Polar Power (POLA) Current Leases (2019 - 2026)
Polar Power (POLA) posted quarterly Current Leases of $197000.0 for Q1 2026, down 85.29% year-over-year from $1.3 million in Q1 2025, and down 58.53% quarter-over-quarter from $475000.0 in Q4 2025.
Polar Power (POLA) Current Leases (2019 - 2026) Analysis & Trends
Polar Power's Current Leases history runs 8 years deep, the most recent figure standing at $197000.0 for Q1 2026.
- In Q1 2026, Current Leases fell 85.29% year-over-year to $197000.0; the TTM figure through Mar 2026 stood at $197000.0 (down 85.29% YoY), while the FY2025 annual figure 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.
- The 5-year median for Current Leases is $942500.0 (2023), against an average of $875875.0.
- The sharpest annual moves came in 2023 and 2026: Current Leases jumped 319.4% in 2023, then sank 85.29% in 2026.
- Polar Power's Current Leases stood at $268000.0 in 2022, then surged by 319.4% to $1.1 million in 2023, then grew 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.
- Business Quant data shows POLA's Current Leases at $197000.0 in Q1 2026, $475000.0 in Q4 2025, and $840000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | - |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 62.03 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | - |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 15.40 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 27.00 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 947,000.00 |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | - |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | - |
| 10 | Polar Power | 5.64 Mn | 5.45 Mn | -337,000.00 | 76,000.00 |
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 |