RBC achieved a notable 18.3% year-over-year revenue growth in 2026Q4 while maintaining a robust 48.5% gross margin, reflecting strong pricing power in its specialized manufacturing segments.
| Metric | Mar'26 | Mar'25 | Mar'24 | Apr'23 | Mar'22 | Mar'21 | Mar'20 | Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 | Mar'09 | Mar'08 | Mar'07 | Mar'06 | Mar'05 | Mar'04 |
|---|
| Sales/Revenue | 1.87B | 1.64B | 1.56B | 1.47B | 942.9M | 609M | 727.46M | 702.52M | 674.95M | 615.39M | 597.47M | 445.28M | 418.89M | 403.05M | 397.51M | 335.63M | 274.7M | 355.8M | 330.6M | 306.06M | 274.51M | 243.02M | 187.33M |
| Revenue Growth % | 14.34% | 4.87% | 6.19% | 55.83% | 54.83% | -16.28% | 3.55% | 4.08% | 9.68% | 3% | 34.18% | 6.3% | 3.93% | 1.39% | 18.44% | 22.18% | -22.79% | 7.62% | 8.02% | 11.49% | 12.96% | 29.73% | - |
| Cost of Goods Sold | 1.04B | 910.2M | 889.8M | 864.5M | 585.8M | 374.9M | 438.36M | 425.86M | 416.41M | 385.18M | 378.69M | 275.14M | 254.09M | 250.12M | 256.93M | 225.85M | 190.14M | 237.58M | 217.02M | 205.95M | 191.56M | 174.6M | 135.43M |
| COGS % of Revenue | 55.63% | 55.63% | 57.03% | 58.84% | 62.13% | 61.56% | 60.26% | 60.62% | 61.7% | 62.59% | 63.38% | 61.79% | 60.66% | 62.06% | 64.63% | 67.29% | 69.22% | 66.77% | 65.64% | 67.29% | 69.78% | 71.85% | 72.3% |
| Gross Profit | 830.2M | 726.1M | 670.5M | 604.8M | 357.1M | 234.1M | 289.1M | 276.65M | 258.54M | 230.21M | 218.78M | 170.14M | 164.8M | 152.93M | 140.58M | 109.77M | 84.57M | 118.22M | 113.58M | 100.11M | 82.95M | 68.41M | 51.9M |
| Gross Margin % | 44.37% | 44.37% | 42.97% | 41.16% | 37.87% | 38.44% | 39.74% | 39.38% | 38.3% | 37.41% | 36.62% | 38.21% | 39.34% | 37.94% | 35.37% | 32.71% | 30.78% | 33.23% | 34.36% | 32.71% | 30.22% | 28.15% | 27.7% |
| Gross Profit Growth % | 14.34% | 8.29% | 10.86% | 69.36% | 52.54% | -19.03% | 4.5% | 7.01% | 12.3% | 5.23% | 28.59% | 3.24% | 7.76% | 8.78% | 28.06% | 29.81% | -28.47% | 4.09% | 13.45% | 20.69% | 21.24% | 31.82% | - |
| Operating Expenses | 409.2M | 356.2M | 328.3M | 311.8M | 236M | 119.5M | 139.74M | 144.62M | 129.76M | 115.63M | 114.94M | 81.71M | 76.15M | 74.83M | 62.93M | 53.58M | 49.9M | 63.25M | 50.73M | 48.19M | 44.37M | 36.27M | 29.77M |
| OpEx % of Revenue | 21.87% | 21.77% | 21.04% | 21.22% | 25.03% | 19.62% | 19.21% | 20.59% | 19.23% | 18.79% | 19.24% | 18.35% | 18.18% | 18.57% | 15.83% | 15.96% | 18.16% | 17.78% | 15.34% | 15.75% | 16.16% | 14.93% | 15.89% |
| Selling, General & Admin | 316.1M | 279.3M | 253.5M | 229.7M | 167.6M | 102.8M | 129.98M | 117.5M | 113.12M | 102.92M | 98.72M | 75.91M | 71.97M | 65.75M | 61.3M | 52.71M | 48.57M | 55.78M | 48.9M | 42.26M | 41.95M | 32.75M | 28.11M |
| SG&A % of Revenue | 16.9% | 17.07% | 16.25% | 15.63% | 17.77% | 16.88% | 17.87% | 16.73% | 16.76% | 16.72% | 16.52% | 17.05% | 17.18% | 16.31% | 15.42% | 15.7% | 17.68% | 15.68% | 14.79% | 13.81% | 15.28% | 13.48% | 15% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 93.1M | 76.9M | 74.8M | 82.1M | 68.4M | 16.7M | 9.75M | 27.11M | 16.64M | 12.7M | 16.22M | 5.8M | 4.18M | 9.08M | 1.63M | 875K | 1.33M | 7.47M | 1.82M | 5.93M | 2.42M | 3.53M | 1.66M |
