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Polaris PII Share Buybacks

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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$3.99B+34.6%
Enterprise value$5.67B+25.9%
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 us-gaap:PaymentsForRepurchaseOfCommonStock.

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 itemSix months ended June 30, 2026Six months ended June 30, 2025
Financing Activities:
Borrowings (repayments) under revolving loan facility, net424.9112.7
Repayments under financing obligations(13.4)(366.2)
Repurchase and retirement of common shares(9.3)(2.4)
Cash dividends to shareholders(77.6)(75.1)
Cash dividend to noncontrolling interest(0.4)(0.2)
Proceeds from stock issuances under employee plans3.62.3
Net cash provided by (used for) financing activities327.8(328.9)

Item 1 – FINANCIAL STATEMENTS

FAQ

What is Polaris's share buybacks?
Polaris (PII) reported share buybacks of $100K in Q2 2026.
What is the long-term trend for Polaris's share buybacks?
Over 3 years (2021 to 2024), Polaris's share buybacks has grown at a -43.6% compound annual growth rate (CAGR), from $461.6M to $82.7M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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