Polaris (PII) Free Cash Flow (2009 - 2026)
Polaris (PII) reported Free Cash Flow of -$349.9 million for Q1 2026, down 835.08% year-over-year from $47.6 million in Q1 2025, and down 406.93% on a QoQ basis from $114.0 million in Q4 2025.
Polaris (PII) has 18 years of Free Cash Flow data on file, last reported at -$349.9 million in Q1 2026.
- Quarterly Free Cash Flow fell 835.08% year-over-year to -$349.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $160.6 million (down 30.66% YoY) and the FY2025 annual result came in at $558.1 million, up 8486.15% from the prior year.
- Free Cash Flow slipped to -$349.9 million in Q1 2026 per PII's latest filing, from $114.0 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.
- The 5-year median for Free Cash Flow is $79.1 million (2024), against an average of $56.2 million.
- Peak annual rise in Free Cash Flow reached 559.31% in 2022, while the deepest fall reached 1089.62% in 2022.
- Tracing PII's Free Cash Flow over 5 years: stood at $307.9 million in 2022, then surged by 45.79% to $448.9 million in 2023, then sank by 69.41% to $137.3 million in 2024, then decreased by 16.97% to $114.0 million in 2025, then sank by 406.93% to -$349.9 million in 2026.
- Per Business Quant, the three latest PII Free Cash Flow figures stand at -$349.9 million (Q1 2026), $114.0 million (Q4 2025), and $116.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | -120.90 Mn |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | -87.58 Mn |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | -349.90 Mn |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | 449.35 Mn |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | -32.93 Mn |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | -596.86 Mn |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | -43.13 Mn |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | -19.90 Mn |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | 15.49 Mn |
| 10 | MasterCraft Boat Holdings | 376.07 Mn | 291.65 Mn | 19.54 Mn | -884,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 448.90 Mn |
| Dec 31, 2023 | 448.90 Mn |
| Sep 30, 2023 | -77.40 Mn |
| Sep 30, 2023 | -77.40 Mn |
| Jun 30, 2023 | 111.90 Mn |
| Jun 30, 2023 | 111.90 Mn |
| Mar 31, 2023 | 29.80 Mn |
| Mar 31, 2023 | 29.80 Mn |
| Dec 31, 2022 | 307.90 Mn |
| Dec 31, 2022 | 307.90 Mn |
| Sep 30, 2022 | 96.40 Mn |
| Sep 30, 2022 | 96.40 Mn |
| Jun 30, 2022 | -71.50 Mn |
| Jun 30, 2022 | -71.50 Mn |
| Mar 31, 2022 | -104.90 Mn |
| Mar 31, 2022 | -104.90 Mn |
| Dec 31, 2021 | 46.70 Mn |
| Dec 31, 2021 | 46.70 Mn |
| Sep 30, 2021 | -81.50 Mn |
| Sep 30, 2021 | -81.50 Mn |
| Jun 30, 2021 | 35.10 Mn |
