Polar Power (POLA) Current Leases (2019 - 2026)
Polar Power's (POLA) 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 (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.
- On a quarterly basis, Current Leases fell 85.29% year-over-year to $197000.0 in Q1 2026; TTM through Mar 2026 was $197000.0, a 85.29% decrease from a year earlier, with the FY2025 full-year figure at $475000.0, down 65.63% from the prior year.
- Current Leases declined to $197000.0 in Q1 2026 per POLA's latest filing, from $475000.0 in the prior quarter.
- Across five years, Current Leases topped out at $1.4 million in Q4 2024 and bottomed at $197000.0 in Q1 2026.
- The 5-year median for Current Leases is $942500.0 (2023), against an average of $875875.0.
- Across the five-year window, Current Leases jumped 319.4% in 2023 and slumped 85.29% in 2026, its largest moves.
- Year by year, Current Leases stood at $268000.0 in 2022, then soared by 319.4% to $1.1 million in 2023, then increased by 22.95% to $1.4 million in 2024, then sank by 65.63% to $475000.0 in 2025, then slumped by 58.53% to $197000.0 in 2026.
- Per Business Quant, the three latest POLA Current Leases figures stand at $197000.0 (Q1 2026), $475000.0 (Q4 2025), and $840000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 21.93 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | - |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | - |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 15.70 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 27.00 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 880,000.00 |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 998,000.00 |
| 10 | Polar Power | 5.46 Mn | 5.44 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 |