| Operating Income | 421M | 369.9M | 342.2M | 293M | 121.1M | 114.6M | 149.37M | 132.03M | 128.77M | 114.59M | 103.84M | 88.43M | 88.65M | 78.1M | 77.65M | 56.19M | 34.67M | 54.97M | 62.85M | 51.92M | 38.58M | 32.14M | 22.13M |
| Operating Margin % | 22.5% | 22.61% | 21.93% | 19.94% | 12.84% | 18.82% | 20.53% | 18.79% | 19.08% | 18.62% | 17.38% | 19.86% | 21.16% | 19.38% | 19.53% | 16.74% | 12.62% | 15.45% | 19.01% | 16.96% | 14.05% | 13.23% | 11.81% |
| Operating Income Growth % | 13.81% | 8.09% | 16.79% | 141.95% | 5.67% | -23.28% | 13.13% | 2.53% | 12.38% | 10.35% | 17.43% | -0.25% | 13.51% | 0.58% | 38.18% | 62.08% | -36.93% | -12.54% | 21.05% | 34.58% | 20.04% | 45.23% | - |
| EBITDA | 421M | 489.9M | 461.5M | 408.4M | 186.6M | 147.3M | 180.79M | 161.69M | 157.13M | 141.96M | 129.65M | 103.47M | 103.64M | 92.82M | 91.84M | 69.16M | 46.5M | 67.13M | 73.31M | 61.92M | 49.1M | 42.46M | 31.31M |
| EBITDA Margin % | 22.5% | 29.94% | 29.58% | 27.8% | 19.79% | 24.19% | 24.85% | 23.02% | 23.28% | 23.07% | 21.7% | 23.24% | 24.74% | 23.03% | 23.1% | 20.61% | 16.93% | 18.87% | 22.18% | 20.23% | 17.89% | 17.47% | 16.71% |
| EBITDA Growth % | -14.06% | 6.15% | 13% | 118.86% | 26.68% | -18.52% | 11.81% | 2.9% | 10.69% | 9.49% | 25.29% | -0.16% | 11.65% | 1.07% | 32.78% | 48.74% | -30.73% | -8.44% | 18.41% | 26.1% | 15.66% | 35.6% | - |
| D&A (Non-Cash Add-back) | 0 | 120M | 119.3M | 115.4M | 65.5M | 32.7M | 31.42M | 29.66M | 28.36M | 27.37M | 25.81M | 15.04M | 14.99M | 14.72M | 14.19M | 12.97M | 11.83M | 12.16M | 10.46M | 10M | 10.53M | 10.32M | 9.18M |
| EBIT | 421M | 371.7M | 340.5M | 286.4M | 120.2M | 114.1M | 148.11M | 131.26M | 127.36M | 113.59M | 103.51M | 85.61M | 88.77M | 81.06M | 77.02M | 54.67M | 34.82M | 54.97M | 62.85M | 55.49M | 42.35M | 39.09M | 22.13M |
| Net Interest Income | -49.8M | -59.8M | -78.7M | -76.7M | -41.5M | -1.43M | -1.89M | -5.17M | -7.51M | -8.71M | -8.72M | -1.05M | -1.02M | -868K | -1.04M | -1.79M | -1.81M | -2.6M | -3.41M | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 49.8M | 59.8M | 78.7M | 76.7M | 41.5M | 1.43M | 1.89M | 5.17M | 7.51M | 8.71M | 8.72M | 1.05M | 1.02M | 868K | 1.04M | 1.79M | 1.66M | 3.57M | 2.97M | 7.85M | 15.78M | 33.21M | 20.4M |
| Other Income/Expense | -51.7M | -58M | -80.4M | -83.3M | -42.4M | -1.4M | -2.65M | -5.95M | -8.92M | -9.7M | -9.06M | -3.88M | -897K | 2.09M | -1.67M | -3.32M | -1.66M | -3.57M | -2.97M | -7.85M | -19.51M | -26.26M | -20.4M |
| Pretax Income | 369.3M | 311.9M | 261.8M | 209.7M | 78.7M | 113.2M | 146.72M | 126.09M | 119.85M | 104.88M | 94.78M | 84.56M | 87.75M | 80.19M | 75.98M | 52.88M | 33.01M | 51.4M | 59.88M | 44.07M | 19.07M | 5.88M | 1.73M |
| Pretax Margin % | 19.74% | 19.06% | 16.78% | 14.27% | 8.35% | 18.59% | 20.17% | 17.95% | 17.76% | 17.04% | 15.86% | 18.99% | 20.95% | 19.9% | 19.11% | 15.75% | 12.02% | 14.45% | 18.11% | 14.4% | 6.95% | 2.42% | 0.93% |
