Polaris
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Polaris's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $8,934,400,000. Profit margin reached 6%. Total operating expenses were $1,259,000,000.
Profit Margin
| 2014 | 4.47B | 454.02M | 10.14% |
|---|---|---|---|
| 2015 | 4.71B | 455.36M | 9.65% |
| 2016 | 4.51B | 212.94M | 4.71% |
| 2017 | 5.42B | 172.49M | 3.18% |
| 2018 | 6.07B | 335.25M | 5.52% |
| 2019 | 6.78B | 323.96M | 4.78% |
| 2020 | 7.02B | 124.8M | 1.78% |
| 2021 | 8.19B | 493.9M | 6.02% |
| 2022 | 8.58B | 603.4M | 7.03% |
| 2023 | 8.93B | 502.8M | 5.63% |
PII Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.93B | 8.58B | 8.19B | 7.02B | 6.78B | 6.07B | 5.42B | 4.51B | 4.71B | 4.47B |
Cost of revenue | 6.97B | 6.62B | 6.25B | 5.31B | 5.13B | 4.57B | 4.10B | 3.41B | 3.38B | 3.16B |
Gross profit | 1.95B | 1.95B | 1.94B | 1.71B | 1.64B | 1.50B | 1.32B | 1.10B | 1.33B | 1.31B |
Operating exp. | ||||||||||
Research and development | 374.3M | 366.7M | 336.7M | 295.6M | 292.93M | 259.68M | 238.29M | 185.12M | 166.46M | 148.45M |
Selling and marketing | 542.3M | 480.8M | 584.8M | 544.3M | 559.10M | 491.77M | 471.80M | 342.23M | 316.66M | 314.44M |
Total operating expenses | 1.25B | 1.15B | 1.23B | 1.11B | 1.16B | 1.01B | 964.99M | 755.34M | 622.90M | 604.48M |
Operating income | 700.9M | 804.5M | 709M | 587.3M | 483.67M | 487.41M | 359.65M | 350.27M | 716.13M | 714.69M |
Other income (expenses), net | -80.5M | -43.1M | -83.3M | -70.9M | -75.87M | -1.19M | -40.86M | -20.70M | -30.40M | -15.37M |
Income before tax | 620.4M | 761.4M | 625.7M | 141.4M | 407.8M | 429.24M | 318.79M | 313.25M | 685.73M | 699.31M |
Income tax expense | 117.7M | 158M | 131.4M | 16.5M | 83.91M | 93.99M | 146.29M | 100.30M | 230.37M | 245.28M |
Net income | 502.8M | 603.4M | 493.9M | 124.8M | 323.96M | 335.25M | 172.49M | 212.94M | 455.36M | 454.02M |
Earnings per share | ||||||||||
Basic EPS | 8.81 | 10.18 | 8.06 | 2.02 | 5.27 | 5.36 | 2.74 | 3.31 | 6.9 | 6.86 |
Diluted EPS | 8.71 | 10.04 | 7.88 | 1.99 | 5.2 | 5.25 | 2.69 | 3.27 | 6.75 | 6.65 |
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