BRP’s revenues increased 14% in its third quarter fiscal year compared to the prior year.
The organisation had revenues of CA$2,250.3 million and a net income of $76.5 million, up 150% compared to last year.
“Third-quarter results came in ahead of expectations with significant revenue, profitability and free cash flow increases,” said José Boisjoli, president and CEO of BRP.
“This strong performance was fuelled by the successful introduction of new industry leading products which drove market share gains in the SSV and ATV categories in North America.”
He added: “Given our product lineups, leaner inventory position and solid dealer network, we are the best-positioned OEM for an industry rebound.
“We have set objectives of achieving $9.5 billion in revenues and $8 in normalised EPS by the end of fiscal 2028 as part of our M28 strategic plan.
“Looking ahead, our proven ability to consistently innovate and create market-shaping products provides a solid foundation to drive long-term profitable growth.”
Production efficiences
Gross profit increased by $106.1 million (24.4%), to $541.2 million for the three-month period, compared to $435.1 million for the three-month period ended October 31, 2024.
BRP says the increase was driven by favourable impacts of volume, product mix, pricing net of sales programmes and production efficiencies, which were partially offset by the impacts of global tariffs mainly on PA&A, and by higher incentive compensation costs.
Revenues from Seasonal Products decreased by $9.7 million, (1.6%), to $606.2 million for the three-month period ended October 31 2025, compared to $615.9 million for the same period in 2024.
The decrease was partially offset by a higher volume of units sold in PWC and Sea-Doo pontoons, as well as favourable product mix and pricing across all product lines.
Discontinued operations
Revenues from Year-Round Products increased by $229.2 million, (22.1%), to $1,265.6 million for the period, compared to $1,036.4 million for the same quarter in 2024.
Revenues from PA&A and OEM Engines increased by $57.3 million, (17.8%), to $378.5 million, compared to $321.2 million prior year.
Net loss from discontinued operations decreased by $16.1 million, or (67.6%), to $(7.7) million for the three-month period, compared to $(23.8) million in 2024.
The decrease in net loss was primarily due to the closing of the sales of Alumacraft’s and Manitou’s assets.
