PII · XBRL financial data

Polaris financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (PII's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	2,289*	1,736	1,961	1,722	1,755*	1,536	1,853	1,842	1,922*	1,659	2,023	2,043
Cost of goods and services sold	1,812*	1,406	1,537	1,368	1,398*	1,291	1,494	1,461	1,538*	1,324	1,545	1,610
Gross profit	477*	330	424	355	358*	245	359	380	384*	335	478	432
Research and development	93*	88	87	84	78*	83	90	93	106*	82	94	88
General and administrative	137*	99	110	101	126*	103	127	118	194*	163	143	161
Total operating expenses	357*	313	330	313	318*	303	395	380	724*	390	346	376
Operating income (loss)	143*	39	120	66	66*	(36)	(13)	20	(320)*	(39)	149	73
Interest expense	33*	32	35	36	34*	34	33	33	31*	30	34	28
Other income (expense)	11*	1	1	5	(19)*	(1)	(47)	1	(6)*	12	18	11
Income tax expense (benefit)	18*	4	17	7	1*	(4)	(14)	4	(54)*	(11)	27	18
Net income (loss)	103*	4	69	28	11*	(67)	(79)	(16)	(304)*	(47)	106	38
Earnings per share, basic USD per share	1.82*	0.07	1.21	0.49	0.19*	(1.17)	(1.39)	(0.28)	(5.34)*	(0.83)	1.85	0.67
Earnings per share, diluted USD per share	1.81*	0.07	1.21	0.49	0.19*	(1.17)	(1.39)	(0.28)	(5.34)*	(0.83)	1.82	0.66
Weighted average shares, basic millions of shares	57*	57	57	56	56*	57	57	57	57*	57	58	58
Weighted average shares, diluted millions of shares	57*	57	57	57	57*	57	57	57	57*	57	58	59

Balance sheet

CSV

Fiscal quarters (PII's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	368	319	323	291	288	292	324	336	138	282	302	302
Accounts receivable	306	254	255	224	192	211	225	230	238	249	285	277
Inventory	1,811	1,953	2,001	1,999	1,742	1,748	1,698	1,697	1,412	1,568	1,566	1,545
Prepaid and other current assets	198	196	211	156	396	314	321	311	367	434	360	272
Total current assets	2,692	2,733	2,800	2,728	2,632	2,594	2,613	2,603	2,207	2,590	2,568	2,439
Property and equipment, net	1,202	1,215	1,213	1,200	1,187	1,159	1,147	1,082	1,031	996	976	976
Right-of-use asset	144	144	137	132	127	124	125	119	121	113	107	128
Goodwill	394	392	396	399	394	396	349	349	349	349	349	349
Total assets	5,516	5,567	5,709	5,630	5,525	5,450	5,388	5,305	4,894	5,242	5,199	5,051
Accounts payable	713	779	785	701	563	724	774	809	763	834	883	903
Accrued liabilities	1,124	988	1,094	1,058	1,260	1,116	1,253	1,266	1,355	1,226	1,185	1,312
Total current liabilities	1,934	1,861	1,975	2,253	2,293	2,312	2,504	2,548	2,243	2,134	2,141	2,293
Lease liability, non-current	115	115	109	104	100	97	97	93	97	90	83	105
Total liabilities	4,085	4,176	4,357	4,275	4,225	4,215	4,194	4,145	4,054	4,481	4,354	4,200
Retained earnings (accumulated deficit)	244	197	183	173	149	45	(72)	(127)	(469)	(560)	(496)	(496)
Total stockholders' equity	1,418	1,378	1,338	1,342	1,290	1,226	1,185	1,150	828	750	837	845
Total liabilities and equity	5,516	5,567	5,709	5,630	5,525	5,450	5,388	5,305	4,894	5,242	5,199	5,051
Common shares outstanding (cover page) millions of shares	56	57	56	56	56	56	56	56	57	57	57	57

Cash flows

CSV

Fiscal quarters (PII's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	103*	4	69	28	11*	(67)	(79)	(16)	(304)*	(47)	106	38
Stock-based compensation	13*	13	16*	10*	11*	13	20*	16*	11*	21	14*	14*
Depreciation and amortization	72*	63	70*	74*	80*	73	73*	73*	68*	63	65*	68*
Net cash from operating activities	550*	(105)	146*	21*	206*	83	320*	159*	179*	(320)	230*	382*
Purchases of property and equipment	101*	72	67*	53*	69*	36	41*	42*	65*	30	44*	67*
Net cash from investing activities	(116)*	(57)	(109)*	(52)*	(53)*	(28)	(31)*	(17)*	(63)*	(122)	(31)*	(18)*
Share repurchases	19*	16	66*	0*	0*	2	0*	0*	0*	9	0*	0*
Dividends paid	37*	37	37*	37*	37*	38	38*	38*	37*	39	39*	39*
Proceeds from long-term debt	860*	842	860*	1,143*	850*	705	674*	457*	1,306*	—	—	—
Net cash from financing activities	(370)*	116	(28)*	(5)*	(142)*	(57)	(272)*	(130)*	(234)*	507	(179)*	(362)*
Net change in cash	72*	(49)	4*	(31)*	(3)*	4	33*	12*	(115)*	62	20*	(0)*

Compare with peers

SIC 3790 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3790 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3790) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Polaris	302	2,043	382*	56.9M	—	Q3 FY26 10-QSep 30, 2026
Massimo Groupadded: same SIC	4.6	15	1.3*	41.6M	—	Q2 FY26 10-QJun 30, 2026
BRPadded: same SIC	427	year only	year only	not reported	—	Q4 FY26 40-FJan 31, 2026
Nano Mobile Healthcareadded: same SIC	0	not reported	(0.2)	803.7M	0.0 quarters	Q1 FY17 10-QSep 30, 2016

Not investment advice. Not affiliated with the U.S. SEC.