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Polaris PII Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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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$4.07B+38.7%
Enterprise value$5.75B+28.5%
P/S0.6×+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:MinorityInterest.

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 itemJune 30, 2026December 31, 2025
Common stock $0.01 par value per share, 160.0 shares authorized, 56.9 and 56.5 shares issued and outstanding, respectively$0.6$0.6
Additional paid-in capital1,368.21,328.9
Accumulated deficit(496.0)(469.0)
Accumulated other comprehensive loss, net(36.3)(32.1)
Total shareholders’ equity836.5828.4
Noncontrolling interest4.54.5
Total equity841.0832.9
Total liabilities and equity$5,199.4$4,893.7

Item 1 – FINANCIAL STATEMENTS

FAQ

What is Polaris's noncontrolling interests in subsidiaries?
Polaris (PII) reported noncontrolling interests in subsidiaries of $4.5M in Q2 2026.
How has Polaris's noncontrolling interests in subsidiaries changed year-over-year?
Polaris's noncontrolling interests in subsidiaries increased by 4.7% year-over-year, from $4.3M to $4.5M.
What is the long-term trend for Polaris's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Polaris's noncontrolling interests in subsidiaries has grown at a 71.9% compound annual growth rate (CAGR), from $300K to $4.5M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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