PII
Polaris Inc.
NYSE · Consumer Cyclical · Auto - Recreational Vehicles · US
$67.35
+7.07%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 7.6B | 7.2B | 7.2B | 8.9B | 8.6B |
| Cost of Revenue | 6.0B | 5.8B | 5.8B | 7.0B | 6.7B |
| Gross Profit | 1.6B | 1.3B | 1.4B | 1.9B | 1.9B |
| Operating Expenses | |||||
| R&D Expense | 370.0M | 371.9M | 336.9M | 374.3M | 366.7M |
| SG&A Expense | 1.1B | 981.0M | 846.6M | 902.5M | 787.5M |
| General & Admin Expense | 466.0M | — | — | — | — |
| Selling & Marketing Expense | 350.8M | — | — | — | — |
| Other Expenses | 14.4M | — | — | — | — |
| Total Operating Expenses | 1.5B | 1.4B | 1.2B | 1.3B | 1.2B |
| Cost and Expenses | 7.5B | 7.2B | 7.0B | 8.3B | 7.8B |
| Operating Income (EBIT) | 102.9M | (28.3M) | 220.4M | 629.2M | 754.0M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 123.3M | 132.8M | 142.3M | 133.8M | 72.7M |
| Net Interest Income | (123.3M) | (132.8M) | (142.3M) | (133.8M) | (72.7M) |
| Other Non-Op Income/Expense | (315.3M) | (504.4M) | (79.6M) | (8.8M) | 7.4M |
| Non-Operating Income (excl Interest) | 192.0M | 371.6M | (62.7M) | (125.0M) | (80.1M) |
| EBT (Pre-Tax Income) | (212.4M) | (532.7M) | 140.8M | 620.4M | 761.4M |
| Income Tax Expense | (19.5M) | (67.9M) | 29.6M | 117.7M | 158.0M |
| Bottom Line | |||||
| Net Income | (206.2M) | (465.5M) | 110.8M | 502.8M | 589.7M |
| Earnings from Cont. Ops | (192.9M) | (464.8M) | 111.2M | 502.7M | 603.4M |
| Earnings from Discont. Ops | — | — | — | — | (13.2M) |
| Bottom Line Net Income | (206.2M) | (465.5M) | 110.8M | 502.8M | 589.7M |
| Per Share | |||||
| Basic EPS | ($3.64) | ($8.18) | $1.96 | $8.81 | $9.94 |
| Diluted EPS | ($3.67) | ($8.18) | $1.95 | $8.71 | $9.81 |
| Revenue Per Share | $132.74 | $125.69 | $127.00 | $156.47 | $144.84 |
| Shares | |||||
| Basic Shares Outstanding | 57.6M | 56.9M | 56.5M | 57.1M | 59.3M |
| Diluted Shares Outstanding | 58.5M | 56.9M | 56.8M | 57.7M | 60.1M |
| Profitability Metrics | |||||
| EBITDA | 174.0M | (113.4M) | 569.4M | 1.0B | 1.1B |
| D&A | 263.1M | 286.5M | 286.3M | 258.9M | 232.8M |
| EBIT | (89.1M) | (399.9M) | 283.1M | 754.2M | 834.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026