| Income Tax | 81.7M | 65.7M | 51.9M | 43M | 24M | 23.1M | 26.37M | 20.9M | 32.71M | 34.26M | 30.89M | 26.31M | 27.55M | 23.85M | 25.98M | 18.01M | 8.63M | 16.95M | 19.68M | 15.59M | 6.63M | -1.39M | 1.07M |
| Effective Tax Rate % | 22.12% | 21.06% | 19.82% | 20.51% | 30.5% | 20.41% | 17.97% | 16.57% | 27.29% | 32.67% | 32.59% | 31.11% | 31.39% | 29.74% | 34.2% | 34.06% | 26.13% | 32.97% | 32.87% | 35.37% | 34.78% | -23.57% | 61.74% |
| Net Income | 287.6M | 246.2M | 209.9M | 166.7M | 54.7M | 90.1M | 120.35M | 105.19M | 87.14M | 70.62M | 63.89M | 58.25M | 60.21M | 56.34M | 50M | 34.87M | 24.39M | 34.45M | 40.19M | 28.48M | 12.44M | 7.26M | 663K |
| Net Margin % | 15.37% | 15.05% | 13.45% | 11.35% | 5.8% | 14.79% | 16.54% | 14.97% | 12.91% | 11.48% | 10.69% | 13.08% | 14.37% | 13.98% | 12.58% | 10.39% | 8.88% | 9.68% | 12.16% | 9.3% | 4.53% | 2.99% | 0.35% |
| Net Income Growth % | 16.82% | 17.29% | 25.91% | 204.75% | -39.29% | -25.14% | 14.41% | 20.72% | 23.39% | 10.53% | 9.69% | -3.26% | 6.86% | 12.69% | 43.39% | 42.99% | -29.22% | -14.28% | 41.14% | 128.95% | 71.34% | 995.02% | - |
| Net Income (Continuing) | 287.6M | 246.2M | 209.9M | 166.7M | 54.7M | 90.1M | 120.35M | 105.19M | 87.14M | 70.62M | 63.89M | 58.25M | 60.21M | 56.34M | 50M | 34.87M | 24.39M | 34.45M | 40.19M | 28.48M | 12.44M | 7.26M | 663K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 9.09 | 7.70 | 6.40 | 4.95 | 1.56 | 3.58 | 5.06 | 4.26 | 3.58 | 2.97 | 2.72 | 2.49 | 2.59 | 2.47 | 2.23 | 1.58 | 1.12 | 1.58 | 1.84 | 1.33 | 0.76 | 0.35 | -0.24 |
| EPS Growth % | 18.05% | 20.31% | 29.29% | 217.31% | -56.42% | -29.25% | 18.78% | 18.99% | 20.54% | 9.19% | 9.24% | -3.86% | 4.86% | 10.76% | 41.14% | 41.07% | -29.11% | -14.13% | 38.35% | 75% | 117.14% | 245.83% | - |
| EPS (Basic) | 9.14 | 7.76 | 6.46 | 5.00 | 1.58 | 3.63 | 5.12 | 4.32 | 3.64 | 3.00 | 2.75 | 2.52 | 2.63 | 2.52 | 2.28 | 1.61 | 1.13 | 1.60 | 1.87 | 1.38 | 0.84 | 0.62 | -0.24 |
| Diluted Shares Outstanding | 31.63M | 30.35M | 29.19M | 29.07M | 27.31M | 25.05M | 24.92M | 24.72M | 24.36M | 23.78M | 23.51M | 23.39M | 23.24M | 22.81M | 22.39M | 22.08M | 21.75M | 21.74M | 21.8M | 21.34M | 14.45M | 10.85M | 6.19M |
| Basic Shares Outstanding | 31.48M | 30.14M | 28.92M | 28.76M | 26.95M | 24.85M | 24.63M | 24.36M | 23.95M | 23.52M | 23.21M | 23.07M | 22.87M | 22.4M | 21.88M | 21.68M | 21.59M | 21.57M | 21.46M | 20.58M | 12.93M | 6.2M | 6.19M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | 79% | - | - | - | - | - | - | - | - | - | - | - |
Aerospace OEM production volatility
According to the latest quarterly income statement, RBC achieved a notable 18.3% year-over-year revenue growth in 2026Q4, marking a significant acceleration from the mid-single-digit growth rates observed in early 2025, suggesting that the company is successfully capturing increased demand across its aerospace and industrial segments.
