Operating Income for Polaris (PII)
According to Polaris's latest reported financial statements, the company's current operating income (TTM) is -$34.70M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

PII
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
-$34.70M
YoY change
-112.8%
5Y CAGR
N/A
Peak year (2022)
$754.00M
Cumulative operating income
$9.43B
Operating Income history chart for Polaris (PII) from 1987 to 2025
Operating Income history table for Polaris (PII) from 1987 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | -$28.30M | -112.8% | ||
| 2024 | $220.40M | -65.0% | ||
| 2023 | $629.20M | -16.6% | ||
| 2022 | $754.00M | +14.6% | ||
| 2021 | $657.70M | +28.1% | ||
| 2020 | $513.50M | +27.8% | ||
| 2019 | $401.89M | +0.6% | ||
| 2018 | $399.30M | -0.2% | ||
| 2017 | $400.20M | +49.0% | ||
| 2016 | $268.62M | -58.4% | ||
| 2015 | $645.28M | -1.9% | ||
| 2014 | $657.67M | +23.6% | ||
| 2013 | $531.91M | +19.6% | ||
| 2012 | $444.91M | +36.0% | ||
| 2011 | $327.13M | +60.5% | ||
| 2010 | $203.87M | +37.8% | ||
| 2009 | $147.90M | -8.5% | ||
| 2008 | $161.59M | +23.6% | ||
| 2007 | $130.75M | +8.1% | ||
| 2006 | $121.00M | -41.0% | ||
| 2005 | $205.01M | +14.1% | ||
| 2004 | $179.60M | +7.7% | ||
| 2003 | $166.72M | +9.0% | ||
| 2002 | $152.93M | +17.8% | ||
| 2001 | $129.82M | +6.6% | ||
| 2000 | $121.79M | +7.2% | ||
| 1999 | $113.60M | +13.5% | ||
| 1998 | $100.10M | +7.5% | ||
| 1997 | $93.10M | -4.4% | ||
| 1996 | $97.40M | -4.2% | ||
| 1995 | $101.70M | +4.6% | ||
| 1994 | $97.20M | +82.7% | ||
| 1993 | $53.20M | -9.8% | ||
| 1992 | $59.00M | +13.7% | ||
| 1991 | $51.90M | +8.8% | ||
| 1990 | $47.70M | +19.3% | ||
| 1989 | $40.00M | +31.1% | ||
| 1988 | $30.50M | +853.1% | ||
| 1987 | $3.20M | — |
Operating Income values are taken from Polaris's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Polaris (PII) operating income is -$28.30M – plunged 112.8% year-over-year.
Polaris operating income peaked at $754.00M in 2022; the latest annual figure is -$28.30M in 2025 (103.8% below peak).
Across the available history, operating income reached its high of $754.00M in 2022 and its low of -$28.30M in 2025.
Within Consumer Cyclical, Polaris (PII) ranks 9th among 8 peers we track. The peer median for operating income is $16.64B.
Polaris Operating Income by Year
Polaris Operating Income 2025: -$28.30M
Polaris operating income in 2025 was -$28.30M, plunged 112.8% below 2024. This figure represents the lowest annual value in the available history.
Polaris Operating Income 2024: $220.40M
Polaris operating income in 2024 was $220.40M, plunged 65.0% below 2023.
Polaris Operating Income 2023: $629.20M
Polaris operating income in 2023 was $629.20M, declined 16.6% below 2022.
Polaris Operating Income 2022: $754.00M
Polaris operating income in 2022 was $754.00M, grew 14.6% from 2021. This figure represents the highest annual value in the available history.
Polaris Operating Income 2021: $657.70M
Polaris operating income in 2021 was $657.70M.
See more financial history for Polaris (PII).
Sector peers — Operating Income
Companies in the same sector as Polaris, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Polaris's operating income?
- Latest reported operating income for Polaris (PII) is -$34.70M (period ending March 31, 2026).
How has Polaris operating income changed year-over-year?
- Polaris (PII) operating income changed -112.8% year-over-year on the latest annual filing.
When did Polaris operating income hit its highest annual value?
- Polaris operating income reached its highest annual value of $754.00M in 2022.
What was Polaris operating income in 2024?
- Polaris (PII) operating income in 2024 was $220.40M.
What was Polaris operating income in 2025?
- Polaris (PII) operating income in 2025 was -$28.30M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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