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
Close Price of Common Stock2.50$3.28$1.71$2.41$3.07$0.47$0.40$0.56$0.40$1.08$1.27$1.24$1.33$2.60$2.63$3.21$3.61$5.51$9.40$13.76$4.80$3.17$4.92$1.12$2.38$3.22$4.00$4.79$4.64$5.16$5.96$4.76$4.99$4.71$
Market Cap of Common Stock6,646,690$8,237,825$4,294,720$6,052,792$53,914,149$8,174,930$7,042,206$41,050,132$46,165,413$70,462,999$120,209,108$175,965,673$55,923,269$36,004,030$49,818,351$11,360,337$24,140,716$32,610,253$40,572,632$48,585,727$47,064,253$52,287,979$60,453,222$48,281,432$50,563,643$47,774,274$
QoQ%(19.32%)91.81%(29.05%)(88.77%)559.51%16.09%(11.08%)(34.48%)(41.38%)(31.69%)214.66%55.33%(27.73%)338.53%(52.94%)(25.97%)(19.63%)(16.49%)3.23%(9.99%)(13.51%)25.21%(4.51%)5.84%
YoY%(87.67%).77%(39.02%)(76.67%)(17.45%)95.71%141.30%1,448.95%131.66%10.41%22.79%(76.62%)(48.71%)(37.63%)(32.89%).63%(6.92%)9.45%
Common Shares Outstanding2,658,6762,511,5322,511,5322,511,5322,508,85317,561,61217,561,61217,561,6122,508,85312,967,02712,967,02712,967,02712,949,55012,805,68012,788,20312,788,20311,750,68111,650,68110,125,68110,143,15810,125,68110,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,15810,143,1587,380,1457,383,1507,383,150
QoQ%5.86%.00%.00%.11%(85.71%).00%.00%599.99%(80.65%).00%.00%.14%.00%8.83%.86%15.06%(.17%).17%(.17%).00%.00%.00%.00%.00%.00%.00%.00%.00%.00%.00%37.44%(.04%).00%
YoY%5.97%(85.70%)(85.70%)(85.70%).00%35.43%35.43%35.43%(80.63%)1.12%8.98%26.30%26.08%16.05%14.86%(.17%).00%(.17%).00%.00%.00%.00%.00%.00%.00%.00%37.44%37.38%37.38%
Price to Sales.80x.99x.36x.43x3.86x.55x.59x4.88x7.45x12.71x18.60x6.19x4.89x4.22x.57x.97x1.01x1.34x1.80x1.96x2.65x3.42x3.37x3.51x2.70x
Price to Earnings----------------47.25x-------31.50x
Price to Book2.29x2.84x.61x.83x6.33x.71x.61x1.77x1.99x3.10x5.28x7.73x4.87x2.43x3.14x.63x1.31x1.40x1.75x2.16x2.10x2.35x2.64x2.14x2.21x2.03x
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%
TTM8,326,000$11,967,000$13,919,000$13,971,000$14,954,000$11,951,000$12,878,000$15,293,000$9,460,000$9,030,000$7,366,000$11,804,318$19,914,866$24,801,866$32,220,375$30,342,215$26,921,442$24,046,354$19,728,810$17,697,678$14,323,656$14,418,725$17,715,023$22,143,946$24,380,732$22,801,494$
TTM_QoQ%(30.43%)(14.02%)(.37%)(6.57%)25.13%(7.20%)(15.79%)4.76%22.59%(37.60%)(40.73%)(19.70%)(23.02%)6.19%12.71%11.96%21.88%11.48%23.56%(.66%)(18.61%)(20.00%)(9.17%)6.93%
TTM_YoY%(44.32%).13%8.08%(8.64%)(52.50%)(63.59%)(77.14%)(61.10%)(26.03%)3.14%63.32%71.45%87.95%66.77%11.37%(20.08%)(41.25%)(36.76%)
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%
QoQ(211.88%)15.77%77.31%(87.71%)(10.34%)61.96%16.94%(33.93%)(32.05%)8.38%78.97%27.19%(44.77%)(57.55%)297.82%(335.58%).10%1.19%2.49%(1.85%)(5.22%)5.01%(.90%)4.00%(4.08%)(7.15%)(14.97%)8.04%14.51%(11.44%)
