Revenue held near $1.5B to $1.6B while operating margin fell to 5.1% in 2026Q3 from 13.8% a quarter earlier, indicating overhead growth is absorbing gross profit gains and warranting continued monitoring.
Regal Rexnord Corporation (RRX) annual income statement — 30-year revenue, gross profit & net income history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Mar'06 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Sales/Revenue | 6.15B | 5.93B | 6.03B | 6.25B | 5.22B | 3.81B | 2.91B | 3.24B | 3.65B | 3.36B | 3.22B | 3.51B | 3.26B | 3.1B | 3.17B | 2.81B | 2.24B | 1.83B | 2.25B | 1.8B | 1.62B | 1.43B | 756.56M | 619.1M | 605.29M | 663.57M | 598.2M | 544.6M | 543.5M | 487M | 281.5M |
| Revenue Growth % | 4.71% | -1.65% | -3.47% | 19.8% | 36.95% | 31.06% | -10.21% | -11.18% | 8.51% | 4.19% | -8.13% | 7.75% | 5.18% | -2.27% | 12.83% | 25.49% | 22.54% | -18.7% | 24.62% | 11.3% | 13.36% | 88.84% | 22.2% | 2.28% | -8.78% | 10.93% | 9.84% | 0.2% | 11.6% | 73% | -4.87% |
| Cost of Goods Sold | 3.83B | 3.72B | 3.84B | 4.15B | 3.52B | 2.74B | 2.08B | 2.36B | 2.69B | 2.45B | 2.31B | 2.52B | 2.45B | 2.31B | 2.38B | 2.14B | 1.69B | 1.4B | 1.75B | 1.39B | 1.23B | 1.12B | 589.5M | 472.34M | 462.15M | 497.69M | 415.23M | 370.1M | 363.7M | 327.1M | 188M |
| COGS % of Revenue | - | 62.63% | 63.61% | 66.32% | 67.43% | 71.82% | 71.5% | 72.99% | 73.66% | 73.05% | 71.69% | 71.74% | 75.1% | 74.54% | 75.21% | 76.28% | 75.45% | 76.77% | 77.71% | 77.07% | 75.96% | 78.25% | 77.92% | 76.3% | 76.35% | 75% | 69.41% | 67.96% | 66.92% | 67.17% | 66.79% |
| Gross Profit | 2.32B | 2.22B | 2.2B | 2.11B | 1.7B | 1.07B | 828.4M | 874.4M | 960.2M | 905.2M | 912.8M | 991.8M | 811M | 788.3M | 785.6M | 666.09M | 549.35M | 424.22M | 500.68M | 413.35M | 389.37M | 310.76M | 167.06M | 146.75M | 143.14M | 165.88M | 182.98M | 174.5M | 179.8M | 159.9M | 93.5M |
| Gross Margin % | 37.78% | 37.37% | 36.39% | 33.68% | 32.57% | 28.18% | 28.5% | 27.01% | 26.34% | 26.95% | 28.31% | 28.26% | 24.9% | 25.46% | 24.79% | 23.72% | 24.55% | 23.23% | 22.29% | 22.93% | 24.04% | 21.75% | 22.08% | 23.7% | 23.65% | 25% | 30.59% | 32.04% | 33.08% | 32.83% | 33.21% |
| Gross Profit Growth % | - | 1.02% | 4.29% | 23.87% | 58.27% | 29.62% | -5.26% | -8.94% | 6.08% | -0.83% | -7.97% | 22.29% | 2.88% | 0.34% | 17.94% | 21.25% | 29.5% | -15.27% | 21.13% | 6.16% | 25.29% | 86.02% | 13.84% | 2.52% | -13.71% | -9.35% | 4.86% | -2.95% | 12.45% | 71.02% | -3.31% |
| Operating Expenses | 1.7B | 1.53B | 1.51B | 1.5B | 980.7M | 722.3M | 487.6M | 534.7M | 592.7M | 564.3M | 548.9M | 581.4M | 508.3M | 489.5M | 456.8M | 410.28M | 311.62M | 264.7M | 270.25M | 207.29M | 195.35M | 176.19M | 111.9M | 99.53M | 96.36M | 109.82M | 111.37M | 102.1M | 98.7M | 85.5M | 42.4M |
| OpEx % of Revenue | - | 25.82% | 25.04% | 24.05% | 18.8% | 18.96% | 16.77% | 16.51% | 16.26% | 16.8% | 17.02% | 16.57% | 15.61% | 15.81% | 14.42% | 14.61% | 13.92% | 14.49% | 12.03% | 11.5% | 12.06% | 12.33% | 14.79% | 16.08% | 15.92% | 16.55% | 18.62% | 18.75% | 18.16% | 17.56% | 15.06% |
