Polaris PII
NYSE PII
$59.70 -1.68 (-2.74%)
As of: Sep 9, 2026 · 2:45 PM EDT

Polaris (PII) Operating Income (2009 - 2025)

Polaris' (PII) quarterly Operating Income came in at -$320.1 million in Q4 2025, down 586.47% year-over-year from $65.8 million in Q4 2024, and down 1669.12% quarter-over-quarter from $20.4 million in Q3 2025.

Analysis

Polaris (PII) Operating Income (2009 - 2025) Analysis & Trends

Polaris (PII) has reported Operating Income for 17 consecutive years, with -$320.1 million the latest figure, recorded in Q4 2025.

  • On a quarterly basis, Operating Income fell 586.47% year-over-year to -$320.1 million in Q4 2025; TTM through Dec 2025 was -$348.7 million, a 219.99% decrease from a year earlier, with the FY2025 full-year figure at -$348.7 million, down 219.99% from the prior year.
  • Operating Income was -$320.1 million for Q4 2025 at Polaris, down from $20.4 million in the prior quarter.
  • Over five years, Operating Income peaked at $256.9 million in Q4 2022 and troughed at -$320.1 million in Q4 2025.
  • A 5-year average of $108.0 million and a median of $150.4 million in 2021 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income surged 3249.09% in 2021 and slumped 586.47% in 2025, its largest moves.
  • Over 5 years, Operating Income stood at $159.9 million in 2021, then jumped by 60.66% to $256.9 million in 2022, then sank by 44.45% to $142.7 million in 2023, then plunged by 53.89% to $65.8 million in 2024, then tumbled by 586.47% to -$320.1 million in 2025.
  • The last three Operating Income figures came in at -$320.1 million (Q4 2025), $20.4 million (Q3 2025), and -$12.9 million (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Thor Industries 3.78 Bn 3.41 Bn 354.77 Mn 123.84 Mn
2 Polaris 3.43 Bn 3.13 Bn - -
3 Harley-Davidson 2.81 Bn 916.66 Mn 421.12 Mn 76.01 Mn
4 Brunswick 1.59 Bn 1.28 Bn 437.80 Mn 129.40 Mn
5 Winnebago Industries 820.42 Mn 763.32 Mn 94.90 Mn 23.00 Mn
6 Malibu Boats 501.15 Mn 426.73 Mn 52.19 Mn 9.34 Mn
7 MasterCraft Boat Holdings 371.45 Mn 286.83 Mn 19.54 Mn -1.30 Mn
8 Niu Technologies 167.23 Mn -27.89 Mn 33.95 Mn -16.23 Mn
9 Massimo 40.81 Mn 36.17 Mn 7.28 Mn 1.66 Mn
10 Gogoro 39.84 Mn -29.01 Mn 15.96 Mn -3.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -320.10 Mn
Sep 30, 2025 20.40 Mn
Jun 30, 2025 -12.90 Mn
Mar 31, 2025 -36.10 Mn
Dec 31, 2024 65.80 Mn
Sep 30, 2024 66.10 Mn
Jun 30, 2024 119.70 Mn
Mar 31, 2024 39.00 Mn
Dec 31, 2023 142.70 Mn
Sep 30, 2023 201.10 Mn
Jun 30, 2023 196.00 Mn
Mar 31, 2023 161.10 Mn
Dec 31, 2022 256.90 Mn
Sep 30, 2022 254.30 Mn
Jun 30, 2022 193.10 Mn
Mar 31, 2022 100.20 Mn
Dec 31, 2021 159.90 Mn
Sep 30, 2021 158.20 Mn
Jun 30, 2021 210.70 Mn
Mar 31, 2021 184.20 Mn