Polaris Inc. Q3 2025 Earnings Release

Polaris Inc. announced its third quarter 2025 financial results, reporting sales of $1,842 million, a 7% increase compared to the same period last year. The company experienced a reported diluted loss per share of $0.28, while the adjusted diluted net income per share was $0.41. Key drivers for the quarter included higher-than-expected shipments and a favorable product mix in off-road vehicles (ORV). The company also reported a year-to-date operating cash flow of $562 million and market share gains in ORV and motorcycles. Polaris reintroduced its full-year 2025 adjusted sales and earnings guidance, expecting adjusted sales to be between $6.9 billion and $7.1 billion and adjusted EPS of approximately ($0.05). The company highlighted operational discipline, dealer inventory alignment, and innovation as key factors positioning it for future growth.