Polaris Inc. reported Q1 2026 results: revenue $1,658.7 million, net income $(47.4) million, EPS $(0.83). Guidance reaffirmed.
“this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- First Quarter 2026 Earnings Results April 28, 2026 FINANCIAL AND OPERATIONAL HIGHLIGHTS • First quarter sales were $1,659 million, up eight percent compared to last year. • First quarter reported diluted loss per share was $0.83; adjusted diluted net income per share was $0.13. • Primary factors affecting”
Restructurings & Charges
Polaris Inc. announced a impairment with charges of approximately $275 million to $325 million, or approximately $230 million to $280 million net of an expected tax benefit of approximately $45 million affecting Indian Motorcycle Business.
“On October 10, 2025, certain wholly owned subsidiaries of the Company entered into a definitive agreement to sell the Indian Motorcycle Business. Under U.S. generally accepted accounting principles, the Indian Motorcycle Business will be classified as held for sale. Accordingly, the Company will be required to record the assets related to the Indian Motorcycle Business at fair value, less an amount of estimated transaction costs. Further, the Company recorded related impairment charges in the third quarter of 2025. The Company currently expects estimated pre-tax charges of approximately $275 million to $325 million, or approximately $230 million to $280 million net of an expected tax benefit of approximately $45 million.”
Stephen L. Eastman departed as President of Parts, Garments, and Accessories (PG&A) and Aftermarket at Polaris Inc..
“On November 19, 2024, Stephen L. Eastman, President of Parts, Garments, and Accessories (PG&A) and Aftermarket, of Polaris Inc. (the “Company”), informed the Company of his decision to retire effective December 31, 2024.”
Steven D. Menneto departed as President - Off Road at Polaris Inc..
“On Wednesday, July 17, 2024, Steven D. Menneto, President - Off Road of Polaris Inc. (the "Company"), informed the Company of his decision to depart the Company for a new career opportunity effective July 19, 2024.”
Shareholder Votes
Polaris Inc. shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for fiscal 2024 at the 2024-04-25 meeting.
“The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2024 was ratified: For Against Abstain % Voted For 50,070,504 1,511,441 186,646 97.1%”
Shareholder Votes
Polaris Inc. shareholders approved Approval of the Polaris Inc. 2024 Omnibus Incentive Plan at the 2024-04-25 meeting.
“The Polaris Inc. 2024 Omnibus Incentive Plan was approved: For Against Abstain Broker Non-Votes % Voted For 39,521,003 5,433,636 341,337 6,472,615 87.9%”
Shareholder Votes
Polaris Inc. shareholders approved Advisory vote on executive compensation at the 2024-04-25 meeting.
“The compensation of the Company’s named executive officers was approved in a non-binding advisory vote: For Against Abstain Broker Non-Votes % Voted For 42,339,803 2,684,586 271,587 6,472,615 94.0%”
Shareholder Votes
Polaris Inc. shareholders approved Election of Class III directors at the 2024-04-25 meeting.
“The following nominees were elected as Class III members of the Board of Directors of the Company for three-year terms ending in 2027: Name For Against Abstain Broker Non-Votes % Voted For Kevin M. Farr 43,675,313 1,137,326 483,337 6,472,615 97.5% Darryl R. Jackson 41,453,946 3,310,908 531,122 6,472,615 92.6% Michael T. Speetzen 43,664,712 1,420,759 210,505 6,472,615 96.8% John P. Wiehoff 37,089,621 7,779,655 426,700 6,472,615 82.7%”
Earnings Releases
Polaris Inc. reported first quarter 2024 results: revenue $1,736 million, net income $4 million, EPS $0.07. Guidance reaffirmed.
“this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- First Quarter 2024 Earnings Results April 23, 2024 FINANCIAL AND OPERATIONAL HIGHLIGHTS • First quarter sales were $1,736 million, down 20 percent compared to last year. • First quarter reported diluted earnings per share was $0.07, down 96 percent versus last year; adjusted diluted earnings per share was”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.