Highlights for FY26 Q4 Revenues of $2,457.3 million, an increase of 16.0% compared to last year, driven by a favourable ORV product mix, as well as higher ORV and PWC shipments; Net income of $45.8 million, an increase of 190.7% compared to last year; Normalized EBITDA [1] of $363.8 million, an increase of 47.3% compared to last year; Normalized diluted earnings per share [1][2] of $2.21, an increase of $1.16 per share, and diluted earnings per share of $0.63, an increase of $1.31 per share, compared to last year; North American Powersports retail sales increased by 12% compared to last year; Market share gains in North America for ORV and Snowmobile; Normalized impairment charges of $232.5 million on assets related to electric vehicles ("EV") and light mobility, of which $28.5 million impacts gross profit; Provided shareholder returns through share buybacks for a total consideration of $50.3 million; The Company increased its quarterly dividend to $0.25 per share. Highlights for FY26 Revenues of $8,442.7 million, an increase of 6.8% compared to last year; Exceeded revised FY26 guidance with Normalized diluted earnings per share [1][2] of $5.21; North American network inventory decreased by 17% compared to last year.
