Polar Power, Inc. (POLA)
↓ Download CSV- Sector Manufacturing
- Incorporated DE
- Fiscal year ends Dec 31
In fiscal 2025, Polar Power, Inc. reported revenue of $6.30M, down 54.9% from the prior year. The company ran a net loss, with a net margin of -144.9% and a gross margin of -50.1%. It held $10.44M in total assets against $10.29M in total liabilities.
Key ratios (FY2025)
-50.1%
Gross margin
-133.6%
Operating margin
-144.9%
Net margin
-6342.4%
Return on equity
-54.9%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.30M | $13.97M | $15.29M | $16.06M | $16.90M | $9.03M | $24.80M | — | — | — |
| Cost of Revenue | $9.46M | $12.66M | $14.60M | $13.93M | $13.45M | $14.65M | $19.88M | — | — | — |
| Gross Profit | -$3.16M | $1.31M | $695.0K | $2.12M | $3.44M | -$5.62M | $4.92M | $7.43M | $4.76M | $10.18M |
| Operating Income | -$8.42M | -$4.38M | -$5.99M | -$5.53M | -$3.10M | -$12.96M | -$3.98M | -$1.10M | -$802.0K | $7.40M |
| Net Income | -$9.13M | -$4.68M | -$6.55M | -$5.58M | -$1.41M | -$10.87M | -$4.04M | -$848.3K | -$757.4K | $4.40M |
| EPS (Diluted) | $-3.59 | $-1.86 | $-3.45 | $-0.43 | $-0.11 | — | — | — | — | — |
| Total Assets | $10.44M | $17.55M | $25.26M | $24.19M | $27.18M | $17.80M | $23.56M | $25.24M | $24.52M | $26.63M |
| Total Liabilities | $10.29M | $9.03M | $12.07M | $6.01M | $3.93M | $6.31M | $5.19M | $2.86M | $1.62M | $2.98M |
| Shareholders' Equity | $144.0K | $8.51M | $13.19M | $18.18M | $23.25M | $11.49M | $18.38M | $22.38M | $22.90M | $23.65M |
| Cash & Equivalents | $200.0K | $498.0K | $549.0K | $211.0K | $5.10M | $1.65M | $2.84M | $5.64M | $14.20M | $16.24M |
| Operating Cash Flow | -$1.06M | -$536.0K | -$3.43M | -$6.51M | -$9.38M | -$6.55M | -$2.17M | -$7.85M | -$1.59M | $627.1K |
| Capital Expenditures | — | $19.0K | $194.0K | $25.0K | $71.0K | $19.0K | $338.0K | $575.0K | $342.1K | $165.1K |
| Shares Outstanding | 2.68M | 2.51M | 2.51M | 12.95M | 12.79M | 11.75M | 10.13M | 10.14M | 10.14M | 10.14M |