Polaris Inc. (PII) Shares Soar 11.56% on Q2 Earnings Beat

Polaris Inc. (PII) shares surged 11.56% in pre-market trading on July 29, 2025, driven by strong Q2 earnings performance.

Polaris Inc. reported a significant increase in its stock price following the release of its Q2 earnings report. The company exceeded earnings forecasts, despite a decline in revenue. This positive earnings surprise has fueled investor optimism, leading to a substantial pre-market surge.

The company's revenue for the second quarter was $1.85 billion, which, although down 6.7% year over year, still managed to beat Wall Street's estimates. This revenue performance was driven by strong demand for off-road and marine products, which are key segments for Polaris.

Polaris also reported non-GAAP revenue of $1,847.9 million, surpassing analyst estimates of $1,710.2 million. The non-GAAP EPS came in at $0.40, significantly higher than expected. This financial performance has been well-received by investors, contributing to the stock's upward momentum.

Additionally, Victory Capital Management Inc. increased its stake in Polaris Inc. by 39.8% during the first quarter, indicating strong institutional support for the company. This increased holding suggests confidence in Polaris' long-term prospects and its ability to navigate current market challenges.