Polar Power (POLA) Interest Expenses (2017 - 2026)

Polar Power's (POLA) quarterly Interest Expenses came in at $202000.0 in Q1 2026, up 7.45% year-on-year from $188000.0 in Q1 2025, and up 203.06% quarter-over-quarter from -$196000.0 in Q4 2025.

Polar Power (POLA) Interest Expenses (2017 - 2026) Analysis & Trends

Polar Power's Interest Expenses history runs 10 years deep, the most recent figure standing at $202000.0 for Q1 2026.

  • On a quarterly basis, Interest Expenses rose 7.45% year-over-year to $202000.0 in Q1 2026; TTM through Mar 2026 was $1.1 million, a 41.52% decrease from a year earlier, with the FY2025 full-year figure at $7.8 million, down 5.24% from the prior year.
  • Interest Expenses advanced to $202000.0 in Q1 2026 per POLA's latest filing, from -$196000.0 in the prior quarter.
  • Across five years, Interest Expenses topped out at $2.4 million in Q2 2023 and bottomed at -$196000.0 in Q4 2025.
  • The 5-year median for Interest Expenses is $469000.0 (2022), against an average of $588647.1.
  • Across the five-year window, Interest Expenses surged 11404.76% in 2023 and plunged 134.69% in 2025, its largest moves.
  • Year by year, Interest Expenses stood at $19000.0 in 2022, then soared by 11147.37% to $2.1 million in 2023, then slumped by 73.56% to $565000.0 in 2024, then slumped by 134.69% to -$196000.0 in 2025, then soared by 203.06% to $202000.0 in 2026.
  • Per Business Quant, the three latest POLA Interest Expenses figures stand at $202000.0 (Q1 2026), -$196000.0 (Q4 2025), and $875000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 227,000.00
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 42.80 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 638.56 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 97.70 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 107.80 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 39.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 7.80 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 6.64 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -7.72 Mn
10 Polar Power 5.46 Mn 5.44 Mn 1.14 Mn 202,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 202,000.00
Mar 31, 2026 202,000.00
Dec 31, 2025 -196,000.00
Dec 31, 2025 -196,000.00
Sep 30, 2025 875,000.00
Sep 30, 2025 875,000.00
Jun 30, 2025 1.24 Mn
Jun 30, 2025 1.24 Mn
Mar 31, 2025 188,000.00
Mar 31, 2025 188,000.00
Dec 31, 2024 565,000.00
Dec 31, 2024 565,000.00
Sep 30, 2024 568,000.00
Sep 30, 2024 568,000.00
Jun 30, 2024 507,000.00
Jun 30, 2024 507,000.00
Mar 31, 2024 517,000.00
Mar 31, 2024 517,000.00
Dec 31, 2023 2.14 Mn
Dec 31, 2023 2.14 Mn