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July 28, 2026 Second Quarter 2026 Earnings Presentation
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Q2 2026 PII Earnings 7/28/26 2 Safe Harbor & Non-GAAP Measures Except for historical information contained herein, the matters set forth in this press release, including, but not limited to, the “2026 Business Outlook” and statements in “CEO Commentary” above are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ materially from those forward-looking statements. Potential risks and uncertainties include such factors as the Company’s ability to successfully implement its manufacturing operations strategy and supply chain initiatives, including its supply chain localization strategy; the Company’s ability to successfully source necessary parts and materials on a timely basis; the ability of the Company to manufacture and deliver products to dealers to meet demand, including as a result of supply chain disruptions, and to identify and meet optimal dealer inventory levels; t the Company’s ability to accurately forecast and sustain consumer demand; the Company’s ability to mitigate increasing input costs through pricing or other measures; the Company’s ability to realize anticipated cost savings and margin improvements from lean manufacturing, operational efficiency, and portfolio optimization initiatives; product offerings, promotional activities and pricing strategies by competitors that may make our products less attractive to consumers; the Company’s ability to strategically invest in innovation and new products, including as compared to our competitors; economic conditions that impact consumer spending or consumer credit, including recessionary conditions and changes in interest rates; disruptions in manufacturing facilities; product recalls and/or warranty expenses; product rework costs; freight and tariff costs (including the timing, amount and finality of tariff relief or other opportunities to mitigate tariffs, particularly in light of the policies of the current presidential administration and retaliatory actions in response thereto); the Company’s ability to derive the expected benefits from the Indian Motorcycle separation including the separation being accretive, within the expected timeline or at all; environmental and product safety regulatory activity; effects of weather on the Company’s supply chain, manufacturing operations and consumer demand; commodity costs; changes to international trade policies and agreements; uninsured product liability and class action claims (including claims seeking punitive damages) and other litigation expenses incurred due to the nature of the Company’s business; impact of changes in Polaris stock price on incentive compensation plan costs; foreign currency exchange rate fluctuations; uncertainty in the consumer retail and wholesale credit markets; performance of affiliate partners; changes in tax policy; relationships with dealers and suppliers; and the general global economic, social and political environment. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission. The Company does not undertake any duty to any person to provide updates to its forward-looking statements except as otherwise may be required by law. The data source for retail sales figures included in this presentation is registration information provided by Polaris dealers in North America and Europe compiled by the Company or Company estimates and other industry data sources. The Company relies on information that its dealers or other third parties supply concerning retail sales, and other retail sales data sources related to Polaris and the powersports industry, and this information is subject to change. Retail sales references to total Company retail sales includes only Polaris Powersports and Marine in North America, unless otherwise noted. This presentation contains certain non-GAAP financial measures, including “adjusted" sales, gross profit margin, (loss) income before income taxes, net (loss) income attributed to Polaris Inc., diluted EPS attributed to Polaris Inc., EPS attributed to Polaris Inc., EBITDA, EBITDA margin, and free cash flow and “operational adjusted” gross profit margin, EBITDA margin, EPS attributed to Polaris, Inc. as measures of our operating performance. Management believes these measures may be useful in performing meaningful comparisons of past and present operating results, and to understand the performance of its ongoing operations and how management views the business. Reconciliations of reported GAAP historic measures to adjusted non-GAAP measures are included in the financial schedules contained in this presentation. These measures, however, should not be construed as an alternative to any other measure of performance determined in accordance with GAAP.
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Second Quarter 2026 Overview(1) Q2 2026 PII Earnings 7/28/26 3 Another Strong Quarter of Better Than Expected Results And Share Gains • Results exceeded expectations across all financial metrics • Sales up 9% with ORV, Commercial, Marine and PG&A all up double digits • North America retail up 4% year-over-year • Gained share in ORV • Dealer inventory remains healthy and aligned with demand trends; down 8% year-over-year • Strong margin expansion driven by positive volume and net price offsetting higher tariff expense and commodities • $74 million in tariff refundsrecorded in the quarter o Operational Adjusted Gross Profit Margin: 20.3% o Operational Adjusted EBITDA Margin: 8.2% o Operational Adjusted EPS: $1.01 • Raising guidance due to better-than-expected operational performance and recorded tariff refunds Total Company Results(1) Second Quarter Drivers Q2’26 Y/Y Change Sales $2,023M 9% Adjusted Gross Profit Margin 23.9% 446 bps Adjusted EBITDA Margin 11.8% 540 bps Adjusted EPS $1.97 $1.57 (1) Please refer to the supporting schedules entitled "Non-GAAP Reconciliation" for reconciliations of adjusted and operational adjusted non-GAAP measures to the most directly comparable GAAP financial measures, which can be found in the appendix of this presentation and on our website at www.ir.polaris.com.
