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Polaris PII Marine — Warranty

Other segment segments

Polaris Powersports
$26.7M
Aixam & Goupil
$800K

Similar metrics at other companies

SolarEdge Technologies logo
SEDGWarranty expense
$8.11M-52.6%
Itron logo
ITRIWarranty
$2.08M+761%
Enphase Energy logo
ENPHWarranty obligations
-$9.84M-193%
Ciena logo
CIENProvision for warranty
$8.5M+69.4%
Xylem logo
XYLWarranty expense
$9.75M+8.3%
LKQ logo
LKQWarranty expense
$19M-14.6%

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:ProductWarrantyExpense.

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 marine — warranty?
Polaris (PII) reported marine — warranty of $2.9M in Q1 2026.
How has Polaris's marine — warranty changed year-over-year?
Polaris's marine — warranty increased by 26.1% year-over-year, from $2.3M to $2.9M.
What is the long-term trend for Polaris's marine — warranty?
Over 3 years (2022 to 2025), Polaris's marine — warranty has grown at a -17.3% compound annual growth rate (CAGR), from $19.1M to $10.8M.
What does marine — warranty mean?
Represents the estimated costs associated with fulfilling warranty obligations for marine products sold to customers. High or rising levels may indicate potential quality control issues or changes in product reliability standards.