The financials
Polaris Inc. by the numbers
Polaris Inc. (PII) reported revenue of $1.66B in Q1 2026 (quarter ended March 31, 2026), up 8.0% from the same quarter a year earlier. That came with a gross margin of 20% and net loss of $47M. For the full year FY2025, revenue was $7.15B (−0.3% year on year) and net income −$466M. Its largest segment in 2026-Q2 was Polaris Powersports at $1.22B, 83% of the disclosed total, just ahead of Marine at 12%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.66B | $1.54B | +8.0% |
| Gross profit | $335M | $245M | +37% |
| Operating income | −$39M | −$36M | n/a |
| Net income | −$47M | −$67M | n/a |
| Diluted EPS | −$0.83 | −$1.17 | n/a |
| Operating | Revenue | Share |
|---|---|---|
| Polaris Powersports | $1.22B | 83% |
| Marine | $179M | 12% |
| Aixam Goupil | $75M | 5.1% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.48B (+26%)
Polaris Powersports grew +16% year on yearAixam Goupil +6.2% year on year
Segment Latestquarter on quarteryear on year
- Polaris Powersports$1.22B$1.22BQoQ +23%year on year +16%+23%+16%
- Marine$179.3M$179.3MQoQ +43%year on year +16%+43%+16%
- Aixam Goupil$75.2M$75.2MQoQ +36%year on year +6.2%+36%+6.2%
- Off Road--QoQ -year on year ---
- On Road--QoQ -year on year ---
Consumer Cyclical
Ranks #45 of 255 by Smart Score