PII · XBRL financial data

Polaris financial statements, every fiscal year

The same tables from 6 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 years (PII's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	7,028	8,198	8,589	8,934	7,175	7,152
Cost of goods and services sold	5,318	6,256	6,630	6,975	5,709	5,783
Gross profit	1,710	1,943	1,960	1,960	1,467	1,369
Research and development	296	337	367	374	337	372
General and administrative	359	366	356	423	437	542
Total operating expenses	1,578	1,288	1,203	1,339	1,274	1,802
Operating income (loss)	212	709	805	701	291	(349)
Interest expense	67	44	72	125	137	131
Other income (expense)	(4)	(2)	29	45	(13)	(53)
Income tax expense (benefit)	17	131	158	118	30	(68)
Net income (loss)	125	494	447	503	111	(466)
Earnings per share, basic USD per share	2.02	8.06	7.54	8.80	1.96	(8.18)
Earnings per share, diluted USD per share	1.99	7.88	7.44	8.71	1.95	(8.18)
Weighted average shares, basic millions of shares	62	61	59	57	57	57
Weighted average shares, diluted millions of shares	63	63	60	58	57	57

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	635	509	325	368	288	138
Accounts receivable	257	241	343	306	192	238
Inventory	1,178	1,645	1,896	1,811	1,742	1,412
Prepaid and other current assets	134	161	184	198	396	367
Total current assets	2,208	2,559	2,768	2,692	2,632	2,207
Property and equipment, net	889	975	1,018	1,202	1,187	1,031
Right-of-use asset	125	165	111	144	127	121
Goodwill	397	391	386	394	394	349
Total assets	4,633	5,048	5,218	5,516	5,525	4,894
Accounts payable	782	797	848	713	563	763
Accrued liabilities	—	757	897	1,124	1,260	1,355
Current portion of long-term debt	142	553	554	—	—	—
Total current liabilities	1,889	2,230	2,329	1,934	2,293	2,243
Long-term debt	1,309	1,247	1,504	—	—	—
Lease liability, non-current	92	129	87	115	100	97
Total liabilities	3,476	3,810	4,104	4,085	4,225	4,054
Retained earnings (accumulated deficit)	218	157	34	244	149	(469)
Total stockholders' equity	1,145	1,224	1,099	1,418	1,290	828
Total liabilities and equity	4,633	5,048	5,218	5,516	5,525	4,894
Common shares outstanding (cover page) millions of shares	62	60	57	56	56	57

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	125	494	447	503	111	(466)
Stock-based compensation	65	61	63	57	49	60
Depreciation and amortization	261	237	233	259	286	287
Net cash from operating activities	1,019	294	509	926	268	741
Purchases of property and equipment	214	298	307	413	262	183
Net cash from investing activities	(151)	(304)	(325)	(462)	(271)	(140)
Share repurchases	50	462	505	179	83	2
Dividends paid	153	153	150	147	148	150
Proceeds from long-term debt	1,366	2,424	2,988	2,770	3,695	3,142
Net cash from financing activities	(415)	(108)	(363)	(431)	(59)	(693)
Net change in cash	461	(128)	(189)	43	(80)	(67)

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.