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Brunswick BC Navico Group — Research and Development Expense

Other segment segments

Propulsion
$27.5M+28.5%
Boat
$7.9M+5.3%
Engine Parts and Accessories
$100K-66.7%

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$164M+5.8%

Other financials

Income statement

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Revenue$1.6B+7.7%
Gross profit$437.8M+18.4%
Operating income$129.4M+25.3%
Net income$109.8M+85.2%
EPS (diluted)$1.68+88.8%

Balance sheet

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Cash & equivalents$298.9M-10.5%
Total debt$2.6B-0.3%
Total equity$1.7B-11.9%
Total assets$5.5B-5.0%

Cash flow

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Operating cash flow$313.8M-0.8%
CapEx$41.4M-7.8%
Free cash flow$272.4M+0.4%

Valuation

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Market cap$5.26B+37.7%
Enterprise value$7.55B+24.2%
P/S0.9×+0.2×

Profitability

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Gross margin25.6%+0.9pp
Operating margin8.7%-3.6pp
Net margin5%-2.5pp
FCF margin6.1%

Returns & leverage

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Return on equity13.3%-11.3pp
Debt / equity1.5×+0.2×
Current ratio1.4×-0.2×

Where this comes from

Reported directly by Brunswick in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Brunswick’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:51 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000014930-26-000110
(in millions)Research & Development Expense / Three Months Ended / July 4, 2026Research & Development Expense / June 28, 2025Research & Development Expense / Six Months Ended / July 4, 2026June 28, 2025
Propulsion$27.5$21.4$51.9$39.9
Engine P&A0.10.30.40.7
Navico Group13.811.626.823.0
Boat7.97.515.414.7
Corporate/Other1.11.02.22.0
Total$50.4$41.8$96.7$80.3

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Brunswick's navico group — research and development expense?
Brunswick (BC) reported navico group — research and development expense of $13.8M in Q2 2026.
How has Brunswick's navico group — research and development expense changed year-over-year?
Brunswick's navico group — research and development expense increased by 19.0% year-over-year, from $11.6M to $13.8M.
What is the long-term trend for Brunswick's navico group — research and development expense?
Over 4 years (2021 to 2025), Brunswick's navico group — research and development expense has grown at a 7.9% compound annual growth rate (CAGR), from $34.7M to $47.1M.
What does navico group — research and development expense mean?
This represents the costs incurred by the segment for the discovery and development of new products, technologies, or processes. It is a key indicator of the segment's commitment to innovation and its long-term competitive positioning in the market.

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