Polaris Inc.
Polaris Inc. (PII) Financial Performance & Income Statement Overview
Explore the financials of Polaris Inc. (PII), including yearly and quarterly data on income, cash flow, and balance sheets.
Polaris Inc. (PII) Income Statement & Financial Overview
Review Polaris Inc. PII income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $1.54B | $1.76B | $1.72B | $1.96B |
| Cost of Revenue | $1.29B | $1.40B | $1.37B | $1.56B |
| Gross Profit | $245.00M | $357.90M | $354.60M | $403.80M |
| Gross Profit Ratio | $0.16 | $0.20 | $0.21 | $0.21 |
| R&D Expenses | $82.90M | $78.20M | $84.10M | $86.80M |
| SG&A Expenses | $220.30M | $240.00M | $228.50M | $243.00M |
| Operating Expenses | $303.20M | $292.10M | $288.50M | $305.00M |
| Total Costs & Expenses | $1.59B | $1.69B | $1.67B | $1.86B |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $34.10M | $34.30M | $36.20M | $34.60M |
| Depreciation & Amortization | $73.40M | $79.50M | $74.40M | $69.50M |
| EBITDA | $36.40M | $126.00M | $147.10M | $191.50M |
| EBITDA Ratio | $0.02 | $0.07 | $0.09 | $0.10 |
| Operating Income | -$36.10M | $65.80M | $66.10M | $98.80M |
| Operating Income Ratio | -$0.02 | $0.04 | $0.04 | $0.05 |
| Other Income/Expenses (Net) | -$35.00M | -$53.60M | -$31.10M | -$33.80M |
| Income Before Tax | -$71.10M | $12.20M | $35.00M | $85.90M |
| Income Before Tax Ratio | -$0.05 | $0.007 | $0.02 | $0.04 |
| Income Tax Expense | -$4.40M | $1.40M | $7.40M | $17.00M |
| Net Income | -$66.80M | $10.60M | $27.70M | $68.70M |
| Net Income Ratio | -$0.04 | $0.006 | $0.02 | $0.04 |
| EPS | -$1.17 | $0.19 | $0.49 | $1.21 |
| Diluted EPS | -$1.17 | $0.19 | $0.49 | $1.21 |
| Weighted Avg Shares Outstanding | $56.90M | $56.50M | $56.20M | $56.60M |
| Weighted Avg Shares Outstanding (Diluted) | $56.90M | $56.80M | $56.50M | $56.90M |
The company's financials show resilient growth, with revenue advancing from $1.96B in Q2 2024 to $1.54B in Q1 2025. Gross profit remained healthy with margins at 16% in Q1 2025 compared to 21% in Q2 2024. Operating income hit -$36.10M last quarter, sustaining a consistent -2% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $36.40M. Net income dropped to -$66.80M, while earnings per share reached -$1.17. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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