Polar Power (POLA) Current Leases (2019 - 2026)
Polar Power (POLA) recorded quarterly Current Leases of $197000.0 in Q1 2026, down 58.53% quarter-over-quarter from $475000.0 in Q4 2025, and down 85.29% on a YoY basis from $1.3 million in Q1 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 was $197000.0 for Q1 2026 at Polar Power, down from $475000.0 in the prior quarter.
- In the past five years, Current Leases ranged from a high of $1.4 million in Q4 2024 to a low of $197000.0 in Q1 2026.
- Historically, Current Leases has averaged $875875.0 across 5 years, with a median of $942500.0 in 2023.
- The sharpest annual moves came in 2023 and 2026: Current Leases surged 319.4% in 2023, then slumped 85.29% in 2026.
- A 5-year view of Current Leases shows it 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 tumbled by 65.63% to $475000.0 in 2025, then plunged 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 | Novonix | 479.97 Bn | 479.92 Bn | - | 577,803.00 |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 21.93 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | - |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 15.70 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 880,000.00 |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 3.41 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 26.30 Mn |
| 10 | Polar Power | 6.05 Mn | 6.02 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 |