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Polaris PII Impairment on sales of Shopify's logistics businesses

Impairment on sales of Shopify's logistics businesses at other companies

FMC Corporation logo
FMC CorporationFMC
$64.7M+1,987%
Polaris logo
PolarisPII
$31.6M
EnerSys logo
EnerSysENS
-$296.75K-126%
Proto Labs logo
Proto LabsPRLB
$0-100%
John Wiley & Sons, Inc. logo
John Wiley & Sons, Inc.WLYB
-$1.24M+90.9%
InnovAge Holdings, Inc. logo
InnovAge Holdings, Inc.INNV
$0

Other financials

Income statement

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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

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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

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Operating cash flow-$320.2M-485%
CapEx$29.7M-16.6%
Free cash flow-$349.9M-835%

Valuation

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Market cap$4.03B+34.8%

Profitability

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Gross margin20%+0.2pp
Operating margin-4.8%-7.9pp
Net margin-6.1%-6.7pp
FCF margin2.2%-1.1pp

Returns & leverage

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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:DisposalGroupNotDiscontinuedOperationLossGainOnWriteDown.

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 impairment on sales of shopify's logistics businesses?
Polaris (PII) reported impairment on sales of shopify's logistics businesses of $31.6M in Q1 2026.
What does impairment on sales of shopify's logistics businesses mean?
This metric represents the net loss or gain recognized from the sale or divestiture of a business unit, subsidiary, or asset group that does not meet the accounting criteria to be classified as a discontinued operation. It captures the financial impact of strategic portfolio rationalization, including write-downs to fair value less costs to sell. Investors monitor this to assess the impact of non-recurring restructuring activities on the company's bottom line.