Polaris PII
NYSE PII
$59.76 -1.63 (-2.65%)
As of: Sep 9, 2026 · 1:24 PM EDT

Polaris (PII) Free Cash Flow (2009 - 2026)

Polaris' (PII) quarterly Free Cash Flow came in at $186.1 million in Q2 2026, down 33.49% year-over-year from $279.8 million in Q2 2025, and up 153.19% quarter-over-quarter from -$349.9 million in Q1 2026.

Analysis

Polaris (PII) Free Cash Flow (2009 - 2026) Analysis & Trends

Polaris (PII) has reported Free Cash Flow for 18 consecutive years, with $186.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Free Cash Flow fell 33.49% year-over-year to $186.1 million in Q2 2026; TTM through Jun 2026 was $66.9 million, a 84.52% decrease from a year earlier, with the FY2025 full-year figure at $558.1 million, up 8486.15% from the prior year.
  • Free Cash Flow was $186.1 million for Q2 2026 at Polaris, up from -$349.9 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $448.9 million in Q4 2023 and troughed at -$349.9 million in Q1 2026.
  • A 5-year average of $63.4 million and a median of $95.5 million in 2023 frame the typical range for Free Cash Flow.
  • The widest YoY moves for Free Cash Flow: up 504.07% in 2022, down 1089.62% in 2022.
  • Over 5 years, Free Cash Flow stood at $282.1 million in 2022, then surged by 59.13% to $448.9 million in 2023, then plunged by 69.41% to $137.3 million in 2024, then slipped by 16.97% to $114.0 million in 2025, then soared by 63.25% to $186.1 million in 2026.
  • The last three Free Cash Flow figures came in at $186.1 million (Q2 2026), -$349.9 million (Q1 2026), and $114.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Thor Industries 3.80 Bn 3.43 Bn 354.77 Mn 196.04 Mn
2 Polaris 3.44 Bn 3.13 Bn - 186.10 Mn
3 Harley-Davidson 2.80 Bn 906.15 Mn 421.12 Mn -335.49 Mn
4 Brunswick 1.59 Bn 1.28 Bn 437.80 Mn 274.20 Mn
5 Winnebago Industries 819.00 Mn 761.90 Mn 94.90 Mn 18.70 Mn
6 Malibu Boats 499.99 Mn 425.57 Mn 52.19 Mn 16.90 Mn
7 MasterCraft Boat Holdings 370.08 Mn 285.46 Mn 19.54 Mn 3.75 Mn
8 Niu Technologies 164.51 Mn -30.62 Mn 33.95 Mn -
9 Massimo 41.22 Mn 36.59 Mn 7.28 Mn 901,399.00
10 Gogoro 39.10 Mn -29.74 Mn 15.96 Mn 30.91 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 186.10 Mn
Mar 31, 2026 -349.90 Mn
Dec 31, 2025 114.00 Mn
Sep 30, 2025 116.70 Mn
Jun 30, 2025 279.80 Mn
Mar 31, 2025 47.60 Mn
Dec 31, 2024 137.30 Mn
Sep 30, 2024 -32.40 Mn
Jun 30, 2024 79.10 Mn
Mar 31, 2024 -177.50 Mn
Dec 31, 2023 448.90 Mn
Sep 30, 2023 -77.40 Mn
Jun 30, 2023 111.90 Mn
Mar 31, 2023 29.80 Mn
Dec 31, 2022 282.10 Mn
Sep 30, 2022 122.20 Mn
Jun 30, 2022 -71.50 Mn
Mar 31, 2022 -104.90 Mn
Dec 31, 2021 46.70 Mn
Sep 30, 2021 -122.30 Mn