Polaris Inc.
PIINYSE
$73.20
↓ -0.8%Jul 17 close · end-of-day
Price
1Y↑ +62.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$4.2B
Enterprise Value
$6.0B
P/E
—
P/S
0.6
P/B
5.6
EV/EBITDA
—
PEG
—
FCF Yield
3.8%
Dividend Yield
3.7%
Revenue (TTM)
$7.3B
Net Income (TTM)
-$446.1M
Free Cash Flow (TTM)
$160.6M
Gross Margin
20.1%
Operating Margin
-4.8%
Net Margin
-6.1%
ROE
-59.5%
ROIC
-10.9%
Debt / Equity
2.8
Net Cash
-$1.8B
Return 1Y
+62.6%
Company profile
Polaris Inc. designs, engineers, manufactures, and markets power sports vehicles. It operates through six segments: ORV, Snowmobiles, Motorcycles, Global Adjacent Markets, Aftermarket, and Boats. The company provides its products through dealers and distributors, and online.
- CEO
- Michael T. Speetzen
- Sector
- Manufacturing
- Industry
- Automobiles And Trucks
- Employees
- 16,200
- Headquarters
- Minnesota
- Website
- polaris.com
Management & directors
- Mack Robert PaulCFO, EVP - Finance + Corp Dev
- Winings Matthew SSVP General Counsel Secretary
- Duke Benjamin DPresident-Marine
- Speetzen Michael TCEO
- Williams James PSVP-CHRO
- Dougherty Michael D.President - On Road and Int'l
Roles derived from SEC Form 4 filings.
Earnings
PII Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$1.7B↑ +8.0%
Diluted EPS-$0.83↓ -29.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $6.3B | $7.4B | $8.6B | $8.9B | $7.2B | $7.2B |
| Gross profit | $1.5B | $1.8B | $2.0B | $2.0B | $1.5B | $1.4B |
| Operating income | $521.0M | $712.0M | $804.5M | $700.9M | $290.6M | -$348.7M |
| Net income | $124.8M | $493.9M | $447.1M | $502.8M | $110.8M | -$465.5M |
| Diluted EPS | $1.99 | $7.88 | $7.44 | $8.71 | $1.95 | -$8.18 |
| Operating cash flow | $1.0B | $293.7M | $508.6M | $925.8M | $268.2M | $741.0M |
| Free cash flow | $814.3M | $10.9M | $202.0M | $513.2M | $6.5M | $558.1M |
| Gross margin | 24.4% | 23.5% | 22.8% | 21.9% | 20.4% | 19.1% |
| Operating margin | 8.3% | 9.6% | 9.4% | 7.8% | 4.0% | -4.9% |
| Net margin | 2.0% | 6.6% | 5.2% | 5.6% | 1.5% | -6.5% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0B | $1.7B | $1.8B | $1.5B | $1.9B | $1.8B | $1.9B | $1.7B |
| Gross profit | $424.0M | $354.6M | $357.9M | $245.0M | $359.2M | $380.3M | $384.2M | $334.8M |
| Operating income | $119.7M | $66.1M | $65.8M | -$36.1M | -$12.9M | $20.4M | -$320.1M | -$39.1M |
| Net income | $68.7M | $27.7M | $10.6M | -$66.8M | -$79.3M | -$15.8M | -$303.6M | -$47.4M |
| Diluted EPS | $1.21 | $0.49 | $0.18 | -$1.17 | -$1.39 | -$0.28 | -$5.34 | -$0.83 |
| Operating cash flow | $146.3M | $21.0M | $206.3M | $83.2M | $320.3M | $158.8M | $178.7M | -$320.2M |
| Free cash flow | $79.1M | -$32.4M | $137.3M | $47.6M | $279.8M | $116.7M | $114.0M | -$349.9M |
| Gross margin | 21.6% | 20.6% | 20.4% | 16.0% | 19.4% | 20.7% | 20.0% | 20.2% |
| Operating margin | 6.1% | 3.8% | 3.7% | -2.4% | -0.7% | 1.1% | -16.7% | -2.4% |
| Net margin | 3.5% | 1.6% | 0.6% | -4.3% | -4.3% | -0.9% | -15.8% | -2.9% |
Company news
Jul 13, 2026
Jul 10, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | Semach Dustin J. | Award | 579 | $64.73 | $37,492.91 | filing |
| 2026-07-01 | Bilicic George W | Award | 560 | $64.73 | $36,250.09 | filing |
| 2026-07-01 | KESSLER BERND F | Award | 531 | $64.73 | $34,374.87 | filing |
| 2026-07-01 | Henricks Gwenne A. | Award | 492 | $64.73 | $31,874.99 | filing |
| 2026-07-01 | Hendrickson Gary E | Award | 492 | $64.73 | $31,874.99 | filing |
| 2026-07-01 | Shotwell Gwynne | Award | 492 | $64.73 | $31,874.99 | filing |
| 2026-06-01 | Mack Robert Paul· CFO, EVP - Finance + Corp Dev | Option exercise | 23 | — | — | filing |
| 2026-05-11 | Winings Matthew S· SVP General Counsel Secretary | Tax withholding | 438 | $66.28 | $29,030.64 | filing |
| 2026-04-30 | Hendrickson Gary E | Award | 2,641 | $66.27 | $175,019.07 | filing |
| 2026-04-30 | WIEHOFF JOHN | Award | 2,641 | $66.27 | $175,019.07 | filing |
| 2026-04-30 | Shotwell Gwynne | Award | 2,641 | $66.27 | $175,019.07 | filing |
| 2026-04-30 | Kingsley Lawrence D | Award | 2,641 | $66.27 | $175,019.07 | filing |
| 2026-04-30 | KESSLER BERND F | Award | 2,641 | $66.27 | $175,019.07 | filing |
| 2026-04-30 | Jackson Darryl R. | Award | 2,641 | $66.27 | $175,019.07 | filing |
| 2026-04-30 | Henricks Gwenne A. | Award | 2,641 | $66.27 | $175,019.07 | filing |
| 2026-04-30 | Bilicic George W | Award | 2,641 | $66.27 | $175,019.07 | filing |
| 2026-04-01 | Hendrickson Gary E | Award | 651 | $54.70 | $35,625.02 | filing |
| 2026-04-01 | Bilicic George W | Award | 640 | $54.70 | $34,999.80 | filing |
| 2026-04-01 | KESSLER BERND F | Award | 606 | $54.70 | $33,125.23 | filing |
| 2026-04-01 | Shotwell Gwynne | Award | 560 | $54.70 | $30,624.89 | filing |
| 2026-04-01 | Henricks Gwenne A. | Award | 560 | $54.70 | $30,624.89 | filing |
| 2026-03-02 | Mack Robert Paul· CFO, EVP - Finance + Corp Dev | Option exercise | 23 | — | — | filing |
| 2026-02-12 | Mack Robert Paul· CFO, EVP - Finance + Corp Dev | Sale | 3,963 | $67.08 | $265,838.04 | filing |
| 2026-02-12 | Mack Robert Paul· CFO, EVP - Finance + Corp Dev | Sale | 3,823 | $66.57 | $254,497.11 | filing |
| 2026-02-11 | Speetzen Michael T· CEO | Sale | 22,894 | $66.98 | $1.5M | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.