Polar Power (POLA) Net Income (2018 - 2026)
Polar Power (POLA) posted quarterly Net Income of -$178000.0 for Q1 2026, up 86.19% year-over-year from -$95600.8 in Q1 2025, and up 94.33% quarter-over-quarter from -$3.1 million in Q4 2025.
Polar Power (POLA) Net Income (2018 - 2026) Analysis & Trends
Polar Power's Net Income history runs 9 years deep, the most recent figure standing at -$178000.0 for Q1 2026.
- In Q1 2026, Net Income rose 86.19% year-over-year to -$178000.0; the TTM figure through Mar 2026 stood at -$9.4 million (down 84.45% YoY), while the FY2025 annual figure was -$16.2 million, down 30.93% from the prior year.
- Net Income for Q1 2026 stood at -$178000.0, up from -$3.1 million in the prior quarter.
- The five-year high for Net Income was $173000.0 in Q2 2024, with the low at -$4.8 million in Q3 2025.
- The 5-year median for Net Income is -$1.3 million (2025), against an average of -$1.9 million.
- The sharpest annual moves came in 2024 and 2025: Net Income jumped 106.35% in 2024, then sank 1082.09% in 2025.
- Polar Power's Net Income stood at -$1.3 million in 2022, then sank by 134.82% to -$3.2 million in 2023, then declined by 13.66% to -$3.6 million in 2024, then grew by 12.52% to -$3.1 million in 2025, then soared by 94.33% to -$178000.0 in 2026.
- Business Quant data shows POLA's Net Income at -$178000.0 in Q1 2026, -$3.1 million in Q4 2025, and -$4.8 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 497.80 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 198.83 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 242.20 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 215.90 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 54.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 141.00 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 52.16 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 116.45 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -190.10 Mn |
| 10 | Polar Power | 5.54 Mn | 5.36 Mn | -337,000.00 | -2.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -178,000.00 |
| Dec 31, 2025 | -3.14 Mn |
| Sep 30, 2025 | -4.75 Mn |
| Jun 30, 2025 | -1.35 Mn |
| Mar 31, 2025 | -1.29 Mn |
| Dec 31, 2024 | -3.59 Mn |
| Sep 30, 2024 | -402,000.00 |
| Jun 30, 2024 | 173,000.00 |
| Mar 31, 2024 | -2.50 Mn |
| Dec 31, 2023 | -3.16 Mn |
| Sep 30, 2023 | -1.93 Mn |
| Jun 30, 2023 | -2.73 Mn |
| Mar 31, 2023 | -1.24 Mn |
| Dec 31, 2022 | -1.34 Mn |
| Sep 30, 2022 | -2.85 Mn |
| Jun 30, 2022 | -746,000.00 |
| Mar 31, 2022 | -1.14 Mn |
| Dec 31, 2021 | 413,000.00 |
| Sep 30, 2021 | 942,000.00 |
| Jun 30, 2021 | -866,000.00 |