
Polaris Inc
NYSE:PII

Income Statement
Earnings Waterfall
Polaris Inc
Revenue
|
7.2B
USD
|
Cost of Revenue
|
-5.7B
USD
|
Gross Profit
|
1.5B
USD
|
Operating Expenses
|
-1.3B
USD
|
Operating Income
|
202.5m
USD
|
Other Expenses
|
-91.7m
USD
|
Net Income
|
110.8m
USD
|
Income Statement
Polaris Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 480
N/A
|
4 625
+3%
|
4 735
+2%
|
4 889
+3%
|
4 719
-3%
|
4 669
-1%
|
4 675
+0%
|
4 405
-6%
|
4 517
+3%
|
4 688
+4%
|
4 922
+5%
|
5 215
+6%
|
5 429
+4%
|
5 572
+3%
|
5 710
+2%
|
5 882
+3%
|
6 079
+3%
|
6 277
+3%
|
6 554
+4%
|
6 674
+2%
|
6 783
+2%
|
6 692
-1%
|
6 425
-4%
|
6 608
+3%
|
7 028
+6%
|
7 574
+8%
|
7 973
+5%
|
7 796
-2%
|
7 439
-5%
|
7 463
+0%
|
7 615
+2%
|
8 178
+7%
|
8 589
+5%
|
8 987
+5%
|
9 141
+2%
|
9 049
-1%
|
8 934
-1%
|
8 491
-5%
|
8 236
-3%
|
7 709
-6%
|
7 175
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 160)
|
(3 270)
|
(3 366)
|
(3 492)
|
(3 380)
|
(3 376)
|
(3 417)
|
(3 301)
|
(3 411)
|
(3 587)
|
(3 755)
|
(3 946)
|
(4 104)
|
(4 167)
|
(4 269)
|
(4 405)
|
(4 577)
|
(4 747)
|
(4 972)
|
(5 057)
|
(5 134)
|
(5 103)
|
(4 939)
|
(5 024)
|
(5 318)
|
(5 676)
|
(5 911)
|
(5 848)
|
(5 688)
|
(5 791)
|
(5 966)
|
(6 389)
|
(6 630)
|
(6 911)
|
(7 035)
|
(6 993)
|
(6 975)
|
(6 670)
|
(6 496)
|
(6 123)
|
(5 709)
|
|
Gross Profit |
1 319
N/A
|
1 355
+3%
|
1 369
+1%
|
1 396
+2%
|
1 339
-4%
|
1 293
-3%
|
1 258
-3%
|
1 103
-12%
|
1 106
+0%
|
1 101
0%
|
1 167
+6%
|
1 270
+9%
|
1 325
+4%
|
1 406
+6%
|
1 441
+2%
|
1 478
+3%
|
1 501
+2%
|
1 530
+2%
|
1 581
+3%
|
1 617
+2%
|
1 649
+2%
|
1 589
-4%
|
1 485
-7%
|
1 584
+7%
|
1 710
+8%
|
1 898
+11%
|
2 063
+9%
|
1 948
-6%
|
1 751
-10%
|
1 672
-5%
|
1 649
-1%
|
1 788
+8%
|
1 960
+10%
|
2 076
+6%
|
2 106
+1%
|
2 056
-2%
|
1 960
-5%
|
1 821
-7%
|
1 740
-4%
|
1 586
-9%
|
1 467
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(666)
|
(682)
|
(691)
|
(700)
|
(692)
|
(724)
|
(739)
|
(770)
|
(834)
|
(886)
|
(968)
|
(1 011)
|
(1 041)
|
(1 061)
|
(1 075)
|
(1 093)
|
(1 101)
|
(1 129)
|
(1 166)
|
(1 210)
|
(1 246)
|
(1 264)
|
(1 217)
|
(1 202)
|
(1 199)
|
(1 584)
|
(1 231)
|
(1 190)
|
(1 093)
|
(1 129)
|
(1 120)
|
(1 164)
|
(1 203)
|
(1 264)
|
(1 302)
|
(1 314)
|
(1 339)
|
(1 328)
|
(1 328)
|
(1 312)
|
(1 264)
|
|
Selling, General & Administrative |
(518)
|
(530)
|
(535)
|
(538)
|
(526)
|
(553)
|
(564)
|
(592)
|
(649)
|
(692)
|
(759)
|
(786)
|
(803)
|
(810)
|
(816)
|
(833)
|
(842)
|
(867)
|
(896)
|
(927)
|
(953)
|
(960)
|
(922)
|
(908)
|
(904)
|
(908)
|
(914)
|
(866)
|
(764)
|
(760)
|
(751)
|
(781)
|
(837)
|
(882)
|
(914)
|
(931)
|
(965)
|
(962)
|
(969)
|
(961)
|
(927)
|
|
Research & Development |
(149)
|
(152)
|
(156)
|
(162)
|
(167)
|
(171)
|
(175)
|
(178)
|
(185)
|
(194)
|
(209)
|
(225)
|
(238)
|
(252)
|
(259)
|
(260)
|
(260)
|
(262)
|
(270)
|
(283)
|
(293)
|
(304)
|
(295)
|
(295)
|
(296)
|
(297)
|
(317)
|
(324)
|
(329)
|
(332)
|
(332)
|
(346)
|
(367)
|
(382)
|
(389)
|
(382)
|
(374)
|
(366)
|
(359)
|
(352)
|
(337)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(379)
|
0
|
0
|
0
|
(37)
|
(37)
|
(37)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
653
N/A
|
673
+3%
|
678
+1%
|
696
