Business Wire·Oct 30, 2026, 8:00 AM ET

RBC Bearings Incorporated Announces Fiscal Second Quarter 2027 Results

RBC Bearings reported second quarter fiscal 2027 net sales of $524.6 million, a 15.2% increase year-over-year.
Gross margin reached 45.6% for the quarter, compared to 44.1% in the prior year period.
Net income for the quarter was $93.8 million, representing 17.9% of net sales versus 13.2% last year.
Diluted EPS was $2.96, an increase from $1.90 in the second quarter of fiscal 2026.
Aerospace & Defense segment sales grew 15.8% while Industrial segment sales increased 14.8%.
Adjusted gross margin was 45.6%, with a $1.7 million favorable impact from tariff refunds.
SG&A expenses totaled $83.4 million, or 15.9% of net sales, down from 17.0% in the prior year.
Interest expense decreased to $9.3 million from $13.4 million due to debt reduction efforts.
The company fully repaid its Term Loan during the second quarter of fiscal 2027.
Backlog as of September 26, 2026, stood at $2.4 billion, up from $1.6 billion in the prior year.
RBC acquired PSC on August 10, 2026, contributing $2.0 million to industrial segment net sales.
Third quarter fiscal 2027 net sales are forecasted between $520.0 million and $525.0 million.
Adjusted EBITDA for the quarter was $175.0 million, up from $145.3 million in the prior year.
A webcast to discuss results is scheduled for October 30, 2026, at 11:00 a.m. ET.
Total assets on the balance sheet were $5,190.3 million as of September 26, 2026.
Cash provided by operating activities for the six-month period was $278.2 million.