| Jun 30, 2021 | 35.10 Mn |
| Mar 31, 2021 | 10.60 Mn |
| Mar 31, 2021 | 10.60 Mn |
| Dec 31, 2020 | 270.40 Mn |
| Dec 31, 2020 | 270.40 Mn |
| Sep 30, 2020 | 322.30 Mn |
| Sep 30, 2020 | 322.30 Mn |
| Jun 30, 2020 | 339.80 Mn |
| Jun 30, 2020 | 339.80 Mn |
| Mar 31, 2020 | -118.20 Mn |
| Mar 31, 2020 | -118.20 Mn |
| Dec 31, 2019 | 156.90 Mn |
| Dec 31, 2019 | 156.90 Mn |
| Sep 30, 2019 | 181.10 Mn |
| Sep 30, 2019 | 181.10 Mn |
| Jun 30, 2019 | 174.10 Mn |
| Jun 30, 2019 | 174.10 Mn |
| Mar 31, 2019 | -108.40 Mn |
| Mar 31, 2019 | -108.40 Mn |
| Dec 31, 2018 | 55.33 Mn |
| Dec 31, 2018 | 55.33 Mn |
| Sep 30, 2018 | 135.80 Mn |
| Sep 30, 2018 | 135.80 Mn |
| Jun 30, 2018 | 119.33 Mn |
| Jun 30, 2018 | 119.33 Mn |
| Mar 31, 2018 | -58.75 Mn |
| Mar 31, 2018 | -58.75 Mn |
| Dec 31, 2017 | 30.57 Mn |
| Dec 31, 2017 | 30.57 Mn |
| Sep 30, 2017 | 189.21 Mn |
| Sep 30, 2017 | 189.21 Mn |
| Jun 30, 2017 | 172.60 Mn |
| Jun 30, 2017 | 172.60 Mn |
| Mar 31, 2017 | 8.64 Mn |
| Mar 31, 2017 | 8.64 Mn |
| Sep 30, 2016 | 270.88 Mn |
| Sep 30, 2016 | 270.88 Mn |
| Jun 30, 2016 | 146.48 Mn |
| Jun 30, 2016 | 146.48 Mn |
| Mar 31, 2016 | 84.18 Mn |
| Mar 31, 2016 | 84.18 Mn |
| Dec 31, 2015 | -124.26 Mn |
| Dec 31, 2015 | -124.26 Mn |
| Sep 30, 2015 | 313.76 Mn |
| Sep 30, 2015 | 313.76 Mn |
| Jun 30, 2015 | 27.81 Mn |
| Jun 30, 2015 | 27.81 Mn |
| Mar 31, 2015 | -26.56 Mn |
| Mar 31, 2015 | -26.56 Mn |
| Dec 31, 2014 | 90.23 Mn |
| Dec 31, 2014 | 90.23 Mn |
| Sep 30, 2014 | 204.66 Mn |
| Sep 30, 2014 | 204.66 Mn |
| Jun 30, 2014 | 24.26 Mn |
| Jun 30, 2014 | 24.26 Mn |
| Mar 31, 2014 | 5.04 Mn |
| Mar 31, 2014 | 5.04 Mn |
| Dec 31, 2013 | 52.02 Mn |
| Dec 31, 2013 | 52.02 Mn |
| Sep 30, 2013 | 179.02 Mn |
| Sep 30, 2013 | 179.02 Mn |
| Jun 30, 2013 | 2.13 Mn |
| Jun 30, 2013 | 2.13 Mn |
| Mar 31, 2013 | 7.66 Mn |
| Mar 31, 2013 | 7.66 Mn |
| Dec 31, 2012 | 124.34 Mn |
| Dec 31, 2012 | 124.34 Mn |
| Sep 30, 2012 | 151.90 Mn |
| Sep 30, 2012 | 151.90 Mn |
| Jun 30, 2012 | 58.40 Mn |
| Jun 30, 2012 | 58.40 Mn |
| Mar 31, 2012 | -21.62 Mn |
| Mar 31, 2012 | -21.62 Mn |
| Dec 31, 2011 | 82.44 Mn |
| Dec 31, 2011 | 82.44 Mn |
| Sep 30, 2011 | 114.43 Mn |
| Sep 30, 2011 | 114.43 Mn |
| Jun 30, 2011 | 35.36 Mn |
| Jun 30, 2011 | 35.36 Mn |
| Mar 31, 2011 | -14.18 Mn |
| Mar 31, 2011 | -14.18 Mn |
| Dec 31, 2010 | 120.03 Mn |
| Dec 31, 2010 | 120.03 Mn |
| Sep 30, 2010 | 85.82 Mn |
| Sep 30, 2010 | 85.82 Mn |
| Jun 30, 2010 | 40.38 Mn |
| Jun 30, 2010 | 40.38 Mn |
| Mar 31, 2010 | -4.32 Mn |
| Mar 31, 2010 | -4.32 Mn |
| Dec 31, 2009 | 82.03 Mn |
| Dec 31, 2009 | 82.03 Mn |
| Sep 30, 2009 | 101.12 Mn |
| Sep 30, 2009 | 101.12 Mn |