Polaris first quarter 2022 earnings announced

Polaris first quarter 2022 earnings saw relatively flat earnings. They did see an increase in snowmobiles, commercial & government, and defense but that growth was partially offset by lower ORV sales.

Polaris first quarter 2022 earnings

Off-Road results were driven by the following

  • Sales were driven by growth in snowmobiles, commercial & government and defense, as well as robust pricing actions on new and pre-sold orders. This growth was partially offset by lower ORV sales.
  • Parts, Garments, and Accessories (PG&A) sales increased eight percent.
  • Gross profit margin performance was primarily driven by supply chain constraints and higher input costs, partially offset by increased pricing and lower promotional costs.
  • Polaris North America ORV unit retail sales were down high-twenties percent. Estimated North American industry ORV unit retail sales were down high-teen percent. Polaris North America snowmobile unit retail sales for the 2021-2022 season-ending March 31, 2022, were down approximately 15 percent with the industry down mid-single digits percent.

On-road results were driven by the following

  • Sales were impacted by lower shipments driven by supply chain challenges, despite strong demand, pricing, and low dealer inventory levels.
  • PG&A sales increased 19 percent.
  • Gross profit margin performance was driven primarily by favorable product mix and lower promotion costs, offsetting higher input costs driven by supply chain constraints.
  • North America unit retail sales for Indian Motorcycle were down approximately 30 percent. North America unit retail sales for the comparable motorcycle industry were down almost ten percent.

Marine results were driven by the following

  • Sales results were driven by a favorable mix and pricing.
  • Gross profit margin performance was flat with increased pricing offset by higher input costs related to supply chain constraints.

Aftermarket results were driven by the following

  • The five percent decrease in segment sales was driven by Transamerican Auto Parts sales, which decreased nine percent from $193 million to $175 million in the first quarter of 2022. Powersports Aftermarket sales increased 16 percent.
  • Gross profit margin performance declined largely driven by supply chain challenges and inflationary pressures.

It looks like one of the biggest problems with the Polaris first quarter 2022 earnings was having a huge supply change issue. Like most companies, Polaris has not been spared the issue of getting parts. Enem with that being said Polaris still expects to see an increase of 12 to 15 percent over 2021.


As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. With annual 2021 sales of $8.2 billion, Polaris’ high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, garments, and accessories, and an aftermarket portfolio, that includes Transamerican Auto Parts. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com

Be sure to check out our other Stories and everything SXS Nation offers.

Subscribe to our blog for updates.

[sibwp_form id=1]

Follow us on Facebook and YouTube

Yamaha Adventure Pro

Honda Talon Recall Announce

Kawasaki launching 3 new vehicles May 3rd!


Polaris RideCommand Newsletter

Spread the love

Add A Comment

We're glad you have chosen to leave a comment. Please keep in mind that all comments are moderated according to our privacy policy, and all links are nofollow. Do NOT use keywords in the name field. Let's have a personal and meaningful conversation.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to our newsletter

Subscribe to our weekly newsletter

Elite Partners

Trending Now!

Contact Us
Side by Side Nation

Affiliate Disclosure: This site may contain affiliate links, which means that if you click on one of the product links and make a purchase, I may receive a small commission at no additional cost to you. This helps support the blog and allows me to continue to bring you valuable content. Thanks for your support!

Welcome to Side by Side Nation: Your Ultimate Destination for SXS and UTV Enthusiasts!

Get ready to dive headfirst into the electrifying world of off-road adventures with Side by Side Nation, your one-stop interactive online haven exclusively crafted for SXS and UTV owners.

Discover a treasure trove of articles, in-depth reviews, and indispensable guides that cater specifically to you. From detailed vehicle critiques to trade secrets, we've got you covered. Plus, our marketplace resources make buying and selling a breeze, all while offering expert advice to supercharge your SXS and UTV experiences.

But that's not all! Forge unbreakable connections with like-minded members, pinpoint nearby events, and thrilling group rides to take your off-road escapades to the next level. Whether you're a seasoned aficionado or a curious newcomer eager to explore the boundless possibilities of powersports, Side by Side Nation is here to welcome you into a vibrant community that shares your unwavering passion. Join us today, and let the adventure begin!