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
DateValue
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