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Side-by-side financial comparison of Polaris Inc. (PII) and PORTLAND GENERAL ELECTRIC CO (POR). Click either name above to swap in a different company.

Polaris Inc. is the larger business by last-quarter revenue ($1.7B vs $889.0M, roughly 1.9× PORTLAND GENERAL ELECTRIC CO). PORTLAND GENERAL ELECTRIC CO runs the higher net margin — 4.6% vs -2.8%, a 7.5% gap on every dollar of revenue. On growth, Polaris Inc. posted the faster year-over-year revenue change (8.0% vs 7.9%). PORTLAND GENERAL ELECTRIC CO produced more free cash flow last quarter ($-142.0M vs $-342.5M). Over the past eight quarters, PORTLAND GENERAL ELECTRIC CO's revenue compounded faster (-2.2% CAGR vs -8.0%).

Polaris Inc. is an American automotive manufacturer headquartered in Medina, Minnesota, United States. Polaris was founded in Roseau, Minnesota, where it still has engineering and manufacturing facilities. The company manufactured motorcycles through its Victory Motorcycles subsidiary until January 2017, then produced motorcycles through the Indian Motorcycle subsidiary, which it purchased in April 2011 and announced its divestiture in October 2025. Polaris produced personal watercraft from 1...

Portland General Electric (PGE) is a Fortune 1000, publicly traded energy company based in Portland, Oregon, that generates, transmits and distributes electricity, serving almost two-thirds of Oregon's commercial and industrial activity. PGE is regulated by the Oregon Public Utility Commission. Founded in 1888 as the Willamette Falls Electric Company, the company has been an independent company for most of its existence, though was briefly owned by the Houston-based Enron Corporation from 199...

PII vs POR — Head-to-Head

Bigger by revenue
PII
PII
1.9× larger
PII
$1.7B
$889.0M
POR
Growing faster (revenue YoY)
PII
PII
+0.1% gap
PII
8.0%
7.9%
POR
Higher net margin
POR
POR
7.5% more per $
POR
4.6%
-2.8%
PII
More free cash flow
POR
POR
$200.5M more FCF
POR
$-142.0M
$-342.5M
PII
Faster 2-yr revenue CAGR
POR
POR
Annualised
POR
-2.2%
-8.0%
PII

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PII
PII
POR
POR
Revenue
$1.7B
$889.0M
Net Profit
$-47.2M
$41.0M
Gross Margin
20.2%
Operating Margin
10.7%
Net Margin
-2.8%
4.6%
Revenue YoY
8.0%
7.9%
Net Profit YoY
29.2%
7.9%
EPS (diluted)
$-0.83
$0.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PII
PII
POR
POR
Q1 26
$1.7B
Q4 25
$1.9B
$889.0M
Q3 25
$1.8B
$952.0M
Q2 25
$1.9B
$807.0M
Q1 25
$1.5B
$928.0M
Q4 24
$1.8B
$824.0M
Q3 24
$1.7B
$929.0M
Q2 24
$2.0B
$758.0M
Net Profit
PII
PII
POR
POR
Q1 26
$-47.2M
Q4 25
$-303.6M
$41.0M
Q3 25
$-15.8M
$103.0M
Q2 25
$-79.3M
$62.0M
Q1 25
$-66.8M
$100.0M
Q4 24
$10.6M
$38.0M
Q3 24
$27.7M
$94.0M
Q2 24
$68.7M
$72.0M
Gross Margin
PII
PII
POR
POR
Q1 26
20.2%
Q4 25
20.0%
Q3 25
20.7%
Q2 25
19.4%
Q1 25
16.0%
Q4 24
20.4%
Q3 24
20.6%
Q2 24
21.6%
Operating Margin
PII
PII
POR
POR
Q1 26
Q4 25
-16.7%
10.7%
Q3 25
1.1%
18.3%
Q2 25
-0.7%
14.6%
Q1 25
-2.4%
18.1%
Q4 24
3.7%
10.7%
Q3 24
3.8%
15.7%
Q2 24
6.1%
15.3%
Net Margin
PII
PII
POR
POR
Q1 26
-2.8%
Q4 25
-15.8%
4.6%
Q3 25
-0.9%
10.8%
Q2 25
-4.3%
7.7%
Q1 25
-4.3%
10.8%
Q4 24
0.6%
4.6%
Q3 24
1.6%
10.1%
Q2 24
3.5%
9.5%
EPS (diluted)
PII
PII
POR
POR
Q1 26
$-0.83
Q4 25
$-5.34
$0.36
Q3 25
$-0.28
$0.94
Q2 25
$-1.39
$0.56
Q1 25
$-1.17
$0.91
Q4 24
$0.18
$0.34
Q3 24
$0.49
$0.90
Q2 24
$1.21
$0.69

