Polaris Inc. (PII) — Financial statements
Income statement, balance sheet, and cash flow for Polaris Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 7,152↓0.3% | 7,175↓19.7% | 8,934↑4.0% | 8,589↑15.5% | 7,439 | |
| Cost of Revenue | 5,827↑1.0% | 5,772↓17.9% | 7,028↑5.2% | 6,681↑16.3% | 5,743 | |
| Gross Profit | 1,325↓5.6% | 1,404↓26.3% | 1,906↓0.1% | 1,908↑12.5% | 1,697 | |
| Operating Expenses | ||||||
| R&D Expenses | 372↑10.4% | 337↓10.0% | 374↑2.1% | 367↑11.6% | 329 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 981↑15.9% | 847↓6.2% | 903↑14.6% | 788↑10.9% | 710 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,353↑14.3% | 1,184↓7.3% | 1,277↑10.6% | 1,154↑11.1% | 1,039 | |
| Total Costs & Expenses | 7,180↑3.2% | 6,955↓16.3% | 8,305↑6.0% | 7,835↑15.5% | 6,782 | |
| Operating Results | ||||||
| Operating Income | -28↓112.8% | 220↓65.0% | 629↓16.6% | 754↑14.6% | 658 | |
| Depreciation & Amortization | 286↓0.1% | 286↑10.6% | 259↑11.2% | 233↑7.6% | 216 | |
| EBITDA | -114↓120.0% | 569↓43.8% | 1,013↓5.0% | 1,067↑21.1% | 881 | |
| EBIT | -400↓241.3% | 283↓62.5% | 754↓9.6% | 834↑25.5% | 665 | |
| Interest & Other Income | ||||||
| Net Interest Income | -133↑6.7% | -142↓6.4% | -134↓84.0% | -73↓101.4% | -36 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 133↓6.7% | 142↑6.4% | 134↑84.0% | 73↑101.4% | 36 | |
| Non-Operating Income | 372↑692.7% | -63↑49.8% | -125↓56.1% | -80↓1028.2% | -7 | |
| Other Income / Expenses | -504↓533.7% | -80↓804.5% | -9↓218.9% | 7↑125.5% | -29 | |
| Income Before Tax | -533↓478.3% | 141↓77.3% | 620↓18.5% | 761↑21.1% | 629 | |
| Income Tax Expense | -68↓329.4% | 30↓74.9% | 118↓25.5% | 158↑19.6% | 132 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -465↓518.0% | 111↓77.9% | 503↓16.7% | 603↑21.5% | 497 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↑100.0% | -13↓473.9% | -2 | |
| Net Income | -466↓520.1% | 111↓78.0% | 503↓14.7% | 590↑19.4% | 494 | |
| Bottom-Line Net Income | -466↓520.1% | 111↓78.0% | 503↓14.7% | 590↑19.4% | 494 | |
| EPS (Basic) | -8.18↓517.3% | 1.96↓77.8% | 8.81↓11.4% | 9.94↑23.3% | 8.06 | |
| EPS (Diluted) | -8.18↓519.5% | 1.95↓77.6% | 8.71↓11.2% | 9.81↑24.5% | 7.88 | |
| Weighted Average Shares | 57↑0.7% | 57↓1.1% | 57↓3.7% | 59↓3.3% | 61 | |
| Weighted Average Diluted Shares | 57↑0.2% | 57↓1.6% | 58↓4.0% | 60↓4.1% | 63 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.