| Selling, General & Admin | 389.5M | 0 | 1.33B | 1.33B | 874.1M | 647.8M | 452.9M | 512.2M | 563.4M | 534.4M | 519.4M | 551.3M | 475.4M | 461.2M | 428.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 99.53M | 96.36M | 109.82M | 85.82M | 79M | 76.7M | 66.6M | 31.8M |
| SG&A % of Revenue | - | - | 22.12% | 21.32% | 16.75% | 17% | 15.58% | 15.82% | 15.46% | 15.91% | 16.11% | 15.71% | 14.6% | 14.89% | 13.52% | - | - | - | - | - | - | - | - | 16.08% | 15.92% | 16.55% | 14.35% | 14.51% | 14.11% | 13.68% | 11.3% |
| Research & Development | 0 | 0 | 176.4M | 171M | 106.6M | 74.5M | 34.7M | 22.5M | 29.3M | 29.9M | 29.5M | 30.1M | 32.9M | 28.3M | 28.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | 2.92% | 2.74% | 2.04% | 1.96% | 1.19% | 0.69% | 0.8% | 0.89% | 0.91% | 0.86% | 1.01% | 0.91% | 0.9% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 4M | 1.53B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 410.28M | 311.62M | 264.7M | 270.25M | 207.29M | 195.35M | 176.19M | 111.9M | 0 | 0 | 0 | 25.55M | 23.1M | 22M | 18.9M | 10.6M |
| Operating Income | 618.3M | 685.3M | 684.5M | 601.7M | 718.8M | 351.5M | 340.8M | 339.7M | 367.5M | 340.9M | 363.9M | 410.4M | 302.7M | 298.8M | 328.8M | 255.81M | 237.74M | 159.52M | 230.43M | 206.06M | 194.02M | 134.57M | 55.16M | 47.23M | 46.78M | 56.06M | 71.61M | 72.4M | 81.1M | 74.4M | 51.1M |
| Operating Margin % | 10.06% | 11.55% | 11.34% | 9.63% | 13.78% | 9.23% | 11.72% | 10.49% | 10.08% | 10.15% | 11.29% | 11.69% | 9.29% | 9.65% | 10.38% | 9.11% | 10.62% | 8.73% | 10.26% | 11.43% | 11.98% | 9.42% | 7.29% | 7.63% | 7.73% | 8.45% | 11.97% | 13.29% | 14.92% | 15.28% | 18.15% |
| Operating Income Growth % | - | 0.12% | 13.76% | -16.29% | 104.5% | 3.14% | 0.32% | -7.56% | 7.8% | -6.32% | -11.33% | 35.58% | 1.31% | -9.12% | 28.53% | 7.6% | 49.03% | -30.77% | 11.83% | 6.21% | 44.17% | 143.96% | 16.8% | 0.95% | -16.55% | -21.71% | -1.09% | -10.73% | 9.01% | 45.6% | -4.66% |
| EBITDA | 1.11B | 1.18B | 1.2B | 1.09B | 1.03B | 522.1M | 472.2M | 474.2M | 509.9M | 478.1M | 519.3M | 569.8M | 441.4M | 427.3M | 454.8M | 354.05M | 310.65M | 228.66M | 292.03M | 252.68M | 231.7M | 172.2M | 76.78M | 69.3M | 69.95M | 87.86M | 97.16M | 95.5M | 103.1M | 93.3M | 61.7M |
| EBITDA Margin % | 18.1% | 19.97% | 19.83% | 17.51% | 19.67% | 13.7% | 16.24% | 14.65% | 13.99% | 14.23% | 16.11% | 16.24% | 13.55% | 13.8% | 14.35% | 12.61% | 13.88% | 12.52% | 13% | 14.02% | 14.31% | 12.05% | 10.15% | 11.19% | 11.56% | 13.24% | 16.24% | 17.54% | 18.97% | 19.16% | 21.92% |
| EBITDA Growth % | -5.96% | -0.95% | 9.3% | 6.66% | 96.55% | 10.57% | -0.42% | -7% | 6.65% | -7.93% | -8.86% | 29.09% | 3.3% | -6.05% | 28.46% | 13.97% | 35.86% | -21.7% | 15.57% | 9.05% | 34.55% | 124.29% | 10.79% | -0.94% | -20.38% | -9.57% | 1.74% | -7.37% | 10.5% | 51.22% | -3.29% |
