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Polaris Inc. reported a continued sales recovery in Q2, led by utility off-road vehicles. Recreational demand remains volatile. PII's margins were very strong, but a good part of year-on-year margin gains are explained by a one-off tariff refund. A raised 2026 guidance creates a cautiously optimistic outlook ahead for PII.

Polaris Inc. (PII) Q2 2026 Earnings Call July 28, 2026 9:00 AM EDT

Company Participants

J.C. Weigelt - Vice President of Investor Relations
Michael Speetzen - CEO & Director
Robert Mack - CFO, Executive VP of Finance & Corporate Development

Conference Call Participants

Noah Zatzkin - KeyBanc Capital Markets Inc., Research Division
Joseph Altobello - Raymond James & Associates, Inc., Research Division
Craig Kennison - Robert W. Baird & Co. Incorporated, Research Division
Molly Baum - Morgan Stanley, Research Division
Gerrick Johnson - Seaport Research Partners
James Hardiman - Citigroup Inc., Research Division
Anthony Bonadio - Wells Fargo Securities, LLC, Research Division
Joseph Nolan - Longbow Research LLC

Presentation

Operator

Good day, and welcome to the Polaris Quarter 2 2026 Earnings Call and Webcast. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to J.C. Weigelt, Vice President of Investor Relations. Please go ahead.

J.C. Weigelt
Vice President of Investor Relations

Thank you, Bailey, and good morning or afternoon, everyone. I'm J.C. Weigelt, Vice President of Investor Relations. Thank you for joining us for our 2026 second quarter earnings call. We will reference a slide presentation today, which is accessible on our website at ir.polaris.com.

Joining me on the call today are Mike Speetzen, our Chief Executive Officer; and Bob Mack, our Chief Financial Officer. Both have prepared remarks summarizing our 2026 second quarter results as well as our expectations for the remainder of 2026, then we'll take your questions.

During the call, we will be discussing various topics, which should be considered forward-looking for the purpose of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projections in the forward-looking statements. You can refer to our 2025 10-K and our other filings with the SEC for additional details regarding risks and uncertainties.

For the quarter ended June 2026, Polaris Inc (PII - Free Report) reported revenue of $2.02 billion, up 9.2% over the same period last year. EPS came in at $1.97, compared to $0.40 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.97 billion, representing a surprise of +2.51%. The company delivered an EPS surprise of +155.84%, with the consensus EPS estimate being $0.77.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Polaris Inc performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Sales- Polaris Powersports: $1.72 billion versus the four-analyst average estimate of $1.7 billion.Sales- Marine: $179.5 million compared to the $162.57 million average estimate based on four analysts.Sales- Aixam & Goupil: $85.8 million versus the four-analyst average estimate of $86.85 million.Sales- Corporate: $42.3 million versus $28.33 million estimated by three analysts on average.Gross Profit- Polaris Powersports: $429.8 million versus $340.09 million estimated by two analysts on average.Gross Profit- Aixam & Goupil: $24.6 million versus $17.61 million estimated by two analysts on average.Gross Profit- Marine: $31.1 million versus the two-analyst average estimate of $28.78 million.View all Key Company Metrics for Polaris Inc here>>>

Shares of Polaris Inc have returned +5.1% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

, /PRNewswire/ -- Polaris Inc. (NYSE: PII) reported second quarter 2026 financial results today through an earnings release posted on the Company's Investor Relations website at ir.polaris.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and is available at sec.gov. The Company will also hold a conference call with analysts and investors today at 8:00 a.m. CT.

Conference Call and Webcast Details

The call and webcast can be accessed via the Webcast link on our website at ir.polaris.com or by dialing 1-877-883-0383 in the U.S. or 1-412-902-6506 Internationally using access code 0006420. Related presentation materials and a replay of the webcast will also be accessible on our website at ir.polaris.com, and a replay of the call will be available by dialing 1-855-669-9658 in the U.S., or 1-412-317-0088 Internationally using access code 2239806. 

About Polaris

As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

SOURCE Polaris Inc.

Posted by Defense World Staff on Jul 22nd, 2026

Bessemer Group Inc. grew its stake in Polaris Inc. (NYSE:PII – Free Report) by 50.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,150 shares of the company’s stock after acquiring an additional 23,415 shares during the quarter. Bessemer Group Inc. owned 0.12% of Polaris worth $3,823,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PII. Independent Financial Group LLC bought a new stake in Polaris in the first quarter valued at approximately $263,000. State of Michigan Retirement System increased its position in shares of Polaris by 2.4% in the 1st quarter. State of Michigan Retirement System now owns 12,879 shares of the company’s stock valued at $702,000 after buying an additional 300 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Polaris by 60.8% in the 1st quarter. Principal Financial Group Inc. now owns 186,166 shares of the company’s stock valued at $10,146,000 after buying an additional 70,421 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in Polaris by 24.7% during the 1st quarter. Chicago Partners Investment Group LLC now owns 4,605 shares of the company’s stock worth $270,000 after buying an additional 913 shares during the period. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in Polaris by 87.0% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 34,937 shares of the company’s stock worth $1,905,000 after acquiring an additional 16,252 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In A number of equities research analysts have recently commented on the company. Morgan Stanley dropped their price target on Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 19th. Zacks Research lowered shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Raymond James Financial reissued an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. Citigroup increased their target price on Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Wells Fargo & Company increased their price objective on Polaris from $60.00 to $65.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $65.00.

Read Our Latest Research Report on PII

Polaris Price Performance NYSE:PII opened at $73.38 on Wednesday. The company has a market cap of $4.17 billion, a P/E ratio of -9.36 and a beta of 1.25. Polaris Inc. has a 52-week low of $47.14 and a 52-week high of $75.25. The stock’s 50-day simple moving average is $68.15 and its 200 day simple moving average is $64.07. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21.

Polaris (NYSE:PII – Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.56. The company had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The business’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.90) EPS. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, sell-side analysts forecast that Polaris Inc. will post 1.76 EPS for the current fiscal year.

