Polaris Inc.
For the period ended Mar 31, 2026. Filed Apr 28, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 28, 2026
PII$67.14+6.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Loss
(In millions, except per share data)
| Three months ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Sales | $1,658.7 | $1,535.8 |
| Cost of sales | 1,323.9 | 1,290.8 |
| Gross profit | 334.8 | 245.0 |
| Operating expenses: | ||
| Selling and marketing | 113.6 | 117.6 |
| Research and development | 82.3 | 82.9 |
| General and administrative | 162.5 | 102.7 |
| Loss on disposal groups | 31.6 | — |
| Total operating expenses | 390.0 | 303.2 |
| Income from financial services | 16.1 | 22.1 |
| Operating loss | (39.1) | (36.1) |
| Non-operating expense: | ||
| Interest expense | 30.4 | 34.1 |
| Other (income) expense, net | (11.8) | 0.9 |
| Loss before income taxes | (57.7) | (71.1) |
| Benefit for income taxes | (10.5) | (4.4) |
| Net loss | (47.2) | (66.7) |
| Net income attributable to noncontrolling interest | (0.2) | (0.1) |
| Net loss attributable to Polaris Inc. | $(47.4) | $(66.8) |
| Net loss per share attributable to Polaris Inc. common shareholders: | ||
| Basic | $(0.83) | $(1.17) |
| Diluted | $(0.83) | $(1.17) |
| Weighted average shares outstanding: | ||
| Basic | 57.4 | 56.9 |
| Diluted | 57.4 | 56.9 |
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