Doosan Bobcat

Doosan Bobcat Reports $6.2 Billion in Revenue for 2025

Doosan Bobcat announced on February 11th that its annual revenue for 2025 was USD 6.182 billion, with operating profit at USD 482 million and an operating margin of 7.8%. Compared to the previous year, revenue decreased by 1.4% and operating profit declined by 24.5%.
Performance varied across regions. North America saw a 3% decline in revenue due to weaker demand caused by uncertainties. Asia, Latin America, and Oceania (ALAO) recorded a 13% decline, driven by softer domestic demand, while Europe, Middle East, and Africa (EMEA) achieved a 1% increase supported by stable market conditions.
By product segment, sales of Compact Equipment and Material Handling decreased 2% and 9%, respectively, while Portable Power sales grew by 1%.
In the fourth quarter of 2025, revenue reached USD 1.64 billion, marking a 7.1% year-over-year increase. Quarterly operating profit was USD 102 million, down 20.5% compared to the same period last year.
Doosan Bobcat maintained a strong financial position, closing 2025 with net cash of USD 353 million and a debt ratio of 70.8%. The company maintained a net cash position for five consecutive quarters.
The board of directors approved a final dividend of KRW 500 per share, bringing the total annual dividend to KRW 1,700 per share and the shareholder return ratio to 40.4%. This represents a record high for dividend payments, fulfilling the company’s commitment to its corporate value enhancement plan, which guarantees a minimum dividend of KRW 1,600 and a shareholder return ratio of 40% of consolidated net income.
Looking ahead, Doosan Bobcat forecasts 2026 revenue at USD 6.45 billion, a 4.3% year-over-year increase, with operating profit expected to reach USD 482 million, remaining at the same level as the previous year. A company spokesperson stated, “While we anticipate a slight decline in demand across major markets, we aim to drive sales growth through expanding dealer inventory and increasing market share.”

2026-02-11

Doosan Bobcat Showcases ‘Smart Construction Jobsite’ with AI and Electrification Technologies at CES 2026

Doosan Bobcat showcased next-generation technologies for compact construction equipment at CES 2026 Media Day in Las Vegas on January 5.

On this day, Scott Park, Vice Chairman and CEO of Doosan Bobcat and Joel Honeyman, Vice President of Global Innovation, presented AI-enabled solutions designed to boost jobsite productivity. These technologies simplify equipment control, minimize downtime, and actively adapt to challenging site conditions.
Doosan Bobcat introduced “Bobcat Jobsite Companion,” the compact equipment industry’s first AI voice control system. Operators can issue voice commands to manage over 50 functions, such as attachment settings, engine speed, lights, and radio. Supported by Doosan Bobcat’s proprietary AI large language model, the system runs entirely, enabling real-time responsiveness without reliance on cloud connectivity.
Honeyman stated “Jobsite Companion lowers the barrier to entry for new operators while helping experienced professionals work faster and more precisely. It’s not just smarter technology; it’s a smarter experience that puts expert-level guidance directly in the cab.”
Doosan Bobcat also announced Service.AI, an AI-powered service and support platform designed to minimize equipment downtime by giving dealers and technicians instant access to Bobcat’s model-specific repair manuals, warranty information, diagnostics, and service histories. Through voice or text input, it guides users through efficient troubleshooting to minimize repair time and downtime.
Park noted, “For nearly 70 years, Bobcat has led the compact equipment industry by solving real problems for real people. By combining AI, autonomy, electrification and connectivity, Doosan Bobcat is creating technology that empowers people, simplifies work and sets a new jobsite standard for the industry.”

Doosan Bobcat also introduced:
▲ BSUP(Bobcat Standard Unit Pack): Modular, fast-charging battery packs compatible across equipment types and OEMs
▲ RogueX3 concept: Flexible design concept model offering options for cab or no cab, wheels or tracks, and diverse power sources—electric, diesel, hybrid, or hydrogen
▲ Radar-based collision warning and avoidance system that detects obstacles and actively slow or stop a machine
▲ Advanced Display Technology providing 360° visibility, alerts, and operational data through transparent and auto-tint touch screens
All of these technologies form an integrated ecosystem, several are advancing toward commercialization. Doosan Bobcat will showcase these innovations at the Doosan Group booth from the opening of CES 2026 on January 6.