Polaris Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, June 1st. Polaris’s dividend payout ratio is presently -34.69%.

Polaris Company Profile (Free Report)

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.

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Digital Trailblazers Experience Introduces Foundational ATV Safety Learning and Strengthens Long-standing Partnership

, /PRNewswire/ -- Polaris in partnership with Minnesota 4-H, is expanding its youth ATV safety education with the launch of a new interactive safety adventure available on CLOVER, 4-H's online learning platform. At its core, Trailblazers are built around a simple idea: learning safety should be as engaging and rewarding as the adventures young riders dream about having. 

Polaris in partnership with Minnesota 4-H, is expanding its youth ATV safety education with the launch of a new interactive safety adventure available on CLOVER, 4-H’s online learning platform. The ATV Adventure Academy: Trailblazers  experience introduces youth to foundational safe-riding practices in an engaging, trail-themed digital environment to make learning fun while sparking interest in outdoor adventure and future riding experiences. Built around interactive choices, animated sequences, and a trail map with progressive levels, the Trailblazers safety adventure immerses youth in scenarios that help them explore responsible riding practices, including selecting proper gear, making safer decisions, and recognizing trail signs. With youth involved in the creation of the experience from the start, it's designed for ease and engagement. 

"We provided feedback on the flow of the experience and age-appropriate play and questions," said Minnesota 4-H ATV Safety Ambassador, Rebecca Anderson, "I've personally learned that ATV safety is something that needs to be taught, not assumed. It's important to me that other youth learn ATV safety as well, so I wanted to help make it fun because when kids enjoy it, they actually remember it. That's how you build good habits early."  

While the content is geared towards youth ages 10-13, the adventure is open to anyone curious about ATV safety and serves as an accessible starting point before moving onto Minnesota 4-H's hands-on ATV Safety programming or other state-certified trainings and ASI (ATV Safety Institute) certifications. 

"Trailblazers is designed to meet youth riders at the beginning of their safety journey and help build their confidence through engaging, scenario-based learning," said Korinne Caldwell, Polaris Employee Health and Safety Manager, ASI/ATV Instructor and ROHVA Certified Instructor. "By introducing foundational safety principles early, and in ways that reflect real riding situations, we're helping young riders develop the habits they need to ride responsibly and safely. When youth understand these skills, they're better equipped to enjoy the freedom and adventure of being outdoors with confidence. That's why Polaris is committed to advancing youth rider safety, and why Trailblazers plays such an important role in that mission." 

The launch of this safety adventure marks the latest milestone in the long-standing collaboration between Polaris and Minnesota 4-H. Since 2019, the partnership has supported youth ATV and UTV safety education through hands‑on training, safety displays at farm safety events and county and state fairs, and expanded curriculum and volunteer training reaching more than 800,000 youth. Building on this foundation, Polaris and Minnesota 4‑H are sharing resources and learnings to support multi‑state program pilots, including current collaborations with 4‑H partners in Wisconsin and Utah, extending responsible riding education to more youth and families.

About University of Minnesota and Minnesota 4-H 
Minnesota 4-H is the largest youth development program in the state, serving 58,000 youth in the 2024/2025 program year. The program, run by University of Minnesota Extension, is developed using rigorous educational standards and is designed to nurture youth into becoming innovators and leaders. 

 For more news from U of M Extension, visit www.extension.umn.edu/news or contact Extension Communications at [email protected]. University of Minnesota Extension is an equal opportunity educator and employer. 

About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.  

SOURCE Polaris Inc.

, /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2026 financial results on Tuesday, July 28, 2026, and will hold a conference call and webcast at 8:00 AM central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, Chief Executive Officer, and Bob Mack, Chief Financial Officer.

The financial results will be posted on the company's website at ir.polaris.com. The company will issue an alert over a news wire when the earnings materials are publicly available, including a link to those documents.

Conference Call and Webcast Details

A slide presentation and webcast link will be posted on the Polaris Investor Relations website at ir.polaris.com. To listen to the conference call by phone, dial 1-877-883-0383 in the U.S., or 1-412-902-6506 Internationally using access code 0006420. 

A replay of the webcast will be available by accessing the same webcast link on our website at ir.polaris.com or by phone dialing 1-855-669-9658 in the U.S., or 1-412-317-0088 Internationally using access code 2239806. 

About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

SOURCE Polaris Inc.

, /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it has appointed Dustin J. Semach to the Company's Board of Directors, effective June 19, 2026.

"On behalf of the Board, it's a pleasure to welcome Dustin, an accomplished leader in the industrial and technology sectors whose experience across finance, strategy and operations brings valuable perspective to Polaris," said Polaris' Board Chair, John Wiehoff. "His background complements the Board's strategic focus on advancing our powersports strategy and positioning the Company for its next phase of growth, while delivering long-term value for shareholders."

Semach currently serves as President and Chief Executive Officer of Sealed Air Corporation, a leading global provider of packaging solutions. He was appointed President and CEO in February 2025 after joining the company as Chief Financial Officer in 2023. Semach has extensive experience leading business transformation, finance, operations, and technology across global public companies. Prior to Sealed Air, he served as Chief Financial Officer of TTEC Holdings, Inc. and Rackspace Technology, Inc., and held leadership roles at DXC Technology, Computer Sciences Corporation and IBM.

Semach will serve on the Board's Audit Committee and Compensation Committee.

ABOUT POLARIS
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

SOURCE Polaris Inc.

TORONTO, ON / ACCESS Newswire / June 17, 2026 / Polaris Renewable Energy Inc. (the "Corporation" or "Polaris") today announced that its annual meeting of shareholders (the "Meeting"), originally scheduled to be held on June 18, 2026 at 9:00 a.m. (Toronto time), has been postponed.

