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Polaris PII Marine — Purchased materials, logistics and labor

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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$3.97B+35.2%
Enterprise value$5.65B+26.2%
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 pii:PurchasedMaterialsLogisticsAndLabor.

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 itemPolaris PowersportsMarineAixam & GoupilTotal
Reconciliation of consolidated sales
Corporate42.3
Consolidated sales2,022.8
Purchased materials, logistics and labor1,218.3142.057.81,418.1
Depreciation and amortization40.42.42.645.4
Warranty26.74.00.831.5
Reportable segment gross profit$429.8$31.1$24.6$485.5
Corporate costs and other - gross profit(7.2)

Item 1 – FINANCIAL STATEMENTS

FAQ

What is Polaris's marine — purchased materials, logistics and labor?
Polaris (PII) reported marine — purchased materials, logistics and labor of $142M in Q2 2026.
How has Polaris's marine — purchased materials, logistics and labor changed year-over-year?
Polaris's marine — purchased materials, logistics and labor increased by 15.2% year-over-year, from $123.3M to $142M.
What is the long-term trend for Polaris's marine — purchased materials, logistics and labor?
Over 3 years (2022 to 2025), Polaris's marine — purchased materials, logistics and labor has grown at a -17.3% compound annual growth rate (CAGR), from $742.3M to $420.1M.
What does marine — purchased materials, logistics and labor mean?
Captures the direct variable costs associated with manufacturing and delivering marine products, including raw materials, logistics, and production labor. Monitoring this helps evaluate the direct cost efficiency and supply chain management of the marine segment.

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