| D&A (Non-Cash Add-back) | 494.8M | 499.6M | 511.8M | 492.8M | 307.4M | 170.6M | 131.4M | 134.5M | 142.4M | 137.2M | 155.4M | 159.4M | 138.7M | 128.5M | 126M | 98.24M | 72.92M | 69.14M | 61.6M | 46.62M | 37.68M | 37.63M | 21.61M | 22.07M | 23.17M | 31.8M | 25.55M | 23.1M | 22M | 18.9M | 10.6M |
| EBIT | 627.2M | 701.7M | 653.3M | 435.3M | 702.3M | 370.5M | 291.3M | 359.2M | 349M | 330.5M | 320.3M | 251.9M | 119.1M | 200.1M | 302M | 257.45M | 240.31M | 161.24M | 231.91M | 206.99M | 194.73M | 135.01M | 55.34M | 47.23M | 46.78M | 56.06M | 71.61M | 72.44M | 81.14M | 74.4M | 51.1M |
| Net Interest Income | -289.1M | -325.5M | -386.5M | -393.3M | -83.3M | -52.6M | -34.8M | -49.8M | -54.9M | -50.1M | -49.4M | -50.7M | -20.9M | -24.7M | -30.5M | -29.38M | -17.01M | -21.57M | -26.23M | -21.12M | -19.18M | -21.65M | -6.6M | -7.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 26.4M | 23.7M | 18.8M | 43.6M | 5.2M | 7.4M | 5.9M | 5.6M | 1.9M | 3.2M | 4.5M | 4.3M | 7.9M | 4.9M | 1.6M | 1.74M | 2.57M | 1.72M | 1.48M | 0 | 0 | 0 | 183K | 79K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 315.5M | 349.2M | 405.3M | 436.9M | 88.5M | 60M | 40.7M | 55.4M | 56.8M | 53.3M | 53.9M | 55M | 28.8M | 29.6M | 32.1M | 31.12M | 19.58M | 23.28M | 27.71M | 22.06M | 19.89M | 22.09M | 6.79M | 7.23M | 9.25M | 22.02M | 15.06M | 9.1M | 11.1M | 10M | 0 |
| Other Income/Expense | -301M | -332.8M | -436.5M | -603.3M | -105M | -41M | -90.2M | -35.9M | -75.3M | -63.7M | -97.5M | -213.5M | -212.4M | -128.3M | -58.9M | -29.48M | -17.01M | -21.57M | -26.23M | -21.12M | -19.18M | -21.65M | -6.6M | -6.38M | -9.25M | -22.02M | -15.06M | -9.19M | -11.21M | -10M | 700K |
| Pretax Income | 317.3M | 352.5M | 248M | -1.6M | 613.8M | 310.5M | 250.6M | 303.8M | 292.2M | 277.2M | 266.4M | 196.9M | 90.3M | 170.5M | 269.9M | 226.34M | 220.73M | 137.96M | 204.2M | 184.94M | 174.84M | 112.92M | 48.56M | 40.84M | 37.53M | 34.04M | 56.55M | 63.3M | 70M | 64.4M | 51.8M |
| Pretax Margin % | 5.16% | 5.94% | 4.11% | -0.03% | 11.76% | 8.15% | 8.62% | 9.38% | 8.02% | 8.25% | 8.26% | 5.61% | 2.77% | 5.51% | 8.52% | 8.06% | 9.86% | 7.55% | 9.09% | 10.26% | 10.8% | 7.9% | 6.42% | 6.6% | 6.2% | 5.13% | 9.45% | 11.62% | 12.88% | 13.22% | 18.4% |
| Income Tax | 84.7M | 71.7M | 49.6M | 52.7M | 118.9M | 74.7M | 56.8M | 61.2M | 56.4M | 59.1M | 57.1M | 48.4M | 54.2M | 44.5M | 69.6M | 68.32M | 66.05M | 39.28M | 72.22M | 63.68M | 62.05M | 39.83M | 15.73M | 14.79M | 13.01M | 14.45M | 22.78M | 25.2M | 27M | 25.5M | 19.5M |
| Effective Tax Rate % | 26.69% | 20.34% | 20% | -3293.75% | 19.37% | 24.06% | 22.67% | 20.14% | 19.3% | 21.32% | 21.43% | 24.58% | 60.02% | 26.1% | 25.79% | 30.18% | 29.92% | 28.47% | 35.37% | 34.43% | 35.49% | 35.27% | 32.39% | 36.22% | 34.67% | 42.45% | 40.28% | 39.81% | 38.57% | 39.6% | 37.64% |
| Net Income | 231.9M | 279.5M | 196.2M | -57.4M | 488.9M | 229.6M | 189.3M | 238.9M | 231.2M | 213M | 203.4M | 143.3M | 31M | 120M | 195.6M | 152.29M | 149.38M | 95.05M | 128.59M | 118.35M | 109.81M | 69.56M | 30.43M | 25.21M | 24.52M | 19.59M | 33.77M | 38.1M | 43M | 38.9M | 32.3M |