The Meeting will now be held as follows:

Date: June 26, 2026
Time: 9:00 a.m. (Toronto time)
Format: Virtual-only meeting
Webcast: https://virtual-meetings.tsxtrust.com/1923
Password: "polaris2026"

The Meeting will be conducted in the same virtual format as previously announced, and shareholders will continue to be able to attend, participate and vote online through the TSX Trust virtual meeting platform.

Purpose of Postponement

The postponement is being done as the required quorum of 50.1% of shareholders voting has not been achieved at this point in time. We encourage shareholders that have not yet voted their shares to do so prior to 9 am on June 25th.

Meeting Materials and Business

The business of the Meeting remains unchanged. At the Meeting, shareholders will be asked to receive the Corporation's consolidated financial statements for the year ended December 31, 2025, together with the report of the auditors thereon.

Shareholders will also be asked to vote on the following matters:

electing directors of the Corporation; and

reappointing PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Corporation and authorizing the directors of the Corporation to fix their remuneration.

The Corporation's management information circular dated May 15, 2026 (the "Circular"), previously distributed to shareholders, provides detailed information regarding the Meeting and the matters to be considered thereat.

Voting and Proxies

Shareholders of record as of April 29, 2026 remain entitled to vote at the Meeting and any postponement thereof.

Proxies previously and validly submitted will continue to be valid for the postponed Meeting unless properly revoked.

Shareholders who have not yet voted are encouraged to do so using the instructions provided in the Circular.

The deadline for submission of proxies will be extended to 24hours (excluding weekends and holidays) prior to the time of the postponed Meeting.

Additional Information

Electronic copies of the Circular and related meeting materials are available on the Corporation's SEDAR+ profile at www.sedarplus.ca and on the Corporation's website at https://polarisrei.com.

If you have questions or require assistance with voting, please contact the Corporation's Corporate Secretary at [email protected] or TSX Trust Company at 1-888-433-6443.

About Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America and the Caribbean. We are a high-performing and financially sound contributor to the energy transition.

The Company's portfolio includes a geothermal plant (~82 MW), four run-of river hydroelectric plants (~39 MW), three solar (photovoltaic) projects (~35 MW) and an onshore wind park (~26 MW).

For more information, contact:

Investor Relations
Polaris Renewable Energy Inc.
Phone: +1 647-245-7199
Email: [email protected]

SOURCE: Polaris Renewable Energy Inc.

From a technical perspective, Polaris Inc. (PII - Free Report) is looking like an interesting pick, as it just reached a key level of support. PII's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being the 50-day and the 200-day, since bigger time periods tend to form stronger breakouts.

Golden crosses have three key stages that investors look out for. It starts with a downtrend in a stock's price that eventually bottoms out, followed by the stock's shorter moving average crossing over its longer moving average and triggering a trend reversal. The final stage is when a stock continues the upward climb to higher prices.

A golden cross contrasts with a death cross, another widely-followed chart pattern that suggests bearish momentum could be on the horizon.

Shares of PII have been moving higher over the past four weeks, up 9.7%. Plus, the company is currently a #3 (Hold) on the Zacks Rank, suggesting that PII could be poised for a breakout.

The bullish case only gets stronger once investors take into account PII's positive earnings outlook for the current quarter. There have been 4 upward revisions compared to none lower over the past 60 days, and the Zacks Consensus Estimate has moved up as well.

Investors may want to watch PII for more gains in the near future given the company's key technical level and positive earnings estimate revisions.

TORONTO, ON / ACCESS Newswire / May 7, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to report its financial and operating results for the quarter ended March 31, 2026. This earnings release should be read in conjunction with the Company's consolidated financial statements and management's discussion and analysis, which are available on the Company's website at www.PolarisREI.com and have been posted on SEDAR+ at www.sedarplus.ca. The dollar figures below are denominated in US Dollars unless noted otherwise.

HIGHLIGHTS

For the quarter ended March 31, 2026 consolidated energy production decreased by 5% compared to the same quarter in 2025, with total production of 205,317 MWh versus 216,344 MWh for the quarter ended March 31, 2025. The decrease was attributable to the scheduled major maintenance in Nicaragua, with no major maintenance in the comparative period, as well as higher curtailment in the Dominican Republic. This was partially offset by improved production in Peru and a full quarter of operating results from Puerto Rico, compared to only one month of contribution following its acquisition in 2025.

The Company generated $19.8 million in revenue for the quarter ended March 31, 2026, compared to $20.3 million in 2025. The decrease in revenue is mainly attributable to lower energy production during the quarter.

Adjusted EBITDA was $13.5 million for the quarter ended March 31, 2026, compared to Adjusted EBITDA of $15.0 million in the same period in 2025.

Net loss attributable to shareholders, was $0.6 million or $(0.03) per share - basic for the quarter ended March 31, 2026, compared to net loss of $10.4 million or $(0.49) per share - basic in 2025.

For the quarter ended March 31, 2026, the Company generated $8.5 million in net cash flow from operating activities, ending with a cash position of $97.5 million, including restricted cash of $5.6 million.

On February 19, 2026, the Governing Board of the Puerto Rico Electric Power Authority ("PREPA") approved the Battery Energy Storage System Standard Offer ("SO1") Agreement, and Polaris received formal written notice of such approval on February 27, 2026. The execution of the SO1 Agreement remains subject to approval from the Financial Oversight and Management Board ("FOMB"). Upon receipt of this last approval, the Battery Energy Storage System ("BESS") project, with a total capacity of 71.4 MW, is expected to advance to construction, which is currently estimated to take approximately 12 months, after which Polaris would be entitled to receive monthly fixed and performance-based payments for providing energy storage, capacity and grid support services over a 20-year term.

The Company remains focused on maintaining a quarterly dividend. In respect to the three months ended March 31, 2026, the Company has declared and will pay a quarterly dividend of $0.15 per outstanding common share on May 22, 2026, to shareholders of record as of May 14, 2026.

