Polaris (PII) Operating Income (2009 - 2025)
Polaris (PII) posted quarterly Operating Income of -$320.1 million for 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.
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.
- In Q4 2025, Operating Income fell 586.47% year-over-year to -$320.1 million; the TTM figure through Dec 2025 stood at -$348.7 million (down 219.99% YoY), while the FY2025 annual figure was -$348.7 million, down 219.99% from the prior year.
- Operating Income retreated to -$320.1 million in Q4 2025 per PII's latest filing, from $20.4 million in the prior quarter.
- Across five years, Operating Income topped out at $256.9 million in Q4 2022 and bottomed at -$320.1 million in Q4 2025.
- Historically, Operating Income has averaged $108.0 million across 5 years, with a median of $150.4 million in 2021.
- Annual changes were most pronounced in 2021 — Operating Income soared 3249.09% — and 2025, when it sank 586.47%.
- Polaris' Operating Income stood at $159.9 million in 2021, then soared 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.
- Business Quant data shows PII's Operating Income at -$320.1 million in Q4 2025, $20.4 million in Q3 2025, and -$12.9 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.86 Bn | 4.30 Bn | 409.69 Mn | 164.50 Mn |
| 2 | Thor Industries | 4.10 Bn | 3.73 Bn | 354.77 Mn | 123.84 Mn |
| 3 | Polaris | 3.67 Bn | 3.37 Bn | - | - |
| 4 | Harley-Davidson | 2.88 Bn | 986.03 Mn | 421.12 Mn | 76.01 Mn |
| 5 | Patrick Industries | 2.72 Bn | 2.69 Bn | 247.58 Mn | 77.04 Mn |
| 6 | Lci Industries | 2.55 Bn | 2.33 Bn | 301.14 Mn | 95.96 Mn |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 129.40 Mn |
| 8 | Winnebago Industries | 912.11 Mn | 855.01 Mn | 94.90 Mn | 23.00 Mn |
| 9 | Malibu Boats | 554.56 Mn | 504.39 Mn | 41.28 Mn | -1.91 Mn |
| 10 | MasterCraft Boat Holdings | 403.97 Mn | 319.35 Mn | 19.54 Mn | -1.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |