Growth Metrics

Polaris (PII) Capital Expenditures (2009 - 2026)

Polaris (PII) reported Capital Expenditures of $29.7 million for Q1 2026, down 16.57% year-over-year from $35.6 million in Q1 2025, and down 54.1% on a QoQ basis from $64.7 million in Q4 2025.

Polaris (PII) has 18 years of Capital Expenditures data on file, last reported at $29.7 million in Q1 2026.

  • Quarterly Capital Expenditures fell 16.57% year-over-year to $29.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $177.0 million (down 21.4% YoY) and the FY2025 annual result came in at $182.9 million, down 30.11% from the prior year.
  • Capital Expenditures retreated to $29.7 million in Q1 2026 per PII's latest filing, from $64.7 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $113.0 million in Q4 2022 and bottomed at $29.7 million in Q1 2026.
  • The 5-year median for Capital Expenditures is $67.2 million (2024), against an average of $70.2 million.
  • The widest annual swing landed in 2023, when Capital Expenditures jumped 75.79%; it then sank 50.62% in 2025.
  • Tracing PII's Capital Expenditures over 5 years: stood at $113.0 million in 2022, then slipped by 10.71% to $100.9 million in 2023, then plunged by 31.62% to $69.0 million in 2024, then declined by 6.23% to $64.7 million in 2025, then sank by 54.1% to $29.7 million in 2026.
  • Per Business Quant, the three latest PII Capital Expenditures figures stand at $29.7 million (Q1 2026), $64.7 million (Q4 2025), and $42.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 57.20 Mn
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn -24.66 Mn
3 Polaris 4.05 Bn 3.77 Bn - 29.70 Mn
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn -79.41 Mn
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 18.93 Mn
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 368.84 Mn
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 9.67 Mn
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn -4.90 Mn
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 5.89 Mn
10 MasterCraft Boat Holdings 376.07 Mn 291.65 Mn 19.54 Mn 5.69 Mn

Historic Data

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DateValue
Mar 31, 2026 29.70 Mn
Mar 31, 2026 29.70 Mn
Dec 31, 2025 64.70 Mn
Dec 31, 2025 64.70 Mn
Sep 30, 2025 42.10 Mn
Sep 30, 2025 42.10 Mn
Jun 30, 2025 40.50 Mn
Jun 30, 2025 40.50 Mn
Mar 31, 2025 35.60 Mn
Mar 31, 2025 35.60 Mn
Dec 31, 2024 69.00 Mn
Dec 31, 2024 69.00 Mn
Sep 30, 2024 53.40 Mn
Sep 30, 2024 53.40 Mn
Jun 30, 2024 67.20 Mn
Jun 30, 2024 67.20 Mn
Mar 31, 2024 72.10 Mn
Mar 31, 2024 72.10 Mn
Dec 31, 2023 100.90 Mn
Dec 31, 2023 100.90 Mn
Sep 30, 2023 105.50 Mn
Sep 30, 2023 105.50 Mn
Jun 30, 2023 111.80 Mn
Jun 30, 2023 111.80 Mn
Mar 31, 2023 94.40 Mn
Mar 31, 2023 94.40 Mn
Dec 31, 2022 113.00 Mn
Dec 31, 2022 113.00 Mn
Sep 30, 2022 74.20 Mn
Sep 30, 2022 74.20 Mn
Jun 30, 2022 63.60 Mn
Jun 30, 2022 63.60 Mn
Mar 31, 2022 55.80 Mn
Mar 31, 2022 55.80 Mn
Dec 31, 2021 93.60 Mn
Dec 31, 2021 93.60 Mn
Sep 30, 2021 80.10 Mn
Sep 30, 2021 80.10 Mn
Jun 30, 2021 63.70 Mn
Jun 30, 2021 63.70 Mn
Mar 31, 2021 45.40 Mn
Mar 31, 2021 45.40 Mn
Dec 31, 2020 72.50 Mn
Dec 31, 2020 72.50 Mn
Sep 30, 2020 43.70 Mn
Sep 30, 2020 43.70 Mn
Jun 30, 2020 41.30 Mn
Jun 30, 2020 41.30 Mn
Mar 31, 2020 46.80 Mn
Mar 31, 2020 46.80 Mn
Dec 31, 2019 62.10 Mn
Dec 31, 2019 62.10 Mn
Sep 30, 2019 52.10 Mn
Sep 30, 2019 52.10 Mn
Jun 30, 2019 67.00 Mn
Jun 30, 2019 67.00 Mn
Mar 31, 2019 70.20 Mn
Mar 31, 2019 70.20 Mn
Dec 31, 2018 67.64 Mn
Dec 31, 2018 67.64 Mn
Sep 30, 2018 53.19 Mn
Sep 30, 2018 53.19 Mn
Jun 30, 2018 49.01 Mn
Jun 30, 2018 49.01 Mn
Mar 31, 2018 55.56 Mn
Mar 31, 2018 55.56 Mn
Dec 31, 2017 57.74 Mn
Dec 31, 2017 57.74 Mn
Sep 30, 2017 44.84 Mn
Sep 30, 2017 44.84 Mn
Jun 30, 2017 43.41 Mn
Jun 30, 2017 43.41 Mn
Mar 31, 2017 38.39 Mn
Mar 31, 2017 38.39 Mn
Sep 30, 2016 155.36 Mn
Sep 30, 2016 155.36 Mn
Jun 30, 2016 62.80 Mn
Jun 30, 2016 62.80 Mn
Mar 31, 2016 54.83 Mn
Mar 31, 2016 54.83 Mn
Dec 31, 2015 100.49 Mn
Dec 31, 2015 100.49 Mn
Sep 30, 2015 60.34 Mn
Sep 30, 2015 60.34 Mn
Jun 30, 2015 57.88 Mn
Jun 30, 2015 57.88 Mn
Mar 31, 2015 30.78 Mn
Mar 31, 2015 30.78 Mn
Dec 31, 2014 58.61 Mn
Dec 31, 2014 58.61 Mn
Sep 30, 2014 44.87 Mn
Sep 30, 2014 44.87 Mn
Jun 30, 2014 61.90 Mn
Jun 30, 2014 61.90 Mn
Mar 31, 2014 39.70 Mn
Mar 31, 2014 39.70 Mn
Dec 31, 2013 59.05 Mn
Dec 31, 2013 59.05 Mn
Sep 30, 2013 98.63 Mn
Sep 30, 2013 98.63 Mn
Jun 30, 2013 53.61 Mn
Jun 30, 2013 53.61 Mn
Mar 31, 2013 40.11 Mn
Mar 31, 2013 40.11 Mn
Dec 31, 2012 37.28 Mn
Dec 31, 2012 37.28 Mn
Sep 30, 2012 24.21 Mn
Sep 30, 2012 24.21 Mn
Jun 30, 2012 20.63 Mn
Jun 30, 2012 20.63 Mn
Mar 31, 2012 20.96 Mn
Mar 31, 2012 20.96 Mn
Dec 31, 2011 22.01 Mn
Dec 31, 2011 22.01 Mn
Sep 30, 2011 21.87 Mn
Sep 30, 2011 21.87 Mn
Jun 30, 2011 21.63 Mn
Jun 30, 2011 21.63 Mn
Mar 31, 2011 18.97 Mn
Mar 31, 2011 18.97 Mn
Dec 31, 2010 20.68 Mn
Dec 31, 2010 20.68 Mn
Sep 30, 2010 14.12 Mn
Sep 30, 2010 14.12 Mn
Jun 30, 2010 12.80 Mn
Jun 30, 2010 12.80 Mn
Mar 31, 2010 8.13 Mn
Mar 31, 2010 8.13 Mn
Dec 31, 2009 8.72 Mn
Dec 31, 2009 8.72 Mn
Sep 30, 2009 10.03 Mn
Sep 30, 2009 10.03 Mn