Revenue: As of FY2026 Q2, the actual value is USD 1.558 B, beating the estimate of USD 1.522 B.

EPS: As of FY2026 Q2, the actual value is USD 1.68, beating the estimate of USD 1.0982.

EBIT: As of FY2026 Q2, the actual value is USD 130 M.

Second Quarter 2026 Financial Results

Brunswick Corporation reported consolidated net sales of $1,557.8 million for the second quarter of 2026, marking a 7.7% increase compared to the second quarter of 2025. GAAP operating earnings were $129.4 million, a 25.3% increase year-over-year, with a GAAP operating margin of 8.3%, up 120 basis points. As adjusted, operating earnings reached $150.1 million, up 19.1%, and the adjusted operating margin was 9.6%, an increase of 90 basis points.

Segment Performance (Q2 2026)

• Propulsion: Net sales were $644.0 million, an increase of 7.7% compared to Q2 2025. GAAP operating earnings were $71.2 million, up 8.2%, with a GAAP operating margin of 11.1%. Adjusted operating earnings were $72.1 million, a 7.1% increase, and the adjusted operating margin was 11.2%, down 10 basis points.
• Engine Parts & Accessories: This segment reported net sales of $367.9 million, an 8.9% increase from Q2 2025. GAAP operating earnings grew by 19.4% to $85.6 million, and the GAAP operating margin was 23.3%, up 210 basis points. Adjusted operating earnings were $85.8 million, a 19.0% increase, and the adjusted operating margin expanded by 200 basis points to 23.3%.
• Navico Group: Net sales increased by 6.7% to $215.8 million compared to Q2 2025. GAAP operating earnings were $13.2 million, a significant improvement from a GAAP operating loss of - $7.6 million in Q2 2025, with a GAAP operating margin of 6.1%. Adjusted operating earnings were $26.2 million, up from $10.8 million in Q2 2025, and the adjusted operating margin expanded by 680 basis points to 12.1%.
• Boat: The Boat segment achieved net sales of $424.4 million, a 4.6% increase from Q2 2025. GAAP operating earnings rose by 37.8% to $15.3 million, with a GAAP operating margin of 3.6%, up 90 basis points. Adjusted operating earnings increased by 44.7% to $19.1 million, and the adjusted operating margin expanded by 120 basis points to 4.5%. Freedom Boat Club reached its 450th global network location and achieved 13% growth in first-half trips.

Six Months Ended July 4, 2026 Financial Results

Consolidated net sales for the first six months of 2026 were $2,935.9 million, a 10.0% increase over the same period in 2025. GAAP operating earnings were $179.7 million, up 12.6%, with a GAAP operating margin of 6.1%. As adjusted, operating earnings were $232.7 million, up 17.5%, and the adjusted operating margin was 7.9%. Net earnings from continuing operations were $129.2 million, a 62% increase from the prior year period. Net earnings for the period were $130.8 million, up 65%.

Cash Flow and Balance Sheet

Cash and marketable securities totaled $299.7 million at the end of the second quarter, an increase of $24.0 million from 2025 year-end levels. Net cash provided by operating activities of continuing operations during the first six months of 2026 was $251.5 million. Net cash used for investing activities was - $117.2 million, primarily due to $98.6 million in capital expenditures and - $28.2 million for the acquisition of Freedom Boat Club franchise operations. Net cash used for financing activities was - $107.1 million, including - $57.2 million in dividend payments and - $31.2 million in share repurchases. Free cash flow for the six months ended July 4, 2026, was $160.7 million. Brunswick Corporation remains on track to retire at least $160 million of debt in 2026 and has repurchased $35 million of shares year-to-date. The debt-to-capitalization rate was 55.6% as of July 4, 2026.

2026 Outlook

Brunswick Corporation updated its full-year 2026 guidance, projecting net sales in the range of $5.7 billion to $5.8 billion and an adjusted operating margin of approximately 8.0%. Adjusted diluted EPS is expected to be between $4.35 and $4.75, with free cash flow of $400 million or more. For the third quarter of 2026, the company anticipates revenue of $1.4 billion to $1.5 billion and adjusted diluted EPS of $1.20 to $1.40.