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Second Quarter 2026 North America Retail Update Competitive Portfolio of Products Q2 2026 PII Earnings 7/28/26 4 • Took share in ORV for the 5th straight quarter • Utility continues to grow with strength in RANGER • Consistent pressures impactingRecreation: elevated interest rates and weak consumer confidence • Year-to-date ORV retail up 4% with double-digit growth in Utility POLARIS RETAIL INDUSTRY RETAIL MARKET SHARE Total ORV* MID-SINGLE DIGITS % LOW-SINGLE DIGITS % ORV Utility LOW-TEENS % HIGH-SINGLE DIGITS % ORV Rec* MID-TEENS % MID-TEENS % Pontoons** HIGH-SINGLE DIGITS % HIGH-SINGLE DIGITS % ORV MARINE • Pontoon industry down high single digits % in the quarter • Saw positive retail with our premium pontoons • Volatile retail environment throughout the year • Cautious consumer *Retail, market share and dealer inventory excludes Youth ORV **Pontoon Retail and market share based on May 2026 SSI data, subject to change
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Q2 2025 ORV Utility ORV Rec Seasonal Marine Q2 2026 North America Dealer Inventory (Units) Q2 2026 PII Earnings 7/28/26 5 Polaris at the Dealers Healthy Dealer Inventory Levels Alignment Between Ship and Retail Right Mix of Product Heading Into Model Year Change Dealer Inventory Remains Healthy | Improved Mix of Units at Dealership 8%
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$119 $4 $42 $38 ($11) $5 $74 $239 ($32) Q2 2025 Indian Volume Mix/ Net Price/ Ops Tariffs Operating Expenses FX Tariff Refunds Q2 2026 $1,848 ($109) $210 $63 $11 $2,023 Q2 2025 Indian Volume Mix/ Net Price/ Cost FX Q2 2026 Adjusted Sales Financial Highlights (Y/Y) Adjusted EBITDA Second Quarter 2026 Financial Results(1) Another Strong Quarter With Results Ahead of Expectations Q2 2026 PII Earnings 7/28/26 6 • Quarterly sales of $2.0B, up 9% o Excluding the impacts of the Indian Motorcycle separation, organic sales growth was 17% o ORV, Commercial, Marine and PG&A grew over 10% o Positive contributions from volume and net price (positive price and lower promotions) o Powersports segment international sales up 28% • Adjusted EBITDA margin up 540 bps; Operational Adjusted EBITDA margin up 180 bps o Positive contributions from volume, net price, and mix o Tariff impact in line with expectations o Higher operating expenses • Adjusted EPS of $1.97; Operational Adjusted EPS of $1.01 • Other items: o $74 million of tariff refunds booked in cost of sales o Net interest expense of $34M o Average outstanding diluted shares ~58M 1. Please refer to the supporting schedules entitled "Non-GAAP Reconciliation" for reconciliations of adjusted and operational adjusted non-GAAP measures to the most directly comparable GAAP financial measures, which can be found in the appendix of this presentation and on our website at www.ir.polaris.com. Margin 11.8% Margin 6.4%
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Polaris Powersports Segment – Q2 Summary(1) Another Quarter of Strong Financials and Share Gains Q2 2026 PII Earnings 7/28/26 7 $1,460 $1,543 $1,611 $1,419 $1,715 -8% 8% 11% 14% 17% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Sales Y/Y Growth 20.6% 22.2% 21.3% 20.9% 21.4% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 GP Margin % • Strong RANGER and Commercial sales led to favorable mix • RANGER gained multiple points of Utility SxS share • RANGER portfolio continues to perform well at both the premium and value tiers • Significant demand on data center jobsites for Commercial vehicles • Favorable net pricing • Strong parts sales drove PG&A higher • Operational savings continue to be realized • Strong fundamentals more than offset a higher year-over-year tariff burden • Q2'26 operational adjusted gross profit margin of 21.4% • Majority of Q2 tariff refunds recorded in Powersports segment Wholegoods 16% PG&A 21% North America 16% International 28% Sales 77 bps 1. Please refer to the supporting schedules entitled "Non-GAAP Reconciliation" for reconciliations of adjusted and operational adjusted non-GAAP measures to the most directly comparable GAAP financial measures, which can be found in the appendix of this presentation and on our website at www.ir.polaris.com.
