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October 27, 2026 Third Quarter 2026 Earnings Presentation
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Q3 2026 PII Earnings 10/27/26 2 Safe Harbor & Non-GAAP Measures Except for historical information contained herein, the matters set forth in this presentation 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; 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, organic sales growth, 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 attributable 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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Third Quarter 2026 Overview 1 Q3 2026 PII Earnings 10/27/26 3 Results Exceeded Expectations Across All Financial Metrics • Sales up 11% with double-digit growth in Commercial, Gov. & Defense, Marine and PG&A, plus strong growth in Seasonal due to increased y/y snowmobile shipments • North America Utility ORV retail up 6% and total ORV retail up 2% • Gained share in ORV for the sixth consecutive quarter • Dealer inventory remains healthy • Strong margin expansion driven by positive volume, net price and operational efficiencies somewhat offset by higher commodities • $10 million in tariff refundsand related interest recorded in the quarter o Operational Adjusted Gross Profit Margin: 20.9% o Operational Adjusted EBITDA Margin: 8.5% o Operational Adjusted EPS: $0.95 • Raising guidance again due to better-than-expected operational performance and recorded tariff refunds Total Company Results Third Quarter Drivers Q3‘26 Y/Y Change Adjusted Sales $2,042M 11% Adjusted Gross Profit Margin 21.2% 53 bps Adjusted EBITDA Margin 8.8% 118 bps Adjusted EPS $1.08 $0.67 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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Third Quarter 2026 North America Retail Update Winning at Dealerships With Innovation | 6th Straight Quarter of Share Gains in ORV Q3 2026 PII Earnings 10/27/26 4 • Highest Q3 ORV share since 2019 • Utility continues to grow with strength in RANGER and cabbed units • Consistent pressures impacting Recreation: elevated interest rates and weak consumer confidence • Year-to-date ORV retail up 3% with high single -digit growth in Utility POLARIS RETAIL INDUSTRY RETAIL MARKET SHARE Total ORV* LOW-SINGLE DIGITS % FLAT ORV Utility MID-SINGLE DIGITS % MID-SINGLE DIGITS % ORV Rec* MID-TEENS % MID-TEENS % Pontoons** LOW-DOUBLE % LOW-TEENS % ORV MARINE • Pontoon industry down low teens % in the quarter • Saw positive retail with our premium pontoons • Dealers cautious heading into 2027 boating season *Retail, market share and dealer inventory excludes Youth ORV **Pontoon Retail and market share based on August 2026 SSI data, subject to change
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Q3 2025 ORV Utility ORV Rec Seasonal Marine Q3 2026 North America Dealer Inventory (Units) Q3 2026 PII Earnings 10/27/26 5 Polaris at the Dealers Healthy Dealer Inventory Levels and Mix Alignment Between Ship and Retail New Products Shipping to Dealers Dealer Inventory Remains Healthy | Low Mix of Non-Current Inventory 3%
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$1,838 ($96) $284 $16 $2,042 Q3 2025 Indian Volume Mix/ Net Price/ Cost Q3 2026 $140 $15 $61 $14 ($12) ($39) ($5) $6 $180 Q3 2025 Indian Volume Mix/ Net Price/ Ops Tariffs Operating Expenses FX Tariff Refunds Q3 2026 Adjusted Sales Financial Highlights (Y/Y) Adjusted EBITDA Third Quarter 2026 Financial Results 1 Strong Execution Drives Results Above Expectations Q3 2026 PII Earnings 10/27/26 6 • Quarterly sales of $2.0B, up 11% • Excluding the impacts of the Indian Motorcycle separation, organic sales growth was 17% • Strong growth across all major Powersports product lines o PG&A grew 12% • Positive contributions from volume and net price (positive price and lower promotions) o Earlier than expected shipments of snowmobiles • Powersports international sales up 10% • Adjusted EBITDA margin up 118 bps; Operational Adjusted EBITDA margin up 86 bps • Positive contributions from net price and volume more than offset higher commodity costs • Higher operating expenses driven by higher PG&A • Adjusted EPS of $1.08; Operational Adjusted EPS of $0.95 • Other items: • $10 million of tariff refunds booked primarily in cost of sales • Net interest expense of $28M • Average outstanding diluted shares ~59M 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 8.8% Margin 7.6%
