POLARIS INC. (PII) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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POLARIS INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income (loss) → Net cash from operating activities: $106,600,000.00Prepaid expenses and other, net → Operating adjustments reconciliation: $69,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $65,300,000.00Accounts payable → Operating adjustments reconciliation: $50,000,000.00Noncash compensation → Operating adjustments reconciliation: $14,200,000.00Income taxes payable/receivable → Operating adjustments reconciliation: $12,900,000.00Inventories → Operating adjustments reconciliation: $3,200,000.00Other, net → Operating adjustments reconciliation: $1,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $123,600,000.00Operating adjustments reconciliation → Trade receivables: $36,500,000.00Operating adjustments reconciliation → Accrued expenses: $34,100,000.00Operating adjustments reconciliation → Noncash income from financial services: $9,500,000.00Operating adjustments reconciliation → Deferred income taxes: $9,400,000.00Operating adjustments reconciliation → Remaining operating cash flows, net (calculated): $2,500,000.00Distributions from finance affiliate, net → investing reconciliation: $12,700,000.00Net cash used in investing activities → investing reconciliation: $31,400,000.00investing reconciliation → Purchase of property and equipment, net: $44,100,000.00Net cash used in financing activities → financing reconciliation: $178,800,000.00Proceeds from stock issuances under employee plans → financing reconciliation: $1,000,000.00financing reconciliation → Borrowings (repayments) under revolving loan facility, net: $133,700,000.00financing reconciliation → Cash dividends to shareholders: $38,900,000.00financing reconciliation → Repayments under financing obligations: $6,700,000.00financing reconciliation → Payments of Ordinary Dividends, Noncontrolling Interest: $400,000.00financing reconciliation → Repurchase and retirement of common shares: $100,000.00Exchange-rate effect → Cash sources and uses: $100,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $298,200,000.00Net cash from operating activities → Cash sources and uses: $230,200,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $318,300,000.00Cash sources and uses → Net cash used in investing activities: $31,400,000.00Cash sources and uses → Net cash used in financing activities: $178,800,000.00Net income (loss): $106,600,000.00Net income (loss)+$106.60 MDepreciation and amortization: $65,300,000.00Depreciation & amortization+$65.30 MNoncash compensation: $14,200,000.00Stock-based compensation+$14.20 MNoncash income from financial services: -$9,500,000.00Non-cash financial services−$9.50 MDeferred income taxes: -$9,400,000.00Deferred income taxes−$9.40 MOther, net: $1,000,000.00Other non-cash items+$1.00 MTrade receivables: -$36,500,000.00Accounts receivable−$36.50 MInventories: $3,200,000.00Inventories+$3.20 MAccounts payable: $50,000,000.00Accounts payable+$50.00 MAccrued expenses: -$34,100,000.00Accrued liabilities−$34.10 MIncome taxes payable/receivable: $12,900,000.00Income tax balances+$12.90 MPrepaid expenses and other, net: $69,000,000.00Prepaid & other assets+$69.00 MRemaining operating cash flows, net (calculated): -$2,500,000.00Remaining operating (calculated)−$2.50 MNet cash from operating activities: $230,200,000.00Operating cash+$230.20 MOperating adjustments reconciliation: $215,600,000.00Borrowings (repayments) under revolving loan facility, net: -$133,700,000.00Credit lines, net−$133.70 MRepayments under financing obligations: -$6,700,000.00Debt & capital securities repaid−$6.70 MRepurchase and retirement of common shares: -$100,000.00Common stock repurchases−$100.00 KCash dividends to shareholders: -$38,900,000.00Common dividends paid−$38.90 MPayments of Ordinary Dividends, Noncontrolling Interest: -$400,000.00Noncontrolling dividends−$400.00 KProceeds from stock issuances under employee plans: $1,000,000.00Employee stock plans & options+$1.00 MNet cash used in financing activities: -$178,800,000.00. Cash required to fund net payments.Financing cash−$178.80 Mfinancing reconciliation: $179,800,000.00Purchase of property and equipment, net: -$44,100,000.00PP&E purchases−$44.10 MDistributions from finance affiliate, net: $12,700,000.00Finance affiliate distributions+$12.70 MInvestments in other affiliates: $0.00Sale of business: $0.00Net cash used in investing activities: -$31,400,000.00. Cash required to fund net payments.Investing cash−$31.40 Minvesting reconciliation: $44,100,000.00Cash sources and uses: $528,500,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $298,200,000.00Beginning cash$298.20 MEnding cash: Cash, cash equivalents, and restricted cash: $318,300,000.00Ending cash$318.30 MExchange-rate effect: $100,000.00FX effect+$100.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$186.10 MOperating cash − cash spent on PP&ECash flow / Net income2.16×Operating cash flow ÷ net incomeNet cash change+$20.10 MEnding cash − beginning cash
Chart details

POLARIS INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
298,200,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
230,200,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Loss on disposal groups), so Asset, Impairment Loss and Loss on disposal groups cannot be separated for this quarter. It may combine inflows and outflows.
Net income (loss)
106,600,000 US dollars
Depreciation and amortization
65,300,000 US dollars
Noncash compensation
14,200,000 US dollars
Noncash income from financial services
negative 9,500,000 US dollars
Deferred income taxes
negative 9,400,000 US dollars
Other, net
1,000,000 US dollars
Trade receivables
negative 36,500,000 US dollars
Inventories
3,200,000 US dollars
Accounts payable
50,000,000 US dollars
Accrued expenses
negative 34,100,000 US dollars
Income taxes payable/receivable
12,900,000 US dollars
Prepaid expenses and other, net
69,000,000 US dollars
Remaining operating cash flows, net (calculated)
negative 2,500,000 US dollars
Investing activities
negative 31,400,000 US dollars. Net cash used.
Purchase of property and equipment, net
negative 44,100,000 US dollars
Distributions from finance affiliate, net
12,700,000 US dollars
Investments in other affiliates
0 US dollars
Sale of business
0 US dollars
Financing activities
negative 178,800,000 US dollars. Net cash used.
Borrowings (repayments) under revolving loan facility, net
negative 133,700,000 US dollars
Repayments under financing obligations
negative 6,700,000 US dollars
Repurchase and retirement of common shares
negative 100,000 US dollars
Cash dividends to shareholders
negative 38,900,000 US dollars
Payments of Ordinary Dividends, Noncontrolling Interest
negative 400,000 US dollars
Proceeds from stock issuances under employee plans
1,000,000 US dollars
Operating adjustment reconciliation
215,600,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing gross reconciliation
179,800,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
44,100,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
100,000 US dollars
Ending cash on Jun 30, 2026
318,300,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
528,500,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
20,100,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.16×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
230,200,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
44,100,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
186,100,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $123.60M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Cash-flow net income is $106.60 M, derived by subtracting the earlier cumulative period; the income statement reports $106.40 M for the same period. The difference is $200.00 K. Neither amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 230,200,000 US dollars minus 44,100,000 US dollars equals 186,100,000 US dollars.
  • Cash-flow net income is $106.60 M, derived by subtracting the earlier cumulative period; the income statement reports $106.40 M for the same period. The difference is $200.00 K. Neither amount has been adjusted.
POLARIS INC. (PII) FY2026 Q2 Statement of Cash Flows Sankey chart
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