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• Sales growth driven by higher mix of new premium lines in Bennington and Godfrey pontoons • Dealer inventory remains healthy and is down 8% year-over-year • Dealers and consumers remain cautious; Pontoon industry down high- single digits % year-to-date • Higher margins driven by mix • No impact from tariff refunds Polaris Marine Segment – Q2 Summary Premium Mix Driving Both Sales Growth and Margin Expansion Q2 2026 PII Earnings 7/28/26 8 $155 $103 $138 $125 $180 16% 20% 1% 9% 16% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Sales Y/Y Growth 17.1% 11.4% 14.4% 13.0% 17.3% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 GP Margin % Pontoons Deck Boats Sales Deck Boats Hurricane Pontoons Bennington, Godfrey 21 bps
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• Higher year-over-year Goupil shipments more than offset lower shipments at Aixam • Aixam retail was up double digits leading to improved dealer inventory • Higher margin driven by lower warranty expense and increased leverage of fixed costs as a result of higher sales volumes Polaris Aixam & Goupil Segment – Q2 Summary Positive Goupil Results More Than Offset Lower Shipments At Aixam Q2 2026 PII Earnings 7/28/26 9 $81 $77 $103 $67 $86 -6% 15% 14% 9% 6% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Sales Y/Y Growth 26.3% 28.0% 32.1% 28.6% 28.7% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 GP Margin % PG&A 22% Aixam Goupil PG&A Sales 242 bps
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2026 Capital Deployment Priorities Key Financial Metrics (June 30, 2026) Driving Working Capital Efficiencies Financial Position Disciplined Capital Deployment and Continued Focus on Net Working Capital Q2 2026 PII Earnings 7/28/26 10 #1 Priority – Strategic Investments Invest in higher-margin profitable growth #2 Priority – Dividends Dividend Aristocrat – 31 consecutive years of raising dividend #3 Priority – Pay Down Debt Actions to further reduce net leverage ratio; Current net leverage ratio well within covenant Cash $302 Capex (YTD) $74 Total Debt $1,951 Dividends (YTD) $78 Net Leverage Ratio 2.6x • Continue to target a negative working capital position • Lean has allowed better alignment between demand, procurement and build processes • Supply chain localization • Optimizing payables management 2% 4% 5% -2% -1% 2019 2021 2023 2025 2026 Estimated Working Capital % of Sales $ in millions
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2026 Organic Sales +10% in a Flat Industry | Higher Incremental Margin | Robust Adjusted EPS Growth Q2 2026 PII Earnings 7/28/26 11 Full Year 2026 Guidance(1) FY’25 Actual Current FY’26 Guidance updated July 28, 2026 FY’26 Guidance as of March 3, 2026 Adjusted Sales ($ in billions) $7.14B $7.30B to $7.50B 2% to 5% $7.15B to $7.30B Flat to 2% Adjusted EBITDA Margin (% of Sales) 5.7% 250 to 275 bps 100 to 140 bps Adjusted EPS ($0.01) $3.00 to $3.10 $1.60 to $1.70 1. Plea se refer to the supporting schedules entitled "Non-GAAP Reconciliation" for reconciliations of adjusted and operational adjusted non-GAAP measures to the most directly comparable GAAP financial measures, which can be found in the appendix of this presentation and on our website at www.ir.polaris.com. • Raised full year guidance for the second time this year, reflecting strength in our business and outlook • Expect a flattish retail environment in second half of the year • Build = Ship = Retail • Driving lean and operational efficiencies • Operational Adjusted FY EPS expected to be $2.05 to $2.15 • Operational adjusted(1) EBITDA margin up 145 to 170 bps • All guidance metrics exclude any additional tariff refunds