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Polaris Powersports Segment – Q3 Summary Powersports Continues To Perform At A High Level Q3 2026 PII Earnings 10/27/26 7 $1,543 $1,611 $1,419 $1,715 $1,822 8% 11% 14% 17% 18% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Sales Y/Y Growth 22.2% 21.3% 20.9% 21.4% 1 22.0% 1 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 GP Margin % • Strong growth across major product lines: ORV, Seasonal, Commercial and Gov. & Defense o Utility sales make up approximately 60% of Powersports sales o RANGER portfolio continues to perform well at both the premium and value tiers o Over 50% of RANGER retail sales were cabbed units o Higher year -over-year snow shipments ahead of the season • Favorable net pricing • Strong parts sales drove PG&A higher • Operational efficiencies offset a portion of higher commodity costs • Q3‘26 operational adjusted gross profit margin of 22.0%1 o Majority of Q3 tariff refunds recorded in Powersports segment Wholegoods 18% PG&A 19% North America 19% International 10% Sales 19 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 3% year-over-year • Dealers and consumers remain cautious given macro environment • Pontoon industry down mid-single digits % year-to-date • Higher margins driven by mix Marine Segment – Q3 Summary Premium Mix Driving Both Sales Growth and Margin Expansion Q3 2026 PII Earnings 10/27/26 8 $103 $138 $125 $180 $133 20% 1% 9% 16% 29% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Sales Y/Y Growth 11.4% 14.4% 13.0% 17.3% 11.9% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 GP Margin % Pontoons Deck Boats Sales Deck Boats Hurricane Pontoons Bennington, Godfrey 43 bps
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• Fewer shipments at Aixam to help align dealer inventory to retail heading into the new year • Lower margins driven by the reduction in volumes Aixam & Goupil Segment – Q3 Summary Fewer Shipments Drove Lower Sales and Margin Q3 2026 PII Earnings 10/27/26 9 $77 $103 $67 $86 $68 15% 14% 9% 6% -12% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Sales Y/Y Growth 28.0% 32.1% 28.6% 28.7% 27.5% Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 GP Margin % Aixam Goupil PG&A Sales 47 bps
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2026 Capital Deployment Priorities Key Financial Metrics (September 30, 2026) Driving Working Capital Efficiencies Financial Position Efforts to Reduce Net Leverage Ratio Paying Off Q3 2026 PII Earnings 10/27/26 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) $140 Total Debt $1,628 Dividends (YTD) $116 Net Leverage Ratio 2.0x • Continue to target a negative working capital position • Lean has enabled better alignment between demand, procurement and build processes • Supply chain localization • Optimizing payables management 2% 4% 5% -2% -2% 2019 2021 2023 2025 2026 Estimated Working Capital % of Sales $ in millions
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Organic Sales +11% In A Low-Single Digit Growth Environment | Higher Incremental Margin Q3 2026 PII Earnings 10/27/26 11 Full Year 2026 Guidance 1 FY‘25 Actual Current FY‘26 Guidance updated October 27, 2026 FY‘26 Guidance as of July 28, 2026 Adjusted Sales ($ in billions) $7.14B $7.55B to $7.60B ~6% $7.30B to $7.50B 2% to 5% Adjusted EBITDA Margin (% of Sales) 5.7% 270 to 275 bps 250 to 275 bps Adjusted EPS ($0.01) $3.50 to $3.60 $3.00 to $3.10 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. • Raised full year guidance for the third time this year, reflecting strength in our business and outlook • Expect modest retail growth o Build = Ship = Retail • Driving lean and operational efficiencies • Operational Adjusted FY EPS expected to be $2.40 to $2.50 o Operational adjustedEBITDA margin up 165 to 170 bps • All guidance metrics exclude any additional tariff refunds
