In its recently filed second quarter 2023 earnings report, Doosan Bobcat recorded revenue for the quarter of $2 billion, up 15.1% year-over-year. This was also above the $1.88 billion reported for the first quarter of the year. Operating margin achieved more than 17% driven by volume growth and moderated inflation.

Compact equipment revenue for the quarter specifically rose 9% year-over-year to $1.57 billion. Total North American revenue was $1.53, up 15% year-over-year from $1.32 billion in the second quarter 2022.

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