What is Polaris's goodwill?

Polaris (PII) reported goodwill of $795M in Q1 2026.

How has Polaris's goodwill changed year-over-year?

Polaris's goodwill decreased by 14.8% year-over-year, from $933.4M to $795M.

What is the long-term trend for Polaris's goodwill?

Over 5 years (2020 to 2025), Polaris's goodwill has grown at a -5.9% compound annual growth rate (CAGR), from $1.08B to $800M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Polaris PII Goodwill

Goodwill at other companies

BrunswickBC

$676.4M-30.4%

LCI IndustriesLCII

$619.55M+5.0%

Harley-DavidsonHOG

$63.44M+1.8%

Thor IndustriesTHO

$1.87B+2.1%

LKQLKQ

$5.37B-3.1%

Patrick IndustriesPATK

$839.72M+4.7%

Segments

By segment

See full

Marine$230.6M0.0%

Polaris Powersports$118.2M—

Aixam & Goupil$0—

Other financials

Income statement

See full

Revenue$1.7B+8.0%

Gross profit$334.8M+36.7%

Operating income-$39.1M-8.3%

Net income-$47.4M+29.0%

EPS (diluted)-$0.83+29.1%

Balance sheet

See full

Cash & equivalents$282.0M-3.3%

Total debt$2.1B+1.4%

Total equity$750.4M-38.8%

Total assets$5.2B-3.8%

Cash flow

See full

Operating cash flow-$320.2M-485%

CapEx$29.7M-16.6%

Free cash flow-$349.9M-835%

Valuation

See full

Market cap$3.91B+34.8%

Profitability

See full

Gross margin20%+0.2pp

Operating margin-4.8%-7.9pp

Net margin-6.1%-6.7pp

FCF margin2.2%-1.1pp

Returns & leverage

See full

Return on equity-45.1%-48.2pp

Debt / equity2.8×+1.1×

Current ratio1.2×+0.1×

Where this comes from

Reported directly by Polaris in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetIncludingGoodwill.

The official record: Polaris’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Polaris's goodwill?: Polaris (PII) reported goodwill of $795M in Q1 2026.
How has Polaris's goodwill changed year-over-year?: Polaris's goodwill decreased by 14.8% year-over-year, from $933.4M to $795M.
What is the long-term trend for Polaris's goodwill?: Over 5 years (2020 to 2025), Polaris's goodwill has grown at a -5.9% compound annual growth rate (CAGR), from $1.08B to $800M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.