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Regal Rexnord (RRX) FY2025 results: revenue $5.9 billion, down 1.6% on the year

Regal Rexnord Corp. (RRX) reported revenue of $5.9 billion for fiscal 2025, the year ended 31 December 2025, down 1.6% on the year before. Net income was $280 million, up 42.5%, and diluted earnings per share $4.20. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2026.

Revenue
$5.9 billion
-1.6% on the year
FY2018FY2025
Operating margin
11.5%
10.4% a year earlier
FY2018FY2025
Net income
$280 million
+42.5% on the year
FY2018FY2025
Diluted EPS
$4.20
+42.9% on the year
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The year in brief

What management said about the year

Guidance figures: 1 lowered, 3 new.

  • Fourth-quarter sales rose 4.3%: Net sales were $1,523.2 million, up 4.3%, or 2.9% organically. Full-year sales were $5,934.5 million, down 1.6%, or up 0.8% organically.
  • Adjusted EBITDA rose 3.4%: Adjusted EBITDA was $328.5 million in the quarter, up 3.4%. Full-year adjusted EBITDA was $1,307.1 million, up 0.8% from $1,297.1 million excluding Industrial Systems.
  • Automation & Motion Control sales rose 17.2%: Sales were $480.4 million, up 17.2%, or 15.2% organically. Adjusted EBITDA margin was 20.5%, against 21.6% a year earlier.
  • Discrete automation orders up over 9%: AMC's discrete automation business grew orders by over 9%, aided by robotics traction including humanoids and new motion control product launches.
  • Gross margin rose to 37.5%: Gross margin was 37.5%, against 34.9%. Adjusted gross margin was 37.6%, up 50 basis points from the prior year.
Read the Q4 FY2025 earnings call summary

From this 10-K

Regal Rexnord makes products that power, transmit and control motion: electric motors and air moving subsystems that create motion, power transmission components that carry it to industrial machinery, and automation products such as controllers, drives, precision motors and actuators. Its automation products are used in applications ranging from factory automation to precision tools for surgery. It is headquartered in Milwaukee, Wisconsin, with manufacturing, sales and service facilities worldwide, and it reports three segments, Automation & Motion Control, Industrial Powertrain Solutions and Power Efficiency Solutions.

Regal Rexnord Corp., the 10-K for 2025

Regal Rexnord makes products that power, transmit and control motion: electric motors and air moving subsystems that create motion, power transmission components that carry it to industrial machinery, and automation products such as controllers, drives, precision motors and actuators. Its automation products are used in applications ranging from factory automation to precision tools for surgery. It is headquartered in Milwaukee, Wisconsin, with manufacturing, sales and service facilities worldwide, and it reports three segments, Automation & Motion Control, Industrial Powertrain Solutions and Power Efficiency Solutions.

The three segments

Automation & Motion Control makes conveyor products and conveying automation subsystems, aerospace components, precision motion control products, miniature servo motors, drives and linear actuators. It also makes power management products, including automatic transfer switches, paralleling switchgear and customized modular electric pods, and it sells into factory automation, food and beverage, aerospace, general industrial, medical and data center markets. Industrial Powertrain Solutions makes bearings, couplings, gearboxes and gear motors, clutches, brakes and other power transmission components, and increasingly sells them combined with Regal Rexnord motors as integrated industrial powertrains. It serves general industrial, metals and mining, energy, discrete automation and commercial HVAC customers. Power Efficiency Solutions makes AC and DC motors from fractional to approximately 5 horsepower, variable speed controls, drives, fans and blowers, used in residential and commercial HVAC and a wide range of general commercial applications.

How it got here

On March 27, 2023, the company completed its acquisition of Altra, a manufacturer of engineered products for factory automation and industrial power transmission, which became a wholly owned subsidiary. On April 30, 2024, it sold its industrial motors and generators businesses, the substantial majority of its former Industrial Systems segment. The company calls its continuous improvement framework the Regal Rexnord Business System, and it uses what it calls 80/20 initiatives to focus resources on its most valuable growth opportunities.

Selling and making

It sells directly to OEMs, distributors and end users through its own sales staff and manufacturers' representative organizations, and it has over two thousand associates in sales or sales support roles. It runs large distribution facilities in the US and Mexico that serve as hubs for North America. It makes most of the products it sells, with manufacturing, sales and service facilities in the US, Mexico, China, Europe, India and Australia, and its base materials are mainly steel, copper and aluminum.

People

As of December 31, 2025 it employed approximately 29,200 associates worldwide, approximately 28,700 of them full-time, including approximately 8,700 in the US, 8,100 in Mexico, 3,600 in China and 3,500 in India.

From Regal Rexnord's annual report on Form 10-K for the year ended 31 December 2025. The filing

Written from the 10-K filed 20 February 2026: read the full 10-K.

The four quarters: Q1 FY2025 · Q2 FY2025 · Q3 FY2025 · Q4 FY2025

Income statement (profit and loss)

$ millionFY2025FY2024FY2023On the yearLast 8 years
Revenue5,9346,0346,251-1.6%
Cost of revenue3,7173,8434,183-3.3%
Gross profit2,2182,1912,067+1.2%
Gross margin37.4%36.3%33.1%
Research and development199176171+12.6%
Operating income681630377+8.1%
Operating margin11.5%10.4%6.0%
Interest expense349400431-12.6%
Pre-tax income352248-1.6+42.1%
Income tax71.749.652.7+44.6%
Effective tax rate20.3%20.0%n/a
Net income280196-57.4+42.5%
Net margin4.7%3.3%-0.9%
Diluted EPS$4.20$2.94-$0.87+42.9%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2025FY2024FY2023On the yearLast 8 years
Operating cash flow991609715+62.6%
Capital expenditure97.7110119-10.8%
Free cash flow893500596+78.7%
Free cash flow margin15.0%8.3%9.5%
Cash from investing-71.0275-4,983
Cash from financing-814-1,0964,204
Depreciation and amortisation501512493-2.2%
Share-based compensation37.334.858.2+7.2%
Buybacks0.050.00.0
Dividends paid93.093.092.80.0%
Dividend per share$1.40$1.40$1.400.0%
Diluted shares, weighted67m67m66m-0.1%
Shares outstanding at period end66m66m66m+0.2%

Balance sheet

$ millionFY2025FY2024FY2023On the yearLast 8 years
Shareholders' equity6,8446,2606,344+9.3%
Non-controlling interest9.27.420.8+24.3%
Debt4,8195,5006,381-12.4%
Operating lease liabilities114114132-0.1%
Other liabilities2,1352,1532,553-0.8%
Total liabilities and equity13,92114,03415,431-0.8%
Goodwill6,6116,4596,553+2.4%
Intangible assets3,4183,6644,083-6.7%
Cash and equivalents522394574+32.6%
Receivables524843922-37.8%
Inventory1,3221,2281,274+7.7%
Other assets1,5241,4462,025+5.3%
Total assets13,92114,03415,431-0.8%

10-K for the year ended 31 December 2025, filed 20 February 2026: the filing.