Polaris Renewable Energy Inc.

PIF.TOTSXUtilities● Active

$13.24

+$0.16(+1.22%)

Market Cap$276737422

P/E Ratio—

52W High$14.2

52W Low$11.55

Avg Volume37K

Open$13.01

Beta0.51

Net Income Financials Revenue

Polaris Renewable Energy Inc. (PIF.TO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

PIF.TO · net income · updated Jun 8, 2026

Core profitability metrics

PIF.TO · net income · margin · TTM · CAGR

Net income was −$2.8M for FY2025 (fiscal year ending 2025-12-31), down 193.4% year-over-year. Net profit margin was -3.4%. Based on available data, Polaris Renewable Energy Inc. has been profitable since at least 2017.

FY2025 Net Income−$2.8M▼ -193.4% YoY

Trailing 12M (TTM)$7.2Mtrailing 4 quarters sum

Net Profit Margin-3.4%−$2.8M ÷ $81.9M

YoY Change-193.4%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2017

▸ FMP /income-statement · Annual · PIF.TO net income history · PIF.TO profit margin

Annual net income data

PIF.TO · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025Loss−$2.8M▼ 193.4%-3.4%$81.9M

FY2024$3.0M▼ 74.5%4.0%$75.8M

FY2023$11.7M▲ +369.9%15.0%$78.5M

FY2022$2.5M▲ +398.8%4.0%$62.6M

FY2021$501,000▼ 98.3%0.8%$59.5M

Net income vs peers (Utilities)

PIF.TO vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Polaris Renewable Energy Inc.YOU

PIF.TO

−$2.8M-193.4%-3.4%

Loss

Duke Energy Corporation

Constellation Energy Corporation

CEG

$2.32B-38.1%9.1%

34%

Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Polaris Renewable Energy Inc. (PIF.TO) reported net income of −$2.8M for FY2025 (fiscal year ending 2025-12-31), down 193.4% year-over-year. The net profit margin was -3.4% — meaning the company kept $-0.03 of every dollar of revenue as profit.

Based on available data, Polaris Renewable Energy Inc. has been profitable since at least 2017. Net income reached a peak of $28.8M in FY2020. Data available for 15 fiscal years.

Polaris Renewable Energy Inc.'s net profit margin was -3.4% for FY2025, based on the latest annual results.

Investors sometimes search for "Polaris Renewable Energy Inc. net worth" — the company's market capitalization is a separate figure from PIF.TO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

PIF.TO net income · 5 questions

Polaris Renewable Energy Inc. is not currently profitable on an annual basis. The company reported a net loss of $2.8M for FY2025.

is PIF.TO profitabledoes PIF.TO make a profitPIF.TO profitabilityPIF.TO profitable company

▸ Source: FMP /income-statement · GAAP · Polaris Renewable Energy Inc. · Polaris Renewable Energy Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026