10-Q quarterly report · filed Apr 28, 2026

Polaris Inc. (PII) Q1 2026 10-Q Quarterly Report

Short answer

Polaris Inc. (PII) filed its Q1 2026 10-Q quarterly report on Apr 28, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.7B (up 8.0% year over year) with net income of −$47M.

Q1 2026 key financials · XBRL

Revenue
$1.7B
+8.0% YoY
Net income
−$47M
+29.0% YoY
Operating margin
-2.4%
Gross margin
20.2%
EPS (diluted)
−$0.83
+29.1% YoY

Source: XBRL data from the Polaris Inc. (PII) Q1 2026 10-Q on SEC EDGAR. USD.

Polaris Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1,658.7M, up 8% YoY from $1,535.8M, driven by shipments and higher net pricing
  • Gross margin 20.2% vs 16.0%; adjusted EBITDA margin 6.2% vs 3.4%
  • Best segment Polaris Powersports sales $1,419.2M, up 14%; Aixam & Goupil gross margin 28.6% vs 25.7%
  • Operating cash flow $(320.2)M vs $83.2M; financing cash flow $506.6M from $551.9M net borrowings
  • Tariffs, supply-chain challenges, commodity volatility and consumer pressures as continuing headwinds

Risk Factors

  • Risk-factor section not provided; no new or changed risks identifiable from supplied text
  • Share-repurchase authorization: $1.1 billion available as of March 31, 2026
  • No director or officer adopted, modified, or terminated Rule 10b5-1 arrangements during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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