Growth Metrics

Polar Power (POLA) Leases (2019 - 2026)

Polar Power's quarterly Leases came in at $172000.0 in Q1 2026, down 87.19% year-on-year from $1.3 million in Q1 2025, and down 38.13% quarter-over-quarter from $278000.0 in Q4 2025.

Polar Power has reported Leases for 8 years, with the latest figure at $172000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Leases fell 87.19% year-over-year to $172000.0; the trailing twelve-month figure through Mar 2026 stood at $172000.0 (down 87.19% YoY), and the FY2025 full-year result was $278000.0, down 83.1% from the prior year.
  • Leases for Q1 2026 stood at $172000.0, down from $278000.0 in the prior quarter.
  • The five-year high for Leases was $3.1 million in Q3 2023, with the low at $172000.0 in Q1 2026.
  • Average Leases over 5 years is $1.4 million, with a median of $1.2 million recorded in 2025.
  • Year-over-year, Leases jumped 1074.17% in 2023 and plunged 87.19% in 2026.
  • Tracing POLA's Leases over 5 years: stood at $240000.0 in 2022, then jumped by 1074.17% to $2.8 million in 2023, then sank by 41.63% to $1.6 million in 2024, then tumbled by 83.1% to $278000.0 in 2025, then tumbled by 38.13% to $172000.0 in 2026.
  • The last three Leases figures came in at $172000.0 (Q1 2026), $278000.0 (Q4 2025), and $380000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 330.80 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 109.40 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 132.80 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn -
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 102.00 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 1.96 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 101.90 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 70.66 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 170.19 Mn
10 Polar Power 7.16 Mn 7.14 Mn 1.14 Mn 172,000.00

Historic Data

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DateValue
Mar 31, 2026 172,000.00
Dec 31, 2025 278,000.00
Sep 30, 2025 380,000.00
Jun 30, 2025 1.04 Mn
Mar 31, 2025 1.34 Mn
Dec 31, 2024 1.65 Mn
Sep 30, 2024 1.94 Mn
Jun 30, 2024 2.24 Mn
Mar 31, 2024 2.53 Mn
Dec 31, 2023 2.82 Mn
Sep 30, 2023 3.10 Mn
Jun 30, 2023 2.18 Mn
Dec 31, 2022 240,000.00
Sep 30, 2022 411,000.00
Jun 30, 2022 580,000.00
Mar 31, 2022 748,000.00
Dec 31, 2021 914,000.00
Sep 30, 2021 1.08 Mn
Jun 30, 2021 1.24 Mn
Mar 31, 2021 1.40 Mn
Dec 31, 2020 1.56 Mn
Sep 30, 2020 1.72 Mn
Jun 30, 2020 1.88 Mn
Mar 31, 2020 2.03 Mn
Dec 31, 2019 2.19 Mn
Sep 30, 2019 2.34 Mn
Jun 30, 2019 2.49 Mn
Mar 31, 2019 2.64 Mn