This week BRP closed out the books on the three- and twelve-month periods ended January 31, 2026. Q4 highlights include a 190% increase in net income to $45.8 million and Revenues of $2,457.3 million, an increase of 16.0% compared to last year, driven by a favorable ORV product mix, as well as higher ORV and PWC shipments (all financial information is in Canadian dollars unless otherwise noted).
“In just two months as CEO, I’ve already witnessed first-hand how BRP’s exceptional talent, combined with our engaged dealer network and powerful brands, holds immense potential,” claims Denis Le Vot, President and CEO of BRP.
The Company’s North American retail sales were up 12% for the three-month period ended January 31, 2026, compared to the same period last year. The increase in retail sales is driven by stronger Snowmobile industry volumes compared to last year, which had been affected by late snowfalls, and by market share gains in ORV and Snowmobile. Correspondingly revenues increased by $339.0 million.
Highlights For FY26
• Revenues of $8,442.7 million, an increase of 6.8% compared to last year
• Exceeded revised FY26 guidance with Normalized diluted earnings per share of $5.21
• North American network inventory decreased by 17% compared to last year
“I’m pleased to share that our teams rose to the year’s challenges with conviction, navigating through a volatile tariff environment and a demanding competitive landscape to deliver FY26 financial results above expectations,” adds Le Vot. “In the fourth quarter, we recorded a strong retail performance in ORV and snowmobiles in North America, fueled by the success of our new product introductions.” But he concedes BRP has to remain focused.
“Looking ahead, our priority is to continue advancing our M28 strategic plan. Thanks to our healthy inventory position and steadfast focus on product innovations, we are poised for solid revenue and profit growth in FY27. Although the geopolitical environment remains uncertain, we are confident in our ability to adapt and execute on what we can control. BRP is well positioned to drive long-term growth and sustainable value for shareholders,” Le Vot concludes.
