RBC Bearings (RBC) financial statements
RBC Bearings reported revenue of $1.9B in fiscal 2026, up 11.5% a year over 9 years.
Net income was $288M and the operating margin 22.5%, against 18.8% in 2019.
Free cash flow was $343M.
The diluted share count rose 28% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RBC Bearings's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $703M | $727M | $609M | $609M | $943M | $943M | $1.5B | $1.6B | $1.6B | $1.9B |
| Cost of revenue | $426M | $438M | $375M | — | $586M | — | $864M | $890M | $910M | $1.0B |
| Gross profit | $277M | $289M | $234M | $234M | $357M | $357M | $605M | $670M | $726M | $830M |
| Research and development | — | — | — | — | $28M | — | $32M | $33M | $33M | $34M |
| Selling, general and admin | $118M | $130M | $106M | — | $168M | — | $230M | $254M | $279M | $316M |
| Operating income | $132M | $149M | $111M | — | $121M | — | $293M | $342M | $370M | $421M |
| Interest expense | $5M | $2M | $1M | — | $42M | — | $77M | $79M | $60M | $50M |
| Pre-tax income | $126M | $147M | $110M | $113M | $79M | $79M | $210M | $262M | $312M | $369M |
| Income tax | $21M | $26M | $20M | $23M | $24M | $24M | $43M | $52M | $66M | $82M |
| Net income | $105M | $120M | $90M | — | $55M | — | $167M | $210M | $246M | $288M |
| EPS (diluted) | $4.26 | $4.81 | $3.58 | — | $1.56 | — | $4.94 | $6.41 | $7.70 | $9.09 |
| Diluted shares | 25M | 25M | 25M | — | 27M | — | 29M | 29M | 30M | 32M |
| Gross margin | 39.4% | 39.7% | 38.4% | 38.4% | 37.9% | 37.9% | 41.2% | 43.0% | 44.4% | 44.4% |
| Operating margin | 18.8% | 20.5% | 18.3% | — | 12.8% | — | 19.9% | 21.9% | 22.6% | 22.5% |
| Net margin | 15.0% | 16.5% | 14.7% | — | 5.8% | — | 11.3% | 13.5% | 15.0% | 15.4% |
Balance sheet
Fiscal years, from RBC Bearings's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $30M | $103M | $241M | — | $183M | — | $65M | $64M | $37M | $57M |
| Receivables | $131M | $129M | $110M | — | $248M | — | $240M | $255M | $308M | $341M |
| Inventory | $335M | $367M | $364M | — | $516M | — | $587M | $623M | $654M | $763M |
| Total current assets | $503M | $612M | $728M | — | $962M | — | $913M | $966M | $1.0B | $1.2B |
| Property, plant and equipment | $208M | $220M | $208M | — | $387M | — | $375M | $361M | $359M | $419M |
| Goodwill | $261M | $278M | $278M | — | $1.9B | — | $1.9B | $1.9B | $1.9B | $2.0B |
| Total assets | $1.1B | $1.3B | $1.4B | $1.4B | $4.8B | $4.8B | $4.7B | $4.7B | $4.7B | $5.1B |
| Total current liabilities | $90M | $104M | $88M | — | $314M | — | $309M | $294M | $315M | $546M |
| Long-term debt | $43M | $17M | $13M | — | $1.7B | — | $1.4B | $1.2B | $918M | $702M |
| Total liabilities | $179M | $204M | $202M | — | $2.5B | — | $2.2B | $1.9B | $1.7B | $1.8B |
| Shareholders' equity | $972M | $1.1B | $1.2B | — | $2.4B | — | $2.5B | $2.8B | $3.0B | $3.4B |
| Net debt | $14M | -$80M | -$135M | — | $1.5B | — | $1.3B | $1.1B | $883M | $818M |
Cash flow
Fiscal years, from RBC Bearings's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $109M | $156M | $152M | — | $180M | — | $221M | $275M | $294M | $416M |
| Capital spending | $41M | $37M | $12M | $12M | $30M | $30M | $42M | $33M | $50M | $73M |
| Free cash flow | $67M | $118M | $141M | — | $151M | — | $179M | $242M | $244M | $343M |
| Stock-based compensation | $16M | $28M | $21M | $3M | $33M | $3M | $14M | $17M | $28M | $34M |
| Share buybacks (net) | -$5M | -$12M | -$7M | — | -$9M | — | -$8M | -$11M | -$10M | — |
| Net borrowing | -$169M | $15M | -$4M | — | $1.2B | — | -$300M | -$225M | -$262M | -$240M |
| Free cash flow margin | 9.6% | 16.3% | 23.1% | — | 16.0% | — | 12.2% | 15.5% | 14.9% | 18.3% |
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Open RBC in InvestinglyQuestions
What was RBC Bearings's revenue in 2026?
$1.9B in fiscal 2026, from its 10-K filing.
How much free cash flow does RBC Bearings generate?
$343M in fiscal 2026 (operating cash flow minus capital spending).
From RBC Bearings's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.