Polaris (PII) Cost of Revenue (2009 - 2025)
Polaris (PII) posted quarterly Cost of Revenue of $1.5 billion for Q4 2025, up 10.03% year-over-year from $1.4 billion in Q4 2024, and up 5.23% quarter-over-quarter from $1.5 billion in Q3 2025.
Polaris (PII) Cost of Revenue (2009 - 2025) Analysis & Trends
Polaris (PII) has reported Cost of Revenue for 17 consecutive years, with $1.5 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Cost of Revenue rose 10.03% year-over-year to $1.5 billion; the TTM figure through Dec 2025 stood at $5.8 billion (up 1.31% YoY), while the FY2025 annual figure was $5.8 billion, up 1.31% from the prior year.
- Cost of Revenue improved to $1.5 billion in Q4 2025 per PII's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.8 billion in Q4 2022 and bottomed at $1.3 billion in Q1 2025.
- Historically, Cost of Revenue has averaged $1.5 billion across 5 years, with a median of $1.5 billion in 2024.
- Annual changes were most pronounced in 2021 — Cost of Revenue soared 53.81% — and 2024, when it retreated 22.89%.
- Polaris' Cost of Revenue stood at $1.6 billion in 2021, then climbed by 15.1% to $1.8 billion in 2022, then retreated by 1.03% to $1.8 billion in 2023, then declined by 22.89% to $1.4 billion in 2024, then grew by 10.03% to $1.5 billion in 2025.
- Business Quant data shows PII's Cost of Revenue at $1.5 billion in Q4 2025, $1.5 billion in Q3 2025, and $1.5 billion in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.32 Bn | 409.69 Mn | 1.34 Bn |
| 2 | Thor Industries | 4.08 Bn | 3.71 Bn | 354.77 Mn | 2.43 Bn |
| 3 | Polaris | 3.68 Bn | 3.38 Bn | - | - |
| 4 | Harley-Davidson | 2.89 Bn | 995.48 Mn | 421.12 Mn | 809.32 Mn |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | 794.13 Mn |
| 6 | Lci Industries | 2.58 Bn | 2.36 Bn | 301.14 Mn | 667.53 Mn |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 1.12 Bn |
| 8 | Winnebago Industries | 903.14 Mn | 846.04 Mn | 94.90 Mn | 603.80 Mn |
| 9 | Malibu Boats | 544.37 Mn | 494.20 Mn | 41.28 Mn | 194.42 Mn |
| 10 | MasterCraft Boat Holdings | 395.82 Mn | 311.20 Mn | 19.54 Mn | 58.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.54 Bn |
| Dec 31, 2025 | 1.54 Bn |
| Sep 30, 2025 | 1.46 Bn |
| Sep 30, 2025 | 1.46 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.54 Bn |
| Jun 30, 2024 | 1.54 Bn |
| Mar 31, 2024 | 1.41 Bn |
| Mar 31, 2024 | 1.41 Bn |
| Dec 31, 2023 | 1.81 Bn |
| Dec 31, 2023 | 1.81 Bn |
| Sep 30, 2023 | 1.74 Bn |
| Sep 30, 2023 | 1.74 Bn |