Polaris (PII) Q2 FY26 earnings call

Polaris delivered strong Q2 FY26 results, driven by robust Powersports segment performance, particularly in ORV utility and commercial, and effective operational execution. The company raised its full-year guidance, reflecting both strong first-half performance and tariff refunds, while navigating a cautious consumer environment for recreational products and persistent commodity cost headwinds. Management emphasized continued focus on innovation, dealer health, and lean manufacturing to drive future profitability.