YoY(206.51%)(4.97%)41.22%(19.15%)34.63%12.91%(40.67%)3.83%222.68%(140.08%)(95.21%)(36.47%)(331.80%)1.93%(3.39%).42%(2.96%)2.88%4.02%(8.14%)(22.21%)(18.17%).43%(3.86%)
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$952,146$
QoQ%(3,424.55%)90.01%61.98%(7,340.00%)(91.30%)123.24%33.41%(77.65%)(439.68%)70.05%47.79%22.87%(105.36%)1.08%50.39%(10,974.42%)(92.50%)625.32%132.14%67.83%(420.64%)172.79%33.84%28.16%(17.71%)(160.53%)(68.24%)15.55%239.94%(18.63%)
YoY%(9,792.50%)(123.91%)44.37%2.56%102.39%248.39%(91.21%)18.19%22.26%(11,060.47%)(500.52%)(3,036.71%)(1,802.55%)105.63%140.49%124.14%50.32%(10.94%)140.73%(133.87%)(116.26%)(126.15%)(175.51%)1.51%
TTM(7,984,000$)(4,067,000$)(3,497,000$)(4,375,000$)(4,451,000$)(6,164,000$)(6,934,000$)(5,990,000$)(12,541,000$)(12,963,000$)(14,004,000$)(9,248,000$)(6,380,000$)(3,981,000$)449,225$(357,731$)(692,471$)(1,098,788$)(1,347,753$)(1,272,449$)(2,095,750$)(801,959$)2,736,115$6,058,449$7,418,251$7,403,923$
TTM_QoQ%(96.31%)(16.30%)20.07%1.71%27.79%11.11%(15.76%)3.26%7.43%(51.43%)(44.95%)(60.26%)(986.19%)225.58%48.34%36.98%18.47%(5.92%)39.28%(161.33%)(129.31%)(54.84%)(18.33%).19%
TTM_YoY%(79.38%)34.02%49.57%26.96%(96.57%)(225.62%)(3,217.37%)(2,485.18%)(821.34%)(262.31%)133.33%71.89%66.96%(37.01%)(149.26%)(121.00%)(128.25%)(110.83%)
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%
QoQ(300.49%)59.84%46.55%(111.26%)(9.06%)121.36%(29.05%)5.11%(82.00%)19.15%85.25%45.50%15.37%(122.70%)450.85%(532.59%)(5.58%)5.18%3.98%12.13%(19.19%)10.82%5.71%10.30%1.23%(43.42%)(22.37%)6.52%18.75%(11.55%)
YoY(305.37%)(13.93%)47.59%(28.01%)88.36%15.42%(86.79%)23.43%389.03%(189.07%)(210.02%)(82.14%)(529.01%)15.71%2.11%7.74%9.47%7.63%28.06%(26.18%)(54.26%)(58.04%)(40.52%)(8.65%)
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$576,210$
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%
TTM(8,670,000$)(4,572,000$)(3,800,000$)(4,677,000$)(4,783,000$)(6,640,000$)(7,577,000$)(6,548,000$)(12,573,000$)(10,871,000$)(11,953,000$)(7,182,000$)(4,317,000$)(4,045,000$)690,226$(114,891$)(458,450$)(848,252$)(1,443,741$)(1,096,527$)(1,669,097$)(757,415$)1,516,650$3,707,872$4,419,480$4,402,810$
TTM_QoQ%(89.63%)(20.32%)18.75%2.22%27.97%12.37%(15.72%)(15.66%)9.05%(66.43%)(66.37%)(6.72%)(686.04%)700.77%74.94%45.95%41.25%(31.67%)34.30%(120.37%)(149.94%)(59.10%)(16.10%).38%
TTM_YoY%(81.27%)31.15%49.85%28.57%(191.24%)(168.75%)(1,831.75%)(6,151.14%)(841.65%)(376.86%)147.81%89.52%72.53%(11.99%)(195.19%)(129.57%)(137.77%)(117.20%)
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%
QoQ(310.89%)63.41%42.87%(116.55%)(10.49%)131.43%(33.16%)8.98%(88.69%)18.76%85.65%45.35%15.24%(197.06%)531.20%(538.92%)(5.45%)5.22%.87%15.01%(18.80%)10.39%8.31%(1.33%).77%(26.23%)(11.19%)(.76%)16.13%(9.26%)
YoY(321.16%)(20.76%)47.26%(28.77%)96.76%18.56%(94.11%)(50.81%)394.73%(189.54%)(210.22%)(7.94%)(538.28%)15.65%2.30%7.46%14.91%(1.43%)18.14%(18.48%)(37.98%)(37.41%)(22.05%)(5.07%)
