EarningsQ2 2026 Earnings Report
MX:RRX Q2 2026 EPS Results
Actual EPS$51.25
Consensus EPS$44.31
Beat/MissBeat by +$6.94
One Year Ago EPS$42.51
MX:RRX Q2 2026 Revenue Results
Actual Revenue$26.71B
Expected Revenue$27.05B
Beat/MissMissed by -$338.51M
YoY Revenue Growth+4.16%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeBefore Open
Conference CallWednesday, August 5, 2026
MX:RRX Upcoming Earnings
Regal Rexnord's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:RRX Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but constructive picture: strong order momentum (notably in AMC and IPS), solid near-term revenue growth and earnings aided by tariff refunds, continued deleveraging and on‑schedule strategic initiatives such as ePOD. Offsetting these positives are meaningful near-term margin pressures excluding refund benefits, weakened PES end markets (residential HVAC and pool), delayed productivity realization to protect service levels, inflationary cost pressure, and working capital headwinds that reduced cash flow guidance. Several positives improve visibility into 2027 (backlog and long-cycle wins), while execution and market mix create short-term challenges.Company Guidance
Enterprise Order Momentum
Orders rose 8.8% on a daily basis versus prior year (8.1% excluding data center). Orders excluding consumer-leaning businesses (residential HVAC and pool) were up low double digits. Enterprise orders in July were up 7% on a daily basis.
Revenue Growth
Second quarter sales increased 4.2% versus prior year and 3.3% organic. Sales excluding residential HVAC and pool grew 6.1%.
Automation & Motion Control (AMC) Outperformance
AMC orders surged 17.1% year-over-year (15% excluding data center). AMC organic sales grew 15.6% and adjusted EBITDA margin was 21.1% (19.9% excl refunds), up ~40 basis points year-over-year. AMC book-to-bill was 1.02 and H1 daily orders were over 25% higher versus prior year.
IPS Order & Backlog Strength
IPS orders were up 6.7% on a daily basis in Q2; organic sales rose 2%. IPS book-to-bill was 1.06 and the shippable backlog for 2027 is over 20% higher than where the 2026 shippable backlog stood at this time last year, supporting 2027 revenue visibility.
Gross Margin and Tariff Refunds
Adjusted gross margin was 39.8% (37.8% excluding IEEPA tariff refunds). The company recorded $32 million of IEEPA tariff refunds in Q2 and has incorporated a total $48 million refund benefit into 2026 guidance (equating to $0.57 per share).
Earnings and Cash Generation
Adjusted EPS was $2.99 for the quarter ($2.60 excluding refund benefit), representing ~5% adjusted EPS growth versus prior year excluding refunds. Adjusted free cash flow was $154 million in the quarter.
Stable 2026 Sales & EPS Guidance; Deleveraging Progress
Full-year sales guidance remains $6.2 billion (4.5% growth) and adjusted EPS midpoint remains $10.60 (range narrowed to $10.35–$10.85). Management expects net debt leverage to be below 3x in the second half of 2026.
ePOD Program and Facility Ramp
ePOD facility infrastructure is nearly complete and ramping on schedule; the company expects approximately $15 million of ePOD revenue in Q4 and modeled initial ePOD margin around 20%.
MX:RRX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed