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Polaris PII Aixam & Goupil — Warranty

Other segment segments

Polaris Powersports
$26.7M
Marine
$4M+25.0%

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Other financials

Income statement

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Revenue$2.0B+9.2%
Gross profit$478.3M+33.2%
Operating income$148.8M+1,253%
Net income$106.4M+234%
EPS (diluted)$1.82+231%

Balance sheet

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Cash & equivalents$302.1M-6.8%
Total debt$2.0B+6.3%
Total equity$836.5M-29.4%
Total assets$5.2B-3.5%

Cash flow

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Operating cash flow-$320.2M-485%
CapEx$44.1M+8.9%
Free cash flow-$349.9M-835%

Valuation

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Market cap$3.99B+34.6%
Enterprise value$5.67B+25.9%
P/S0.5×+0.1×

Profitability

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Gross margin21.2%+2.0pp
Operating margin-2.6%-3.8pp
Net margin-3.5%-18.9pp
FCF margin2.2%-1.1pp

Returns & leverage

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Return on equity-25.8%-51.1pp
Debt / equity2.4×+0.8×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Polaris in its filing.

Tagged under the XBRL concept us-gaap:ProductWarrantyExpense.

The source filing: Polaris’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 3:39 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050104
Line itemPolaris PowersportsMarineAixam & GoupilTotal
Corporate42.3
Consolidated sales2,022.8
Purchased materials, logistics and labor1,218.3142.057.81,418.1
Depreciation and amortization40.42.42.645.4
Warranty26.74.00.831.5
Reportable segment gross profit$429.8$31.1$24.6$485.5
Corporate costs and other - gross profit(7.2)
Total gross profit$478.3

Item 1 – FINANCIAL STATEMENTS

FAQ

What is Polaris's aixam & goupil — warranty?
Polaris (PII) reported aixam & goupil — warranty of $800K in Q2 2026.
What does aixam & goupil — warranty mean?
Represents the estimated costs associated with fulfilling warranty obligations for products sold by the Aixam and Goupil segment. High or increasing levels of this metric may indicate potential quality control issues or changes in product reliability that could impact future profitability.

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