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MARKETS / NASDAQ / POLA
NASDAQ · MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES · SMALL CAP

Polar Power, Inc. POLA

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$6.3M
▼ 54.9% YoY
$-9.1M
In brief

What this company does

We design, manufacture, and sell DC power generators, renewable energy and cooling systems for applications primarily in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine and industrial. We were incorporated in 1979 in the State of Washington as Polar Products, Inc., and in 1991 we reincorporated in the State of California under the name Polar Power, Inc. In December 2016, Polar Power, Inc. reincorporated in the State of Delaware. Our internet website address is https://polarpower.com/. As of April 15, 2026, we had 67 full time employees, which included 63 employees in the U.S. and 4 employees outside the U.S. None of our employees are represented by labor unions.

Written from the business description in Polar Power, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth
USD 6.3M
Revenue, FY2025 · full 10-year series below
Revenue $M Net income $M
FY2025 · Revenue 6.3 · Net income -9.1
10M20M-4M-8M2016201720182019202020212022202320242025
Compound annual growth
−26.8%
−6.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −6.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−145 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -133.6% · Net -144.9%
10%20%30%-50%-100%2016201720182019202020212022202320242025
ROE
FY2025 · ROE -211.0%
-100%-200%2016201720182019202020212022202320242025

Each USD of equity lost 211 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -0.6
-4M-8M2016201720182019202020212022202320242025

Total assetsUSD 10.4M
EquityUSD 144,000.00
CashUSD 200,000.00
DepositsUSD 764,000.00
Current ratio0.97×

Equity funds 1% of total assets.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue $B0.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
Income tax $B·····−0.0·0.0·0.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
Free cash flow $B·−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
EPS, diluted $−3.59−1.86−3.45−0.43−0.11−1.01−0.40−0.08−0.070.58
Dividend / sh $··········
Payout %··········
ROE %−211.0−43.1−41.7−27.0−8.1−72.8−19.8−3.7−3.318.6
Shares out B0.000.000.000.010.010.010.010.010.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 50 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 45 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMiscellaneous Electrical Machinery, Equipment & Supplies
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2016

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