Polaris Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $4.5b
$5.4b +20.19%
$6.1b +11.98%
$6.8b +11.58%
$7.0b +3.62%
$8.2b +16.65%
$8.6b +4.77%
$8.9b +4.02%
$7.2b -19.69%
$7.2b -0.33%
$7.4b +4.10%
Cost of Revenue $3.4b
$4.1b +20.31%
$4.6b +11.54%
$5.1b +12.16%
$5.3b +3.58%
$6.3b +17.64%
$6.6b +5.98%
$7.0b +5.20%
$5.7b -18.15%
$5.8b +1.31%
$5.9b +1.45%
Gross Profit $1.1b
$1.3b +19.81%
$1.5b +13.33%
$1.6b +9.83%
$1.7b +3.73%
$1.9b +13.59%
$2.0b +0.86%
$2.0b +0.02%
$1.5b -25.16%
$1.4b -6.69%
$1.6b +15.26%
Research and Development Expense $185.1m $238.3m $259.7m $292.9m $295.6m $336.7m $366.7m $374.3m $336.9m $371.9m $374.6m
Selling and Marketing Expense $342.2m $471.8m $491.8m $559.1m $544.3m $584.8m $480.8m $542.3m $500.4m $505.0m $1.1b
General and Administrative Expense $306.4m $331.2m $349.8m $393.9m $359.2m $366.0m $355.9m $422.8m $436.5m $541.8m $617.1m
Amortization of Intangible Assets $16.5m $25.9m $32.9m $40.9m $36.1m $34.0m $18.8m $17.7m $21.9m $23.0m
Restructuring Costs $23.4m $20.1m
Operating Expenses $833.8m $1.0b $1.1b $1.2b $1.6b $1.3b $1.2b $1.3b $1.3b $1.8b $1.4b
Operating Income (Loss) $350.3m
$359.7m +2.68%
$487.4m +35.52%
$483.7m -0.77%
$212.3m -56.11%
$709.0m +233.96%
$804.5m +13.47%
$700.9m -12.88%
$290.6m -58.54%
($348.7m) -219.99%
$169.5m +148.61%
Interest Expense $16.3m $32.2m $57.0m $77.6m $66.7m $44.2m $71.7m $125.0m $137.0m $131.4m $128.2m
Other Nonoperating Income (Expense) ($13.8m) ($2.0m) $28.1m $6.9m ($4.2m) ($2.3m) $28.6m $44.5m ($12.8m) ($52.6m)
Income (Loss) from Equity Method Investments ($6.9m) ($6.8m) ($29.3m) ($5.1m) $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $262.4m $264.2m $344.7m $344.3m $72.9m $490.3m $608.4m $480.7m $1.3m ($538.1m) ($293.3m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $313.3m $318.8m $429.2m $407.8m $141.4m $625.7m $761.4m $620.4m $140.8m ($532.7m) ($293.3m)
Income Tax Expense (Benefit) $100.3m $146.3m $94.0m $83.9m $16.5m $131.4m $158.0m $117.7m $29.6m ($67.9m) ($33.7m)
Net Income (Loss) Attributable to Parent $212.9m
$172.5m -19.00%
$335.3m +94.36%
$324.0m -3.37%
$124.8m -61.48%
$493.9m +295.75%
$447.1m -9.48%
$502.8m +12.46%
$110.8m -77.96%
($465.5m) -520.13%
($260.4m) +44.06%
Net Income (Loss) Attributable to Noncontrolling Interest $0 $0 ($76k) $100k $400k $500k ($100k) $400k $700k ($260.4m)
Earnings Per Share, Basic $3.31 $2.74 $5.36 $5.27 $2.02 $8.06 $7.54 $8.80 $1.96 ($8.18) ($4.60)
Earnings Per Share, Diluted $3.27 $2.69 $5.24 $5.20 $1.99 $7.88 $7.44 $8.71 $1.95 ($8.18) ($4.60)
Income (Loss) from Continuing Operations, Per Basic Share $10 $9 $2
Income (Loss) from Continuing Operations, Per Diluted Share $3 $3 $5 $5 $2 $8 $10 $9 $2 ($8)
Common Stock, Dividends, Per Share, Declared $2.20 $2.32 $2.40 $2.44 $2.48 $2.50 $2.53 $2.58 $2.61 $2.64
Weighted Average Number of Shares Outstanding, Basic 64.3m 62.9m 62.5m 61.4m 61.9m 61.3m 59.3m 57.1m 56.5m 56.9m 57.1m
Weighted Average Number of Shares Outstanding, Diluted 65.2m 64.2m 63.9m 62.3m 62.6m 62.7m 60.1m 57.7m 56.8m 56.9m 57.6m
Additional Financial Items
Goodwill, Impairment Loss $270.3m $0 $0 $0 $0 $52.6m $0
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax ($13.2m) $0 $0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $0 $0 $76k $100k $400k $602.9m $502.8m $110.8m $700k
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $0 $76k $100k $400k $603.4m $502.7m $111.2m $700k
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $0 $76k $100k $400k ($13.2m) $0 $0 $700k
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 $0 $76k $100k $400k ($155.8m) $0 $0 $700k

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.