BRP (NASDAQ:DOOO), the global leader in powersports vehicles and propulsion systems, today announced its financial results for the fourth quarter and full fiscal year ended January 31, 2026.
The company reported a robust rebound in profitability and record quarterly shipments, supported by strong retail demand for its iconic Sea-Doo and Can-Am product lines.
For the fourth quarter, BRP generated revenue of $2,457.3 million, a 16% increase compared to the same period last year.
This performance brought full-year fiscal 2026 revenue to $8,442.7 million, representing 6.8% annual growth.
The quarterly bottom line saw a significant turnaround, with net income reaching $45.8 million compared to a net loss in the prior-year period.
Normalized EBITDA for the quarter surged 47.3% to $363.8 million, reflecting improved supply chain efficiency and a favorable product mix.
The results included a strategic non-cash adjustment, as the company recorded a $232.5 million normalized impairment charge related to its electric vehicle (EV) and light mobility assets.
Demonstrating confidence in its cash flow generation, BRP’s Board of Directors approved a 19% increase in the quarterly dividend to $0.25 per share.
During the fourth quarter, the company also remained active in its share repurchase program, buying back $50.3 million worth of subordinate voting shares.
Looking ahead, BRP provided optimistic guidance for fiscal year 2027.
Management expects full-year revenue to land between $8.9 billion and $9.15 billion, with normalized earnings per share (EPS) projected in the range of $5.50 to $6.50.