Regal Rexnord RRX
Regal Rexnord reports $12.5 million net loss in Q3 2026
- Form
- 10-Q
- Filed
- Importance
- Notable
- Accession
- 0000082811-26-000238
- Revenue of $1.59 billion for the three months ended Sep 30, 2026
- Net loss of $12.5 million for the three months ended Sep 30, 2026
- Diluted EPS of -$0.19 for the three months ended Sep 30, 2026
- Cash and equivalents of $449.6 million as of Sep 30, 2026
Written from the 10-Q on EDGAR. Check the filing before you rely on it.
The reading, claim by claim
From the filing's financial data, not stated in its text
From this 10-Q's financial data (XBRL) for the quarter ended September 30, 2026
- For the quarter ended September 30, 2026, REGAL REXNORD CORP reported: Revenue $1.6 billion.
- Net income -$12.5 million.
- Gross margin 37.2%.
- Operating margin 5.1%.
- Net margin -0.8%.
- Revenue change from a year earlier +6.1%.
From the filing
Item 6 — Exhibits
Item 6 — Exhibits
Signatures
50
2
CAUTIONARY STATEMENT
All statements in this report, other than those relating to historical facts, are "forward-looking statements" within the meaning of federal securities laws. Forward-looking statements can generally be identified by their use of terms such as "anticipate," "believe," "confident," "estimate," "expect," "intend," "aim," "seek," "target," "plan," "may," "will," "would," "project," "forecast," "predict," "could," "should," and similar expressions including references to assumptions. Forward-looking statements are not guarantees of future performance and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such statements. Forward-looking statements include, but are not limited to, statements about future financial and operating results, future strategic plans and objectives, and expected market or macroeconomic trends. Important factors that could cause actual results to differ materially from those presented or implied in the forward-looking statements in this report include, without limitation:
• the possibility that Regal Rexnord Corporation (the "Company") may be unable to achieve expected benefits, synergies and operating efficiencies in connection with the sale of the Industrial Motors and Generators businesses in 2024 and the acquisition of Altra Industrial Motion Corp. in 2023 (the "Altra Transaction") within the expected time-frames or at all and to successfully integrate Altra Industrial Motion Corp. ("Altra");
• the Company's substantial indebtedness as a result of the Altra Transaction and the effects of such indebtedness on the Company's financial flexibility;
• the Company's ability to achieve its objectives on reducing its indebtedness on the desired timeline or at all;
• dependence on key suppliers and the potential effects of supply disruptions;
• fluctuations in commodity prices and raw material costs as a result of, among other things, changes to trade policies, imposition of tariffs or trade restrictions, and other governmental regulations affecting trade;
• any unforeseen changes to or the effects on liabilities, future capital expenditures, revenue, expenses, synergies, indebtedness, financial condition, losses and future prospects;
• unanticipated operating costs, customer loss and business disruption or the Company's inability to forecast customer needs;
• the Company's ability to attract, transition or retain key executives and employees and risks associated with the transition of our new CEO;
• uncertainties regarding the Company's ability to execute its restructuring/strategic plans within expected costs and timing or at all;
• challenges to the tax treatment that was elected with respect to the merger with the Rexnord PMC business and related transactions;
• actions taken by competitors and their ability to effectively compete in the increasingly competitive global industries and markets;
• the Company's ability to develop new products based on technological innovation and marketplace acceptance of new and existing products;
• our ability to keep pace with rapidly evolving technological developments related to advances in artificial intelligence;
• dependence on significant customers and distributors;
• risks that customers may make changes and adjustments to their orders which could result in actual revenue recognized being lower or higher than disclosed order values;
• risks associated with climate change, including unexpected weather events in markets in which we do business, and uncertainty regarding the Company's ability to deliver on its sustainability commitments or to meet related investor, customer and other third party expectations relating to the Company's sustainability efforts and rapidly evolving sustainability regulations;
