For the year ending 2025-12-31, PII had -$66,700K decrease in cash & cash equivalents over the period. $558,100K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -464,800 |
| Depreciation and amortization | 286,500 |
| Noncash compensation | 59,900 |
| Noncash income from financial services | 42,100 |
| Deferred income taxes | -139,100 |
| Impairment charges | 155,900 |
| Loss on disposal group held for sale | -327,100 |
| Other, net | -5,200 |
| Trade receivables | 34,100 |
| Inventories | -183,600 |
| Accounts payable | 196,700 |
| Accrued expenses | 137,400 |
| Income taxes payable/receivable | 24,300 |
| Prepaid expenses and other, net | -44,500 |
| Net cash provided by operating activities | 741,000 |
| Purchase of property and equipment, net | 182,900 |
| Investments in finance affiliate | 14,200 |
| Distributions from finance affiliate | 61,500 |
| Investments in and distributions from other affiliates | 3,900 |
| Acquisition of developed technology assets | 0 |
| Acquisitions of businesses, net of cash acquired | 0 |
| Net cash used for investing activities | -139,500 |
| Borrowings under financing obligations | 3,141,700 |
| Repayments under financing obligations | 3,685,300 |
| Repurchase and retirement of common shares | 2,400 |
| Cash dividends to shareholders | 150,300 |
| Cash dividend to noncontrolling interest | 400 |
| Proceeds from stock issuances under employee plans | 3,700 |
| Net cash used for financing activities | -693,000 |
| Impact of currency exchange rates on cash balances | 24,800 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -66,700 |
| Cash and cash equivalents at beginning of period | 303,000 |
| Cash and cash equivalents at end of period | 236,300 |
Polaris Inc. (PII)
Polaris Inc. (PII)