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Continue To Focus On What We Can Control Q3 2026 PII Earnings 10/27/26 12 2027 Initial Thoughts • Monitoring volatile retail environment • Continuing to balance dealer inventory: Build = Ship = Retail Demand and Inventory • Preparing to launch innovative new products in our core markets • Shifting mix toward cabbed units Products and Mix • Expecting higher commodity costs • Driving further operational efficiencies and expense leverage • Executing tariff mitigation strategy by minimizing exposure to China Operating Performance • Managing net leverage ratio between 1.0x – 2.0x • Increasing flexibility to return capital to shareholders Balance Sheet
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Manage build and ship to low -single digit growth retail environment (YTD +2%) • Launch innovative products o Polaris XPEDITION with Numatix, RZR Pro R Boost and Sportsman 500 • 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: ~40% complete Continue to drive lean and operational efficiencies Execute our tariff mitigation strategy Positioned to Deliver in 2026 Key Focus Areas for 2026 Q3 2026 PII Earnings 10/27/26 13
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Q3 2026 PII Earnings 10/27/26 14 Q & A
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Q3 2026 PII Earnings 10/27/26 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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Q3 2026 PII Earnings 10/27/26 16 2026 Guidance – Key Metrics And Operational Viewpoint 1 Key Metric Current FY‘26 Guidance updated Oct. 27, 2026 Prior FY‘26 Guidance as of July 28, 2026 Operating Expense up ~1% y/y Down ~2% y/y Interest Expense ~$120 million ~$125 million Tax Rate ~25% 24% - 25% Diluted Shares ~58.5 million ~59 million Depreciation Down ~8% y/y Down ~4% y/y Financial Services Income Down ~20% y/y Down ~15% y/y Other Income $45 - $50 million $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 $7.55B to $7.60B ~6% Adjusted EBITDA Margin (% of Sales) 5.7% 270 to 275 bps 165 to 170 bps Adjusted EPS ($0.01) $3.50 to $3.60 $2.40 to $2.50 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 October 27, 2026
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Q3 2026 PII Earnings 10/27/26 17 Non-GAAP Reconciliations – Total Company Reconciliation of GAAP "Reported" Results to Non-GAAP "Adjusted" Results (In Millions, Except Per Share Data; Unaudited) 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 pending class action lawsuit settlements and the related litigation costs, as well as certain legal costs associated with the Company's active federal patent infringement matter (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 separation of the Company's Indian Motorcycle business, as well as impairment and other charges related to certain other assets sold or classified as held for sale (9) 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
