Polar Power, Inc.
POLA Nasdaq· Miscellaneous Electrical Machinery, Equipment & Supplies
Last close · Oct 26, 2026
$0.65
KIRA · Stoqly’s AI analyst, in plain words
- Polar Power, Inc. had $6.3M of revenue in fiscal 2025, down 54.9% on the year before. Over five years, revenue changed −6.9% a year on average.
- Its operating margin was −133.6%, down 102.3 pts: of every 100 in sales, about −134 is left after running the business.
- Polar Power, Inc. lost $9.1M in fiscal 2025.
Market cap
$2.4M
P/E
—
Revenue
$6.3M
Net income
−$9.1M
Free cash flow
—
Operating margin
−133.6%
Polar Power, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−54.9%
No. Sales fell 54.9% last year.
Does it make a profit?
−144.9%
No. It lost money last year.
How healthy are the accounts?
1 / 8
Weak. It passes 1 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Polar Power, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Apr 15, 2026
- Legal name
- Polar Power, Inc.
- CIK
- 0001622345
Polar Power, Inc. · POLA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $16.9M | $16.1M | $15.3M | $14.0M | $6.3M |
| Revenue growth | 87.1% | −5.0% | −4.8% | −8.7% | −54.9% |
| Gross margin | 20.4% | 13.2% | 4.5% | 9.4% | −50.1% |
| Operating margin | −18.3% | −34.5% | −39.2% | −31.3% | −133.6% |
| Net income | −$1.4M | −$5.6M | −$6.5M | −$4.7M | −$9.1M |
| Net margin | −8.4% | −34.8% | −42.8% | −33.5% | −144.9% |
| Diluted EPS | −$0.11 | −$0.43 | −$3.45 | −$1.86 | −$3.59 |
| Cash | |||||
| Cash from operations | −$9.4M | −$6.5M | −$3.4M | −$0.5M | −$1.1M |
| Capital expenditure | $0.1M | $0.0M | $0.2M | $0.0M | — |
| Free cash flow | −$9.5M | −$6.5M | −$3.6M | −$0.6M | — |
| FCF margin | −55.9% | −40.7% | −23.7% | −4.0% | — |
| Share count change | 17.6% | 1.2% | −85.3% | 32.1% | 1.3% |
| Debt and strength | |||||
| Cash and short-term investments | $5.1M | $0.2M | $0.5M | $0.5M | $0.2M |
| Debt incl. finance leases | $0.5M | $0.3M | $0.1M | — | — |
| Deposits | $0.9M | $2.1M | $1.6M | $0.6M | $0.8M |
| Shareholders' equity | $23.3M | $18.2M | $13.2M | $8.5M | $0.1M |
| Current ratio | 7.4x | 3.9x | 2.2x | 1.8x | 1.0x |
| Interest coverage | −51.6x | −95.4x | −10.7x | −6.7x | −11.7x |
| Returns and quality | |||||
| Return on capital | −13.1% | −24.0% | −37.2% | — | — |
| Return on equity | −8.1% | −27.0% | −41.7% | −43.1% | −211.0% |
| Return on tangible equity | −6.1% | −30.7% | −49.6% | −54.9% | −6,342.4% |
| Piotroski F-score | 5 | 2 | 3 | 3 | 1 |
| Altman Z'' | 9.1 | 3.8 | −0.7 | −3.7 | −17.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Polar Power, Inc. · POLA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.65 a share, the company is worth $2.4M.
Source: SEC EDGAR XBRL filings (CIK 0001622345). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.