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Polaris Industries Earnings Calls
| Release date | Apr 27, 2026 |
| EPS estimate | -$0.430 |
| EPS actual | $0.130 |
| EPS Surprise | 130.23% |
| Revenue estimate | 1.628B |
| Revenue actual | 1.659B |
| Revenue Surprise | 1.93% |
| Release date | Jan 27, 2026 |
| EPS estimate | $0.0600 |
| EPS actual | $0.0800 |
| EPS Surprise | 33.33% |
| Revenue estimate | 1.815B |
| Revenue actual | 1.922B |
| Revenue Surprise | 5.90% |
| Release date | Oct 28, 2025 |
| EPS estimate | $0.370 |
| EPS actual | $0.410 |
| EPS Surprise | 10.81% |
| Revenue estimate | 1.786B |
| Revenue actual | 1.842B |
| Revenue Surprise | 3.11% |
| Release date | Jul 29, 2025 |
| EPS estimate | $0.0500 |
| EPS actual | $0.400 |
| EPS Surprise | 700.00% |
| Revenue estimate | 1.674B |
| Revenue actual | 1.853B |
| Revenue Surprise | 10.65% |
Last 4 Quarters for Polaris Industries
Below you can see how PII performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 29, 2025 |
| Price on release | $57.81 |
| EPS estimate | $0.0500 |
| EPS actual | $0.400 |
| EPS surprise | 700.00% |
| Date | Price |
|---|---|
| Jul 23, 2025 | $53.48 |
| Jul 24, 2025 | $49.61 |
| Jul 25, 2025 | $50.24 |
| Jul 28, 2025 | $49.48 |
| Jul 29, 2025 | $57.81 |
| Jul 30, 2025 | $53.02 |
| Jul 31, 2025 | $52.91 |
| Aug 01, 2025 | $49.62 |
| Aug 04, 2025 | $50.43 |
| 4 days before | 8.10% |
| 4 days after | -12.77% |
| On release day | -8.29% |
| Change in period | -5.70% |
| Release date | Oct 28, 2025 |
| Price on release | $67.41 |
| EPS estimate | $0.370 |
| EPS actual | $0.410 |
| EPS surprise | 10.81% |
| Date | Price |
|---|---|
| Oct 22, 2025 | $66.11 |
| Oct 23, 2025 | $68.06 |
| Oct 24, 2025 | $70.85 |
| Oct 27, 2025 | $71.19 |
| Oct 28, 2025 | $67.41 |
| Oct 29, 2025 | $67.60 |
| Oct 30, 2025 | $67.29 |
| Oct 31, 2025 | $66.10 |
| Nov 03, 2025 | $65.65 |
| 4 days before | 1.97% |
| 4 days after | -2.61% |
| On release day | 0.282% |
| Change in period | -0.696% |
| Release date | Jan 27, 2026 |
| Price on release | $66.18 |
| EPS estimate | $0.0600 |
| EPS actual | $0.0800 |
| EPS surprise | 33.33% |
| Date | Price |
|---|---|
| Jan 21, 2026 | $69.94 |
| Jan 22, 2026 | $70.92 |
| Jan 23, 2026 | $69.09 |
| Jan 26, 2026 | $69.11 |
| Jan 27, 2026 | $66.18 |
| Jan 28, 2026 | $64.94 |
| Jan 29, 2026 | $64.68 |
| Jan 30, 2026 | $63.84 |
| Feb 02, 2026 | $64.35 |
| 4 days before | -5.38% |
| 4 days after | -2.77% |
| On release day | -1.87% |
| Change in period | -7.99% |
| Release date | Apr 27, 2026 |
| Price on release | $61.03 |
| EPS estimate | -$0.430 |
| EPS actual | $0.130 |
| EPS surprise | 130.23% |
| Date | Price |
|---|---|
| Apr 21, 2026 | $61.41 |
| Apr 22, 2026 | $58.53 |
| Apr 23, 2026 | $59.41 |
| Apr 24, 2026 | $60.04 |
| Apr 27, 2026 | $61.03 |
| Apr 28, 2026 | $66.50 |
| Apr 29, 2026 | $67.22 |
| Apr 30, 2026 | $66.27 |
| May 01, 2026 | $66.42 |
| 4 days before | -0.619% |
| 4 days after | 8.83% |
| On release day | 8.96% |
| Change in period | 8.16% |
Polaris Industries Earnings Call Transcript Summary of Q1 2026
Polaris reported a strong start to 2026 with first-quarter sales up 8% (approximately 14% organically excluding Indian Motorcycle) and adjusted EPS of $0.13 (would have been $0.26 excluding Indian). Power Sports led growth—driven by the RANGER utility lineup, commercial demand, and snowmobiles—and PG&A grew with higher parts and apparel sales. Dealer inventories are healthy and more aligned with retail. Margins improved despite tariff headwinds: gross margin expanded ~389–422 bps and adjusted EBITDA margin rose ~277–280 bps, aided by favorable mix, net pricing and operational efficiencies. Tariffs remain a material uncertainty; Polaris expects roughly $215 million of tariff costs for the year (excluding potential EPA refunds) and is executing a mitigation plan to reduce China-sourced material to under 5% of material COGS by end of 2027. Management reiterated a disciplined capital allocation focus on higher‑margin growth, dividends (31st consecutive year of increases), debt reduction, and continued lean-driven cost savings (~$240M structural savings achieved so far). They reaffirmed their updated guidance (Q2 sales +5%–7%; Q2 adjusted EPS $0.70–$0.80) but remain conservative due to external uncertainties (consumer strength, energy prices, evolving tariff policy).