• changes to and uncertainty in trade policy, including tariffs on imports into the US from Canada, Mexico, China, India and other countries, and retaliatory tariffs and import/export restrictions, including Chinese export restrictions on certain rare earth minerals, or other trade restrictions imposed by the US or other governments;
• risks associated with global manufacturing, including risks associated with public health crises and political, societal or economic instability, including instability caused by ongoing geopolitical conflicts;
• issues and costs arising from the integration of acquired companies and businesses;
3
• prolonged declines or disruptions in one or more markets, including disruptions caused by labor disputes or other labor activities, natural disasters, terrorism, acts of war, international conflicts, pandemics and political and government actions;
• risks associated with excess or obsolete inventory charges, including related write-offs or write-downs;
• economic changes in global markets, such as reduced demand for products, currency exchange rates, inflation rates, interest rates, recession, government policies, including policy changes affecting taxation, trade, tariffs, import/export regulations, immigration, customs, border actions and the like, and other external factors that the Company cannot control;
• product liability, asbestos and other litigation, or claims by end users, government agencies or others that products or customers' applications failed to perform as anticipated;
• unanticipated liabilities of acquired businesses;
• the Company's ability to identify and execute on future mergers and acquisitions ("M&A") opportunities or other strategic transactions;
• the impact of such M&A or other transactions on the Company's results, operations and financial condition, including the impact from costs to execute and finance any such transactions;
• unanticipated costs or expenses that may be incurred related to product warranty issues, recalls or reworks;
• infringement of intellectual property by third parties, challenges to intellec
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS REGAL REXNORD CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)
(Unaudited)
(Amounts in Millions, Except Per Share Data)
Three Months Ended Nine Months Ended
See Accompanying Notes to Condensed Consolidated Financial Statements
5
REGAL REXNORD CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(Unaudited)
(Dollars in Millions)
Three Months Ended Nine Months Ended
Pension and Post Retirement Plans:
Increase in Prior Service Cost and Unrecognized Loss — — — ( 1.0 )
See Accompanying Notes to Condensed Consolidated Financial Statements
6
REGAL REXNORD CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Dollars in Millions, Except Per Share Data)
September 30, 2026 December 31, 2025
ASSETS
Current Assets:
Prepaid Expenses and Other Current Assets 466.6 344.7
Total Current Assets 2,893.6 2,712.3
Net Property, Plant and Equipment 853.2 911.8
Intangible Assets, Net of Amortization 3,093.0 3,418.4
LIABILITIES AND EQUITY
Current Liabilities:
Current Maturities of Long-Term Debt 24.7 24.1
Pension and Other Post Retirement Benefits 93.7 106.0
Total Regal Rexnord Corporation Shareholders' Equity 6,868.1 6,844.1
See Accompanying Notes to Condensed Consolidated Financial Statements
7
REGAL REXNORD CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
(Unaudited)
(Dollars in Millions, Except Per Share Data)
Three Months Ended
Common Stock $ 0.01 Par Value
Additional
Paid-In
Capital Retained
Earnings Accumulated
Other
Comprehensive
Income (Loss) Noncontrolling
Interests Total Equity
Dividends Declared ($ 0.35 Per Share)
— — ( 23.4 ) — — ( 23.4 )
Common Stock Issued for the Exercise of Share-Based Compensation Awards — ( 0.4 ) — — — ( 0.4 )
Dividends Declared ($ 0.35 Per Share)
— — ( 23.3 ) — — ( 23.3 )
Common Stock Issued for the Exercise of Share-Based Compensation Awards — ( 0.9 ) — — — ( 0.9 )
See Accompanying Notes to Condensed Consolidated Financial Statements
8
REGAL REXNORD CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
(Unaudited)
(Dollars in Millions, Except Per Share Data)
Nine Months Ended
Common Stock $ 0.01 Par Value
Additional Paid-In Capital Retained Earnings A
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