OPERATING AND FINANCIAL OVERVIEW

Three Months Ended

(Expressed in thousands of USD, unless otherwise indicated)

March 31, 2026

March 31, 2025

Energy production

Consolidated Power MWh

205,317

216,344

Financials

Total revenue

$

19,768

$

20,287

Net earnings (loss) attributable to owners

$

(631

)

$

(10,441

)

Adjusted EBITDA

$

13,464

$

15,031

Net cashflow from operating activities

$

8,531

$

11,767

Per share

Net earnings (loss) attributable to owners - basic and diluted

$

(0.03

)

$

(0.49

)

Dividends declared per common share

$

0.15

$

0.15

Adjusted EBITDA per share- basic

$

0.64

$

0.71

Balance Sheet

As at March 31,
2026

As at
December 31, 2025

Total cash and cash equivalents (Restricted and Unrestricted)

$

97,539

$

93,200

Total current assets

$

106,800

$

103,258

Total assets

$

533,256

$

535,569

Current and Long-term debt

$

217,637

$

217,344

Total liabilities

$

294,068

$

292,692

During the three months ended March 31, 2026, quarterly consolidated energy decrease was primarily attributable to a scheduled major maintenance outage in Nicaragua in February 2026, whereas no major maintenance activities were undertaken in the prior-year period together with a higher curtailment in the Dominican Republic. These factors were partially offset by improved production in Peru and the inclusion of a full quarter of operating results from Puerto Rico, compared to only one month of contribution following its acquisition in 2025.

In Peru, production increased compared to the same period in 2025, reflecting improved hydrological conditions and strong resource availability.

In the Dominican Republic, production declined due to elevated curtailment levels during the quarter. Curtailment reached approximately 42% (6,775 MWh) in Q1 2026, compared to significantly lower levels in the prior year, materially impacting realized generation despite adequate solar resource availability. While curtailment has moderated to approximately 30% quarter-to-date in Q2 2026, the timing of a return to normalized levels is not yet clear. The Government is pursuing the implementation of grid-scale storage to alleviate a significant part of the problem which we anticipate could be implemented in timeframe of approximately 18-24 months.

In Puerto Rico, production at the plant for the quarter was comparable to 2025. However, the prior year period only included generation from the March acquisition date, whereas the current year reflects a full quarter of operations.

In Ecuador and Panama, production was consistent with the comparative period in 2025, reflecting stable resource availability.

"During the first quarter of 2026, Polaris delivered resilient operating performance despite temporary headwinds including scheduled maintenance in Nicaragua and elevated curtailment in the Dominican Republic, with impacts partially offset by strong results in Peru and contributions from our Puerto Rico wind asset, underscoring the strength of our underlying business and solid liquidity position. We continued to advance key strategic initiatives and we look forward to sharing positive developments from our pipeline in the coming quarter as we remain focused on disciplined growth and long-term value creation," said Marc Murnaghan, Chief Executive Officer of Polaris Renewable Energy.

About Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition.

The Company's operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).

For more information, contact :

Investor Relations
Polaris Renewable Energy Inc.
Phone: +1 647-245-7199
Email: [email protected]

Cautionary Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws, which may include, but is not limited to, financial and other projections as well as statements with respect to future events or future performance, management's expectations regarding the Company's growth, results of operations, business prospects and opportunities. n addition, statements relating to estimates of recoverable energy "resources" or energy generation capacities are forward-looking information, as they involve implied assessment, based on certain estimates and assumptions, that electricity can be profitably generated from the described resources in the future. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "estimates", "goals", "intends", "targets", "aims", "likely", "typically", "potential", "probable", "projects", "continue", "strategy", "proposed", or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved.

Forward-looking information in this MD&A includes, but is not limited to: the expected production capacity of the Binary Unit at San Jacinto; additional changes to the wells and steamfield to increase production; the ability to successfully capitalize on expansion opportunities in Puerto Rico and the Dominican Republic and to increase the load factor on Canoa Solar Park in Dominican Republic; future dividends; expected annual energy production; sufficiency of cash flows from operations; the ability to satisfy capital requirements and the replacement of debt; the result of changes to the re-injection system over the long-term; and the verification process and timing regarding the sale of carbon emission credits.

A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. Such factors include, among others: failure to discover and establish economically recoverable and sustainable resources through exploration and development programs; imprecise estimation of probability simulations prepared to predict prospective resources or energy generation capacities; variations in project parameters and production rates; defects and adverse claims in the title to the Company's properties; failure to obtain or maintain necessary licenses, permits and approvals from government authorities; the impact of changes in foreign currency exchange and interest rates; changes in government regulations and policies, including laws governing development, production, taxes and global tariffs, labour standards and occupational health, safety, toxic substances, resource exploitation and other matters; availability of government initiatives to support renewable energy generation; increase in industry competition; fluctuations in the market price of energy; impact of significant capital cost increases; the ability to file adjustments in respect of applicable power purchase agreements; unexpected or challenging geological conditions; changes to regulatory requirements, both regionally and internationally, governing development, geothermal or hydroelectric resources, production, exports, taxes and global tariffs, labour standards, occupational health, waste disposal, toxic substances, land use, environmental protection, project safety and other matters; economic, social and political risks arising from potential inability of end-users to support the Company's properties; insufficient insurance coverage; inability to obtain equity or debt financing; fluctuations in the market price of the common shares; inability to retain key personnel; the risk of volatility in global financial conditions, as well as a significant decline in general economic conditions; uncertainty of political stability in countries and territories in which the Company operates; uncertainty of the ability of Nicaragua, Peru, Panama, Dominican Republic, Ecuador and Puerto Rico to sell power to neighbouring countries; economic insecurity in Nicaragua, Peru, Panama, Dominican Republic, Ecuador and Puerto Rico. These factors are not intended to represent a complete list of the risk factors that could affect us.

