Polaris (PII) Research & Development (2009 - 2025)

Polaris (PII) has reported Research & Development for 17 consecutive years, with $136.1 million the latest figure, recorded in Q4 2025.

• On a quarterly basis, Research & Development rose 19.6% year-over-year to $136.1 million in Q4 2025; TTM through Dec 2025 was $505.0 million, a 0.92% increase from a year earlier, with the FY2025 full-year figure at $505.0 million, up 0.92% from the prior year.
• Research & Development was $136.1 million for Q4 2025 at Polaris, up from $126.7 million in the prior quarter.
• Over five years, Research & Development peaked at $145.9 million in Q1 2021 and troughed at $109.8 million in Q4 2021.
• A 5-year average of $125.9 million and a median of $126.6 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development surged 348.16% in 2021 and decreased 23.51% in 2022, its largest moves.
• Over 5 years, Research & Development stood at $109.8 million in 2021, then increased by 21.13% to $133.0 million in 2022, then decreased by 4.51% to $127.0 million in 2023, then decreased by 10.39% to $113.8 million in 2024, then grew by 19.6% to $136.1 million in 2025.
• The last three Research & Development figures came in at $136.1 million (Q4 2025), $126.7 million (Q3 2025), and $124.6 million (Q2 2025), per Business Quant data.