POLA
POLA
NASDAQ · Electrical Equipment

Polar Power Inc

$2.08
+0.13 (+6.67%)
As of Mar 31, 5:00 PM ET ·
Financial Highlights (FY 2026)
Revenue
15.57M
Net Income
-5,212,111
Gross Margin
15.8%
Profit Margin
-33.5%
Rev Growth
-6.2%
D/E Ratio
0.59
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 15.8% 15.8% 37.8% 37.8%
Operating Margin -31.3% -28.2% 15.0% 13.0%
Profit Margin -33.5% -31.8% 11.6% 12.8%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 15.57M 16.59M 1.78M 2.00M
Gross Profit 2.47M 2.63M 673.7K 754.7K
Operating Income -4,876,021 -4,675,992 267.1K 258.7K
Net Income -5,212,111 -4,998,295 207.0K 254.8K
Gross Margin 15.8% 15.8% 37.8% 37.8%
Operating Margin -31.3% -28.2% 15.0% 13.0%
Profit Margin -33.5% -31.8% 11.6% 12.8%
Rev Growth -6.2% -6.2% +21.8% -8.7%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 808.1K 808.1K 1.83M 1.76M
Total Equity 1.36M 1.36M 1.99M 1.69M
D/E Ratio 0.59 0.59 0.92 1.04
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA -4,548,925 -4,604,665 283.1K 335.7K
Free Cash Flow 139.9K 132.8K