Equity to Common Shareholders2,899,000$6,984,000$7,255,000$8,512,000$11,561,000$11,548,000$11,047,000$13,189,000$14,788,000$16,632,000$17,068,000$18,182,000$23,250,000$22,761,000$11,491,000$14,826,000$15,877,000$18,175,000$18,376,000$23,304,000$23,177,000$22,531,000$22,382,000$22,282,371$22,935,824$22,608,719$22,902,802$23,485,825$23,895,729$24,244,858$23,651,978$
QoQ(4,085,000$)(271,000$)(1,257,000$)(3,049,000$)13,000$501,000$(2,142,000$)(1,599,000$)(1,844,000$)(436,000$)(1,113,000$)11,270,000$(3,335,000$)(1,051,000$)(2,298,000$)(201,000$)(4,928,000$)127,000$646,000$149,000$99,629$(653,453$)327,105$(294,083$)(583,023$)(409,904$)(349,129$)592,880$
QoQ%(58.49%)(3.74%)(14.77%)(26.37%).11%4.54%(16.24%)(10.81%)(11.09%)(2.55%)(6.12%)98.08%(22.49%)(6.62%)(12.64%)(1.09%)(21.15%).55%2.87%.67%.45%(2.85%)1.45%(1.28%)(2.48%)(1.72%)(1.44%)2.51%
YoY(8,662,000$)(4,564,000$)(3,792,000$)(4,677,000$)(3,227,000$)(5,084,000$)(6,021,000$)(4,992,000$)(5,068,000$)11,759,000$4,586,000$(6,885,000$)(8,478,000$)(7,300,000$)(4,356,000$)(4,006,000$)1,021,629$241,176$(77,719$)(520,802$)(1,203,454$)(959,905$)(1,636,139$)(749,176$)
YoY%(74.92%)(39.52%)(34.33%)(35.46%)(21.82%)(30.57%)(35.28%)(27.46%)(21.80%)102.33%25.23%(37.47%)(36.38%)(31.50%)(19.33%)(17.90%)4.59%1.05%(.34%)(2.27%)(5.12%)(4.02%)(6.75%)(3.17%)
Dividends Paid
Additional Paid-In Capital QoQ0$0$10,000$0$0$0$0$13,173,000$313,000$3,673,000$
Treasury Stock40,000$40,000$40,000$40,000$40,000$40,000$40,000$40,000$
QoQ0$0$0$0$0$
Goodwill
QoQ%
YoY%
Other Intangible Assets
QoQ
Amortization of Intangible Assets
Total Assets12,346,000$16,546,000$16,592,000$17,546,000$20,916,000$22,180,000$23,862,000$25,259,000$24,188,000$28,598,000$17,799,000$21,384,000$22,513,000$23,266,000$23,563,000$28,928,896$29,561,174$29,261,099$25,240,106$24,775,394$24,980,978$23,993,275$24,524,040$24,648,493$24,809,908$27,959,360$26,629,283$
QoQ(4,200,000$)(46,000$)(954,000$)(3,370,000$)(1,264,000$)(1,682,000$)(1,397,000$)10,799,000$(3,585,000$)(1,129,000$)(753,000$)(297,000$)(5,365,896$)(632,278$)300,075$4,020,993$464,712$(205,584$)987,703$(530,765$)(124,453$)(161,415$)(3,149,452$)1,330,077$
YoY(8,570,000$)(5,634,000$)(7,270,000$)(7,713,000$)1,071,000$5,332,000$(5,764,000$)(7,544,896$)(7,048,174$)(5,995,099$)(1,677,106$)4,153,502$4,580,196$5,267,824$716,066$126,901$171,070$(3,966,085$)(2,105,243$)
Total Liabilities9,447,000$9,562,000$9,337,000$9,034,000$9,355,000$10,632,000$12,815,000$12,070,000$6,007,000$5,837,000$6,308,000$6,558,000$6,636,000$5,091,000$5,187,000$5,624,312$6,383,775$6,729,431$2,858,085$2,493,023$2,045,154$1,384,556$1,621,238$1,162,668$914,179$3,714,502$2,977,305$
QoQ(115,000$)225,000$303,000$(321,000$)(1,277,000$)(2,183,000$)745,000$(471,000$)(250,000$)(78,000$)1,545,000$(96,000$)(437,312$)(759,463$)(345,656$)3,871,346$365,062$447,869$660,598$(236,682$)458,570$248,489$(2,800,323$)737,197$
