Growth Metrics

Polaris (PII) Gross Margin (2016 - 2025)

Polaris filings provide 17 years of Gross Margin readings, the most recent being 19.99% for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 40.0% year-over-year to 19.99%, compared with a TTM value of 19.14% through Dec 2025, down 130.0%, and an annual FY2025 reading of 19.14%, down 130.0% over the prior year.
  • Gross Margin hit 19.99% in Q4 2025 for Polaris, down from 20.65% in the prior quarter.
  • The five-year high for Gross Margin was 26.03% in Q2 2021, with the low at 15.95% in Q1 2025.
  • Median Gross Margin over the past 5 years was 21.18% (2023), compared with a mean of 21.52%.
  • The largest YoY upside for Gross Margin was 402bps in 2021 against a maximum downside of -648bps in 2021.
  • Year by year, Gross Margin stood at 20.16% in 2021, then rose by 18bps to 23.83% in 2022, then decreased by -13bps to 20.83% in 2023, then fell by -2bps to 20.39% in 2024, then fell by -2bps to 19.99% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 19.99%, 20.65%, and 19.39% for Q4 2025, Q3 2025, and Q2 2025 respectively.