Polaris Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	7,152	7,175	8,934	8,589	7,439
Other Revenue	84.3	97.6	80.4	48.4	53.8
Revenue	7,236	7,273	9,015	8,637	7,493
Revenue Growth (YoY)	-0.51%	-19.32%	4.37%	15.27%	17.78%
Cost of Revenue	5,777	5,709	6,975	6,630	5,688
Gross Profit	1,459	1,564	2,040	2,008	1,805
Selling, General & Admin	1,047	936.9	965.1	836.7	764
Research & Development	371.9	336.9	374.3	366.7	328.7
Operating Expenses	1,419	1,274	1,339	1,203	1,093
Operating Income	40.5	290.6	700.9	804.5	712
Interest Expense	-131.4	-137	-125	-71.7	-44.2
Currency Exchange Gain (Loss)	-	-22.7	4	-	-
Other Non Operating Income (Expenses)	-52.6	9.9	40.5	28.6	-2.3
EBT Excluding Unusual Items	-143.5	140.8	620.4	761.4	665.5
Merger & Restructuring Charges	-6.2	-	-	-	-
Impairment of Goodwill	-52.6	-	-	-	-
Gain (Loss) on Sale of Assets	-330.4	-	-	-	-36.8
Pretax Income	-532.7	140.8	620.4	761.4	628.7
Income Tax Expense	-67.9	29.6	117.7	158	132.1
Earnings From Continuing Operations	-464.8	111.2	502.7	603.4	496.6
Earnings From Discontinued Operations	-	-	-	-155.8	-2.3
Net Income to Company	-464.8	111.2	502.7	447.6	494.3
Minority Interest in Earnings	-0.7	-0.4	0.1	-0.5	-0.4
Net Income	-465.5	110.8	502.8	447.1	493.9
Net Income to Common	-465.5	110.8	502.8	447.1	493.9
Net Income Growth	-	-77.96%	12.46%	-9.48%	295.75%
Shares Outstanding (Basic)	57	57	57	59	61
Shares Outstanding (Diluted)	57	57	58	60	63
Shares Change (YoY)	0.18%	-1.56%	-3.99%	-4.15%	0.16%
EPS (Basic)	-8.18	1.96	8.81	7.54	8.06
EPS (Diluted)	-8.18	1.95	8.71	7.45	7.88
EPS Growth	-	-77.61%	16.95%	-5.53%	296.86%
Free Cash Flow	558.1	6.5	513.2	202	10.9
Free Cash Flow Per Share	9.81	0.11	8.89	3.36	0.17
Dividend Per Share	2.680	2.640	2.600	2.560	2.520
Dividend Growth	1.52%	1.54%	1.56%	1.59%	1.61%
Gross Margin	20.16%	21.51%	22.63%	23.25%	24.09%
Operating Margin	0.56%	4.00%	7.78%	9.31%	9.50%
Profit Margin	-6.43%	1.52%	5.58%	5.18%	6.59%
Free Cash Flow Margin	7.71%	0.09%	5.69%	2.34%	0.14%
EBITDA	327	576.9	959.8	1,037	928.4
EBITDA Margin	4.52%	7.93%	10.65%	12.01%	12.39%
D&A For EBITDA	286.5	286.3	258.9	232.8	216.4
EBIT	40.5	290.6	700.9	804.5	712
EBIT Margin	0.56%	4.00%	7.78%	9.31%	9.50%
Effective Tax Rate	-	21.02%	18.97%	20.75%	21.01%
Advertising Expenses	-	85.5	94.1	87.6	90.8

Updated Jan 27, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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