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Manage second half of the year to a flattish retail environment (YTD +3%) • Launch innovative products ▪ Exciting 12 months beginning with our August Dealer Meeting • Build = Ship = Retail • Expect positive net price with model year pricing and lower promotions • Operations poised to meet any signs of increased demand Successfully execute on Transition Service and Supply Agreements related to Indian Motorcycle separation: ~35% complete Continue to drive lean and operational efficiencies Execute our tariff mitigation strategy Positioned to Deliver in 2026 Key Focus Areas for 2026 Q2 2026 PII Earnings 7/28/26 12
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Today: Controlling What We Can Control • Operational Efficiencies: Seeing progress at our plants • Innovation: Continue to take share with new products • Working Capital: Drive attractive cash generation • Dealer Health: Dealer inventory is healthy A Clear Vision to Win • Deliver for our Customers • Advance our #1 Market Share Position in Powersports • Position Polaris for Long -Term Financial Growth Q2 2026 PII Earnings 7/28/26 13 Our Clear Vision to Win: Global Leader in Powersports
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Q2 2026 PII Earnings 7/28/26 14 Q & A
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Q2 2026 PII Earnings 7/28/26 15 Appendix • 2026 Guidance-Key Metrics • GAAP/Non-GAAP Reconciliations • Non-GAAP Reconciliations – Net Loss to Adjusted EBITDA • Non-GAAP Reconciliations – Segments • Non-GAAP Reconciliations – Free Cash Flow • Non-GAAP Reconciliations – Operational Results • Historical Sales Reclassification
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Q2 2026 PII Earnings 7/28/26 16 2026 Guidance – Key Metrics And Operational Viewpoint(1) Key Metric Current FY’26 Guidance updated July 28, 2026 Prior FY’26 Guidance as of March 3, 2026 Operating Expense Down ~2% y/y Down ~5% y/y Interest Expense Unchanged ~$125 million Tax Rate 24% - 25% 26% - 28% Diluted Shares Unchanged ~59 million Depreciation Unchanged Down ~4% y/y Financial Services Income Down ~15% y/y Down ~10% y/y Other Income Unchanged $40 - $45 million Capex Unchanged ~$220 million FY’25 Actual Current FY’26 Guidance Current FY’26 Operational Guidance (w/o tariff refund) Adjusted Sales ($ in billions) $7.14B $7.3B to $7.5B 2% to 5% Adjusted EBITDA Margin (% of Sales) 5.7% 250 to 275 bps 145 to 170 bps Adjusted EPS ($0.01) $3.00 to $3.10 $2.05 to $2.15 1. The Company has not provided reconciliations of guidance for adjusted sales, adjusted EBITDA margin, operational adjusted EBITDA margin, adjusted earnings per share or operational adjusted earnings per share, in reliance on the unreasonable efforts exception provided under Item 10(e)(1)(i)(B) of Regulation S-K. The Company is unable, without unreasonable efforts, to forecast certain items required to develop meaningful comparable GAAP financial measures. These items include product wind downs, restructuring and integration costsassociated with the Indian Motorcycle separation that are difficult to predict in advance in order to include in a GAAP estimate. Guidance Updated July 28, 2026
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Q2 2026 PII Earnings 7/28/26 17 Non-GAAP Reconciliations – Total Company Adjustments: (1) Represents adjustments for integration and acquisition - related expenses (2) Represents adjustments for corporate restructuring (3) Represents adjustments related to product wind downs (4) Represents amortization expense for intangible assets acquired through business combinations (5) Represents adjustments for certain class action litigation - related expenses (6) Represents impairment charges related to strategic investments held by the Company, as well as goodwill and other intangible asset impairment charges (7) Represents charges attributable to payments made in support of a distressed supplier (8) Represents the loss associated with the Company's divestiture of the Indian Motorcycle business, as well as impairment and other charges related to certain other assets sold or classified as held for sale (10) The Company used its estimated statutory tax rate of 23.8% for the non-GAAP adjustments in 2026 and 2025, except for non-deductible items Reconciliation of GAAP "Reported" Results to Non-GAAP "Adjusted" Results (In Millions, Except Per Share Data; Unaudited)
