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CapEx at other companies

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$4.08M-67.2%

Other financials

Income statement

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Revenue$2.0B+9.2%
Gross profit$478.3M+33.2%
Operating income$148.8M+1,253%
Net income$106.4M+234%
EPS (diluted)$1.82+231%

Balance sheet

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Cash & equivalents$302.1M-6.8%
Total debt$2.0B+6.3%
Total equity$836.5M-29.4%
Total assets$5.2B-3.5%

Cash flow

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Operating cash flow-$320.2M-485%
Free cash flow-$349.9M-835%

Valuation

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Market cap$3.99B+34.6%
Enterprise value$5.67B+25.9%
P/S0.5×+0.1×

Profitability

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Gross margin21.2%+2.0pp
Operating margin-2.6%-3.8pp
Net margin-3.5%-18.9pp
FCF margin2.2%-1.1pp

Returns & leverage

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Return on equity-25.8%-51.1pp
Debt / equity2.4×+0.8×
Current ratio1.2×+0.2×

Where this comes from

Reported directly by Polaris in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Polaris’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 3:39 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050104
Line itemSix months ended June 30, 2026Six months ended June 30, 2025
Prepaid expenses and other, net4.391.1
Net cash (used for) provided by operating activities(90.0)403.5
Investing Activities:
Purchase of property and equipment, net(73.8)(76.1)
Distributions from finance affiliate, net20.116.4
Investments in other affiliates(20.0)
Sale of business(79.3)
Net cash used for investing activities(153.0)(59.7)

Item 1 – FINANCIAL STATEMENTS

FAQ

What is Polaris's capex?
Polaris (PII) reported capex of $44.1M in Q2 2026.
How has Polaris's capex changed year-over-year?
Polaris's capex increased by 8.9% year-over-year, from $40.5M to $44.1M.
What is the long-term trend for Polaris's capex?
Over 4 years (2021 to 2025), Polaris's capex has grown at a -11.5% compound annual growth rate (CAGR), from $298.3M to $182.9M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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