The recent revenue expansion appears to be driven by a combination of robust aerospace build rates and the successful integration of the Dodge mechanical power transmission business. This trajectory suggests that the company's specialized product offerings are gaining traction, potentially benefiting from a recovery in commercial aerospace production cycles.
As reported in financial statements, RBC maintained a robust 48.5% gross margin in 2026Q4, which significantly outperforms the 28.7% margin reported by peer The Timken Company, indicating that RBC's proprietary, spec-in component strategy provides a structural pricing advantage that remains resilient despite broader industrial cost pressures.
The ability to sustain gross margins near the 44-48% range suggests that the company possesses substantial pricing power, likely derived from the high switching costs inherent in its aerospace and defense product lines. Investors should monitor whether this margin profile can be maintained as the industrial segment grows.
Based on RBC's reported figures, operating income reached $116.6 million in 2026Q4, demonstrating efficient overhead absorption as operating margins remained stable at 22.5% despite the rapid top-line expansion, which implies that the company is successfully scaling its fixed-cost base without incurring proportional increases in administrative expenses.
The consistency in operating margins during a period of double-digit revenue growth suggests disciplined expense management and effective synergy realization from recent acquisitions. This operational leverage indicates that the company is well-positioned to convert incremental revenue gains into meaningful bottom-line growth.
As disclosed in the income statement data, stock-based compensation reached $11.2 million in 2026Q4, representing a notable increase from the $4.1 million reported in 2024Q4, which warrants further investigation into the potential dilution effects and the impact of these non-cash expenses on reported net income quality.
While net income growth remains strong, the rising trend in stock-based compensation suggests that investors should focus on adjusted earnings metrics to better understand the underlying cash-generating capability of the business. This trend may indicate an evolving compensation structure that could influence future earnings per share performance.
Based on an analysis of historical quarterly data, the 2026Q3 gross margin dip to 39.7% serves as a reminder of potential volatility, suggesting that the company's reliance on specialized manufacturing may be susceptible to periodic cost spikes or shifts in product mix that could temporarily compress profitability.
Short-sellers might focus on the potential for margin volatility if the industrial segment's lower-margin products become a larger portion of the total revenue mix. The sensitivity to raw material costs and labor inflation remains a critical risk factor that could challenge the current premium valuation.
Quick answers to the most common questions about buying RBC stock.
For fiscal year 2026, RBC Bearings Incorporated (RBC) reported total revenue of $1.87B. This represents a 898.7% increase compared to $187.3M in 2004.
RBC Bearings Incorporated (RBC) is profitable, generating $287.6M in net income for the fiscal year ending 2026 with a net profit margin of 15.4%.
RBC Bearings Incorporated (RBC) reported an operating income of $421.0M, resulting in an operating profit margin of 22.5%. This margin reflects the operational efficiency of the business before interest and taxes.
RBC Bearings Incorporated (RBC) generated $830.2M in gross profit for the year, representing a gross profit margin of 44.4%. This demonstrates the company's core pricing power and production efficiency.