Growth Metrics

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

Polaris (PII) reported Cost of Revenue of $5.4 billion for Q4 2025, up 242.08% year-over-year from $1.6 billion in Q4 2024, and up 4173.4% on a QoQ basis from $126.7 million in Q3 2025.

Polaris (PII) has 17 years of Cost of Revenue data on file, last reported at $5.4 billion in Q4 2025.

  • Quarterly Cost of Revenue rose 242.08% year-over-year to $5.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $8.3 billion (up 1020.75% YoY) and the FY2025 annual result came in at $5.8 billion, up 1055.74% from the prior year.
  • Cost of Revenue improved to $5.4 billion in Q4 2025 per PII's latest filing, from $126.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $6.6 billion in Q4 2023 and bottomed at -$4.3 billion in Q4 2022.
  • The 5-year median for Cost of Revenue is $711.7 million (2023), against an average of $853.4 million.
  • Peak annual rise in Cost of Revenue reached 1490.54% in 2022, while the deepest fall reached 4032.24% in 2022.
  • Tracing PII's Cost of Revenue over 5 years: stood at $109.8 million in 2021, then plunged by 4032.24% to -$4.3 billion in 2022, then surged by 251.92% to $6.6 billion in 2023, then tumbled by 158.1% to -$3.8 billion in 2024, then soared by 242.08% to $5.4 billion in 2025.
  • Per Business Quant, the three latest PII Cost of Revenue figures stand at $5.4 billion (Q4 2025), $126.7 million (Q3 2025), and $1.5 billion (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 1.03 Bn
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 1.87 Bn
3 Polaris 4.05 Bn 3.77 Bn - -
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 1.37 Bn
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 770.31 Mn
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 794.13 Mn
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 816.85 Mn
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 571.80 Mn
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 8.35 Mn
10 MasterCraft Boat Holdings 376.07 Mn 291.65 Mn 19.54 Mn 58.66 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 5.41 Bn
Dec 31, 2025 5.41 Bn
Sep 30, 2025 126.70 Mn
Sep 30, 2025 126.70 Mn
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 -3.81 Bn
Dec 31, 2024 -3.81 Bn
Sep 30, 2024 1.37 Bn
Sep 30, 2024 1.37 Bn
Jun 30, 2024 132.60 Mn
Jun 30, 2024 132.60 Mn
Mar 31, 2024 1.41 Bn
Mar 31, 2024 1.41 Bn
Dec 31, 2023 6.56 Bn
Dec 31, 2023 6.56 Bn
Sep 30, 2023 1.74 Bn
Sep 30, 2023 1.74 Bn
Jun 30, 2023 132.60 Mn
