Polar Power (POLA) Current Assets (2017 - 2026)
Polar Power (POLA) recorded quarterly Current Assets of $11.2 million in Q1 2026, up 11.29% quarter-over-quarter from $10.0 million in Q4 2025, and down 25.4% on a YoY basis from $15.0 million in Q1 2025.
Polar Power (POLA) Current Assets (2017 - 2026) Analysis & Trends
Polar Power's Current Assets history runs 10 years deep, the most recent figure standing at $11.2 million for Q1 2026.
- In Q1 2026, Current Assets fell 25.4% year-over-year to $11.2 million; the TTM figure through Mar 2026 stood at $11.2 million (down 25.4% YoY), while the FY2025 annual figure was $10.0 million, down 35.69% from the prior year.
- Current Assets was $11.2 million for Q1 2026 at Polar Power, up from $10.0 million in the prior quarter.
- In the past five years, Current Assets ranged from a high of $25.8 million in Q2 2022 to a low of $10.0 million in Q4 2025.
- Historically, Current Assets has averaged $19.3 million across 5 years, with a median of $20.3 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Current Assets advanced 1.82% in 2023, then plunged 36.6% in 2025.
- A 5-year view of Current Assets shows it stood at $23.3 million in 2022, then fell by 5.7% to $22.0 million in 2023, then declined by 29.07% to $15.6 million in 2024, then slumped by 35.69% to $10.0 million in 2025, then advanced by 11.29% to $11.2 million in 2026.
- The last three Current Assets figures came in at $11.2 million (Q1 2026), $10.0 million (Q4 2025), and $11.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 89.16 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 7.98 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 3.95 Bn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 1.79 Bn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 2.80 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 1.59 Bn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 1.01 Bn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 601.43 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 1.51 Bn |
| 10 | Polar Power | 6.05 Mn | 6.02 Mn | 1.14 Mn | 11.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.16 Mn |
| Dec 31, 2025 | 10.03 Mn |
| Sep 30, 2025 | 11.82 Mn |
| Jun 30, 2025 | 15.24 Mn |
| Mar 31, 2025 | 14.96 Mn |
| Dec 31, 2024 | 15.60 Mn |
| Sep 30, 2024 | 18.65 Mn |
| Jun 30, 2024 | 19.59 Mn |
| Mar 31, 2024 | 20.95 Mn |
| Dec 31, 2023 | 21.99 Mn |
| Sep 30, 2023 | 24.76 Mn |
| Jun 30, 2023 | 25.54 Mn |
| Dec 31, 2022 | 23.32 Mn |
| Sep 30, 2022 | 24.32 Mn |
| Jun 30, 2022 | 25.81 Mn |
| Mar 31, 2022 | 24.34 Mn |
| Dec 31, 2021 | 25.15 Mn |
| Sep 30, 2021 | 24.73 Mn |
| Jun 30, 2021 | 25.66 Mn |
| Mar 31, 2021 | 25.76 Mn |