Polar Power (POLA) Current Leases (2019 - 2026)
Polar Power's quarterly Current Leases came in at $197000.0 in Q1 2026, down 85.29% year-on-year from $1.3 million in Q1 2025, and down 58.53% quarter-over-quarter from $475000.0 in Q4 2025.
Polar Power has reported Current Leases for 8 years, with the latest figure at $197000.0 in Q1 2026.
- For the quarter ending Q1 2026, Current Leases fell 85.29% year-over-year to $197000.0; the trailing twelve-month figure through Mar 2026 stood at $197000.0 (down 85.29% YoY), and the FY2025 full-year result was $475000.0, down 65.63% from the prior year.
- Current Leases for Q1 2026 stood at $197000.0, down from $475000.0 in the prior quarter.
- The five-year high for Current Leases was $1.4 million in Q4 2024, with the low at $197000.0 in Q1 2026.
- Average Current Leases over 5 years is $875875.0, with a median of $942500.0 recorded in 2023.
- Year-over-year, Current Leases jumped 319.4% in 2023 and slumped 85.29% in 2026.
- Tracing POLA's Current Leases over 5 years: stood at $268000.0 in 2022, then jumped by 319.4% to $1.1 million in 2023, then rose by 22.95% to $1.4 million in 2024, then slumped by 65.63% to $475000.0 in 2025, then tumbled by 58.53% to $197000.0 in 2026.
- The last three Current Leases figures came in at $197000.0 (Q1 2026), $475000.0 (Q4 2025), and $840000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | - |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 21.93 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | - |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | - |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 15.70 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 880,000.00 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 26.30 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 998,000.00 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 63.18 Mn |
| 10 | Polar Power | 7.16 Mn | 7.14 Mn | 1.14 Mn | 197,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 197,000.00 |
| Dec 31, 2025 | 475,000.00 |
| Sep 30, 2025 | 840,000.00 |
| Jun 30, 2025 | 1.12 Mn |
| Mar 31, 2025 | 1.34 Mn |
| Dec 31, 2024 | 1.38 Mn |
| Sep 30, 2024 | 1.32 Mn |
| Jun 30, 2024 | 1.26 Mn |
| Mar 31, 2024 | 1.20 Mn |
| Dec 31, 2023 | 1.12 Mn |
| Sep 30, 2023 | 1.05 Mn |
| Jun 30, 2023 | 717,000.00 |
| Dec 31, 2022 | 268,000.00 |
| Sep 30, 2022 | 453,000.00 |
| Jun 30, 2022 | 588,000.00 |
| Mar 31, 2022 | 691,000.00 |
| Dec 31, 2021 | 721,000.00 |
| Sep 30, 2021 | 708,000.00 |
| Jun 30, 2021 | 695,000.00 |
| Mar 31, 2021 | 682,000.00 |
| Dec 31, 2020 | 670,000.00 |
| Sep 30, 2020 | 657,000.00 |
| Jun 30, 2020 | 645,000.00 |
| Mar 31, 2020 | 633,000.00 |
| Dec 31, 2019 | 618,000.00 |
| Sep 30, 2019 | 589,696.00 |
| Jun 30, 2019 | 562,126.00 |
| Mar 31, 2019 | 543,000.00 |