Stocktoria
Polar Power, Inc. POLA
Nasdaq · stock · Miscellaneous Electrical Machinery, Equipment & Supplies · website · IPO 2016-12-07 · LEI
Polar Power, Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3M | $14.0M | $15.3M | $16.1M | $16.9M | $9.0M | $24.8M | $24.0M | $14.4M | — |
| Gross profit | -$3.2M | $1.3M | $695,000 | $2.1M | $3.4M | -$5.6M | $4.9M | $7.4M | $4.8M | $10.2M |
| R&D expense | $646,000 | $771,000 | $1.2M | $1.5M | $2.0M | $1.7M | $2.3M | $1.9M | $1.3M | $213,931 |
| Operating income | -$8.4M | -$4.4M | -$6.0M | -$5.5M | -$3.1M | -$13.0M | -$4.0M | -$1.1M | -$801,960 | $7.4M |
| Interest expense | — | — | $559,000 | $58,000 | $60,000 | $60,000 | $103,000 | $20,170 | $17,822 | $112,550 |
| Income tax | — | — | — | — | — | -$2.1M | — | $215,000 | — | $2.9M |
| Net income | -$9.1M | -$4.7M | -$6.5M | -$5.6M | -$1.4M | -$10.9M | -$4.0M | -$848,252 | -$757,416 | $4.4M |
| EPS (diluted) | $-3.59 | $-1.86 | $-3.45 | $-0.43 | — | — | — | — | — | — |
| Operating cash flow | -$1.1M | -$536,000 | -$3.4M | -$6.5M | -$9.4M | -$6.5M | -$2.2M | -$7.8M | -$1.6M | $627,056 |
| Free cash flow | — | -$555,000 | -$3.6M | -$6.5M | -$9.5M | -$6.6M | -$2.5M | -$8.4M | -$1.9M | $461,968 |
| Cash & equivalents | $200,000 | $498,000 | $549,000 | $211,000 | $5.1M | $1.6M | $2.8M | $5.6M | $14.2M | $16.2M |
| Inventory | $9.4M | $12.9M | $16.5M | $15.5M | $9.0M | $9.1M | $13.9M | $8.5M | $5.5M | $4.8M |
| Total assets | $10.4M | $17.5M | $25.3M | $24.2M | $27.2M | $17.8M | $23.6M | $25.2M | $24.5M | $26.6M |
| Total liabilities | $10.3M | $9.0M | $12.1M | $6.0M | $3.9M | $6.3M | $5.2M | $2.9M | $1.6M | $3.0M |
| Shareholders' equity | $144,000 | $8.5M | $13.2M | $18.2M | $23.2M | $11.5M | $18.4M | $22.4M | $22.9M | $23.7M |
Growth · year-over-year · Revenue CAGR -9.8%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -54.9% | -8.7% | -4.8% | -5.0% | +87.1% | -63.6% | +3.1% | +66.8% | — | — |
| Net income growth | — | — | — | — | — | — | — | — | -117.2% | — |
| Free cash flow growth | — | — | — | — | — | — | — | — | -517.6% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.