Jun 30, 2023 132.60 Mn
Mar 31, 2023 1.71 Bn
Mar 31, 2023 1.71 Bn
Dec 31, 2022 -4.32 Bn
Dec 31, 2022 -4.32 Bn
Sep 30, 2022 1.78 Bn
Sep 30, 2022 1.78 Bn
Jun 30, 2022 115.50 Mn
Jun 30, 2022 115.50 Mn
Mar 31, 2022 111.60 Mn
Mar 31, 2022 111.60 Mn
Dec 31, 2021 109.80 Mn
Dec 31, 2021 109.80 Mn
Sep 30, 2021 112.00 Mn
Sep 30, 2021 112.00 Mn
Jun 30, 2021 121.20 Mn
Jun 30, 2021 121.20 Mn
Mar 31, 2021 1.47 Bn
Mar 31, 2021 1.47 Bn
Dec 31, 2020 1.03 Bn
Dec 31, 2020 1.03 Bn
Sep 30, 2020 1.42 Bn
Sep 30, 2020 1.42 Bn
Jun 30, 2020 1.18 Bn
Jun 30, 2020 1.18 Bn
Mar 31, 2020 150.20 Mn
Mar 31, 2020 150.20 Mn
Dec 31, 2019 4.71 Bn
Dec 31, 2019 4.71 Bn
Sep 30, 2019 149.80 Mn
Sep 30, 2019 149.80 Mn
Jun 30, 2019 1.34 Bn
Jun 30, 2019 1.34 Bn
Mar 31, 2019 129.30 Mn
Mar 31, 2019 129.30 Mn
Dec 31, 2018 4.21 Bn
Dec 31, 2018 4.21 Bn
Sep 30, 2018 128.93 Mn
Sep 30, 2018 128.93 Mn
Jun 30, 2018 122.86 Mn
Jun 30, 2018 122.86 Mn
Mar 31, 2018 117.71 Mn
Mar 31, 2018 117.71 Mn
Dec 31, 2017 3.75 Bn
Dec 31, 2017 3.75 Bn
Sep 30, 2017 122.64 Mn
Sep 30, 2017 122.64 Mn
Jun 30, 2017 1.01 Bn
Jun 30, 2017 1.01 Bn
Mar 31, 2017 911.29 Mn
Mar 31, 2017 911.29 Mn
Dec 31, 2016 905.02 Mn
Dec 31, 2016 905.02 Mn
Sep 30, 2016 89.75 Mn
Sep 30, 2016 89.75 Mn
Jun 30, 2016 77.82 Mn
Jun 30, 2016 77.82 Mn
Mar 31, 2016 77.24 Mn
Mar 31, 2016 77.24 Mn
Dec 31, 2015 -2.27 Bn
Dec 31, 2015 -2.27 Bn
Sep 30, 2015 1.04 Bn
Sep 30, 2015 1.04 Bn
Jun 30, 2015 804.91 Mn
Jun 30, 2015 804.91 Mn
Mar 31, 2015 739.61 Mn
Mar 31, 2015 739.61 Mn
Dec 31, 2014 -1.94 Bn
Dec 31, 2014 -1.94 Bn
Sep 30, 2014 914.07 Mn
Sep 30, 2014 914.07 Mn
Jun 30, 2014 74.18 Mn
Jun 30, 2014 74.18 Mn
Mar 31, 2014 65.57 Mn
Mar 31, 2014 65.57 Mn
Dec 31, 2013 766.60 Mn
Dec 31, 2013 766.60 Mn
Sep 30, 2013 78.81 Mn
Sep 30, 2013 78.81 Mn
Jun 30, 2013 592.46 Mn
Jun 30, 2013 592.46 Mn
Mar 31, 2013 529.26 Mn
Mar 31, 2013 529.26 Mn
Dec 31, 2012 57.47 Mn
Dec 31, 2012 57.47 Mn
Sep 30, 2012 57.21 Mn
Sep 30, 2012 57.21 Mn
Jun 30, 2012 50.56 Mn
Jun 30, 2012 50.56 Mn
Mar 31, 2012 45.13 Mn
Mar 31, 2012 45.13 Mn
Dec 31, 2011 577.66 Mn
Dec 31, 2011 577.66 Mn
Sep 30, 2011 523.03 Mn
Sep 30, 2011 523.03 Mn
Jun 30, 2011 43.45 Mn
Jun 30, 2011 43.45 Mn
Mar 31, 2011 37.21 Mn
Mar 31, 2011 37.21 Mn
Dec 31, 2010 1.36 Bn
Dec 31, 2010 1.36 Bn
Sep 30, 2010 38.12 Mn
Sep 30, 2010 38.12 Mn
Jun 30, 2010 317.82 Mn
Jun 30, 2010 317.82 Mn
Mar 31, 2010 266.79 Mn
Mar 31, 2010 266.79 Mn
Dec 31, 2009 27.77 Mn
Dec 31, 2009 27.77 Mn
Sep 30, 2009 27.34 Mn
Sep 30, 2009 27.34 Mn
Jun 30, 2009 262.63 Mn
Jun 30, 2009 262.63 Mn