RBC Bearings Incorporated (RBC) Earnings: Q2 Fiscal 2027 Results

The quarter ended September 26, 2026 and RBC Bearings published the results on October 30, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. RBC Bearings reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• RBC Bearings' fiscal year ends on the Saturday closest to March 31. Fiscal 2027 has 53 weeks against 52 in fiscal 2026; both second quarters had 13 weeks.
• Net sales include about $2.0 million from PSC Couplings, acquired on August 10, 2026 for $24.2 million and reported in the Industrial segment.

Source: RBC Bearings Q2 fiscal 2027 results, October 30, 2026. Also in the Form 10-Q for the quarter ended September 26, 2026. Figures as reported; checked against the release on November 10, 2026.

How RBC Bearings splits revenue in its own release, under its own labels, for Q2 fiscal 2027 against Q2 fiscal 2026. Indented lines are parts of the line above them.

• RBC Bearings's Aerospace and defense segment revenue was $230 million in Q2 fiscal 2027, up 16% from $199 million in Q2 fiscal 2026, 44% of total revenue.
• RBC Bearings's Industrial segment revenue was $294 million in Q2 fiscal 2027, up 15% from $257 million in Q2 fiscal 2026, 56% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q2 fiscal 2027 release, RBC Bearings said:

“The Company expects net sales to be approximately $520.0 million to $525.0 million in the third quarter of fiscal 2027, compared to $461.6 million in the prior year, for a growth rate of 12.7% to 13.7%.”

“Gross margin is expected to be in the range of 45.5% to 45.75% and SG&A as a percentage of net sales is expected to be in the range of 16.25% to 16.5%.”

Source: RBC Bearings Q2 fiscal 2027 release, Oct 30, 2026.

This is the company's own guidance as of Oct 30, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the RBC forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for RBC Bearings's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2027 (this page), reported Oct 30, 2026

RBC Bearings reports net sales in two segments, defined by end market. In Q2 fiscal 2027 Industrial brought in $294.4 million, up 14.8%, and Aerospace & Defense $230.2 million, up 15.8%, for total net sales of $524.6 million. Excluding about $2.0 million from the PSC Couplings acquisition, organic net sales rose $67.3 million or 14.8%, and Industrial grew 14.0% organically. (RBC Bearings Q2 fiscal 2027 release, Oct 30, 2026)

Inside Aerospace & Defense, commercial OEM and aftermarket sales rose 17.4%, which RBC Bearings put down to growth in orders from large OEMs as build rates escalated, plus aftermarket expansion. Defense sales, about 40.8% of segment sales, rose 13.6%, driven by marine and spares. Space sales were about $21.9 million, against about $18.9 million a year earlier. (RBC Bearings Form 10-Q, Q2 fiscal 2027, Oct 30, 2026)

Industrial covers bearings, gearing and precision components for construction, mining, energy, food and beverage, semiconductor equipment, power generation, rail and other machinery. RBC Bearings named semiconductor equipment, grain, aggregate & cement, mining & metals, and food & beverage as the standout end markets in the quarter. Its largest industrial customers include Caterpillar, Komatsu and Halliburton, alongside distributors such as Motion Industries and Applied Industrial. (RBC Bearings Form 10-Q, Q2 fiscal 2027, Oct 30, 2026; RBC Bearings Form 10-K, fiscal 2026, May 15, 2026)

RBC Bearings sells mostly in the United States: $470.4 million of net sales in the quarter by geographic origin, against $54.2 million international. In fiscal 2026 about 1% of net sales were made directly to the U.S. government, and RBC Bearings estimates another 7% were made to it indirectly. Aerospace & Defense was 42% of net sales that year, and its customers include the DOD, Boeing, Airbus, Lockheed Martin and SpaceX. (RBC Bearings Form 10-Q, Q2 fiscal 2027, Oct 30, 2026; RBC Bearings Form 10-K, fiscal 2026, May 15, 2026)

Backlog was $2.4 billion on September 26, 2026, against $2.3 billion on March 28, 2026 and $1.6 billion a year earlier. The 10-Q puts remaining performance obligations on contracts longer than one year at about $1,375.1 million, with about 42% expected to be recognized over the next 12 months. (RBC Bearings Q2 fiscal 2027 release, Oct 30, 2026; RBC Bearings Form 10-Q, Q2 fiscal 2027, Oct 30, 2026)

RBC Bearings' GAAP diluted EPS was $2.96 in Q2 fiscal 2027, against adjusted diluted EPS of $3.74. The largest adjustment is M&A related amortization of $19.8 million; adjusted net income also adds back $8.2 million of stock compensation expense, $1.1 million of restructuring and consolidation, and $0.9 million of amortization of deferred finance fees, less a $5.1 million tax impact. Adjusted net income was $118.7 million against GAAP net income of $93.8 million. (RBC Bearings Q2 fiscal 2027 release, Oct 30, 2026)

Lower interest helped GAAP EPS rise 55.8%. Interest expense, net, fell to $9.3 million from $13.4 million, which RBC Bearings attributed to debt reduction; the Term Loan was fully repaid during the quarter. The effective tax rate was 23.4%, against 28.0% a year earlier, when it included a $2.3 million change to deferred taxes tied to the VACCO acquisition. (RBC Bearings Q2 fiscal 2027 release, Oct 30, 2026)

The share count barely moved: diluted weighted average shares were 31,715,555, against 31,615,328 a year earlier. After the quarter ended, RBC Bearings paid down another $45.0 million on its revolving credit facility, which had $200.0 million outstanding on September 26, 2026. (RBC Bearings Q2 fiscal 2027 release, Oct 30, 2026; RBC Bearings Form 10-Q, Q2 fiscal 2027, Oct 30, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

RBC Bearings gives a one-quarter outlook in its release. For Q3 fiscal 2027 it expects net sales of about $520.0 million to $525.0 million, growth of 12.7% to 13.7% over the $461.6 million of the prior-year quarter, gross margin of 45.5% to 45.75%, and SG&A of 16.25% to 16.5% of net sales. (RBC Bearings Q2 fiscal 2027 release, Oct 30, 2026)

In the 10-Q, RBC Bearings says it expects growth in commercial aerospace to continue through the rest of fiscal 2027 and beyond, and that it is increasing capacity to fulfill the substantial number of defense orders in its backlog. (RBC Bearings Form 10-Q, Q2 fiscal 2027, Oct 30, 2026)

A consensus figure is the average of the models published by the analysts who cover RBC Bearings, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones RBC Bearings's own release and filings put weight on for Q2 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning RBC is on is RBC a buy or a sell?, what analysts expect next is on the RBC forecast, and what the company does is on the RBC Bearings Incorporated (RBC) stock page.

Every number on this page can be traced to a document RBC Bearings published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.