Polaris (PII) Cost of Revenue (2009 - 2025)

Polaris (PII) has reported Cost of Revenue for 17 consecutive years, with $1.5 billion the latest figure, recorded in Q4 2025.

• On a quarterly basis, Cost of Revenue rose 10.03% year-over-year to $1.5 billion in Q4 2025; TTM through Dec 2025 was $5.8 billion, a 1.31% increase from a year earlier, with the FY2025 full-year figure at $5.8 billion, up 1.31% from the prior year.
• Cost of Revenue was $1.5 billion for Q4 2025 at Polaris, up from $1.5 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $1.8 billion in Q4 2022 and troughed at $1.3 billion in Q1 2025.
• A 5-year average of $1.5 billion and a median of $1.5 billion in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue surged 53.81% in 2021 and fell 22.89% in 2024, its largest moves.
• Over 5 years, Cost of Revenue stood at $1.6 billion in 2021, then gained by 15.1% to $1.8 billion in 2022, then declined by 1.03% to $1.8 billion in 2023, then slipped by 22.89% to $1.4 billion in 2024, then advanced by 10.03% to $1.5 billion in 2025.
• The last three Cost of Revenue figures came in at $1.5 billion (Q4 2025), $1.5 billion (Q3 2025), and $1.5 billion (Q2 2025), per Business Quant data.