| Net Margin % | 3.77% | 4.71% | 3.25% | -0.92% | 9.37% | 6.03% | 6.51% | 7.38% | 6.34% | 6.34% | 6.31% | 4.08% | 0.95% | 3.88% | 6.17% | 5.42% | 6.67% | 5.2% | 5.72% | 6.57% | 6.78% | 4.87% | 4.02% | 4.07% | 4.05% | 2.95% | 5.65% | 7% | 7.91% | 7.99% | 11.47% |
| Net Income Growth % | -9.87% | 42.46% | 441.81% | -111.74% | 112.94% | 21.29% | -20.76% | 3.33% | 8.54% | 4.72% | 41.94% | 362.26% | -74.17% | -38.65% | 28.44% | 1.95% | 57.16% | -26.08% | 8.65% | 7.78% | 57.86% | 128.54% | 20.75% | 2.81% | 25.16% | -41.99% | -11.36% | -11.4% | 10.54% | 20.43% | -1.52% |
| Net Income (Continuing) | 232.6M | 280.8M | 198.4M | -54.3M | 494.9M | 235.8M | 193.8M | 242.6M | 235.8M | 218.1M | 209.3M | 148.5M | 36.1M | 126M | 200.3M | 158.02M | 154.68M | 98.68M | 131.98M | 121.25M | 112.79M | 73.09M | 32.83M | 25.21M | 24.52M | 19.59M | 33.77M | 38.07M | 42.96M | 38.9M | 32.3M |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 8.4M | 9.2M | 7.4M | 20.8M | 34.4M | 38.2M | 32.6M | 29.3M | 28M | 29.2M | 39.4M | 45.5M | 44.9M | 46.2M | 43.1M | 40.47M | 35.2M | 12.24M | 11.65M | 10.54M | 9.63M | 11.05M | 5.29M | 4.89M | 2.05M | 2M | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.48 | 4.22 | 2.94 | -0.87 | 7.29 | 4.81 | 4.64 | 5.66 | 5.27 | 4.74 | 4.52 | 3.18 | 0.69 | 2.64 | 4.64 | 3.79 | 3.84 | 2.63 | 3.78 | 3.49 | 3.28 | 2.25 | 1.22 | 1.00 | 1.01 | 0.93 | 1.61 | 1.80 | 2.02 | 1.83 | 1.57 |
| EPS Growth % | -10.34% | 43.54% | 437.93% | -111.93% | 51.56% | 3.66% | -18.02% | 7.4% | 11.18% | 4.87% | 42.14% | 360.87% | -73.86% | -43.1% | 22.43% | -1.3% | 46.01% | -30.42% | 8.31% | 6.4% | 45.78% | 84.43% | 22% | -0.99% | 8.6% | -42.24% | -10.56% | -10.89% | 10.38% | 16.56% | -1.88% |
| EPS (Basic) | - | 4.22 | 2.95 | -0.87 | 7.33 | 4.85 | 4.66 | 5.69 | 5.30 | 4.78 | 4.55 | 3.21 | 0.69 | 2.66 | 4.68 | 3.84 | 3.91 | 2.76 | 4.00 | 3.79 | 3.56 | 2.34 | 1.24 | 1.01 | 1.01 | 0.94 | 1.61 | 1.82 | 2.06 | 1.87 | 1.57 |
| Diluted Shares Outstanding | 66.6M | 66.6M | 66.7M | 66.3M | 67.1M | 47.7M | 40.8M | 42.2M | 43.9M | 44.9M | 45M | 45.1M | 45.3M | 45.4M | 42.1M | 40.1M | 38.9M | 36.13M | 33.25M | 33.92M | 33.5M | 30.88M | 24.9M | 25.25M | 24.31M | 21.12M | 21M | 21.17M | 21.28M | 21.26M | 21.1M |
| Basic Shares Outstanding | 66.6M | 66.3M | 66.4M | 66.3M | 66.7M | 47.3M | 40.6M | 42M | 43.6M | 44.6M | 44.7M | 44.7M | 45M | 45M | 41.8M | 39.7M | 38.2M | 34.5M | 31.34M | 31.25M | 30.85M | 29.68M | 24.6M | 25.03M | 24.19M | 20.87M | 20.98M | 20.96M | 20.89M | 20.8M | 20.62M |
| Dividend Payout Ratio | - | 33.27% | 47.4% | - | 18.59% | 146.17% | 25.73% | 20.47% | 20.42% | 20.89% | 20.7% | 28.05% | 121.94% | 29.25% | 15.75% | 18.1% | 16.8% | 22.73% | 15.11% | 15.29% | 15.14% | 21.18% | 39.03% | 47.66% | 44.93% | 51.16% | 29.83% | 26.4% | 23.26% | 25.71% | 29.41% |
Quick answers to the most common questions about buying RRX stock.
