The Canon EOS R7 Mark II likely isn’t coming in 2026

I kind of think Canon has finished the R&D process for the R7, field tested it (it has been reported on multiple channels) and basically has the camera ready to go. Then all of a sudden, the R7 still keeps selling well plus nobody knows what happens to the worlds economy at moment. Sooooo, let's wait a little bit longer.

And let said R&D and production depreciate?
 
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And let said R&D and production depreciate?
If their financial models indicate that they can’t make a profit on the product, then ultimately it would be yes - write it off.

I actually think the ‘supply chain crunch’ is a very plausible explanation of the situation. The rumored R7II is basically an R5II with an APS-C sensor rather than a FF sensor. You almost certainly aren’t going to save $1k+ on a camera just by switching to APS-C so the R7II was already going to have narrower margins - price increases in RAM and associated electronics could easily squeeze those margins to the point where it just doesn’t make economic sense to proceed at this time.

If this is the case, then it’s highly likely that they aren’t abandoning the project, but instead putting it on hold for 6 or 8 months to see what happens with the supply chain landscape.
 
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