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PII
PII
POR
POR
Cash + ST InvestmentsLiquidity on hand
$282.0M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$750.4M
$4.1B
Total Assets
$5.2B
$13.2B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PII
PII
POR
POR
Q1 26
$282.0M
Q4 25
$138.0M
Q3 25
$335.5M
Q2 25
$324.3M
Q1 25
$291.7M
Q4 24
$287.8M
Q3 24
$291.3M
Q2 24
$322.7M
Total Debt
PII
PII
POR
POR
Q1 26
Q4 25
$1.5B
$4.7B
Q3 25
$1.3B
$4.7B
Q2 25
$1.4B
$4.7B
Q1 25
$1.6B
$4.7B
Q4 24
$1.6B
$4.5B
Q3 24
$1.7B
$4.4B
Q2 24
$2.1B
$4.4B
Stockholders' Equity
PII
PII
POR
POR
Q1 26
$750.4M
Q4 25
$828.4M
$4.1B
Q3 25
$1.1B
$4.0B
Q2 25
$1.2B
$3.9B
Q1 25
$1.2B
$3.8B
Q4 24
$1.3B
$3.8B
Q3 24
$1.3B
$3.6B
Q2 24
$1.3B
$3.5B
Total Assets
PII
PII
POR
POR
Q1 26
$5.2B
Q4 25
$4.9B
$13.2B
Q3 25
$5.3B
$13.0B
Q2 25
$5.4B
$12.7B
Q1 25
$5.5B
$12.7B
Q4 24
$5.5B
$12.5B
Q3 24
$5.6B
$11.9B
Q2 24
$5.7B
$11.6B
Debt / Equity
PII
PII
POR
POR
Q1 26
Q4 25
1.82×
1.13×
Q3 25
1.13×
1.20×
Q2 25
1.17×
1.23×
Q1 25
1.32×
1.23×
Q4 24
1.27×
1.20×
Q3 24
1.29×
1.22×
Q2 24
1.56×
1.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PII
PII
POR
POR
Operating Cash FlowLast quarter
$148.0M
Free Cash FlowOCF − Capex
$-342.5M
$-142.0M
FCF MarginFCF / Revenue
-20.6%
-16.0%
Capex IntensityCapex / Revenue
32.6%
Cash ConversionOCF / Net Profit
3.61×
TTM Free Cash FlowTrailing 4 quarters
$168.0M
$-71.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PII
PII
POR
POR
Q1 26
Q4 25
$178.7M
$148.0M
Q3 25
$158.8M
$403.0M
Q2 25
$320.3M
$336.0M
Q1 25
$83.2M
$231.0M
Q4 24
$206.3M
$170.0M
Q3 24
$21.0M
$244.0M
Q2 24
$146.3M
$189.0M
Free Cash Flow
PII
PII
POR
POR
Q1 26
$-342.5M
Q4 25
$114.0M
$-142.0M
Q3 25
$116.7M
$100.0M
Q2 25
$279.8M
$99.0M
Q1 25
$47.6M
$-128.0M
Q4 24
$137.3M
$-222.0M
Q3 24
$-32.4M
$-9.0M
Q2 24
$79.1M
$-109.0M
FCF Margin
PII
PII
POR
POR
Q1 26
-20.6%
Q4 25
5.9%
-16.0%
Q3 25
6.3%
10.5%
Q2 25
15.1%
12.3%
Q1 25
3.1%
-13.8%
Q4 24
7.8%
-26.9%
Q3 24
-1.9%
-1.0%
Q2 24
4.0%
-14.4%
Capex Intensity
PII
PII
POR
POR
Q1 26
Q4 25
3.4%
32.6%
Q3 25
2.3%
31.8%
Q2 25
2.2%
29.4%
Q1 25
2.3%
38.7%
Q4 24
3.9%
47.6%
Q3 24
3.1%
27.2%
Q2 24
3.4%
39.3%
Cash Conversion
PII
PII
POR
POR
Q1 26
Q4 25
3.61×
Q3 25
3.91×
Q2 25
5.42×
Q1 25
2.31×
Q4 24
19.46×
4.47×
Q3 24
0.76×
2.60×
Q2 24
2.13×
2.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PII
PII

Segment breakdown not available.

POR
POR

Other$507.0M57%
Commercial$231.0M26%
Industrial$140.0M16%
Direct Accesscustomers$11.0M1%

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