earnings
confidence high
sentiment neutral
materiality 0.60
Polaris Q1 sales up 8% to $1.66B; net loss narrows to $47M; adjusted EPS $0.13
Polaris Inc.
2026-Q1 EPS reported
-$0.83
revenue$1,658,700,000
- Sales $1.66B (+8% YoY); North America +10%, international -5%.
- Net loss attributable $47M (diluted loss $0.83) vs $67M loss last year; adjusted net income $7.5M, adj EPS $0.13.
- Gross margin 20.2% (+423 bps); adjusted gross margin 20.5% (+389 bps) driven by mix, net price, efficiencies offsetting tariffs.
- ORV retail sales up 3% in North America; market share gains in ORV and snowmobiles.
- Reaffirms FY2026 adjusted sales $7.15-7.30B and adj EPS $1.60-$1.70.