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Polaris (PII) Operating Expenses (2016 - 2025)

Polaris filings provide 17 years of Operating Expenses readings, the most recent being $724.0 million for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 127.53% year-over-year to $724.0 million, compared with a TTM value of $1.5 billion through Mar 2026, up 18.57%, and an annual FY2025 reading of $1.8 billion, up 41.44% over the prior year.
  • Operating Expenses hit $724.0 million in Q4 2025 for Polaris, up from $379.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $724.0 million in Q4 2025, with the low at $254.4 million in Q4 2021.
  • Median Operating Expenses over the past 5 years was $317.6 million (2022), compared with a mean of $337.9 million.
  • The largest YoY upside for Operating Expenses was 242.28% in 2021 against a maximum downside of 54.03% in 2021.
  • Year by year, Operating Expenses stood at $254.4 million in 2021, then skyrocketed by 30.03% to $330.8 million in 2022, then increased by 7.83% to $356.7 million in 2023, then dropped by 10.79% to $318.2 million in 2024, then soared by 127.53% to $724.0 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $724.0 million, $379.6 million, and $394.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.