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Q2 2026 PII Earnings 7/28/26 18 Non-GAAP Reconciliations – Net (Loss) Income to Adjusted EBITDA Adjustments: (1) Represents amortization expense for intangible assets acquired through business combinations and asset acquisitions (2) Represents adjustments for integration and acquisition -related expenses (3) Represents adjustments for corporate restructuring (4) Represents adjustments related to product wind downs (5) Represents adjustments for certain class action litigation -related expenses (6) Represents impairment charges related to strategic investments held by the Company, as well as goodwill and other intangible asset impairment charges (7) Represents charges attributable to payments made in support of a distressed supplier (8) Represents the loss associated with the Company's divestiture of the Indian Motorcycle business, as well as impairment and other charges related to certain other assets sold or classified as held for sale Three months ended June 30, Six months ended June 30, Full Year 2026 2025 2026 2025 2025 Adjusted sales 2,022.8 1,847.9 3,681.5 3,384.2 7,142.8 Net income (loss) 106.6 (79.1) 59.4 (145.8) (464.8) Provision (benefit) for income taxes 26.8 (13.5) 16.3 (17.9) (67.9) Interest expense 33.7 33.2 64.1 67.3 131.4 Depreciation 60.7 66.9 119.3 134.3 263.5 Intangible amortization (1) 4.6 6.0 9.2 12.0 23.0 Acquisition-related costs (2) — — — — 0.2 Restructuring (3) 7.5 1.5 16.7 5.5 20.1 Product wind downs (4) — 0.4 — 9.3 10.4 Class action litigation expenses (5) 2.0 1.6 3.4 5.0 8.0 Impairment charges (6) — 102.0 2.2 102.0 155.9 Distressed supplier support payments (7) — — 22.5 — — (Gain) loss on disposal groups (8) (2.5) — 29.1 — 330.4 Adjusted EBITDA $ 239.4 $ 119.0 $ 342.2 $ 171.7 $ 410.2 Adjusted EBITDA Margin 11.8 % 6.4 % 9.3 % 5.1 % 5.7 % Reconciliation of Net Income (Loss) to Adjusted EBITDA (In Millions, Unaudited)
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Q2 2026 PII Earnings 7/28/26 19 Non-GAAP Reconciliations – Segments Adjustments: (1) Represents adjustments for corporate restructuring (2) Represents adjustments related to product wind downs Reconciliation of GAAP Segment Gross Profit to Non-GAAP Segment Gross Profit (In Millions, Unaudited) Three months ended June 30, Six months ended June 30, Full Year 2026 2025 2026 2025 2025 Polaris Powersports segment gross profit $ 429.8 $ 301.2 $ 725.8 $ 507.5 1,192.9 Restructuring (1) 2.7 — 7.8 1.8 2.1 Adjusted Polaris Powersports segment gross profit 432.5 301.2 733.6 509.3 1,195.0 Marine segment gross profit 31.1 26.6 47.4 40.9 72.5 No adjustment — — — — — Adjusted Marine segment gross profit 31.1 26.6 47.4 40.9 72.5 Aixam & Goupil segment gross profit 24.6 21.4 43.7 37.1 91.7 No adjustment — — — — — Adjusted Aixam & Goupil segment gross profit 24.6 21.4 43.7 37.1 91.7 Corporate gross profit (7.2) 10.0 (3.8) 18.7 11.6 Restructuring (1) 3.2 — 3.6 — 4.1 Product wind downs (2) — 0.6 — 9.2 10.2 Adjusted Corporate gross profit (4.0) 10.6 (0.2) 27.9 25.9 Total gross profit 478.3 359.2 813.1 604.2 1,368.7 Restructuring (1) 5.9 — 11.4 1.8 6.2 Product wind downs (2) — 0.6 — 9.2 10.2 Adjusted total gross profit $ 484.2 $ 359.8 $ 824.5 $ 615.2 1,385.1
