RBC Bearings Incorporated (RBC) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and thank you for joining us for RBC Bearing's Fiscal Fourth Quarter 2026 Earnings Call. I'm Josh Carroll with the Investor Relations Team. With me on today's call are Dr. Hartnett, Chairman, President, and Chief Executive Officer, Daniel Bergeron, Director, Vice President, and Chief Operating Officer, Rob Sullivan, Vice President and Chief Financial Officer. As a reminder, some of the statements made today may be for looking and under the Private Securities Litigation Reform Act of 1995. Ash results may differ materially from those projected or applied to a variety of factors. we refer you to RBC Barron's recent findings with the SEC for a more detailed discussion of the risk that could impact the company's future operating results and financial condition. These factors are also listed in the press release, along with the reconciliation between GAAP and non-GAAP financial information. With that, I'll now turn the call over to Dr. Hartman. Thank you, Josh, and good morning, and thank you all for joining us this morning. As usual, I'll begin today's call with a brief review of our financial results and highlight several key trends we see across the sectors. Then I'll turn the call over to Rob Sullivan who will provide additional details on our financial performance for the fourth quarter. Fourth quarter net sales increased 18.3% year-over-year to $518 million, driven by continued momentum in our A&D segment and steady growth in our industrial businesses. Consolidated growth margin was 44.4% for the quarter or 45.3% on an adjusted basis. Adjusted diluted EPS increased year over year to $3.62 compared to $2.83 in the prior year period. Adjusted EBITDA rose 21% to $168.9 million, up from $139.8 million last year. Pre-cash flow remained a strong $67.5 millio...