Polaris profit margin PII
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −3.5%
- Operating margin, 12 months
- −2.6%
- Net margin on a year earlier
- −1.9 pts
- Peer median
- 5.3%
Over the twelve months to Jun 30, 2026, Polaris kept −3.5% of its revenue as net profit, with an operating margin of −2.6% and a gross margin of 21.2%.
Five years earlier its net margin was 8.3%.
The median for 10 aerospace and defense stocks of a similar size is 5.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −6.5% | −4.9% | 19.1% |
| FY2024 | 1.5% | 4.0% | 20.4% |
| FY2023 | 5.6% | 7.8% | 21.9% |
| FY2022 | 5.2% | 9.4% | 22.8% |
| FY2021 | 6.3% | 9.1% | 23.6% |
| FY2020 | 1.8% | 3.0% | 24.3% |
| FY2019 | 4.8% | 7.1% | 24.3% |
| FY2018 | 5.5% | 8.0% | 24.7% |
| FY2017 | 3.2% | 6.6% | 24.4% |
| FY2016 | 4.7% | 7.8% | 24.5% |
| FY2015 | 9.6% | 15.2% | 28.4% |
| FY2014 | 10.1% | 16.0% | 29.4% |
| FY2013 | 10.0% | 15.3% | 29.7% |
| FY2012 | 9.7% | 14.9% | 28.8% |
| FY2011 | 8.6% | 13.2% | 27.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −3.5% | −1.9 pts | −2.6% | |
| Q1 FY26 | −6.1% | −6.7 pts | −4.8% | |
| Q4 FY25 | −6.5% | −8.1 pts | −4.9% | |
| Q3 FY25 | −2.2% | −4.8 pts | 0.5% | |
| Q2 FY25 | −1.6% | −5.5 pts | 1.2% | |
| Q1 FY25 | 0.6% | −4.1 pts | 3.1% | |
| Q4 FY24 | 1.5% | −4.1 pts | 4.0% | |
| Q3 FY24 | 2.6% | −3.9 pts | 4.8% | |
| Q2 FY24 | 4.0% | −2.9 pts | 6.1% | |
| Q1 FY24 | 4.6% | −0.8 pts | 6.8% | |
| Q4 FY23 | 5.6% | +0.4 pts | 7.8% | |
| Q3 FY23 | 6.6% | +2.5 pts | 9.0% |
Against its peers
Companies in Aerospace & Defense nearest Polaris' size, closest first, today.
| Company | Profit margin |
|---|---|
| PIIPolaris | −3.5% |
| HOGHarley-Davidson | 4.8% |
| THOThor Industries | 1.8% |
| AIRAAR | 5.5% |
| ATROAstronics | 8.4% |
| KRMNKarman | 6.3% |
| LOARLoar | 11.6% |
| SAROStandardAero | 5.1% |
| KTOSKratos Defense & Security Solutions | 2.0% |
| DRSLeonardo DRS | 8.5% |
| HIIHuntington Ingalls Industries | 5.0% |
| Peer median | 5.3% |
Where Polaris ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Polaris
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.