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Q2 2026 PII Earnings 7/28/26 20 Non-GAAP Reconciliations – Free Cash Flow Key Definitions: This presentation contains certain GAAP financial measures which have been "adjusted" for certain revenues, expenses, gains and losses and include “adjusted" gross profit, income (loss) before taxes, net income (loss), EBITDA, EBITDA margin, and net income (loss) per diluted share (non-GAAP measures) as measures of our operating performance. Management believes these measures may be useful in performing meaningful comparisons of past and present operating results, to understand the performance of its ongoing operations and how management views the business. These measures, however, should not be construed as an alternative to any other measure of performance determined in accordance with GAAP. Reconciliation of GAAP Operating Cash Flow to Non-GAAP Adjusted Free Cash Flow (In Millions, Unaudited) Six months ended June 30, Full Year 2026 2025 2025 Net cash (used for) provided by operating activities (90.0) 403.5 741.0 Purchase of property and equipment, net (73.8) (76.1) (182.9) Distributions from finance affiliate, net 20.1 16.4 47.3 Adjusted free cash flow $ (143.7) $ 343.8 $ 605.4
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Q2 2026 PII Earnings 7/28/26 21 Non-GAAP Reconciliations – Operational Results Reconciliation of Non-GAAP "Adjusted" Results to "Operational Adjusted" Results (In Millions, Unaudited) Three months ended June 30, 2026 Adjusted gross profit margin 23.9 % Exclude: IEEPA tariff refunds (3.6)% Operational adjusted gross profit margin 20.3 % Adjusted Polaris Powersports segment gross profit margin 25.1 % Exclude: IEEPA tariff refunds (3.7)% Operational adjusted Polaris Powersports segment gross profit margin 21.4 % Adjusted EPS attributable to Polaris Inc. $ 1.97 Exclude: IEEPA tariff refunds (0.96) Operational adjusted EPS attributable to Polaris Inc. $ 1.01 Adjusted EBITDA margin 11.8 % Exclude: IEEPA tariff refunds (3.6)% Operational adjusted EBITDA margin 8.2 %
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Q2 2026 PII Earnings 7/28/26 22 Historical Sales Reclassification GAAP FY-24 Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Powersports Sales 5,867.2 1,239.7 1,460.2 1,543.2 1,610.8 5,853.9 Gross Profit 1,202.7 206.3 301.2 342.9 342.5 1,192.9 Marine Sales 480.9 115.4 155.3 103.4 138.3 512.4 Gross Profit 80.6 14.3 26.6 11.8 19.8 72.5 Aixam / Goupil Sales 335.4 61.1 81.2 77.3 102.9 322.5 Gross Profit 108.9 15.7 21.4 21.6 33.0 91.7 Corporate* Sales 491.9 119.6 156.0 117.7 69.9 463.2 Gross Profit 74.6 8.7 10.0 4.0 (11.1) 11.6 Total Polaris Sales 7,175.4 1,535.8 1,852.7 1,841.6 1,921.9 7,152.0 Gross Profit 1,466.8 245.0 359.2 380.3 384.2 1,368.7 Income from continuing operations before income taxes 140.8 (71.1) (92.6) (12.1) (356.9) (532.7) Net Income from continuing operations attributable to Polaris Inc. 110.8 (66.8) (79.3) (15.8) (303.6) (465.5) Diluted EPS from continuing operations attributable to Polaris Inc. 1.95 (1.17) (1.39) (0.28) (5.34) (8.18) NON-GAAP FY-24 Q1-25 Q2-25 Q3-25 Q4-25 FY-25 Powersports Sales 5,867.2 1,239.7 1,460.2 1,543.2 1,610.8 5,853.9 Gross Profit 1,207.0 208.1 301.3 342.9 342.8 1,195.1 Marine Sales 480.9 115.4 155.3 103.4 138.3 512.4 Gross Profit 80.7 14.3 26.6 11.8 19.8 72.5 Aixam / Goupil Sales 335.4 61.1 81.2 77.3 102.9 322.5 Gross Profit 108.9 15.7 21.4 21.6 33.0 91.7 Corporate* Sales 491.2 120.1 151.2 114.1 68.6 454.0 Gross Profit 88.9 17.3 10.5 4.1 (6.1) 25.8 Total Polaris Sales 7,174.7 1,536.3 1,847.9 1,838.0 1,920.6 7,142.8 Gross Profit 1,485.5 255.4 359.8 380.4 389.5 1,385.1 Income from continuing operations before income taxes 231.6 (50.4) 17.3 39.1 4.0 10.0 Net Income from continuing operations attributable to Polaris Inc. 184.8 (51.1) 22.9 23.3 4.4 (0.5) Diluted EPS from continuing operations attributable to Polaris Inc. 3.25 (0.90) 0.40 0.41 0.08 (0.01) Polaris Inc. Reclassified Pro Forma Financial Data (in Millions, Except Per Share Data, Unaudited) April 28th, 2026 Starting in the first quarter of 2026 the Company began reporting under the following reportable segments: Polaris Powersport s, Marine and Aixam & Goupil. For comparative purposes, historical reported and adjusted sales results have been reclassified below into these new reportable segments. Historical reported and adjusted results related to divested businesses, including Indian Motorcycles, are included in Corporate.
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