Polaris Inc. released third quarter 2026 results showing worldwide sales of $2,043 million, up 11% versus the third quarter of 2025. North America sales of $1,815 million represented 89% of total Company sales and increased 14% from $1,586 million in the third quarter of 2025. International sales of $228 million represented 11% of total Company sales and decreased 11% versus the third quarter of 2025. Total Company sales in the third quarter of 2026 were positively impacted by higher shipment volumes and positive net price partially offset by the divestiture of Indian Motorcycle.
Gross profit margin increased 52 basis points to 21.2% for the third quarter, as compared to the third quarter of 2025. Adjusted gross profit margin of 21.2% increased 53 basis points primarily driven by positive net price and operational efficiencies somewhat offset by higher commodity costs compared to the third quarter of 2025.
Operating expenses were $376 million in the third quarter of 2026, compared to $380 million in the third quarter of 2025. Operating expenses as a%age of sales were 18.4%, down 223 basis points in the third quarter of 2026 compared to the third quarter of 2025.
For the third quarter, net income attributable to Polaris was $38 million, or $0.66 per diluted share, compared to a net loss attributable to Polaris of $16 million, or $0.28 net loss per diluted share in the third quarter of 2025. Adjusted net income attributable to Polaris for the quarter was $63 million and adjusted EPS was $1.08.
