NYSE:PII
Polaris Inc.
Polaris Inc.'s revenue fell 0.3% in fiscal 2025 to $7.2B while operating margin fell to −4.9%, its lowest in 10 years. Free cash flow was $558.1M, 7.8% of revenue.Summary generated from Polaris Inc.'s SEC filings. Latest annual report filed Feb 13, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$7.2B
Revenue growth−0.3%
Revenue, 5-yr CAGR+2.6%
Gross margin19.1%
Operating margin−4.9%
Net margin−6.5%
ROIC−10.5%
Return on equity−44.0%
Debt / equity1.82
Free cash flow$558.1M
FCF margin7.8%
Share count change+0.2%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 7,439 | 8,589 | 8,934 | 7,175 | 7,152 |
| Operating income | 712 | 805 | 701 | 291 | −349 |
| Net income | 494 | 447 | 503 | 111 | −466 |
| Free cash flow | 11 | 202 | 513 | 7 | 558 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 4Insider transaction report
Oct 2, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 28, 2026 - 8-KResults of operations and financial condition
Jul 28, 2026 - 8-KDirector or officer change
Jun 22, 2026 - 8-KDirector or officer change
May 1, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 28, 2026 - 8-KResults of operations and financial condition
Apr 28, 2026