Polar Power, Inc. (POLA)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017
Total Revenue1,273,000$2,708,000$1,723,000$2,622,000$4,914,000$4,660,000$1,775,000$3,605,000$1,911,000$5,587,000$4,190,000$3,290,000$2,543,000$2,501,000$1,126,000$2,860,000$879,000$6,939,318$9,236,548$7,747,000$8,297,509$5,061,158$5,815,775$4,871,912$3,979,965$3,030,026$2,441,753$4,966,981$7,276,263$7,458,949$4,678,539$3,387,743$
QoQ%(52.99%)57.17%(34.29%)(46.64%)5.45%162.54%(50.76%)88.65%(65.80%)33.34%29.38%1.68%122.11%(60.63%)225.37%(87.33%)(24.87%)19.23%(6.64%)63.95%(12.98%)19.37%22.41%31.35%24.09%(50.84%)(31.74%)(2.45%)59.43%38.10%
YoY%(74.09%)(41.89%)(2.93%)(27.27%)157.14%(16.59%)(57.64%)15.04%189.31%(63.96%)(87.81%)(63.08%)(89.41%)37.11%58.82%59.01%108.48%67.03%138.18%(1.91%)(45.30%)(59.38%)(47.81%)46.62%
Cost Of Revenue3,533,000$1,778,000$1,403,000$4,162,000$3,490,000$2,828,000$2,177,000$5,032,000$2,019,000$4,112,000$3,435,000$3,348,000$4,596,000$5,200,000$1,837,000$3,020,000$3,545,166$4,707,412$6,274,404$5,355,000$5,941,867$3,530,847$3,753,586$3,388,274$2,732,094$2,201,083$1,674,129$3,050,251$3,379,136$4,063,404$3,227,658$1,949,639$
Gross Profit(2,260,000$)930,000$320,000$(1,540,000$)1,424,000$1,832,000$(402,000$)(1,427,000$)(108,000$)1,475,000$755,000$(58,000$)(2,053,000$)(2,699,000$)(711,000$)(160,000$)(2,667,000$)2,232,000$2,962,000$2,392,000$2,355,642$1,530,311$2,062,189$1,483,638$1,247,871$828,943$767,624$1,916,730$3,897,127$3,395,545$1,450,881$1,438,104$
Gross Margin(177.53%)34.34%18.57%(58.73%)28.98%39.31%(22.65%)(39.58%)(5.65%)26.40%18.02%(1.76%)(80.73%)(107.92%)(63.14%)(5.59%)(303.41%)32.17%32.07%30.88%28.39%30.24%35.46%30.45%31.35%27.36%31.44%38.59%53.56%45.52%31.01%42.45%
Operating Expenses1,617,000$1,040,000$1,421,000$1,356,000$1,384,000$1,372,000$1,577,000$1,545,000$1,565,000$1,785,000$1,790,000$1,840,000$1,582,000$2,014,000$1,584,000$2,160,000$2,009,000$2,189,000$2,389,000$2,313,000$2,601,417$2,294,267$1,823,929$1,810,955$1,742,611$1,517,595$1,352,665$950,256$853,793$761,863$676,120$485,958$
Operating Income(3,877,000$)(110,000$)(1,101,000$)(2,896,000$)40,000$460,000$(1,979,000$)(2,972,000$)(1,673,000$)(310,000$)(1,035,000$)(1,898,000$)(3,635,000$)(4,713,000$)(2,295,000$)(2,320,000$)(4,676,000$)43,000$573,000$79,000$(245,775$)(763,956$)238,260$(327,317$)(494,740$)(688,652$)(585,041$)966,474$3,043,334$2,633,682$774,761$952,146$
Operating Margin(304.56%)(4.06%)(63.90%)(110.45%).81%9.87%(111.49%)(82.44%)(87.55%)(5.55%)(24.70%)(57.69%)(142.94%)(188.45%)(203.82%)(81.12%)(531.97%).62%6.20%1.02%(2.96%)(15.09%)4.10%(6.72%)(12.43%)(22.73%)(23.96%)19.46%41.83%35.31%16.56%28.11%
Interest Income
Interest Expenses163,000$78,000$16,000$14,000$11,000$14,000$21,000$69,000$14,000$10,000$11,000$11,989$2,777$2,394$3,010$3,166$4,463$5,417$4,776$16,124$32,635$39,787$24,004$
Income Before Tax(4,085,000$)(271,000$)(1,265,000$)(3,049,000$)13,000$501,000$(2,142,000$)(3,155,000$)(1,844,000$)(436,000$)(1,113,000$)(1,903,000$)(3,649,000$)(4,723,000$)(2,298,000$)(2,339,000$)(4,731,000$)48,000$567,000$71,000$(210,774$)(757,117$)223,441$(318,802$)(478,145$)(674,584$)(568,846$)964,160$2,995,121$2,599,903$739,462$929,371$
Tax Expenses0$(4,278,000$)4,277,000$2,138,000$(264,681$)(219,717$)371,280$1,312,319$818,584$376,983$353,161$
Net Income(4,085,000$)(271,000$)(1,265,000$)(3,049,000$)13,000$501,000$(2,142,000$)(3,155,000$)(1,844,000$)(436,000$)(1,113,000$)(1,903,000$)(3,649,000$)(4,723,000$)(2,298,000$)(201,000$)(4,731,000$)48,000$567,000$71,000$4,226$(757,117$)223,441$(318,802$)(591,263$)(409,903$)(349,129$)592,880$1,682,802$1,781,319$362,479$576,210$