YoY92,000$(1,070,000$)(3,478,000$)(3,036,000$)6,063,000$746,000$1,121,000$933,688$252,225$(1,638,431$)2,328,915$3,131,289$4,338,621$5,344,875$1,236,847$1,330,355$1,130,975$(2,329,946$)(1,356,067$)
Current Ratio1.25x1.61x1.64x1.82x2.19x2.08x1.86x2.15x3.92x5.72x3.24x5.55x6.11x6.41x6.98x8.23x6.96x6.55x11.91x12.41x16.48x18.09x15.80x23.43x32.46x7.68x9.37x
Total Current Assets11,822,000$15,241,000$14,963,000$15,597,000$18,647,000$19,592,000$20,946,000$21,989,000$23,317,000$25,755,000$14,645,000$17,276,000$18,109,000$18,549,000$19,182,000$24,253,332$24,858,483$24,353,775$23,023,348$23,237,595$23,396,077$23,101,990$23,612,468$23,623,694$23,749,146$26,934,901$25,664,264$
QoQ(3,419,000$)278,000$(634,000$)(3,050,000$)(945,000$)(1,354,000$)(1,043,000$)11,110,000$(2,631,000$)(833,000$)(440,000$)(633,000$)(5,071,332$)(605,151$)504,708$1,330,427$(214,247$)(158,482$)294,087$(510,478$)(11,226$)(125,452$)(3,185,755$)1,270,637$
Total Current Liabilities9,447,000$9,486,000$9,140,000$8,560,000$8,515,000$9,439,000$11,278,000$10,214,000$5,950,000$4,500,000$4,522,000$3,112,000$2,963,000$2,896,000$2,749,000$2,946,402$3,573,438$3,715,770$1,933,546$1,871,910$1,419,747$1,277,218$1,494,420$1,008,462$731,727$3,505,249$2,739,874$
QoQ(39,000$)346,000$580,000$45,000$(924,000$)(1,839,000$)1,064,000$(22,000$)1,410,000$149,000$67,000$147,000$(197,402$)(627,036$)(142,332$)1,782,224$61,636$452,163$142,529$(217,202$)485,958$276,735$(2,773,522$)765,375$
Debt to Asset Ratio.77x.58x.56x.51x.45x.48x.54x.48x.25x.20x.35x.31x.29x.22x.22x.19x.22x.23x.11x.10x.08x.06x.07x.05x.04x.13x.11x
Long Term Debt64,000$777,000$1,106,089$1,207,927$237,055$
QoQ
YoY(329,089$)(101,838$)970,872$
Capital Lease Obligations840,000$1,192,000$1,536,000$1,856,000$2,162,000$2,453,000$2,734,000$2,980,000$3,207,000$2,244,000$268,000$1,497,000$1,660,000$1,819,000$1,976,000$2,130,000$2,278,000$2,408,623$2,537,585$2,676,000$
Cash and Cash Equivalents4,000$175,000$68,000$498,000$498,000$1,119,000$212,000$549,000$211,000$11,358,000$1,646,000$2,071,000$727,000$899,000$2,840,000$3,666,475$5,430,916$3,534,000$5,640,000$10,607,455$11,714,036$11,711,172$14,201,163$14,779,028$15,051,845$17,750,733$16,242,158$130,860$200,859$232,870$
QoQ(171,000$)107,000$(430,000$)0$(621,000$)907,000$(337,000$)9,712,000$(425,000$)1,344,000$(172,000$)(1,941,000$)(826,475$)(1,764,441$)1,896,916$(2,106,000$)(4,967,455$)(1,106,581$)2,864$(2,489,991$)(577,865$)(272,817$)(2,698,888$)1,508,575$16,111,298$(69,999$)(32,011$)
YoY(494,000$)(944,000$)(144,000$)(51,000$)338,000$10,459,000$(1,194,000$)(1,595,475$)(4,703,916$)(2,635,000$)(2,800,000$)(6,940,980$)(6,283,120$)(8,177,172$)(8,561,163$)(4,171,573$)(3,337,809$)(6,039,561$)(2,040,995$)14,648,168$14,850,986$17,517,863$
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$24,004$
Interest Income