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Doosan Bobcat
Doosan Bobcat (241560) investor relations material
Doosan Bobcat Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
Revenue for FY25 declined 1.4% year-over-year to $6,182M, mainly due to weaker forklift sales and tariff impacts.
EBIT margin dropped 2.4 percentage points, affected by tariffs and higher SG&A costs.
Net profit fell 31.5% year-over-year, with a notable one-off tax reversal in the prior year.
Financial highlights
4Q25 revenue increased 7.1% year-over-year, driven by a low base and pricing actions.
Full-year EBIT decreased 24.5% to $482M; EBITDA down 17.7% to $661M.
Net profit margin for FY25 was 4.6%, down from 6.6% in FY24.
Net cash position improved by $321M, supporting $237M in shareholder returns.
Outlook and guidance
FY26 revenue guidance is $6.45B, up 4.3%, targeting dealer inventory rebuild and market share gains.
Operating profit expected to remain flat year-over-year, with productivity improvements offsetting tariff and material cost pressures.
North America and EMEA markets expected to soften, while ALAO region anticipates gradual improvement.
Detail 2026 tariff mitigation strategies
Quantify 2026 revenue from dealer inventory rebuild
Bobcat Standard Unit Pack: OEM revenue potential?
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Next Doosan Bobcat earnings date
Q1 202624 Apr, 2026
Doosan Bobcat
Next Doosan Bobcat earnings date
Q1 202624 Apr, 2026
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