+3%
|
647
-7%
|
569
-12%
|
519
-9%
|
334
-36%
|
272
-19%
|
215
-21%
|
198
-8%
|
259
+31%
|
283
+9%
|
345
+22%
|
366
+6%
|
385
+5%
|
400
+4%
|
401
+0%
|
416
+4%
|
407
-2%
|
403
-1%
|
326
-19%
|
269
-18%
|
381
+42%
|
511
+34%
|
314
-39%
|
832
+165%
|
758
-9%
|
658
-13%
|
543
-17%
|
529
-3%
|
624
+18%
|
756
+21%
|
812
+7%
|
804
-1%
|
743
-8%
|
621
-16%
|
493
-20%
|
412
-16%
|
274
-34%
|
203
-26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
41
|
45
|
51
|
53
|
43
|
47
|
47
|
45
|
55
|
51
|
46
|
41
|
37
|
19
|
17
|
10
|
1
|
7
|
(3)
|
(6)
|
(2)
|
4
|
13
|
16
|
14
|
15
|
10
|
10
|
10
|
5
|
(3)
|
(12)
|
(23)
|
(34)
|
(41)
|
(45)
|
(45)
|
(43)
|
(41)
|
(42)
|
(39)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(379)
|
(379)
|
(379)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
|
Total Other Income |
6
|
(5)
|
(13)
|
(12)
|
(4)
|
4
|
7
|
1
|
(14)
|
(25)
|
(21)
|
(13)
|
(2)
|
30
|
31
|
33
|
28
|
12
|
8
|
6
|
7
|
3
|
1
|
(4)
|
(4)
|
(1)
|
3
|
6
|
(2)
|
(1)
|
(1)
|
6
|
29
|
38
|
43
|
48
|
45
|
33
|
25
|
17
|
(33)
|
|
Pre-Tax Income |
699
N/A
|
713
+2%
|
716
+0%
|
737
+3%
|
686
-7%
|
620
-10%
|
573
-8%
|
379
-34%
|
313
-17%
|
241
-23%
|
223
-7%
|
286
+28%
|
319
+11%
|
393
+23%
|
414
+5%
|
428
+3%
|
429
+0%
|
420
-2%
|
422
+0%
|
407
-4%
|
408
+0%
|
332
-19%
|
(97)
N/A
|
14
N/A
|
141
+903%
|
328
+132%
|
845
+158%
|
774
-8%
|
629
-19%
|
547
-13%
|
525
-4%
|
619
+18%
|
761
+23%
|
815
+7%
|
806
-1%
|
746
-7%
|
620
-17%
|
483
-22%
|
396
-18%
|
249
-37%
|
141
-44%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(245)
|
(251)
|
(250)
|
(257)
|
(230)
|
(206)
|
(189)
|
(118)
|
(100)
|
(78)
|
(69)
|
(83)
|
(91)
|
(106)
|
(97)
|
(97)
|
(94)
|
(92)
|
(98)
|
(90)
|
(84)
|
(62)
|
43
|
11
|
(17)
|
(64)
|
(190)
|
(169)
|
(132)
|
(109)
|
(101)
|
(121)
|
(158)
|
(172)
|
(171)
|
(150)
|
(118)
|
(90)
|
(69)
|
(46)
|
(30)
|
|
Income from Continuing Operations |
454
|
462
|
466
|
480
|
455
|
414
|
384
|
261
|
213
|
163
|
154
|
204
|
228
|
287
|
317
|
331
|
335
|
328
|
324
|
316
|
324
|
270
|
(53)
|
25
|
125
|
265
|
655
|
605
|
497
|
438
|
424
|
498
|
603
|
643
|
635
|
596
|
503
|
393
|
328
|
204
|
111
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
Net Income (Common) |
454
N/A
|
462
+2%
|
466
+1%
|
480
+3%
|
455
-5%
|
414
-9%
|
384
-7%
|
261
-32%
|
213
-18%
|
163
-23%
|
154
-6%
|
204
+32%
|
173
-15%
|
231
+34%
|
262
+13%
|
275
+5%
|
335
+22%
|
328
-2%
|
324
-1%
|
317
-2%
|
324
+2%
|
270
-17%
|
(54)
N/A
|
25
N/A
|
125
+401%
|
264
+112%
|
658
+149%
|
606
-8%
|
494
-18%
|
430
-13%
|
267
-38%
|
338
+27%
|
447
+32%
|
491
+10%
|
630
+28%
|
595
-5%
|
503
-15%
|
393
-22%
|
328
-17%
|
204
-38%
|
111
-46%
|
|
EPS (Diluted) |
6.62
N/A
|
6.76
+2%
|
6.86
+1%
|
7.12
+4%
|
6.75
-5%
|
6.26
-7%
|
5.88
-6%
|
4.01
-32%
|
3.27
-18%
|
2.58
-21%
|
2.41
-7%
|
3.17
+32%
|
2.68
-15%
|
3.54
+32%
|
4.03
+14%
|
4.33
+7%
|
5.24
+21%
|
5.28
+1%
|
5.2
-2%
|
5.09
-2%
|
5.2
+2%
|
4.36
-16%
|
-0.86
N/A
|
0.39
N/A
|
1.99
+410%
|
4.16
+109%
|
10.47
+152%
|
9.72
-7%
|
7.87
-19%
|
7.11
-10%
|
4.45
-37%
|
5.64
+27%
|
7.43
+32%
|
8.44
+14%
|
10.89
+29%
|
10.29
-6%
|
8.71
-15%
|
6.87
-21%
|
5.75
-16%
|
3.6
-37%
|
1.95
-46%
|