Polaris Inc. (PII) Gross Margin (2009 - 2025)
Polaris' Gross Margin was 19.99% in Q4 2025, down 0.40 percentage points from 20.39% a year earlier and down 0.66 percentage points from the prior quarter.
Powered by 
Analysis
Polaris Inc. (PII) Gross Margin (2009 - 2025) Analysis & Trends
For FY2025, Gross Margin at Polaris came in at 19.14%, down 1.30 percentage points from FY2024.
- Gross Margin has now declined for five consecutive years, with a five-year change of -5.31 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 20.44% in FY2024 (-1.49 pp), 21.94% in FY2023 (-0.88 pp), 22.81% in FY2022 (-0.72 pp) and 23.54% in FY2021 (-0.91 pp).
- Quarterly Gross Margin has moved between 15.95% (Q1 2025) and 26.03% (Q2 2021) over five years.
- Compared with a year earlier, Gross Margin was higher in 1 of the last eight quarters, with an average year-over-year change of -1.47 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2021 (a gain of 4.02 percentage points); the worst was Q4 2021 (a drop of 6.48 percentage points).
- Per Business Quant data, PII's Gross Margin in the three quarters before Q4 2025 was 20.65% (Q3 2025), 19.39% (Q2 2025) and 15.95% (Q1 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 19.99% |
| Sep 30, 2025 | 20.65% |
| Jun 30, 2025 | 19.39% |
| Mar 31, 2025 | 15.95% |
| Dec 31, 2024 | 20.39% |
| Sep 30, 2024 | 20.59% |
| Jun 30, 2024 | 21.62% |
| Mar 31, 2024 | 19.02% |
| Dec 31, 2023 | 20.83% |
| Sep 30, 2023 | 22.62% |
| Jun 30, 2023 | 22.78% |
| Mar 31, 2023 | 21.53% |
| Dec 31, 2022 | 23.83% |
| Sep 30, 2022 | 23.89% |
| Jun 30, 2022 | 23.00% |
| Mar 31, 2022 | 19.81% |
| Dec 31, 2021 | 20.16% |
| Sep 30, 2021 | 23.63% |
| Jun 30, 2021 | 26.03% |
| Mar 31, 2021 | 24.63% |
API Access
Polaris Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();