Polaris Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	8,934	8,589	7,439	6,281	6,783	Upgrade
Revenue Growth (YoY)	4.02%	15.46%	18.43%	-7.39%	11.58%	Upgrade
Cost of Revenue	6,975	6,630	5,688	4,746	5,134	Upgrade
Gross Profit	1,960	1,960	1,751	1,536	1,649	Upgrade
Selling, General & Admin	965.1	836.7	764	725.9	953.1	Upgrade
Research & Development	374.3	366.7	328.7	288.1	292.9	Upgrade
Other Operating Expenses	-80.4	-48.4	-53.8	0.7	-80.9	Upgrade
Operating Expenses	1,259	1,155	1,039	1,015	1,165	Upgrade
Operating Income	700.9	804.5	712	521	483.7	Upgrade
Interest Expense / Income	125	71.7	44.2	66.8	77.6	Upgrade
Other Expense / Income	-44.6	127.7	41.8	239.5	-1.8	Upgrade
Pretax Income	620.5	605.1	626	214.7	407.9	Upgrade
Income Tax	117.7	158	132.1	89.9	83.9	Upgrade
Net Income	502.8	447.1	493.9	124.8	324	Upgrade
Net Income Growth	12.46%	-9.48%	295.75%	-61.48%	-3.37%	Upgrade
Shares Outstanding (Basic)	57	59	61	62	61	Upgrade
Shares Outstanding (Diluted)	58	60	63	63	62	Upgrade
Shares Change	-3.99%	-4.15%	0.16%	0.48%	-2.50%	Upgrade
EPS (Basic)	8.80	7.54	8.06	2.02	5.27	Upgrade
EPS (Diluted)	8.71	7.44	7.88	1.99	5.20	Upgrade
EPS Growth	17.07%	-5.58%	295.98%	-61.73%	-0.76%	Upgrade
Free Cash Flow	513.2	202	10.9	814.3	403.7	Upgrade
Free Cash Flow Per Share	8.99	3.41	0.18	13.15	6.58	Upgrade
Dividend Per Share	2.600	2.560	2.520	2.480	2.440	Upgrade
Dividend Growth	1.56%	1.59%	1.61%	1.64%	1.67%	Upgrade
Gross Margin	21.94%	22.81%	23.54%	24.45%	24.31%	Upgrade
Operating Margin	7.84%	9.37%	9.57%	8.29%	7.13%	Upgrade
Profit Margin	5.63%	5.21%	6.64%	1.99%	4.78%	Upgrade
Free Cash Flow Margin	5.74%	2.35%	0.15%	12.96%	5.95%	Upgrade
Effective Tax Rate	18.97%	26.11%	21.10%	41.87%	20.57%	Upgrade
EBITDA	1,004	909.6	886.6	517.3	720	Upgrade
EBITDA Margin	11.24%	10.59%	11.92%	8.24%	10.62%	Upgrade
Depreciation & Amortization	258.9	232.8	216.4	235.8	234.5	Upgrade
EBIT	745.5	676.8	670.2	281.5	485.5	Upgrade
EBIT Margin	8.34%	7.88%	9.01%	4.48%	7.16%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).