For fiscal year 2025, Regal Rexnord Corporation (RRX) reported total revenue of $5.93B. This represents a 2008.2% increase compared to $281.5M in 1996.
Regal Rexnord Corporation (RRX) is profitable, generating $279.5M in net income for the fiscal year ending 2025 with a net profit margin of 4.7%.
Regal Rexnord Corporation (RRX) reported an operating income of $685.3M, resulting in an operating profit margin of 11.5%. This margin reflects the operational efficiency of the business before interest and taxes.
Regal Rexnord Corporation (RRX) generated $2.22B in gross profit for the year, representing a gross profit margin of 37.4%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Thin net margin volatility
Metrics are mathematically derived from official filings.
Revenue Growth Plateauing Near Mid-Single Digits
Based on reported quarterly figures, RRX revenue grew 6.1% year over year in 2026Q3 to roughly $1.6B, after a sharp deceleration from negative growth readings in mid-2024 and early 2025 that suggested cyclical softness in its industrial end markets.
The swing from double-digit year-over-year contraction in 2024 to recent low-to-mid single-digit expansion suggests demand stabilization rather than a durable acceleration. The data alone cannot isolate how much of the recovery reflects volume versus pricing, so investors should monitor whether the latest quarter's 6.1% rate persists once comparisons normalize.
Gross Margin Holding in a Narrow Band
As reported in the income statements, RRX gross margin has oscillated between roughly 35% and 39% over ten quarters, with 2026Q2 peaking at 39.2% before easing to 37.2% in 2026Q3, a range that sits below the 44% to 48% levels of higher-quality peers such as RBC Bearings and Rockwell Automation.
The consistent gap relative to peers may indicate limited pricing power or a product mix weighted toward more commoditized components. The narrow band suggests management has contained input cost swings, but the failure to expand margins during the 2025 to 2026 revenue recovery warrants further investigation into whether pricing actions are offsetting volume-driven inflation.
Operating Margin Compressed by Overhead Growth
Based on EDBL-style reported figures, RRX operating margin fell from 13.8% in 2026Q2 to 5.1% in 2026Q3 as SG&A reached $389.5M, indicating that overhead absorbed a larger share of gross profit than in prior quarters.
Operating income declined by more than half in a single quarter while gross profit remained near $590M, which implies that operating costs rose faster than the revenue base could support. This pattern suggests weakening operating leverage, and the data does not indicate whether the increase reflects one-time charges or a structural cost step-up.
Net Income Swing Outpaces Operating Results
According to recent SEC filings, RRX reported a net loss of $12.5M and EPS of -0.19 in 2026Q3 despite positive operating income of $81.4M, a divergence that points to meaningful non-operating charges or tax effects.
The gap between operating income and net income in the latest quarter is large enough to warrant scrutiny of interest expense, other non-operating items, and effective tax rate. Stock-based compensation of $9.3M is modest relative to earnings, so it does not appear to explain the swing, and the underlying cause remains unclear from the supplied data.
Margin Compression Risk Could Persist
Based on reported figures, RRX net margin turned negative at -0.8% in 2026Q3 after reaching 7.5% in 2026Q2, and the operating margin decline to 5.1% leaves limited cushion against further cost pressure.
A bear case would focus on the fact that gross margin has not structurally expanded and sits well below peers, so any further SG&A growth or input inflation could push operating margin toward single digits and net income into sustained losses. Investors should monitor whether the 2026Q3 cost step-up recurs, since repeated quarters of margin erosion would challenge the recovery narrative.