Polaris Income Statement
PII / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Polaris reported $7.2B in revenue and $466M in net loss for FY2025. Revenue has grown at a 7.3% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.2B | $7.2B | $7.4B | $6.3B | $7.4B | $6.3B | $6.8B | $6.1B | $5.4B | $4.5B | $4.7B | $3.2B | $2.7B | $3.2B | $2.7B |
| Cost of Revenue | $5.8B | $5.7B | $5.7B | $4.7B | $5.7B | $4.7B | $5.1B | $4.6B | $4.1B | $3.2B | $3.4B | $2.3B | $1.9B | $2.3B | $1.9B |
| Gross Profit | $1.4B | $1.5B | $1.8B | $1.5B | $1.8B | $1.5B | $1.6B | $1.5B | $1.3B | $1.3B | $1.3B | $925.3M | $740.6M | $925.3M | $740.6M |
| SG&A Expense | $541.8M | $436.5M | $305.8M | $296.1M | $305.8M | $296.1M | $393.9M | $349.7M | $331.2M | $203.2M | $209.1M | $143.1M | $130.4M | $143.1M | $130.4M |
| R&D Expense | $371.9M | $336.9M | $328.7M | $288.1M | $328.7M | $288.1M | $292.9M | $259.7M | $238.3M | $148.5M | $166.5M | $127.4M | $105.6M | $127.4M | $105.6M |
| Operating Income | -$348.7M | $290.6M | $712.0M | $521.0M | $712.0M | $521.0M | $483.7M | $487.4M | $359.7M | $714.7M | $716.1M | $478.4M | $349.9M | $478.4M | $349.9M |
| Interest Expense | $131.4M | $137.0M | $44.2M | $66.8M | $44.2M | $66.8M | $77.6M | $57.0M | $32.2M | $11.2M | $11.5M | $5.9M | $4.0M | $5.9M | $4.0M |
| Income Tax | -$67.9M | $29.6M | $132.1M | $89.9M | $132.1M | $89.9M | $83.9M | $93.9M | $146.3M | $245.3M | $230.4M | $167.5M | $119.1M | $167.5M | $119.1M |
| Net Income | -$465.5M | $110.8M | $493.9M | $124.8M | $493.9M | $124.8M | $324.0M | $335.3M | $172.5M | $454.0M | $455.4M | $312.3M | $227.6M | $312.3M | $227.6M |
| EPS (Basic) | $8.80 | $7.54 | $8.06 | $2.02 | $5.27 | $5.36 | $2.74 | $3.31 | $6.90 | $6.86 | $5.51 | $4.54 | $3.31 | $2.20 | $1.56 |
| EPS (Diluted) | $8.71 | $7.44 | $7.88 | $1.99 | $5.20 | $5.24 | $2.69 | $3.27 | $6.75 | $6.65 | $5.35 | $4.40 | $3.20 | $2.14 | $1.53 |
| Shares Outstanding | 56.1M | 56.5M | 57.0M | 60.4M | 61.9M | 61.4M | 60.9M | 63.1M | 63.1M | 65.3M | 66.3M | 65.6M | 68.6M | 68.4M | 68.5M |
| Gross Margin | 19.1% | 20.4% | 23.5% | 24.4% | 23.5% | 24.4% | 24.3% | 24.7% | 24.4% | 29.4% | 28.4% | 28.8% | 27.9% | 28.8% | 27.9% |
| Operating Margin | -4.9% | 4.0% | 9.6% | 8.3% | 9.6% | 8.3% | 7.1% | 8.0% | 6.6% | 16.0% | 15.2% | 14.9% | 13.2% | 14.9% | 13.2% |
| Profit Margin | -6.5% | 1.5% | 6.6% | 2.0% | 6.6% | 2.0% | 4.8% | 5.5% | 3.2% | 10.1% | 9.7% | 9.7% | 8.6% | 9.7% | 8.6% |