BRP (TSX:DOO) Research & Development: C$449 Mil (TTM As of Apr. 2026)


TSX:DOO BRP Inc TSX:DOO
82 GF Score
Price C$88.39
GF Value C$86.36
Valuation Fairly Valued
! 4 Warning Signs
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What is BRP Research & Development?

BRP TSX:DOO +0.16% 82 Research & Development is C$449 Mil as of Apr. 2026. GuruFocus rates TSX:DOO with a GF Score™ of 82/100 and a GF Value™ of C$86.36 (Fairly Valued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. BRP's Research & Development for the three months ended in Apr. 2026 was C$119 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 was C$449 Mil.

BRP  (TSX:DOO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

BRP Research & Development Related Terms

BRP Research & Development Historical Data

* Premium members only.

The historical data trend for BRP's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BRP Research & Development Chart

BRP Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 289.80 367.70 401.90 391.10 434.70

BRP Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 105.00 96.40 110.10 123.20 118.80
TSX:DOO
82GF Score
BRP Inc TSX:DOO
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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BRP Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$449 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of C$449 Mil mean?
BRP (TSX:DOO) has a Research & Development of C$449 Mil as of Apr. 2026. Research and development expense is the total cost for research and development activities. View historical data on BRP and its competitors.
Is BRP's Research & Development too high?
BRP's current Research & Development is C$449 Mil. Overall, BRP has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BRP's Research & Development compare to BC and THO?
BRP's Research & Development of C$449 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on BRP and its competitors. BRP's current Research & Development is C$449 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRP stock overvalued right now?
Based on GuruFocus' analysis, BRP (TSX:DOO) is currently considered Fairly Valued. The stock's GF Value™ is C$86.36, compared to a current price of C$88.39 — trading 2.4% above its estimated fair value. The current Research & Development is C$449 Mil. BRP's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For BRP (TSX:DOO), the current Research & Development is C$449 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BRP (TSX:DOO) Overvalued in 2026?

Based on GuruFocus' analysis, BRP stock appears to be overvalued. The current stock price of C$88.39 is trading 2.4% above its estimated GF Value™ of C$86.36. GuruFocus considers BRP to be Fairly Valued.

Key valuation signals for TSX:DOO:

  • Research & Development: C$449 Mil
  • GF Value™: C$86.36 vs. price of C$88.39 (2.4% above fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the TSX:DOO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BRP Business Description

Other Exchanges DOO:USAB15A:Germany
Address 726 Saint-Joseph Street, Valcourt, QC, CAN, J0E 2L0
BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after shuttering the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, which has largely been divested; Manitou was sold in the third quarter of fiscal 2026, and Telwater remains up for sale. At the end of fiscal 2026, the company sold its products through a network of more than 2,050 independent dealers and 140 distributors in around 110 countries.
82GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$88.39
Price
C$86.36
GF Value