Polaris financials
$52.54+0.46%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY19 Aug 2 | FY18 Dec 31 | FY18 Jul 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.15B | $7.18B | $8.93B | $8.59B | $7.44B | $6.28B | $6.86B | $3.07B | $6.08B | $3.03B |
| Gross profit | $1.37B | $1.47B | $1.96B | $1.96B | $1.75B | $1.54B | $1.73B | $2.14B | $1.50B | $2.10B |
| Gross margin | 19.1% | 20.4% | 21.9% | 22.8% | 23.5% | 24.4% | 25.2% | 69.7% | 24.7% | 69.1% |
| Operating income | -$102.6M | $193.0M | $620.5M | $804.5M | $712.0M | $440.6M | $483.7M | $282.8M | $487.4M | $293.6M |
| Net income | -$465.5M | $110.8M | $502.8M | $447.1M | $493.9M | $124.8M | $324.0M | $223.4M | $335.3M | $247.6M |
| Net margin | −6.5% | 1.5% | 5.6% | 5.2% | 6.6% | 2.0% | 4.7% | 7.3% | 5.5% | 8.2% |
| Diluted EPS | $-8.18 | $1.95 | $8.71 | $7.44 | $7.88 | $1.99 | $5.20 | $9.27 | $5.24 | $10.29 |
| EBITDA | $236.5M | $479.3M | $879.4M | $1.04B | $928.4M | $757.5M | $718.2M | $390.4M | $698.4M | $387.3M |
| Operating cash flow | $741.0M | $268.2M | $925.8M | $508.6M | $293.7M | $1.12B | $685.9M | $362.8M | $477.1M | $330.6M |
| Free cash flow | $558.1M | $6.5M | $513.2M | $202.0M | $10.9M | $914.7M | $434.5M | $224.5M | $251.7M | $178.4M |
| Diluted shares | 56.9M | 56.8M | 57.7M | 60.1M | 62.7M | 62.6M | 62.3M | 24.1M | 63.9M | 24.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $138.0M | $287.8M | $367.8M | $324.5M | $502.3M | $634.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.54B | $2.07B | $1.91B | $2.06B | $1.80B | $1.45B |
| Total assets | $4.89B | $5.53B | $5.52B | $5.22B | $5.05B | $4.63B |
| Total liabilities | $4.05B | $4.22B | $4.09B | $4.10B | $3.81B | $3.48B |
| Shareholders' equity | $832.9M | $1.29B | $1.42B | $1.10B | $1.23B | $1.14B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology