Polaris Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	7,275	7,152	7,175	8,934	8,589	7,439
Revenue Growth (YoY)	4.30%	-0.33%	-19.69%	4.02%	15.46%	18.43%
Cost of Revenue	5,816	5,783	5,709	6,975	6,630	5,688
Gross Profit	1,459	1,369	1,467	1,960	1,960	1,751
Selling, General & Admin	1,103	1,047	936.9	965.1	836.7	764
Research & Development	371.3	371.9	336.9	374.3	366.7	328.7
Other Operating Expenses	48.2	298.7	-97.6	-80.4	-48.4	-53.8
Total Operating Expenses	1,522	1,717	1,176	1,259	1,155	1,039
Operating Income	-63.6	-348.7	290.6	700.9	804.5	712
Interest Expense	-127.7	-131.4	-137	-125	-71.7	-44.2
Other Non-Operating Income (Expense)	-39.9	-52.6	-12.8	44.5	28.6	-39.1
Total Non-Operating Income (Expense)	-167.6	-184	-149.8	-80.5	-43.1	-83.3
Pretax Income	-231.2	-532.7	140.8	620.4	761.4	628.7
Provision for Income Taxes	-74	-67.9	29.6	117.7	158	132.1
Net Income	-156.4	-464.1	111.6	502.6	448.1	494.7
Minority Interest in Earnings	-0.8	-0.7	-0.4	0.1	-0.5	-0.4
Earnings From Discontinued Operations	-	-	-	-	-155.8	-2.3
Net Income to Common	-156.4	-464.1	111.6	502.6	448.1	494.7
Net Income Growth	-	-	-77.80%	12.16%	-9.42%	295.76%
Shares Outstanding (Basic)	57	57	57	57	59	61
Shares Outstanding (Diluted)	57	57	57	58	60	63
Shares Change (YoY)	0.57%	0.18%	-1.56%	-3.99%	-4.15%	0.16%
EPS (Basic)	-7.84	-8.18	1.96	8.80	7.54	8.06
EPS (Diluted)	-7.84	-8.18	1.95	8.71	7.44	7.88
EPS Growth	-	-	-77.61%	17.07%	-5.58%	295.98%
Shares Outstanding	56.9	56.5	56.1	56.5	57	60.4
Free Cash Flow	160.6	558.1	6.5	513.2	202	10.9
Free Cash Flow Growth	-71.22%	8486.15%	-98.73%	154.06%	1753.21%	-98.66%
Free Cash Flow Per Share	2.82	9.81	0.11	8.89	3.36	0.17
Dividends Per Share	2.690	2.680	2.640	2.600	2.560	2.520
Dividend Growth	0.37%	1.52%	1.54%	1.56%	1.59%	1.61%
Gross Margin	20.05%	19.14%	20.44%	21.94%	22.81%	23.54%
Operating Margin	-0.87%	-4.88%	4.05%	7.84%	9.37%	9.57%
Profit Margin	-2.16%	-6.50%	1.55%	5.63%	7.03%	6.68%
FCF Margin	2.21%	7.80%	0.09%	5.74%	2.35%	0.15%
EBITDA	212.7	-62.2	576.9	959.8	1,037	928.4
EBITDA Margin	2.92%	-0.87%	8.04%	10.74%	12.08%	12.48%
EBIT	-63.6	-348.7	290.6	700.9	804.5	712
EBIT Margin	-0.87%	-4.88%	4.05%	7.84%	9.37%	9.57%
Effective Tax Rate	32.01%	12.75%	21.02%	18.97%	20.75%	21.01%

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q