Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2025

Revenue Recognition [Abstract]

Disaggregation of Revenue

The following tables disaggregate the Company's revenue by major product type and geography (in millions):

	Three months ended September 30, 2025
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	1,051.7	$	180.6	$	103.3	$	1,335.6
PG&A	458.0		47.9		0.1		506.0
Total revenue	$	1,509.7	$	228.5	$	103.4	$	1,841.6
Revenue by geography
United States	$	1,294.7	$	109.3	$	99.6	$	1,503.6
Canada	72.3		6.3		3.5		82.1
EMEA	87.4		101.3		0.1		188.8
APLA	55.3		11.6		0.2		67.1
Total revenue	$	1,509.7	$	228.5	$	103.4	$	1,841.6
	Three months ended September 30, 2024
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	1,025.2	$	191.3	$	85.8	$	1,302.3
PG&A	374.8		45.2		0.1		420.1
Total revenue	$	1,400.0	$	236.5	$	85.9	$	1,722.4
Revenue by geography
United States	$	1,154.8	$	117.5	$	83.8	$	1,356.1
Canada	106.6		8.6		1.3		116.5
EMEA	78.1		97.1		—		175.2
APLA	60.5		13.3		0.8		74.6
Total revenue	$	1,400.0	$	236.5	$	85.9	$	1,722.4

	Nine months ended September 30, 2025
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	2,911.4	$	581.3	$	373.7	$	3,866.4
PG&A	1,205.3		158.0		0.4		1,363.7
Total revenue	$	4,116.7	$	739.3	$	374.1	$	5,230.1
Revenue by geography
United States	$	3,429.0	$	379.4	$	365.8	$	4,174.2
Canada	256.7		21.9		6.8		285.4
EMEA	264.4		302.9		0.1		567.4
APLA	166.6		35.1		1.4		203.1
Total revenue	$	4,116.7	$	739.3	$	374.1	$	5,230.1
	Nine months ended September 30, 2024
	Off Road		On Road		Marine		Total
Revenue by product type
Wholegoods	$	3,136.6	$	655.6	$	343.2	$	4,135.4
PG&A	1,132.9		151.4		0.3		1,284.6
Total revenue	$	4,269.5	$	807.0	$	343.5	$	5,420.0
Revenue by geography
United States	$	3,532.0	$	393.7	$	333.9	$	4,259.6
Canada	291.9		35.4		7.0		334.3
EMEA	256.8		340.5		0.3		597.6
APLA	188.8		37.4		2.3		228.5
Total revenue	$	4,269.5	$	807.0	$	343.5	$	5,420.0

Deferred Revenue, by Arrangement, Disclosure

The activity in the deferred revenue reserve for ESCs during the periods presented was as follows (in millions):

	Three months ended September 30,				Nine months ended September 30,
	2025		2024		2025		2024
Balance at beginning of period	$	112.0	$	107.6	$	111.3	$	110.3
New contracts sold	15.3		10.7		38.5		36.0
Revenue recognized on existing contracts	(13.6)		(10.2)		(36.1)		(38.2)
Balance at end of period	$	113.7	$	108.1	$	113.7	$	108.1