Polaris Inc - Company Profile
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Polaris Inc (Polaris) formerly Polaris Industries Inc, is a company engaged in the design, engineering, manufacturing, and marketing of powersports vehicles. The company's main activities include producing off-road vehicles, snowmobiles, motorcycles, motoroadsters, quadricycles, and boats. It also designs and manufactures parts, aftermarket accessories, and apparel. The company’s services include financing, insurance services, and extended service contracts. Its products are sold to customers through online and a network of independent dealers and distributors located in the US, Canada, Western Europe, Australia, and Mexico. The company has operations in the UK, the US, Germany, Sweden, France, Canada, Mexico, China, and India, among others. Polaris is headquartered in Medina, Minnesota, the US.
Polaris Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| All Terrain Vehicles | Aftermarket Service | Deluxe |
| Snowmobile | Arlen | |
| Motorcycles Parts, Garments and Accessories: | Bennington | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Stake Sale | In February, the company sold a majority stake in Indian Motorcycle to Carolwood LP, a private equity firm in California, the US. |
| 2026 | Contracts/Agreements | In February, the company renewed its partnership with Synchrony to receive financing for Polaris off-road vehicles, snowmobiles, and Slingshot models. |
| 2025 | New Products/Services | In December, Polaris Slingshot launched its 2026 model year lineup. |
Competitor Comparison
| Key Parameters | Polaris Inc | Honda Motor Co Ltd | Yamaha Motor Co Ltd | BRP Inc | Harley-Davidson Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | Japan | Canada | United States of America |
| City | Medina | Minato-Ku | Iwata | Valcourt | Milwaukee |
| State/Province | Minnesota | Tokyo | Shizuoka | Quebec | Wisconsin |
| No. of Employees | 14,500 | 194,173 | 55,176 | 17,000 | 5,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael T. Speetzen | Director; Chief Executive Officer | Executive Board | 2021 | 55 |
| Robert P. Mack | Chief Financial Officer; Executive Vice President - Finance & Corporate Development | Senior Management | 2021 | 55 |
| Tony J. Kinsman | Chief Technology Officer; Vice President - Off Road Engineering | Senior Management | 2024 | - |
| Pamela L. Kermisch | Chief Customer Growth Officer | Senior Management | 2018 | - |
| Victor M. Koelsch | Senior Vice President; Chief Digital and Information Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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