Growth Metrics

Polaris (PII) Cost of Revenue (2016 - 2025)

Polaris (PII) has disclosed Cost of Revenue for 17 consecutive years, with $1.5 billion as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 71.11% to $1.5 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $5.8 billion, a 30.58% increase, with the full-year FY2025 number at $5.8 billion, up 1.31% from a year prior.
  • Cost of Revenue was $1.5 billion for Q4 2025 at Polaris, down from $4.0 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $5.3 billion in Q4 2024 to a low of -$4.3 billion in Q4 2022.
  • A 5-year average of $601.3 million and a median of $703.4 million in 2021 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: tumbled 14953.88% in 2021, then surged 4090.55% in 2024.
  • Polaris' Cost of Revenue stood at -$3.6 billion in 2021, then decreased by 18.64% to -$4.3 billion in 2022, then skyrocketed by 102.94% to $127.0 million in 2023, then soared by 4090.55% to $5.3 billion in 2024, then tumbled by 71.11% to $1.5 billion in 2025.
  • Per Business Quant, the three most recent readings for PII's Cost of Revenue are $1.5 billion (Q4 2025), $4.0 billion (Q3 2025), and $124.6 million (Q2 2025).