Polaris Inc.
Income Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.92B | $1.84B | $1.85B | $1.54B | $1.76B | $1.72B | $1.96B |
| Cost of Revenue | $1.32B | $1.54B | $1.46B | $1.49B | $1.29B | $1.40B | $1.37B | $1.54B |
| Gross Profit | $334.8M | $384.2M | $380.3M | $359.2M | $245.0M | $357.9M | $354.6M | $424.0M |
| Gross Margin | 20.2% | 20.0% | 20.7% | 19.4% | 16.0% | 20.4% | 20.6% | 21.6% |
| Operating Expenses | ||||||||
| Research & Development | $82.3M | $105.9M | $92.8M | $90.3M | $82.9M | $78.2M | $84.1M | $86.8M |
| SG&A Expense | $162.5M | $193.9M | $117.8M | $127.4M | $102.7M | $126.2M | $100.9M | $110.4M |
| Operating Income | $-39.1M | $-320.1M | $20.4M | $-12.9M | $-36.1M | $65.8M | $66.1M | $119.7M |
| Operating Margin | -2.4% | -16.7% | 1.1% | -0.7% | -2.4% | 3.7% | 3.8% | 6.1% |
| Interest Expense | $30.4M | $31.0M | $33.1M | $33.2M | $34.1M | $34.3M | $36.2M | $34.6M |
| Pretax Income | $-57.7M | $-356.9M | $-12.1M | $-92.6M | $-71.1M | $12.2M | $35.0M | $85.9M |
| Income Tax Expense | $-10.5M | $-53.6M | $3.6M | $-13.5M | $-4.4M | $1.4M | $7.4M | $17.0M |
| Net Income | $-47.4M | $-303.6M | $-15.8M | $-79.3M | $-66.8M | $10.6M | $27.7M | $68.7M |
| Net Margin | -2.9% | -15.8% | -0.9% | -4.3% | -4.3% | 0.6% | 1.6% | 3.5% |
| EPS (Basic) | $-0.83 | $-5.34 | $-0.28 | $-1.39 | $-1.17 | $0.19 | $0.49 | $1.21 |
| EPS (Diluted) | $-0.83 | $-5.34 | $-0.28 | $-1.39 | $-1.17 | $0.18 | $0.49 | $1.21 |
| Shares Outstanding (Basic) | 57.4M | 56.9M | 56.9M | 57.0M | 56.9M | 56.5M | 56.2M | 56.6M |
| Shares Outstanding (Diluted) | 57.4M | 56.9M | 56.9M | 57.0M | 56.9M | 56.8M | 56.5M | 56.9M |
| Dividends Per Share | $0.68 | $0.67 | $0.67 | $0.67 | $0.67 | $0.66 | $0.66 | $0.66 |