Polaris (PII) earnings

Polaris Inc.

Results to: Mar 2026
Latest analysed call: Jun 2026 (Q2 FY26)
Balance sheet to: Dec 2025

Company research is public. Sign in to keep your own companies, notes and cases.

Polaris earnings: last reported Tue, 28 Jul 2026, for the quarter ended Jun 2026.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	1,659 $ million	+8.0% YoY	Quarterly, as filed	Quarter to Mar 2026	Revenue from operations as filed.
Operating margin	-2.4 %	−0.0 pts YoY	Operating profit / revenue	Quarter to Mar 2026	For the quarter; a change is in percentage points.
Net profit	-47.4 $ million	—	Quarterly, as filed	Quarter to Mar 2026	Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.

Source: Inve data from filed results (SEC filings) · to Mar 2026

Price

$53.49 +5.80% · +$2.93

Last close Oct 15, 2026 · US · USD

Performance −23.5% 1Y

1Y: $69.9 on 14 Oct 2025 → $53.49. High $74.7 (27 Jul 2026), low $47.88 (15 Apr 2026).

Previous close: $50.56
52-week range: $47.88 – $74.7
One year: −18.94%

Overview

Symbol: PII
Exchange: US
Currency: USD

Financials

What the filings say

Net profit, year on year: +29% (quarter to mar 2026 against mar 2025).

In $ million. Oldest period first.

Line item	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	1,961	1,722	1,755	1,536	1,853	1,842	1,922	1,659
Operating profit	120	66	66	-36	-13	20	-320	-39
Operating margin	6.1%	3.8%	3.8%	−2.4%	−0.7%	1.1%	−16.7%	−2.4%
Interest	35	36	34	34	33	33	31	30
Profit before tax	86	35	12	-71	-93	-12	-357	-58
Tax rate	19.8%	21.1%	11.5%	6.2%	14.6%	−29.8%	15.0%	18.2%
Net profit	69	28	11	-67	-79	-16	-304	-47
EPS ($ per share)	1.21	0.49	—	-1.17	-1.39	-0.28	—	-0.83

Source: Inve data · income statement, quarterly · to Mar 2026

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	1	1	1	1	1	1	1	1
Reserves	121	287	218	157	34	244	149	-469
Total liabilities	3,251	3,309	3,476	3,810	4,104	4,085	4,225	4,054
Fixed assets	843	900	889	928	1,018	1,202	1,187	1,031
Total assets	4,125	4,431	4,633	5,048	5,218	5,516	5,525	4,894

Source: Inve data · balance sheet · to Dec 2025

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from operations	477	655	1,019	294	509	926	268	741
Cash from investing	-959	-239	-151	-304	-325	-462	-271	-139
Cash from financing	523	-412	-415	-108	-363	-431	-59	-693
Net cash flow	32	3	461	-128	-189	43	-80	-67
Capital expenditure	-225	-251	-204	-283	-307	-413	-262	-183
Free cash flow	252	404	814	11	202	513	7	558

Source: Inve data · cash flow · to Dec 2025

Insider filings

62 filings between Dec 1, 2025 and Oct 1, 2026.

Open market

decisions to buy or sell

Purchases

None

No insider bought shares.

Sales

$4.20M

8 sales by 4 insiders

Compensation

not trading decisions

35: Award — granted as compensation
4: Option exercise — converted options into shares
12: Tax withheld — shares kept back by the company to cover tax

Also filed: 3 gifts.

Who traded

open market only

Insider	Bought	Sold	Last filing
Speetzen Michael T	—	$2.34M	Feb 11, 2026
Duke Benjamin D	—	$674.2K	Feb 11, 2026
Williams James P	—	$659.7K	Feb 3, 2026
Mack Robert Paul	—	$520.3K	Feb 12, 2026

Latest filings (50)

