Polaris (PII) Free Cash Flow (2009 - 2026)
Polaris (PII) posted quarterly Free Cash Flow of $186.1 million for 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.
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.
- In Q2 2026, Free Cash Flow fell 33.49% year-over-year to $186.1 million; the TTM figure through Jun 2026 stood at $66.9 million (down 84.52% YoY), while the FY2025 annual figure was $558.1 million, up 8486.15% from the prior year.
- Free Cash Flow grew to $186.1 million in Q2 2026 per PII's latest filing, from -$349.9 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $448.9 million in Q4 2023 and bottomed at -$349.9 million in Q1 2026.
- Historically, Free Cash Flow has averaged $63.4 million across 5 years, with a median of $95.5 million in 2023.
- On a YoY basis, Free Cash Flow climbed as much as 504.07% in 2022 and fell as far as 1089.62% in 2022.
- Polaris' Free Cash Flow stood at $282.1 million in 2022, then jumped by 59.13% to $448.9 million in 2023, then plunged by 69.41% to $137.3 million in 2024, then declined by 16.97% to $114.0 million in 2025, then surged by 63.25% to $186.1 million in 2026.
- Business Quant data shows PII's Free Cash Flow at $186.1 million in Q2 2026, -$349.9 million in Q1 2026, and $114.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.33 Bn | 409.69 Mn | 33.63 Mn |
| 2 | Thor Industries | 4.09 Bn | 3.72 Bn | 354.77 Mn | 196.04 Mn |
| 3 | Polaris | 3.68 Bn | 3.38 Bn | - | 186.10 Mn |
| 4 | Harley-Davidson | 2.89 Bn | 990.76 Mn | 421.12 Mn | -335.49 Mn |
| 5 | Patrick Industries | 2.70 Bn | 2.67 Bn | 247.58 Mn | 65.28 Mn |
| 6 | Lci Industries | 2.53 Bn | 2.32 Bn | 301.14 Mn | 184.91 Mn |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 274.20 Mn |
| 8 | Winnebago Industries | 902.77 Mn | 845.67 Mn | 94.90 Mn | 18.70 Mn |
| 9 | Malibu Boats | 548.75 Mn | 498.58 Mn | 41.28 Mn | 15.49 Mn |
| 10 | MasterCraft Boat Holdings | 402.76 Mn | 318.13 Mn | 19.54 Mn | 3.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 186.10 Mn |
| Jun 30, 2026 | 186.10 Mn |
| Mar 31, 2026 | -349.90 Mn |
| Mar 31, 2026 | -349.90 Mn |
| Dec 31, 2025 | 114.00 Mn |
| Dec 31, 2025 | 114.00 Mn |
| Sep 30, 2025 | 116.70 Mn |
| Sep 30, 2025 | 116.70 Mn |
| Jun 30, 2025 | 279.80 Mn |
| Jun 30, 2025 | 279.80 Mn |
| Mar 31, 2025 | 47.60 Mn |
| Mar 31, 2025 | 47.60 Mn |
| Dec 31, 2024 | 137.30 Mn |
| Dec 31, 2024 | 137.30 Mn |
| Sep 30, 2024 | -32.40 Mn |
| Sep 30, 2024 | -32.40 Mn |
| Jun 30, 2024 | 79.10 Mn |
| Jun 30, 2024 | 79.10 Mn |
| Mar 31, 2024 | -177.50 Mn |
| Mar 31, 2024 | -177.50 Mn |