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Doosan Bobcat (241560) investor relations material
Doosan Bobcat Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 6% year-over-year in Q1 2026, driven by improved demand and favorable pricing across major segments.
Operating income rose 3% year-over-year, aided by sales growth and one-off items, partially offset by tariff impacts.
Net income increased 15% year-over-year, reflecting improved operating performance and lower financial costs.
Financial highlights
Q1 2026 revenue reached $1,534M, up 6.2% year-over-year but down 6.5% sequentially.
EBIT was $141M (+2.6% YoY, +38.9% QoQ); EBITDA was $186M (+3.0% YoY, +26.8% QoQ).
Net profit was $90M, up 15% year-over-year and 53.3% sequentially.
Net interest expense declined 56.9% year-over-year to $4M.
Revenue in KRW increased 7.1% year-over-year due to currency effects.
Outlook and guidance
Gradual market recovery expected in EMEA and North America, despite ongoing war and tariff uncertainties.
Similar year-over-year regional growth anticipated into Q2 2026.
North American recovery expected to continue, though Section 232 changes may increase tariff burdens.
- FY25 saw lower revenue and profit, but FY26 targets growth and stable margins.241560
Q4 202512 Feb 2026 - Q3 2025 saw 17% revenue growth and 28% net profit increase, aided by a one-time tax refund.241560
Q3 202523 Jan 2026 - 2023 sales reached $7.5B, fueled by innovation and strong growth in compact equipment.241560
Investor Presentation28 Oct 2025 - Revenue and profit fell over 50% year-over-year amid broad-based demand slowdown.241560
Q2 202428 Oct 2025 - Revenue and profit sharply declined in Q3 2024 amid weak demand; Mottrol acquisition completed.241560
Q3 202428 Oct 2025 - Targets $12B revenue by 2030, 40% shareholder return, and major ESG progress.241560
Corporate Presentation28 Oct 2025 - Targeting $12B revenue by 2030 through innovation, M&A, and global expansion.241560
Investor Day 2024 Presentation28 Oct 2025 - Revenue and profit declined in FY24, with modest growth and margin pressure expected in FY25.241560
Q4 202428 Oct 2025 - Revenue and profit fell significantly year-over-year, with ongoing economic and market risks.241560
Q1 202528 Oct 2025
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