2026-01-06

Doosan Bobcat Brings AI Out of the Cloud and Onto the Jobsite at CES 2026

Doosan Bobcat Inc., a Doosan Group company and a leading global equipment manufacturer, will unveil a series of groundbreaking technologies at CES 2026 that bring artificial intelligence out of the cloud and onto the jobsite, delivering smarter, more intuitive equipment designed to simplify the operator experience.
As the construction industry faces major shifts, Bobcat is solving against three critical challenges to support the future of work:
• Transitions in the construction industry workforce
• Inconvenient equipment downtime
• Increasing jobsite complexity
At CES, Bobcat will preview innovations built specifically to address these priorities with accessible, human-first design.
Making Machines Easier to Operate
The industry is at a critical inflection point: 41% of the U.S. construction workforce is expected to retire by 2031*, taking decades of expertise with them. Bobcat will introduce AI-driven capabilities intended to simplify equipment operation for the next generation of workers. These advancements will deliver real-time guidance and simplify complex tasks for novice operators, while helping experienced operators boost productivity and enhance precision.
Diagnosing and Fixing Machines Faster
Equipment downtime slows progress and reduces productivity—especially for owners relying on a single machine to complete the job. Bobcat will showcase an AI-powered innovation that accelerates diagnostics and troubleshooting by giving technicians fast access to machine insights, historical repair knowledge and guided support, helping keep equipment up and running and jobs moving forward.
Enhancing Jobsite Awareness
Modern jobsites are becoming increasingly complex. Bobcat will preview radar technology designed to aid operator awareness, detect hazards and help the operator address collision risks through real-time monitoring and interventions.
In addition to these AI-driven advancements, Bobcat will also debut:
• A next-generation operator display experience that integrates essential jobsite information directly into the operator’s field of view
• A forward-looking concept machine
• A rugged, stackable electric power system for compact equipment
Together, these technologies represent Bobcat’s vision for bringing AI and next-generation intelligence to where it matters most: on the ground, in the machine and in the hands of the people doing the work.
Full details and demonstrations will be revealed during Bobcat’s CES Media Days press conference on Jan. 5 at 2 p.m. in Mandalay Bay I, with immersive experiences available in the Doosan booth at the Las Vegas Convention Center, West Hall 5840.

2025-12-12

Doosan Bobcat Q3 Profit Rises as Demand Rebounds in Key Markets

Doosan Bobcat reported on the 30th that third-quarter revenue rose 17.1% from a year earlier to USD 1.529 billion, while operating profit increased 6.7% to USD 98 million. Net profit increased 27.5% to USD 60 million, driven by improved performance and a one-off corporate tax refund.
Growth was led by recovering demand in North America and Europe, along with a favorable base effect from last year. Revenue in North America rose 17%, while the Europe, Middle East, and Africa (EMEA) region also grew 16%. Revenue in Asia, Latin America, and Oceania (ALAO) fell 9% due to weaker demand.
By segment, Compact Equipment revenue grew 20%, supported by base effects. Portable Power rose 16%, while Material Handling decreased 9%.
Net cash increased by USD 141 million from the end of last year, reflecting continued strong cash flow generation.
Additionally, Doosan Bobcat declared a quarterly dividend of KRW 400 per share, maintaining its shareholder return policy of a minimum annual dividend of KRW 1,600 per share.

2025-10-30

Doosan Bobcat Engages in Global Community Service Across 12 Countries

Doosan Bobcat is reinforcing its commitment to corporate social responsibility through community engagement across the globe.

Doosan Bobcat announced on the 26th that it is launching its global community engagement program, ‘Doosan Bobcat Community Days’. This year, more than 700 employees from 12 countries—including Korea, the United States, the Czech Republic, France, China, India, the UAE, and South Africa—are participating in activities aimed at enhancing local community welfare.

In Korea, more than 100 employees took part in a diverse range of volunteer efforts. On September 25, 50 employees from the Seongnam headquarters contributed to biodiversity preservation at Geumto Mountain through eco-exploration activities. At Incheon, where the forklift plant is located, 40 employees visited Boramae Children’s Center to assist with facility maintenance. Doosan Mottrol—which became part of Doosan Bobcat last year—dispatched 20 employees in Changwon to clean storm drains in Seongsan-gu.


Similar activities were carried out overseas at over 20 sites. Local employees engaged in initiatives such as pallet upcycling, removing invasive species, and protecting marine ecosystems. In certain regions, Doosan Bobcat’s equipment—including loaders and excavators—were utilized to boost the efficiency of volunteer activities such as stump and rock removal, playground and park trail construction, baseball field maintenance, and tree planting.
“Doosan Bobcat Community Days is a meaningful opportunity to strengthen our connection with the communities where we live and work.” said Scott Park, CEO and Vice Chairman of Doosan Bobcat. “Our employees will continue to build on these efforts, starting with small actions that will ultimately contribute to a more sustainable future,” added Park.

2025-09-26