v3.26.3
Revenue (Tables)
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents details deemed relevant to the users of the financial statements about total revenue for the three and nine months ended September 30, 2026 and 2025:
Three Months EndedThree Months Ended
September 30, 2026September 30, 2025
Engineered BearingsIndustrial MotionTotalEngineered BearingsIndustrial MotionTotal
United States$335.4 $227.8 $563.2 $323.1 $205.1 $528.2 
Americas excluding the
   United States
96.5 27.6 124.1 91.2 23.9 115.1 
Europe / Middle East / Africa139.3 141.8 281.1 150.0 135.2 285.2 
Asia-Pacific200.2 42.8 243.0 201.5 27.1 228.6 
Net sales$771.4 $440.0 $1,211.4 $765.8 $391.3 $1,157.1 
Nine Months EndedNine Months Ended
September 30, 2026September 30, 2025
Engineered BearingsIndustrial MotionTotalEngineered BearingsIndustrial MotionTotal
United States$990.8 $684.1 $1,674.9 $954.3 $619.2 $1,573.5 
Americas excluding the United States289.5 79.0 368.5 277.7 67.1 344.8 
Europe / Middle East / Africa460.5 448.1 908.6 438.2 401.2 839.4 
Asia-Pacific643.8 107.8 751.6 633.7 79.4 713.1 
Net sales$2,384.6 $1,319.0 $3,703.6 $2,303.9 $1,166.9 $3,470.8 
The following table presents the approximate percentage of revenue by sales channel for the nine months ended September 30, 2026 and 2025:
Nine Months EndedNine Months Ended
Revenue by sales channelSeptember 30, 2026September 30, 2025
Original equipment manufacturers60%60%
Distribution/direct to end users40%40%
Schedule of Rollforward of Unbilled Receivables and Deferred Revenue
The following table contains a rollforward of unbilled receivables for the nine months ended September 30, 2026 and the twelve months ended December 31, 2025:
September 30,
2026
December 31,
2025
Beginning balance, January 1$137.6 $140.8 
Additional unbilled revenue recognized297.4 366.9 
Less: amounts billed to customers(278.4)(370.1)
Ending balance$156.6 $137.6 
The following table contains a rollforward of deferred revenue for the nine months ended September 30, 2026 and the twelve months ended December 31, 2025:
September 30,
2026
December 31,
2025
Beginning balance, January 1$55.7 $41.4 
Revenue received or billed in advance of recognition123.6 180.9 
Less: revenue recognized(118.8)(166.6)
Acquisitions, net of divestitures0.9 — 
Ending balance$61.4 $55.7