Flagship explainer

How POLARIS INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$7.2B · 100%Cost of revenue$5.8B · 81%Gross profit$1.4B · 19%Operating income−$349M · −5%Income before tax−$533M · −7%Income tax−$67.9M · −1%Net income−$466M · −7%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$7.2B100%
Cost of revenue$5.8B81%
$1.4B19%
−$349M−5%
Income before tax−$533M−7%
Income tax−$67.9M−1%
−$466M−7%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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