Polaris Quarterly Balance Sheet
NYSE: PIIConsumer DiscretionaryIndustrial SpecialtiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Polaris financial position
As of Mar 31, 2026, Polaris reported total assets of $5.24 billion, down 3.8% from a year earlier against total liabilities of $4.48 billion. Shareholders' equity stood at $750.4 million, or 14.3% of assets. The company held $282.0 million in cash and equivalents against $2.09 billion of debt, a net debt position of $1.81 billion.
The current ratio (current assets divided by current liabilities) was 1.21, meaning short-term assets cover obligations due within a year. Debt-to-equity was 2.79.
Summary generated from market data by MetaCap's automated system. Methodology
Polaris balance sheet (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 282.00M | 138.00M | 335.50M | 324.30M | 291.70M | 287.80M | 291.30M | 322.70M | 318.80M | 367.80M | 295.30M | 340.40M |
| Receivables | 249.00M | 237.50M | 230.30M | 225.20M | 211.30M | 192.30M | 223.70M | 254.90M | 254.10M | 306.40M | 477.80M | 293.10M |
| Inventory | 1.57B | 1.41B | 1.70B | 1.70B | 1.75B | 1.74B | 2.00B | 2.00B | 1.95B | 1.81B | 2.05B | 2.02B |
| Total Current Assets | 2.59B | 2.21B | 2.60B | 2.61B | 2.59B | 2.63B | 2.73B | 2.80B | 2.73B | 2.69B | 3.04B | 2.89B |
| Property, Plant & Equipment | 996.00M | 1.03B | 1.08B | 1.15B | 1.16B | 1.19B | 1.20B | 1.21B | 1.21B | 1.20B | 1.16B | 1.12B |
| Goodwill | 348.80M | 348.80M | 348.60M | 348.60M | 396.30M | 393.50M | 399.10M | 395.70M | 392.40M | 394.40M | 389.40M | 387.40M |
| Intangible Assets | 446.20M | 451.20M | 526.10M | 532.20M | 537.10M | 542.70M | 559.00M | 564.50M | 507.30M | 512.00M | 517.70M | 515.80M |
| Total Assets | 5.24B | 4.89B | 5.31B | 5.39B | 5.45B | 5.53B | 5.63B | 5.71B | 5.57B | 5.52B | 5.73B | 5.47B |
| Accounts Payable | 833.50M | 762.50M | 808.80M | 773.90M | 723.60M | 562.80M | 700.70M | 785.40M | 779.00M | 713.10M | 882.40M | 897.00M |
| Short-Term Debt | 34.80M | 34.80M | 434.80M | 434.50M | 434.30M | 434.30M | 454.40M | 54.10M | 54.00M | 54.00M | 553.90M | 553.70M |
| Total Current Liabilities | 2.13B | 2.24B | 2.55B | 2.50B | 2.31B | 2.29B | 2.25B | 1.98B | 1.86B | 1.93B | 2.44B | 2.41B |
| Long-Term Debt | 2.06B | 1.50B | 1.30B | 1.39B | 1.62B | 1.64B | 1.73B | 2.09B | 2.01B | 1.85B | 1.66B | 1.51B |
| Total Liabilities | 4.48B | 4.05B | 4.14B | 4.19B | 4.22B | 4.22B | 4.27B | 4.36B | 4.18B | 4.09B | 4.39B | 4.20B |
| Shareholders' Equity | 750.40M | 828.40M | 1.15B | 1.19B | 1.23B | 1.29B | 1.34B | 1.34B | 1.38B | 1.42B | 1.33B | 1.25B |
| Retained Earnings | -560.30M | -469.00M | -127.30M | -71.70M | 45.20M | 148.90M | 173.00M | 182.60M | 197.30M | 243.50M | 190.70M | 122.10M |
| Total Debt | 2.09B | 1.54B | 1.73B | 1.83B | 2.06B | 2.07B | 2.18B | 2.14B | 2.07B | 1.91B | 2.21B | 2.06B |
| Net Cash (Debt) | -1.81B | -1.40B | -1.40B | -1.50B | -1.76B | -1.78B | -1.89B | -1.82B | -1.75B | -1.54B | -1.91B | -1.72B |
| Shares Outstanding | 56.90M | 56.50M | 56.20M | 56.20M | 56.20M | 56.10M | 55.80M | 55.70M | 56.50M | 56.50M | 56.50M | 56.60M |
This table shows 12 quarterly periods of Polaris's balance sheet, from Q1 2026 back to Q2 2023, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow PII's reporting calendar. What is a balance sheet?