Such forward-looking information is based on a number of material factors and assumptions, including: the Company's historical financial and operating performance; that contracted parties provide goods and/or services on the agreed timeframes; the success and timely completion of planned exploration and expansion programs, including the Company's ability to comply with local, state and federal regulations dealing with operational standards and environmental protection measures; the Company's ability to negotiate and obtain PPAs on favourable terms; the Company's ability to obtain necessary regulatory approvals, permits and licenses in a timely manner; the availability of materials, components or supplies; the Company's ability to solicit competitive bids for drilling operations and obtain access to critical resources; the growth rate in net electricity consumption; continuing support and demand for renewables; continuing availability of government initiatives to support the development of renewable energy generation; the accuracy of volumetric reserve estimation methodology and probabilistic analysis used to estimate the quantity of potentially recoverable energy; environmental, administrative or regulatory barriers to the exploration and development of geothermal or hydroelectric resources of the Company's properties; geological, geophysical, geochemical and other conditions at the Company's properties; the reliability of technical data, including hydrological, extrapolated temperature

gradient, geophysical and geochemical surveys and geothermometer calculations; the accuracy of capital expenditure estimates; availability of all necessary capital to fund exploration, development and expansion programs; the Company's competitive position; the ability to continue as a going concern and general economic conditions.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein is provided as at the date of this MD&A and the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by applicable laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information due to the inherent uncertainty therein.

Additional information about the Company, including the Company's AIF for the year ended December 31, 2025 is available on SEDAR+ at www.sedarplus.ca and on the Company's website at www.polarisREI.com.

Non-GAAP Performance Measures

Certain measures in this press release do not have any standardized meaning as prescribed by IFRS and, therefore, are not considered GAAP measures. Where non-GAAP measures or terms are used, definitions are provided. In this document and in the Company's consolidated financial statements, unless otherwise noted, all financial data is prepared in accordance with IFRS.

This news release includes references to the Company's adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA") and adjusted EBITDA per share, which are non-GAAP measures. These measures should not be considered in isolation or as an alternative to net earnings (loss) attributable to the owners of the Company or other measures of financial performance calculated in accordance with IFRS. Rather, these measures are provided to complement IFRS measures in the analysis of Polaris Renewable Energy's results since the Company believes that the presentation of these measures will enhance an investor's understanding of Polaris Renewable Energy's operating performance. Management's determination of the components of non-GAAP performance measures are evaluated on a periodic basis in accordance with its policy and are influenced by new transactions and circumstances, a review of stakeholder uses and new applicable regulations. When applicable, changes to the measures are noted and retrospectively applied.

Descriptions and reconciliations of the above noted non-GAAP performance measures are included in Section 13: Non-GAAP Performance Measures in the Company's MD&A for the quarter ended March 31, 2026 and on the Company's website www.polarisREI.com/Non-GAAP.

SOURCE: Polaris Renewable Energy Inc.

LONDON & MONTREAL--(BUSINESS WIRE)--Behavox, an AI company providing unified controls frameworks for financial institutions, today announced that Polaris, its trade surveillance platform, now covers prediction markets as a new asset class — bringing Polaris's out-of-the-box risk coverage to 10 asset classes. Prediction markets coverage is available in beta to existing Polaris customers immediately, with general availability scheduled for summer 2026. "We are getting consistent feedback from cus.

Polaris Inc. designs and markets power sports vehicles and accessories for recreational and utility customers worldwide.

Annual report highlights progress across product innovation, environmental stewardship, community impact and employee development

, /PRNewswire/ -- Polaris Inc. (NYSE: PII) today released its 2025 Geared For Good Report. The annual report highlights Polaris' ongoing efforts to support its people, riders, communities and the outdoors while advancing toward its 2035 environmental goals.

Polaris Inc. released its 2025 Geared For Good Report highlighting the company's ongoing efforts to support its people, riders, communities and the outdoors while advancing toward its 2035 environmental goals.

At Polaris, rider safety is our priority, and safety and quality are at the core of everything we do, from how we design and source materials, to our manufacturing processes and shipment approach.

Polaris works to reduce our environmental impact and create efficiencies across our operations — from suppliers, manufacturing and distribution to our office facilities.

At Polaris, we seek to have a positive impact on the outdoor places where people use our products and are committed to protecting where we ride.

Polaris is committed to showing up for our riders, dealers, employees and the communities where we do business.

"Doing business the right way and being thoughtful stewards of our industry, our people and the outdoors is core to who we are at Polaris," said Holly Spaeth, Vice President, Brand & Powersports Marketing and Corporate Responsibility Committee Chair at Polaris. "This year's report reflects our commitment to being Geared For Good, highlighting how we're welcoming more people into powersports, investing in our communities, and making progress toward our long‑term environmental goals."

The report is organized around Polaris' four Geared For Good pillars: THINK PRODUCT, THINK PRODUCTION, THINK PLACES, and THINK PEOPLE. Highlights include:

THINK PRODUCT: 

Expanded access to powersports by launching the RANGER 500, an approachable utility side‑by‑side starting at $9,999. Removed 100% of detectable PFAS in Klim's spring and fall lines. Earned industry recognition for best‑in‑class innovation, including honors for MRZR, Godfrey Sanpan, and Hurricane SunDeck 3200. THINK PRODUCTION:

Installed an 8,000 square meter solar array in Goupil, generating more than twice the facility's annual energy needs. Cut dunnage waste by 900 tons through the creation of reusable engine crates. Conserved more than 4 million gallons of water year over year. THINK PLACES:

Supported trail and conservation projects across five states through the fully funded Polaris Fund for Outdoor Recreation in partnership with the National Forest Foundation. Donated $255,000 via TRAILS GRANTS, supporting trail stewardship and rider education. Raised $10,000 for Advocates for Multi‑Use Public Lands and local riding clubs, expanding snowmobile access. THINK PEOPLE:

Strengthened communities with more than $5.6 million in corporate donations, grants and employee giving. Invested $80,000 in S.T.E.P. scholarships, providing over 1,000 students, from 45 schools, free access to Polaris technician training. Advanced leadership and skill development for more than 2,000 employees through the launch of Development Day. The report also highlights continued momentum toward Polaris' 2035 environmental goals, teams following ISO standards to evaluate vehicle recyclability, reducing GHG emissions by 10,000 metric tons of CO2e since 2023, overall 80% waste diversion, and 98% of miles driven with SmartWay.

