POLA
POLA
NASDAQ · Electrical Equipment

Polar Power Inc

$1.26
-0.05 (-3.82%)
As of Sep 28, 10:46 PM ET ·
Financial Highlights (FY 2026)
Revenue
10.44M
Net Income
-15,131,976
Gross Margin
-18.9%
Profit Margin
-144.9%
Rev Growth
-26.8%
D/E Ratio
35.32
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin -18.9% -18.9% 37.8% 37.8%
Operating Margin -133.6% -120.2% 15.0% 13.0%
Profit Margin -144.9% -137.6% 11.6% 12.8%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 10.44M 14.26M 1.78M 2.00M
Gross Profit -1,969,864 -2,690,335 673.7K 754.7K
Operating Income -13,955,124 -17,153,252 267.1K 258.7K
Net Income -15,131,976 -18,599,806 207.0K 254.8K
Gross Margin -18.9% -18.9% 37.8% 37.8%
Operating Margin -133.6% -120.2% 15.0% 13.0%
Profit Margin -144.9% -137.6% 11.6% 12.8%
Rev Growth -26.8% -26.8% +21.8% -8.7%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 2.72M 2.72M 1.83M 1.76M
Total Equity 77.1K 77.1K 1.99M 1.69M
D/E Ratio 35.32 35.32 0.92 1.04
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA -13,844,703 -17,962,944 283.1K 335.7K
Free Cash Flow — — 139.9K 132.8K