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)
Copyright (c) 2026 Dow Jones & Company, Inc.
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