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PII · NYSE · Auto - Recreational Vehicles

Polaris (PII)

Makes off-road vehicles, snowmobiles, and boats, with parts and rider gear sold through dealers.

$53.97

After hours+0.05 (+0.09%)

At close$53.92(−0.90%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	2,249	2,289	1,736	1,961	1,722	1,755	1,536	1,853	1,842	1,922	1,659	2,023
Cost of revenue	1,754	1,827	1,425	1,557	1,383	1,416	1,305	1,509	1,480	1,533	1,324	1,545
Gross profit	495	463	311	404	340	339	230	344	362	389	335	478
	315	336	299	305	283	305	279	322	316	436	390	346
Research & development	92	93	88	87	84	78	83	90	93	106	82	94
	223	243	211	218	199	227	196	232	223	330	276	255
Selling & marketing	0	0	0	0	0	0	0	0	0	0	114	112
General & administrative	0	0	0	0	0	0	0	0	0	0	163	143
Other expenses	0	0	0	0	0	0	0	0	0	0	32	−3
Operating income	180	127	13	99	57	35	−49	22	46	−47	−55	132
	2	−6	−5	−13	−22	−23	−22	−115	−58	−310	−3	14
Interest expense	35	34	33	36	38	35	35	34	34	31	30	34
Other non-operating income	−37	−28	−28	−23	−16	−13	−12	81	24	279	−28	−48
Income before tax	182	121	8	86	35	12	−71	−93	−12	−357	−58	146
Income tax expense	30	18	4	17	7	1	−4	−14	4	−54	−10	27
Net income from continuing operations	152	103	4	69	28	11	−67	−79	−16	−303	−47	119
Other adjustments	0	0	0	0	0	0	0	0	0	0	0	−13
Net income	152	103	4	69	28	11	−67	−79	−16	−304	−47	106
EPS, basic	$2.66	$1.82	$0.07	$1.21	$0.49	$0.19	−$1.17	−$1.39	−$0.28	−$5.34	−$0.83	$1.86
EPS, diluted	$2.62	$1.81	$0.07	$1.21	$0.49	$0.19	−$1.17	−$1.39	−$0.28	−$5.34	−$0.83	$1.84
Weighted average shares, basic	57	57	57	57	56	57	57	57	57	57	57	57
Weighted average shares, diluted	58	57	57	57	57	57	57	57	57	57	57	58
EBITDA	283	227	104	192	147	127	37	14	94	−259	36	245
Depreciation & amortization	66	72	63	70	74	80	73	73	73	67	63	65
EBIT	217	155	41	122	73	47	−37	−59	22	−326	−27	180