To explore the full 2025 Geared For Good Report, visit Polaris.com/corporate-responsibility.

ABOUT POLARIS
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com. 

SOURCE Polaris Inc.

On May 21, 2026, Polaris Inc PII shares rose 5.1% to a current price of $66.27. The stock has traded within a 52-week range of $36.73 to $75.25, reflecting significant volatility. The recent increase in share price underscores a positive momentum in the market.

GF Value™ verdict: Current price at $66.27 is 4.0% below the GF Value™ of $69.06, indicating it is undervalued.GF Score™ of 75/100 suggests that Polaris Inc is above average in terms of overall stock quality.Notable signal: No insider transactions have been reported in the last 3 months. Is PII Overvalued or Undervalued? Polaris Inc’s current trading price of $66.27 is 4.0% below the GF Value™ of $69.06, indicating that the stock is undervalued at this time. This margin of safety provides a potential opportunity for investors who are looking for a stock that is trading below its intrinsic value. The GF Valuation label categorizes the stock as fairly valued, which suggests that while there is some upside, caution is advised as market conditions can change. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

While the stock appears to be undervalued, potential investors should consider the overall market conditions and the company's financial health as indicated by its GF Score™ and other proprietary metrics. The current market sentiment can impact the stock's price, thus adding a layer of risk to the valuation assessment.

How Does PII's Valuation Compare to Its History? Metric Current Historical P/E (TTM) Not Available 14.3x Forward P/E 36.5x Not Applicable Since the P/E (TTM) is not available, we cannot directly compare it to its historical valuation. However, the forward P/E of 36.5x suggests that the stock may be trading at a higher valuation compared to its historical median P/E of 14.3x. This analysis does not completely align with the GF Value™ verdict, which indicates the stock is undervalued. Investors should be cautious and consider both the future earnings potential and the current market conditions before making decisions.

What Does PII's GF Score™ Tell Us? Metric Rating GF Score™ 75 Financial Strength 5/10 Profitability 7/10 Growth 3/10 Valuation 10/10 Momentum 8/10 The GF Score™ of 75/100 indicates that Polaris Inc has an above-average overall stock quality. The strongest area is its Valuation score of 10/10, suggesting that the stock is favorably priced relative to its intrinsic value. However, the Growth rank of 3/10 highlights a potential concern regarding the company's ability to expand its revenue or earnings in the future. The Financial Strength score of 5/10 indicates a balanced position, while a Profitability rank of 7/10 suggests solid profitability metrics. Overall, while the valuation appears attractive, investors should monitor growth potential as a critical factor.

What Are Insiders Doing with PII Stock? There have been no insider transactions reported in the last 3 months for Polaris Inc. This lack of insider activity suggests a neutral stance from those with the most intimate knowledge of the company. In general, insider buying can be a positive signal, while lack of activity can indicate that insiders are not making significant moves based on their expectations of the company's future performance.

What This Means for Investors Based on the GF Value™ assessment, Polaris Inc PII is currently undervalued. However, potential investors should take into account the stock's historical performance and growth potential as indicated by its metrics. The combination of a positive GF Score™ and an undervalued stock price presents an interesting opportunity, but market dynamics and company fundamentals should be closely monitored.

For the complete analysis, visit the Polaris Inc PII stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is PII's GF Score™?

PII's GF Score™ is 75/100, indicating that it has above-average stock quality based on key financial metrics.

Is PII overvalued or undervalued?

PII is currently undervalued with a GF Value™ of $69.06 compared to its current price of $66.27.

What is PII's P/E ratio?

The TTM P/E ratio is not available, while the forward P/E is 36.5x, suggesting a higher valuation compared to its historical median P/E of 14.3x.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

The Boat House, the #1 Bennington dealer in Wisconsin, brings its full-service Bennington program to Collier County as the brand's exclusive authorized dealer

, /PRNewswire/ -- The Boat House, a 5 Star Certified MRAA dealer group operating 10 locations across Southwest Florida and the Midwest, has been named the exclusive authorized dealer for Bennington Pontoon Boats in Collier County, Florida, effective July 1, 2026. The designation makes The Boat House the sole source for Bennington sales and factory-authorized service in the county, covering Naples, Marco Island, and the surrounding area. The announcement comes as Collier County cements its reputation as one of Southwest Florida's most affluent and fastest-growing communities, with new residential development and registered vessel counts both rising year over year since 2023. Inventory is arriving in phases beginning late June 2026, with additional models arriving through July.

The Boat House Naples, located at 8582 Radio Lane, serves as the company's Southwest Florida flagship and the exclusive authorized Bennington Pontoon sales and service center for Collier County, Florida. The facility spans 20,000+ square feet across 4.2 acres with eight extended indoor service bays. Call (239) 732-8050 or visit BoatHouseH2o.com Bennington is the #1 selling premium pontoon brand in North America and has earned the CSI Award for customer satisfaction for 24 consecutive years — every year since the award's founding. The brand is owned by Polaris Inc. (NYSE: PII) and offers an industry-leading lifetime structural warranty plus a 10-year bow-to-stern warranty on every new boat. The 2026 lineup spans five series and 16 to 30 feet in pontoon and tritoon configurations.

The Boat House Naples, located at 8582 Radio Lane, opened in October 2025 and spans more than 20,000 square feet across 4.2 acres, including eight extended indoor service bays. The facility serves as the company's flagship location for Southwest Florida and is now the designated service and sales center for Bennington in Collier County.

