Sea-Doo parent BRP last week announced its financial results for the second quarter of fiscal 2026.
Revenue during the quarter was CAD$1.9 billion ($1.34 billion), an increase of 4.3% compared with the year-ago quarter. Net income grew 36% year-over-year to CAD$57.1 million ($41.4 million), while EBIDTA decreased 9.2% to CAD$213.2 million ($154.6 million). North American retail sales fell 11% compared with the year-ago period.
“We are pleased with our second-quarter results, which in the macroeconomic context were better than expected,” BRP president and CEO José Boisjoli said in a statement. “We are coming off a successful dealer event, during which we unveiled a significant number of industry-leading products and witnessed a strong upswing in dealer sentiment. The timing of these new introductions could not be better, given our healthier inventory levels.”
Regarding the remainder the fiscal year, Boisjoli added: “In the short term, we anticipate a solid second half of the year, as reflected in the FY26 guidance we have issued. Looking ahead, with our comprehensive product portfolio, leaner inventory position and solid dealer network, we are the best-positioned to benefit from the industry rebound. We remain focused on building a strong future and driving long-term profitable growth for BRP and our dealers.”
