$RBC · RBC Bearings INC
RBC Bearings filed its 10-Q for Q2 FY2027 (quarter ended September 26, 2026). Revenue rose 15.2% YoY to $524.6M, net income jumped 56.3% to $93.8M, and diluted EPS reached $2.96 versus $1.90 a year ago. The company fully repaid its $1,300M Term Loan during the quarter, deleveraging significantly.
- Q2 net income of $93.8M, up 56.3% YoY from $60.0M
- Q2 revenue of $524.6M, up 15.2% YoY from $455.3M
- Gross margin expanded to 45.6% vs 44.1% a year ago
- Operating income rose 34.6% to $131.6M; operating margin reached 25.1%
- Term Loan fully repaid during the quarter; total debt now $710.5M vs $875.5M at fiscal year-end
Markets closed — no regular-session reaction yet; extended-hours move not captured here. The stock was down 6.76% in the regular session before the filing, so any post-earnings move will layer onto an already weak day.
RBC delivered broad-based operating leverage: revenue +15.2%, net income +56.3%, and complete Term Loan payoff — a trifecta of growth, margin expansion, and deleveraging in a single quarter.
RBC's Aerospace & Defense segment grew 15.8% YoY with gross margin expanding 350 bps to 42.2%, reflecting strong commercial aerospace OEM build-rate recovery and defense backlog growth — trends consistent across the precision components sector.
Inventory rose to $790.0M from $762.8M at fiscal year-end, and the filing notes $904.7M in remaining intangible amortization beyond fiscal 2032. Foreign currency translation was a $5.1M headwind over six months.