"Earning the exclusive Bennington authorization for Collier County is something we worked hard for, and we don't take the responsibility lightly. We've been the #1 Bennington dealer in Wisconsin for years, and we know what it takes to do this brand justice. Naples is one of the premier boating markets in the country, and Collier County buyers deserve access to the best premium pontoon on the water. We're ready to deliver that."
— Kevin Code, CEO, The Boat House

With two decades serving Southwest Florida, The Boat House Naples has built a reputation for exceptional service, backed by outstanding customer reviews and recognition from the Marine Retailers Association of the Americas (MRAA). The Boat House Naples holds the MRAA's 5 Star Certified Dealer designation and has been named a Great Dealership to Work For by the MRAA for the fourth consecutive year, an honor earned by scoring 90% or higher on the MRAA Employee Satisfaction Survey. Bennington is the latest addition to a lineup that already reflects the company's broader commitment to world-class marine retail across 10 locations and 250+ employees throughout Southwest Florida and the Midwest.

The Boat House Naples is now an authorized Bennington sales and service center, bringing the proven expertise of Wisconsin's #1 Bennington dealer to Southwest Florida. Through June 30, new service customers will receive free pickup and delivery plus a complimentary system check.

"The Boat House has built an outstanding reputation in Wisconsin through its unwavering commitment to customer satisfaction, operational excellence, and high-quality service — consistently demonstrating the standards the Bennington brand demands. We are confident they will bring that same integrity and proven track record to Collier County, delivering the exceptional experience customers expect and deserve from day one."
— Mark Skeen, Bennington Marine

Collier County's year-round navigable waterways, high concentration of waterfront properties, and affluent buyer base make it one of the strongest premium boating markets in Florida and one where The Boat House intends to build a long-term Bennington presence worthy of the market.

For more information, to browse available inventory, or to place a Bennington order, visit boathouseh2o.com/bennington-boats-for-sale or call The Boat House Naples directly at (239) 732-8050.

About The Boat House
The Boat House is a family-owned marine dealership group with more than 30 years in the industry and nearly two decades serving Southwest Florida. The company operates 10 dealership locations across Florida and the Midwest — including Naples, Cape Coral, and Port Charlotte, Florida; Johnsburg, Illinois; and six Wisconsin locations in Door County, Lake Country, Lake Geneva, Lauderdale Lakes, Three Lakes, and Whitewater — along with additional operations facilities and storage centers throughout the region. The Boat House offers new and used boat sales, service, storage, parts, pier and lift services, and a boat club. The company holds the MRAA's 5 Star Certified Dealer designation and is the #1 Bennington dealer in Wisconsin. Learn more at BoatHouseH2o.com.

About Bennington Marine
Bennington is North America's #1 selling premium pontoon brand and a subsidiary of Polaris Inc. (NYSE: PII). Bennington pontoons are built with an industry-leading lifetime structural warranty and a 10-year bow-to-stern warranty and have earned the CSI Award for customer satisfaction for 24 consecutive years. Learn more at BenningtonMarine.com.

SOURCE The Boat House

Foundation for America's Public Lands

Polaris The Foundation for America's Public Lands and Polaris have joined forces; Award first round of grants to seven projects across four states

, /PRNewswire/ -- A new partnership is helping fund projects to improve off-road trails and riding areas across the United States. The Foundation for America's Public Lands, the official charitable partner of the Bureau of Land Management (BLM), and Polaris, a global leader in powersports, are providing grants to support off-highway vehicle (OHV) recreation access, safety and the riding experience on BLM lands.

The partnership will provide over $700,000 of impact to support OHV projects on BLM lands. The grants will be funded through a $350,000 donation from Polaris and will leverage a dollar-for-dollar match by the Foundation. Support includes funding new and additional signage, as well as trail maintenance and repairs to help support safety, access, and continued use of these OHV spaces.

The BLM manages some of the most iconic and beloved motorized recreation areas in the nation, with over 200 designated OHV recreation sites and millions of acres open to responsible motorized recreation. These are places where families, friends, and entire communities gather to spend time outdoors, connect, and build the kind of shared experiences that empower local economies and keep people coming back to ride. 

"People are deeply connected to the areas they spend their days riding, and we know strong communities are at the heart of maintaining these spaces. Through our new partnership with the Foundation for America's Public Lands, we will invest alongside local partners to improve trails, promote responsible riding, and support the people who know these areas better than anyone, helping to keep these places thriving," said Mike Speetzen, Polaris CEO. "We are privileged to work alongside the Foundation, the Bureau of Land Management and local partners to help bring these important projects to life."

"America's public lands are powerful economic drivers and places where Americans can get outside to experience the Great Outdoors," said I Ling Thompson, Chief Executive Officer of the Foundation for America's Public Lands. "BLM lands offer countless opportunities for multiple use recreation, and we are thrilled to partner with Polaris to support local communities and bring much needed funding to these important projects."

The partnership officially kicked off over the weekend at North Reno Recreation Area's "Moon Rocks," the 19,000 acres of public land that includes the BLM's OHV area. Hundreds of volunteers gathered to participate in the Friends of Moon Rock's annual clean-up event at the beloved riding area. Moon Rocks is one of seven locations being awarded a grant as part of the Polaris & Foundation partnership. The Moon Rocks grant is supporting the installation of new portal signs that connect visitors with the site, along with barriers to assist in directing traffic to the main trail head.

"It is astounding to see all of these partners, including the Foundation, Polaris, and all of the volunteers coming together to enhance the Moon Rocks Recreation Area," said Kim Dow, Associate State Director of BLM Nevada. "Without their support and dedication, Moon Rocks would not be what it is today. It is a great demonstration of the Northern Nevada community's dedication and support for our public lands."

