Polaris Swings to 4Q Loss on Charges, Targets 2026 Sales Growth

Dow Jones01-27
 

By Rob Curran

 

Polaris swung to a fourth-quarter loss because of charges related to the sale of its Indian brand, but strong demand for its four-wheelers bolstered revenue and the manufacturer forecast continued sales growth in 2026.

The maker of snowmobiles, all-terrain vehicles and other recreational crafts swung to a loss of $303.6 million, or $5.34 a share from a profit of $10.6 million, or 19 cents a share, a year earlier.

Stripping out certain one-off items such as impairment charges related to its Indian motorcycle unit, which is being sold, Polaris logged adjusted earnings of 8 cents a share, surpassing the average Wall Street target of 4 cents a share.

Fourth-quarter sales rose 9% to $1.92 billion, handily beating the mean analyst target of $1.82 billion. Sales of off-road vehicles such as all-terrain vehicles and snow-mobiles rose 11% to $1.6 billion.

For 2026, Polaris forecast adjusted earnings in a range between $1.50 and $1.60 a share, compared to an adjusted loss of a penny a share in 2025.

The sports-vehicle maker projected sales growth of 1% to 3% from 2025 levels of $7.15 billion.

 

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

January 27, 2026 06:54 ET (11:54 GMT)

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