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Polaris PII Interest Expense

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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%
CapEx$44.1M+8.9%
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:InterestExpense.

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 itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Income from financial services16.822.832.944.9
Operating income (loss)148.8(12.9)109.7(49.0)
Non-operating expense:
Interest expense33.733.264.167.3
Other (income) expense, net(18.3)46.5(30.1)47.4
Income (loss) before income taxes133.4(92.6)75.7(163.7)
Provision (benefit) for income taxes26.8(13.5)16.3(17.9)
Net income (loss)106.6(79.1)59.4(145.8)

Item 1 – FINANCIAL STATEMENTS

FAQ

What is Polaris's interest expense?
Polaris (PII) reported interest expense of $33.7M in Q2 2026.
How has Polaris's interest expense changed year-over-year?
Polaris's interest expense increased by 1.5% year-over-year, from $33.2M to $33.7M.
What is the long-term trend for Polaris's interest expense?
Over 4 years (2021 to 2025), Polaris's interest expense has grown at a 31.3% compound annual growth rate (CAGR), from $44.2M to $131.4M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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