$PII
POLARIS INDUSTRIES INC/MN
CIK:0000931015|SEC Filings
Consolidated Statements Of Loss - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Sales | $ 2,022.8 | $ 1,852.7 | $ 3,681.5 | $ 3,388.5 |
| Cost of sales | 1,544.5 | 1,493.5 | 2,868.4 | 2,784.3 |
| Gross profit | 478.3 | 359.2 | 813.1 | 604.2 |
| Operating expenses: | ||||
| Selling and marketing | 112.3 | 124.6 | 225.9 | 242.2 |
| Research and development | 93.6 | 90.3 | 175.9 | 173.2 |
| General and administrative | 142.9 | 127.4 | 305.4 | 230.1 |
| Goodwill impairment | 0.0 | 52.6 | 0.0 | 52.6 |
| (Gain) loss on disposal groups | (2.5) | 0.0 | 29.1 | 0.0 |
| Total operating expenses | 346.3 | 394.9 | 736.3 | 698.1 |
| Operating income (loss) | 148.8 | (12.9) | 109.7 | (49.0) |
| Non-operating expense: | ||||
| Interest expense | 33.7 | 33.2 | 64.1 | 67.3 |
| Other (income) expense, net | (18.3) | 46.5 | (30.1) | 47.4 |
| Income (loss) before income taxes | 133.4 | (92.6) | 75.7 | (163.7) |
| Provision (benefit) for income taxes | 26.8 | (13.5) | 16.3 | (17.9) |
| Net income (loss) | 106.6 | (79.1) | 59.4 | (145.8) |
| Net income attributable to noncontrolling interest | (0.2) | (0.2) | (0.4) | (0.3) |
| Net income (loss) attributable to Polaris Inc. | $ 106.4 | $ (79.3) | $ 59.0 | $ (146.1) |
| Basic (in usd per share) | $ 1.85 | $ (1.39) | $ 1.03 | $ (2.57) |
| Diluted (in usd per share) | $ 1.82 | $ (1.39) | $ 1.01 | $ (2.57) |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 57.5 | 57.0 | 57.4 | 56.9 |
| Diluted (in shares) | 58.3 | 57.0 | 58.3 | 56.9 |
| Income from financial services | ||||
| Operating expenses: | ||||
| Income from financial services | $ 16.8 | $ 22.8 | $ 32.9 | $ 44.9 |