Verified call record已核验电话会记录 ·
PII · Polaris Q2 FY2026 earnings call record财报电话会记录
Verbatim, receipt-bound excerpts from the earnings-call transcript. This is a source record, not a synthesized analysis or recommendation.来自财报电话会文字记录的原文、可追溯摘录。这是来源记录，不是综合分析或推荐。
12 exact excerpts 条原文摘录
14 numeric receipts 个数值回执
B governed source tier 治理来源层级
Transcript present电话会文本已具备
Call language, kept intact.电话会表述，保持原貌。
The excerpts below are selected from the source record under the bounded evidence policy. Wording is not paraphrased; numbers remain the exact spans captured from the call.以下摘录按受限证据策略从来源记录中选出。文字未被改写；数字保持电话会中捕获的精确片段。
“Sales were driven by double-digit growth in our Powersports segment, led by ORV with our Utility RANGER line and our fast-growing commercial business, where growth is driven by investments in infrastructure and data center projects.”
Mike Speetzen · CEO
claim_c7dc9a0a1537caa1542e39a8df40edcd“We also saw operational gross profit margin expand by 82 basis points, excluding the tariff refunds and against a second quarter 2025 margin that had little ongoing tariff impact.”
Mike Speetzen · CEO
claim_9cc9097d13d98e8ae2634e2e22904737Exact numeric spans精确数值片段
822025“Adjusted EBITDA margin from operations, which excludes the tariff refunds, also improved meaningfully by approximately 180 basis points compared to last year, primarily due to higher volumes, positive net price and favorable mix.”
Bob Mack · CFO
claim_88ed265e411cd8c609e6a28fcb9f3cc7Exact numeric spans精确数值片段
180“Gross profit margin from operations improved 77 basis points, driven by higher net price as promotional activity remained below last year's levels and positive product mix.”
Bob Mack · CFO
claim_a3dc43c4f32210c9b2b36f8a227d831cExact numeric spans精确数值片段
77“Adjusted gross profit margin increased 458 basis points, reflecting much of the tariff refunds being recorded in Polaris Powersports.”
Bob Mack · CFO
claim_0897face076b82bc0d85d0c6b3adffe3Exact numeric spans精确数值片段
458“Gross profit margin improved 21 basis points year-over-year, again, reflecting favorable mix, which we expect to continue through the selling season, along with higher net price.”
Bob Mack · CFO
claim_aaf36adf911f570a92594cd3e1c734b0Exact numeric spans精确数值片段
21“Gross profit margin improved 242 basis points, driven by lower warranty expense and favorable leverage of fixed costs from increased sales volumes.”
Bob Mack · CFO
claim_a8cd4c096b48d27a4c2d5a7c6f213180Exact numeric spans精确数值片段
242“Operationally, we expect adjusted EBITDA margin to increase 145-170 basis points compared with our prior guidance of 100-140 basis points.”
Bob Mack · CFO
claim_7893237e527fb9775d53325e00f54750Exact numeric spans精确数值片段
145170100140“For the quarter, we expect sales to increase 4%-5% compared to last year, with growth driven primarily by commercial, government and defense, and marine.”
Bob Mack · CFO
claim_172a4f5102c774bbfa83960130bde5ffExact numeric spans精确数值片段
4%-5%“The high-end customers I talked about, I don't want to say they're immune, but they tend to be more cash buyers.”
Mike Speetzen · CEO
claim_3388a476b765f4cb20d9cfa5ef25f24c“We did a lot of work to understand customer segmentation, and one of the things that we became brutally clear on is we, like many others, had chased customers to the high end of the market, and we had left a gap at the lower end.”
Mike Speetzen · CEO
claim_d3ba92d8505b30ab2d394903f732c809“About 70% of the customers that are buying that vehicle are new to Polaris.”
Mike Speetzen · CEO
claim_9e111a5f625f875deb17c45c21c6ac35Exact numeric spans精确数值片段
70%Inspect the source receipts检查来源回执26 bound spans个已绑定片段
Each row identifies the source body, transcript segment and byte span used to verify the visible text.每行标识用于核验可见文本的来源正文、电话会片段和字节范围。
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claim_88ed265e411cd8c609e6a28fcb9f3cc7 | quote | 13 | 226–455 | f0be85fc58ced4… |
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claim_aaf36adf911f570a92594cd3e1c734b0 | quote | 15 | 780–958 | 83183134a49101… |
claim_5849c8517b4f4998a9a1361f87d4546b | numeric | 15 | 809–811 | 6f4b6612125fb3… |
claim_a8cd4c096b48d27a4c2d5a7c6f213180 | quote | 16 | 355–502 | 0828cae27454c6… |
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