Stocks Consumer discretionary PII
NYSE · Consumer discretionaryPolaris Inc. (PII)
Polaris Inc. brought in $7.6B of revenue over the twelve months to September 30, 2026, up 9.5% from a year earlier. It posted a net loss of $206.2M. Operating cash flow minus capital spending left $558.1M of free cash flow in fiscal 2025. At September 30, 2026 it held $301.7M in cash against $1.6B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 27, 2026.
Key facts about Polaris Inc.
- Net worth
- Polaris Inc. has a market value (market cap) of $3.8B at the latest share price, and shareholders' equity of $844.5M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $7.2B (-0.3% year on year), with a net loss of $465.5M. Over the 12 months to September 30, 2026: revenue $7.6B, net loss $206.2M.
- Cash flow
- In fiscal 2025 operations brought in $741M of cash; after $182.9M of capital spending, free cash flow was $558.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 27, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Polaris Inc.'s next report is expected around January 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Polaris Inc. paid dividends of $2.68 per share in fiscal 2025, a yield of 4.02% at the current price.
What Polaris Inc. does
Polaris Inc. is registered with the SEC under industry code SIC 3790 (Miscellaneous Transportation Equipment). Its shares trade on NYSE under the ticker PII.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $7.2B | -$465.5M | -$8.18 | $558.1M |
| 2024 | $7.2B | $110.8M | $1.95 | $6.5M |
| 2023 | $8.9B | $502.8M | $8.71 | $513.2M |
| 2022 | $8.6B | $447.1M | $7.44 | $202M |
| 2021 | $7.4B | $493.9M | $7.88 | $10.9M |
| 2020 | $6.3B | $124.8M | $1.99 | $814.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PII ranks in Consumer discretionary
Dividends
Polaris Inc. paid $2.68 per share in fiscal 2025. At the current price that is a yield of 4.02%. It paid out $150.3M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.68 | $150.3M | n/a |
| 2024 | $2.64 | $147.7M | 133% |
| 2023 | $2.60 | $147.3M | 29% |
| 2022 | $2.56 | $150M | 34% |
| 2021 | $2.52 | $153.4M | 31% |
| 2020 | $2.48 | $152.5M | 122% |
Latest SEC filings
What Polaris Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026
- October 29, 2026
- October 27, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 11% to $2B versus the same quarter last year; diluted EPS $0.66 versus -$0.28.
- October 27, 2026
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- July 31, 2026Passive stake (5% or more) SCHEDULE 13G
- July 31, 2026Passive stake (5% or more) SCHEDULE 13G
- July 28, 2026
- July 28, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 9.2% to $2B versus the same quarter last year; diluted EPS $1.82 versus -$1.39.
- July 28, 2026
What is PII worth? A DCF from its reported cash flow
Insider trades
What the people running Polaris Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 7 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Bilicic George WDirector | Received as pay | 692 | $36.2K |
| October 1, 2026 | Hendrickson Gary EDirector | Received as pay | 609 | $31.9K |
| October 1, 2026 | Henricks Gwenne A.Director | Received as pay | 609 | $31.9K |
| October 1, 2026 | Kessler Bernd FDirector | Received as pay | 656 | $34.4K |
| October 1, 2026 | Semach Dustin J.Director | Received as pay | 633 | $33.1K |
| October 1, 2026 | Shotwell GwynneDirector | Received as pay | 609 | $31.9K |
| September 1, 2026 | Mack Robert PaulCFO, EVP - Finance + Corp Dev | Exercised options | 23 | - |
| July 1, 2026 | Shotwell GwynneDirector | Received as pay | 492 | $31.9K |
Who owns PII
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 5.17% | July 31, 2026 |
| Vanguard Capital Management13G, passive | 5.01% | July 31, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 478 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 7,325,540 | +269,834 |
| Vanguard Portfolio Management LLC | 2,892,742 | +105,829 |
| State Street Corp | 2,692,541 | +121,031 |
| Aqr Capital Management LLC | 2,566,179 | +390,761 |
| Vanguard Capital Management LLC | 2,434,514 | +25,440 |
| American Century Companies Inc | 2,017,241 | +45,147 |
| Capital World Investors | 1,609,055 | -2,288,608 |
| Geode Capital Management, LLC | 1,444,365 | +35,746 |
| Dimensional Fund Advisors LP | 1,340,113 | -206,147 |
| Canada Pension Plan Investment Board | 1,137,008 | -63,592 |
| Balyasny Asset Management L.P. | 1,079,296 | new |
| Auto-Owners Insurance Co | 1,035,000 | 0 |
| Jacobs Levy Equity Management, Inc | 1,020,428 | +367,492 |
| Morgan Stanley | 1,019,846 | -715,703 |
| Goldman Sachs Group Inc | 1,012,723 | -914,744 |
| Ameriprise Financial Inc | 866,795 | -23,703 |
| Northern Trust Corp | 713,983 | +30,352 |
| UBS Group AG | 707,010 | -333,491 |
| Quantinno Capital Management LP | 696,062 | +328,793 |
| Charles Schwab Investment Management Inc | 655,384 | -17,945 |
Insiders
15 insiders reported holding 738,518 shares in total, about $49.2M at the last price.
| Holder | Shares |
|---|---|
| Speetzen Michael TCEO | 137,6621,300 held indirectly |
| Wiehoff JohnDirector | 90,326 |
| Mack Robert PaulCFO, EVP - Finance + Corp Dev | 80,515 |
| Kessler Bernd FDirector | 64,242 |
| Hendrickson Gary EDirector | 61,479 |
| Williams James PSVP-CHRO | 48,645 |
| Henricks Gwenne A.Director | 41,863 |
| Bilicic George WDirector | 39,169 |
| Kingsley Lawrence DDirector | 38,268 |
| Dougherty Michael D.President - On Road and Int'l | 35,375 |
Questions about PII
What does Polaris Inc. do?
Polaris Inc. is a company in the Consumer discretionary sector, listed on NYSE as PII. Its shares trade on NYSE under the ticker PII.
What is Polaris Inc.'s net worth?
Polaris Inc. has a market value (market cap) of $3.8B at the latest share price, and shareholders' equity of $844.5M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Polaris Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $206.2M on revenue of $7.6B.
How much revenue does Polaris Inc. make?
Over the twelve months to September 30, 2026 Polaris Inc. reported revenue of $7.6B. That is 9.5% more than a year earlier.
When did Polaris Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 27, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the employee stock plan registration from October 29, 2026.
When is Polaris Inc.'s next earnings report?
Polaris Inc.'s next report is expected around January 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Polaris Inc. pay a dividend?
Yes. Polaris Inc. paid dividends of $2.68 per share in fiscal 2025, a yield of 4.02% at the current price.
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Where the numbers come from
Financial figures are the values Polaris Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.