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Brembo Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary7 May, 2026

Executive summary

  • Q1 2026 revenues were €937.4 million, down 2.1% year-over-year, but up 1.9% at constant exchange rates; car applications declined 3.3–3.4% and motorcycle applications rose 6.7%.

  • EBITDA increased 0.9% to €154.7 million (16.5% margin), and EBIT grew 3.0% to €85.9 million (9.2% margin).

  • Net result rose 11.2% to €56.9 million, with EPS at €0.18.

  • Sensify™, the intelligent braking platform, entered large-scale production and secured new contracts.

  • Q1 2026 closed with strengthened cash generation amid complex geopolitical and market conditions.

Financial highlights

  • Net financial debt stood at €692.9 million, down €26.3 million from December 2025 and €85.7 million from March 2025.

  • Net financial charges improved to €6.9 million from €9.3 million in Q1 2025.

  • Result before taxes rose 6.6% to €79.1 million (8.4% of sales).

  • Net investments/capex for the quarter totaled €72.1 million, representing 7.0% of revenue.

  • Net debt/EBITDA ratio at 1.1x.

Outlook and guidance

  • 2026 revenue growth guidance revised to +3% at constant exchange rates, with EBITDA margin expected at 16.5%.

  • Total capex/investments projected at €350 million and net financial debt forecasted below €700 million.

  • The company will continue to monitor the volatile geopolitical and macroeconomic environment and update guidance as needed.

Expected annual Sensify vehicle volume
Drivers of EBITDA margin expansion in Q1 2026
Comparison of 2026 revenue guidance targets
Drivers for the revised 2026 revenue guidance
China revenue contraction versus India growth
Margin implications of Sensify series production
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