This partnership will also support the following six projects:

Cricket Mountains OHV Trail System (Utah): Riders will have clearer guidance across the entire trail system with a full signage overhaul, including new directional markers, trail maps, and wayfinding signs installed in partnership with the BLM Fillmore Field Office. Greater Three Peaks OHV Riding Area (Utah): About 4,800 feet of fencing around "the crater" will reduce safety hazards from dense informal routes and irregular terrain, making one of the area's most-used zones more accessible and rideable. Tusher Tunnel, Uranium Arch and Bartlett Alcove (Utah): Updated signage, parking improvements, and site maintenance across three BLM Moab locations will improve the visitor experience and keep these high-traffic areas in good shape for continued use. Fivemile Pass Recreation Area (Utah): Restroom repairs and new kiosks at seven staging areas will enhance amenities at Utah's most loved OHV areas, keeping it welcoming to all riders. Black Canyon Corridor (Arizona): 1,400 new waypoints and interpretive markers will make the corridor easier to navigate and more engaging to explore, with installation led by youth in alignment with the EXPLORE Act. Glendive Short Pines OHV Area (Montana): A shade structure and ADA concrete trail will complete a long-awaited facility, opening the area to visitors of all riding skill levels, all while providing Eastern Montana with a brand recreation destination. The priorities of Polaris and The Foundation's partnership include supporting OHV recreation, promoting safe and responsible off-road riding, enhancing the riding experience in and around the highest use recreation areas, and partnering with local communities on these projects. The Foundation's mission is to build strategic partnerships, generate private support, and help connect more people and communities to their public lands and waters. These grants and this partnership a part of Polaris' broader mission to encourage outdoor recreation and support the safety of its riders and the OHV community as a whole.  

ABOUT THE FOUNDATION FOR AMERICA'S PUBLIC LANDS
As the official charitable partner of the Bureau of Land Management (BLM), the Foundation for America's Public Lands serves as a convener, partner, and fundraising catalyst to help ensure the health and stewardship of America's public lands and waters today, and for the future. To learn more, visit americaslands.org.

ABOUT POLARIS
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

SOURCE Foundation for America's Public Lands

Sims Leads All-Polaris Podium, Followed by Wayne Matlock in Second and First-Year RZR Factory Racing Driver Ethan Groom in Third

Polaris Locks Out Top Nine at Baja 500, Including Top Six with RZR Pro R Factory Machines

, /PRNewswire/ -- Polaris Off Road continued its dominance in SCORE competition this past weekend, sweeping the UTV Overall podium and securing the top nine overall positions at the 57th SCORE Baja 500. Longtime Polaris racer Branden Sims delivered a calculated and consistent performance to earn the UTV Overall victory behind the wheel of his RZR Pro R Factory. Fellow Polaris racers Wayne Matlock and first-year RZR Factory Racing driver Ethan Groom completed the all-Polaris podium in second and third, respectively.

Branden Sims Captures the UTV Overall at the Baja 500 in his RZR Pro R Factory

Sims Leads All-Polaris Podium, Followed by Wayne Matlock in Second and First-Year RZR Factory Racing Driver Ethan Groom in Third The grueling 468-mile Baja 500 demanded patience, consistency, and smart decision-making, and Sims delivered all three. A former Baja 500 and Baja 1000 champion seeking his first SCORE victory since 2022, Sims started sixth on the grid and methodically worked his way through the field while avoiding costly mistakes. Running a disciplined race from start to finish, he maintained a strong pace and positioned himself within striking distance of the leaders throughout the day. When an opportunity emerged late in the race, Sims was perfectly poised to capitalize, taking over the front position and never looking back. He maintained his advantage through the closing miles to secure the overall victory, marking his first triumph in just his second race behind the wheel of the new RZR Pro R Factory.

"Today was incredible, and it feels so good to get back on top and earn a win," said Sims. "To come away with the overall victory against such a talented field is really special. My new RZR Pro R Factory was absolutely dialed in and performed flawlessly all day long. We had a smart race plan, maintained a strong pace, picked our lines carefully, and put ourselves in position to capitalize when it mattered most. This is only my second race in the car, but the confidence it gives me behind the wheel is unbelievable."

Matlock and Groom also delivered impressive drives through the field to complete the all-Polaris podium. Starting ninth and outside the top 10, respectively, both drivers put together patient and consistent drives, steadily gaining positions throughout the day to secure second- and third-place finishes, giving Polaris a clean sweep of the overall podium.

The Baja 500 further showcased the depth of Polaris' racing program, as Polaris racers claimed the top nine overall UTV finishing positions. Mitch Guthrie Jr. finished fourth, followed by Dallas Gonzalez in fifth, while Joe Terrana and co-driver Rodrigo Ampudia were sixth. Mike Cafro, Sebastian Marquez, and Kristen Matlock rounded out the top nine in seventh, eighth, and ninth, respectively.

Beyond the podium sweep and top-nine lockout, the race further demonstrated the unmatched capability of the RZR Pro R Factory platform. RZR Pro R Factory machines occupied the top six overall finishing positions, with Sims, Matlock, Groom, Mitch Guthrie Jr., Dallas Gonzalez, and Joe Terrana all piloting the championship-proven platform. Built to withstand the punishing terrain and relentless demands of Baja competition, the RZR Pro R Factory once again showcased the performance, durability, and reliability that have made it the benchmark in UTV desert racing.

"We couldn't be prouder of our Polaris racers and the entire team behind this program," said Alex Scheuerell, Polaris' Director of Off-Road Motorsports. "To sweep the podium at the Baja 500, secure the top nine overall UTV finishing positions, and see RZR Pro R Factory machines claim the top six spots overall is an incredible accomplishment. The RZR Pro R Factory continues to prove itself as the benchmark in off-road racing, delivering the performance, durability, and reliability needed to win in the toughest conditions. This achievement is a testament to the dedication, talent, and relentless effort of everyone involved in this program."

The RZR Factory Racing team will return stateside for the Best In The Desert Vegas to Reno, August 12-16, as it looks to build on its success in one of the longest and most challenging off-road races in the United States.

To learn more, please visit Polaris.com/RZR or join the conversation and follow on Facebook sm, Instagram sm, YouTube sm and Xsm.

About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

SOURCE Polaris Inc.