Polar Power (POLA) Interest Expenses (2018 - 2026)

Polar Power (POLA) recorded quarterly Interest Expenses of $202000.0 in Q1 2026, up 14.12% quarter-over-quarter from $177000.0 in Q4 2025, and up 23.17% on a YoY basis from $164000.0 in Q1 2025.

Polar Power (POLA) Interest Expenses (2018 - 2026) Analysis & Trends

Polar Power's Interest Expenses history runs 9 years deep, the most recent figure standing at $202000.0 for Q1 2026.

  • In Q1 2026, Interest Expenses rose 23.17% year-over-year to $202000.0; the TTM figure through Mar 2026 stood at $758000.0 (up 16.8% YoY), while the FY2025 annual figure was $720000.0, up 10.94% from the prior year.
  • Interest Expenses was $202000.0 for Q1 2026 at Polar Power, up from $177000.0 in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $208000.0 in Q3 2025 to a low of $12000.0 in Q3 2022.
  • Historically, Interest Expenses has averaged $128647.1 across 5 years, with a median of $163000.0 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Interest Expenses slipped 18.75% in 2022, then soared 1325.0% in 2023.
  • A 5-year view of Interest Expenses shows it stood at $19000.0 in 2022, then surged by 868.42% to $184000.0 in 2023, then dropped by 16.85% to $153000.0 in 2024, then grew by 15.69% to $177000.0 in 2025, then grew by 14.12% to $202000.0 in 2026.
  • The last three Interest Expenses figures came in at $202000.0 (Q1 2026), $177000.0 (Q4 2025), and $208000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn -4.40 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 8.60 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 1.30 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 4.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn -
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 451,000.00
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -
10 Polar Power 6.05 Mn 6.02 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 177,000.00
Dec 31, 2025 177,000.00
Sep 30, 2025 208,000.00
Sep 30, 2025 208,000.00
Jun 30, 2025 171,000.00
Jun 30, 2025 171,000.00
Mar 31, 2025 164,000.00
Mar 31, 2025 164,000.00
Dec 31, 2024 153,000.00
Dec 31, 2024 153,000.00
Sep 30, 2024 153,000.00
Sep 30, 2024 153,000.00
Jun 30, 2024 179,000.00
Jun 30, 2024 179,000.00
Mar 31, 2024 163,000.00
Mar 31, 2024 163,000.00
Dec 31, 2023 184,000.00
Dec 31, 2023 184,000.00