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Q3 2026 PII Earnings 10/27/26 18 Non-GAAP Reconciliations – Net (Loss) Income to Adjusted EBITDA Three months ended September 30, Nine months ended September 30, Full Year 2026 2025 2026 2025 2025 Adjusted sales 2,041.8 1,838.0 5,723.3 5,222.2 7,142.8 Net income (loss) 38.6 (15.7) 98.0 (161.5) (464.8) Provision (benefit) for income taxes 17.6 3.6 33.9 (14.3) (67.9) Interest expense 28.2 33.1 92.3 100.4 131.4 Depreciation 63.0 66.7 182.3 201.0 263.5 Intangible amortization (1) 4.6 5.9 13.8 17.9 23.0 Acquisition-related costs (2) — 0.1 — 0.1 0.2 Restructuring (3) 1.6 2.7 18.3 8.2 20.1 Product wind downs (4) — 0.2 — 9.5 10.4 Litigation-related expenses (5) 24.6 1.5 28.0 6.5 8.0 Impairment charges (6) — — 2.2 102.0 155.9 Distressed supplier support payments (7) — — 22.5 — — Loss on disposal groups (8) 1.8 42.3 30.9 42.3 330.4 Adjusted EBITDA $ 180.0 $ 140.4 $ 522.2 $ 312.1 $ 410.2 Adjusted EBITDA Margin 8.8 % 7.6 % 9.1 % 6.0 % 5.7 % Reconciliation of Net Income (Loss) to Adjusted EBITDA (In Millions, Unaudited) 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 pending class action lawsuit settlements and the related litigation costs, as well as certain legal costs associated with the Company's active federal patent infringement matter (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 separation of the Company's Indian Motorcycle business, as well as impairment and other charges related to certain other assets sold or classified as held for sale
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Q3 2026 PII Earnings 10/27/26 19 Non-GAAP Reconciliations – Segments Adjustments: (1) Represents adjustments for corporate restructuring (2) Represents adjustments related to product wind downs Three months ended September 30, Nine months ended September 30, Full Year 2026 2025 2026 2025 2025 Polaris Powersports segment gross profit $ 405.8 $ 342.9 $ 1,131.6 $ 850.4 1,192.9 Restructuring (1) 1.9 — 9.7 1.8 2.2 Adjusted Polaris Powersports segment gross profit 407.7 342.9 1,141.3 852.2 1,195.1 Marine segment gross profit 15.8 11.8 63.2 52.7 72.5 No adjustment — — — — — Adjusted Marine segment gross profit 15.8 11.8 63.2 52.7 72.5 Aixam & Goupil segment gross profit 18.7 21.6 62.4 58.7 91.7 No adjustment — — — — — Adjusted Aixam & Goupil segment gross profit 18.7 21.6 62.4 58.7 91.7 Corporate gross profit (7.9) 4.0 (11.7) 22.7 11.6 Restructuring (1) (0.9) — 2.7 — 4.0 Product wind downs (2) — 0.1 — 9.3 10.2 Adjusted Corporate gross profit (8.8) 4.1 (9.0) 32.0 25.8 Total gross profit 432.4 380.3 1,245.5 984.5 1,368.7 Restructuring (1) 1.0 — 12.4 1.8 6.2 Product wind downs (2) — 0.1 — 9.3 10.2 Adjusted total gross profit $ 433.4 $ 380.4 $ 1,257.9 $ 995.6 1,385.1 Reconciliation of GAAP Segment Gross Profit to Non-GAAP Segment Gross Profit (In Millions, Unaudited)
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Q3 2026 PII Earnings 10/27/26 20 Non-GAAP Reconciliations – Free Cash Flow Reconciliation of GAAP Operating Cash Flow to Non-GAAP Adjusted Free Cash Flow (In Millions, Unaudited) Nine months ended September 30, Full Year 2026 2025 2025 Net cash provided by operating activities 291.8 562.3 741.0 Purchase of property and equipment, net (140.3) (118.2) (182.9) Distributions from finance affiliate, net 67.8 41.4 47.3 Adjusted free cash flow $ 219.3 $ 485.5 $ 605.4
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Q3 2026 PII Earnings 10/27/26 21 Non-GAAP Reconciliations – Operational Results Reconciliation of Non-GAAP "Adjusted" Results to "Operational Adjusted" Results (In Millions, Unaudited) Three months ended September 30, 2026 Adjusted gross profit margin 21.2 % Exclude: IEEPA tariff refunds (0.3)% Operational adjusted gross profit margin 20.9 % Adjusted Polaris Powersports segment gross profit margin 22.4 % Exclude: IEEPA tariff refunds (0.4)% Operational adjusted Polaris Powersports segment gross profit margin 22.0 % Adjusted EPS attributable to Polaris Inc. $ 1.08 Exclude: IEEPA tariff refunds (0.13) Operational adjusted EPS attributable to Polaris Inc. $ 0.95 Adjusted EBITDA margin 8.8 % Exclude: IEEPA tariff refunds (0.3)% Operational adjusted EBITDA margin 8.5 %
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Q3 2026 PII Earnings 10/27/26 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 Powerspor ts, 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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