Date	Insider	What	Shares	Value
Oct 1, 2026	Henricks Gwenne A. Director	Award	609	$31.9K
Oct 1, 2026	Semach Dustin J. Director	Award	633	$33.1K
Oct 1, 2026	Bilicic George W Director	Award	692	$36.2K
Oct 1, 2026	Shotwell Gwynne Director	Award	609	$31.9K
Oct 1, 2026	Hendrickson Gary E Director	Award	609	$31.9K
Oct 1, 2026	KESSLER BERND F Director	Award	656	$34.4K
Sep 1, 2026	Mack Robert Paul CFO, EVP - Finance + Corp Dev	Option exercise	23	—
Jul 1, 2026	Bilicic George W Director	Award	560	$36.3K
Jul 1, 2026	Shotwell Gwynne Director	Award	492	$31.9K
Jul 1, 2026	Henricks Gwenne A. Director	Award	492	$31.9K
Jul 1, 2026	KESSLER BERND F Director	Award	531	$34.4K
Jul 1, 2026	Semach Dustin J. Director	Award	579	$37.5K
Jul 1, 2026	Hendrickson Gary E Director	Award	492	$31.9K
Jun 1, 2026	Mack Robert Paul CFO, EVP - Finance + Corp Dev	Option exercise	23	—
May 11, 2026	Winings Matthew S SVP General Counsel Secretary	Tax withheld	438	$29.0K
Apr 30, 2026	Shotwell Gwynne Director	Award	2,641	$175.0K
Apr 30, 2026	Kingsley Lawrence D Director	Award	2,641	$175.0K
Apr 30, 2026	KESSLER BERND F Director	Award	2,641	$175.0K
Apr 30, 2026	Jackson Darryl R. Director	Award	2,641	$175.0K
Apr 30, 2026	Henricks Gwenne A. Director	Award	2,641	$175.0K
Apr 30, 2026	Hendrickson Gary E Director	Award	2,641	$175.0K
Apr 30, 2026	Bilicic George W Director	Award	2,641	$175.0K
Apr 30, 2026	WIEHOFF JOHN Director	Award	2,641	$175.0K
Apr 1, 2026	KESSLER BERND F Director	Award	606	$33.1K
Apr 1, 2026	Hendrickson Gary E Director	Award	651	$35.6K
Apr 1, 2026	Shotwell Gwynne Director	Award	560	$30.6K
Apr 1, 2026	Bilicic George W Director	Award	640	$35.0K
Apr 1, 2026	Henricks Gwenne A. Director	Award	560	$30.6K
Mar 2, 2026	Mack Robert Paul CFO, EVP - Finance + Corp Dev	Option exercise	23	—
Feb 12, 2026	Mack Robert Paul CFO, EVP - Finance + Corp Dev	Sale	3,823	$254.5K
Feb 12, 2026	Mack Robert Paul CFO, EVP - Finance + Corp Dev	Sale	3,963	$265.8K
Feb 11, 2026	Speetzen Michael T CEO	Sale	22,894	$1.53M
Feb 11, 2026	Speetzen Michael T CEO	Sale	12,192	$811.3K
Feb 11, 2026	Duke Benjamin D President-Marine	Sale	9,794	$654.2K
Feb 11, 2026	Duke Benjamin D President-Marine	Sale	296	$20.0K
Feb 10, 2026	Mack Robert Paul CFO, EVP - Finance + Corp Dev	Tax withheld	6,565	$444.5K
Feb 10, 2026	Winings Matthew S SVP General Counsel Secretary	Tax withheld	725	$49.1K
Feb 10, 2026	Speetzen Michael T CEO	Tax withheld	10,166	$688.2K
Feb 10, 2026	Duke Benjamin D President-Marine	Tax withheld	2,644	$179.0K
Feb 3, 2026	Williams James P SVP-CHRO	Sale	5,243	$352.2K
Feb 2, 2026	Dougherty Michael D. President - On Road and Int'l	Tax withheld	8,111	$517.8K
Feb 1, 2026	Mack Robert Paul CFO, EVP - Finance + Corp Dev	Tax withheld	1,900	$121.3K
Feb 1, 2026	Dougherty Michael D. President - On Road and Int'l	Tax withheld	815	$52.0K
Feb 1, 2026	Speetzen Michael T CEO	Tax withheld	6,503	$415.2K
Feb 1, 2026	Duke Benjamin D President-Marine	Tax withheld	1,054	$67.3K
Jan 28, 2026	Mack Robert Paul CFO, EVP - Finance + Corp Dev	Award	19,249	$1.25M
Jan 28, 2026	Duke Benjamin D President-Marine	Award	9,240	$600.0K
Jan 28, 2026	Winings Matthew S SVP General Counsel Secretary	Award	9,240	$600.0K
Jan 28, 2026	Williams James P SVP-CHRO	Award	10,010	$650.0K
Jan 28, 2026	Speetzen Michael T CEO	Award	65,446	$4.25M

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.

Your own record

Start an Inve Case for Polaris Inc.

Free account. Everything above stays public.

Write why you follow Polaris Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

Create your Inve Case What an account adds

Keep reading