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Polaris PII Marine — Reportable segment gross profit

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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+35.2%
Enterprise value$5.75B+26.2%
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 pii:GrossProfitAdjusted.

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
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)
Total gross profit$478.3

Item 1 – FINANCIAL STATEMENTS

FAQ

What is Polaris's marine — reportable segment gross profit?
Polaris (PII) reported marine — reportable segment gross profit of $31.1M in Q2 2026.
How has Polaris's marine — reportable segment gross profit changed year-over-year?
Polaris's marine — reportable segment gross profit increased by 16.9% year-over-year, from $26.6M to $31.1M.
What is the long-term trend for Polaris's marine — reportable segment gross profit?
Over 3 years (2022 to 2025), Polaris's marine — reportable segment gross profit has grown at a -31.2% compound annual growth rate (CAGR), from $222.5M to $72.5M.
What does marine — reportable segment gross profit mean?
Calculated as segment revenue minus the direct costs of goods sold, including materials, labor, and logistics. This metric measures the fundamental profitability of the marine segment before accounting for operating expenses.

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