secwatch.observer — SEC 8-K summary
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Issuer:     Polaris Inc. (PII)
CIK:        0000931015
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001628280-26-003502
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Polaris Q4 net loss $304M on impairments; guides 2026 adjusted EPS $1.50-$1.60
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- Q4 reported net loss $304M ($5.34 per share) vs prior year net income $11M, driven by $288M impairment from Indian Motorcycle hold-for-sale.
- Adjusted Q4 EPS $0.08 (down 91% YoY); full year adjusted EPS loss $0.01 on $7.15B sales flat YoY.
- Gained market share in all segments for full year 2025; ORV retail up 5% in Q4.
- 2026 guidance: sales +1-3%, adjusted diluted EPS $1.50-$1.60, vs 2025 adjusted loss $0.01.
- Q4 sales up 9% to $1.92B; gross margin down 40bps to 20.0% due to tariffs and net price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931015/000162828026003502/0001628280-26-003502-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931015/000162828026003502/pii-20260127.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-003502

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