six-month periods ended September 26, 2026, versus approximately 11% in the comparable 2025 periods.
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No material risk-factor changes
The company stated that there were no material changes to its risk factors since the May 15, 2026 Annual Report, limiting evidence of a reduced risk profile.
Management's outlook
Management provided Q3 fiscal 2027 revenue guidance of $520.0 million-$525.0 million, with expected gross margin of 45.5%-45.75% and SG&A of 16.25%-16.5% of sales. The prior disclosed $500.0 million-$510.0 million outlook was for Q1 fiscal 2027 and is not directly comparable.
Earlier filings 4
10-Q · February 5, 2026
RBC Bearings reported strong Q3 2025 performance with revenue reaching $462 million, a 17.0% increase compared to $394 million a year ago, and an EPS of $2.13, outperforming prior quarter results. Notably, the…
10-Q · October 31, 2025
RBC Bearings reported a strong Q2 2026, with net sales reaching $455.3 million, up 14.4% YoY, driven by substantial growth in the Aerospace/Defense segment, which surged by 38.8%. EPS came in at $2.88, beating estimates…
10-Q · August 1, 2025
RBC Bearings Inc. reported a revenue increase of 7.3% year-over-year to $436 million in Q1 2025. Gross margin slightly decreased to 44.8%, and diluted EPS rose to $2.17, reflecting strong performance in both the…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.