Profit Margin(320.90%)(10.01%)(73.42%)(116.29%).27%10.75%(120.68%)(87.52%)(96.49%)(7.80%)(26.56%)(57.84%)(143.49%)(188.84%)(204.09%)(7.03%)(538.23%).69%6.14%.92%.05%(14.96%)3.84%(6.54%)(14.86%)(13.53%)(14.30%)11.94%23.13%23.88%7.75%17.01%
TTM(104.13%)(38.21%)(27.30%)(33.48%)(31.99%)(55.56%)(58.84%)(42.82%)(132.91%)(120.39%)(162.27%)(60.84%)(21.68%)(16.31%)2.14%(.38%)(1.70%)(3.53%)(7.32%)(6.20%)(11.65%)(5.25%)8.56%16.74%18.13%19.31%
Earnings to Minority
Earnings to Common Shareholders(4,085,000$)(271,000$)(1,265,000$)(3,049,000$)13,000$501,000$(2,142,000$)(3,155,000$)(1,844,000$)(436,000$)(1,113,000$)(1,903,000$)(3,649,000$)(4,723,000$)(2,298,000$)(201,000$)(4,731,000$)48,000$567,000$71,000$4,226$(757,117$)223,441$(318,802$)(591,263$)(409,903$)(349,129$)592,880$1,682,802$1,781,319$362,479$576,210$
QoQ%(1,407.38%)78.58%58.51%(23,553.85%)(97.41%)123.39%32.11%(71.10%)(322.94%)60.83%47.85%22.74%(105.53%)(1,043.28%)95.75%(9,956.25%)(91.53%)698.59%1,580.08%100.56%(438.84%)170.09%46.08%(44.25%)(17.41%)(158.89%)(64.77%)(5.53%)391.43%(37.09%)
YoY%(31,523.08%)(154.09%)40.94%3.36%100.71%214.91%(92.45%)(846.77%)22.87%(9,939.58%)(505.29%)(383.10%)(112,049.83%)106.34%153.76%122.27%100.72%(84.71%)164.00%(153.77%)(135.14%)(123.01%)(196.32%)2.89%
Earnings Per Share, Basic(1.63$)(0.11$)(0.50$)(1.22$)0.01$0.20$(0.85$)0.10$(0.14$)(0.03$)(0.09$)(0.15$)(0.31$)(0.42$)(0.23$)(0.02$)(0.47$)0.00$0.06$0.01$0.00$(0.07$)0.02$(0.03$)(0.06$)(0.04$)(0.03$)0.06$0.21$0.24$0.05$0.08$
Earnings Per Share, Diluted(1.63$)(0.11$)(0.50$)(1.22$)0.01$0.20$(0.85$)0.10$(0.14$)(0.03$)(0.09$)(0.15$)(0.31$)(0.42$)(0.23$)(0.02$)(0.47$)0.00$0.06$0.01$0.00$(0.07$)0.02$(0.03$)(0.06$)(0.04$)(0.03$)0.06$0.21$0.24$0.05$0.08$
Unlevered FCF Per Share, Basic0.16$(0.16$)(0.23$)(0.05$)(0.24$)0.47$(0.39$)0.01$(0.02$)(0.13$)(0.09$)(0.27$)(0.03$)(0.22$)(0.18$)(0.18$)(0.07$)(0.17$)0.19$(0.20$)(0.48$)(0.11$)0.00$(0.24$)(0.05$)(0.26$)0.15$0.08$
Unlevered FCF Per Share, Diluted0.16$(0.16$)(0.23$)(0.05$)(0.24$)0.47$(0.39$)0.01$(0.02$)(0.13$)(0.09$)(0.27$)(0.03$)(0.22$)(0.18$)(0.18$)(0.07$)(0.17$)0.19$(0.20$)(0.48$)(0.11$)0.00$(0.24$)(0.05$)(0.26$)0.15$0.08$
Average Shares, Basic2,511,5322,511,1032,510,6692,509,0062,508,8022,508,8022,508,802-31,253,45012,949,55012,949,55012,949,55012,513,62511,700,40611,315,98410,125,68110,125,68110,073,25010,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,1588,112,0717,380,1457,383,1507,383,150
Average Shares, Diluted2,511,5322,511,1032,510,6692,509,0062,508,8022,508,8022,508,802-31,253,45012,949,55012,949,55012,949,55012,513,62511,700,40611,315,98410,125,68110,125,68110,073,25010,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,1588,112,0717,380,1457,383,1507,383,150
EBIT(4,085,000$)(271,000$)(1,265,000$)(3,049,000$)13,000$501,000$(1,979,000$)(3,155,000$)(1,844,000$)(436,000$)(1,035,000$)(1,887,000$)(3,635,000$)(4,712,000$)(2,284,000$)(2,318,000$)(4,662,000$)62,000$577,000$82,000$(198,785$)(754,340$)225,835$(315,792$)(474,979$)(670,121$)(563,429$)968,936$3,011,245$2,632,538$779,249$953,375$
EBITDA(4,068,000$)(254,000$)(1,248,000$)(3,028,000$)38,000$556,000$(1,913,000$)(3,077,000$)(1,762,000$)(326,000$)(919,000$)(1,736,000$)(3,482,000$)(4,556,000$)(2,127,000$)(2,161,000$)(4,493,000$)226,000$729,000$225,000$(82,928$)(639,561$)304,433$(239,442$)(405,107$)(604,442$)(502,523$)1,028,110$3,065,092$2,689,968$834,915$994,289$