Polar Power (POLA) Net Income (2018 - 2026)
Polar Power (POLA) recorded quarterly Net Income of -$178000.0 in Q1 2026, up 94.93% quarter-over-quarter from -$3.5 million in Q4 2025, and up 85.93% on a YoY basis from -$95735.5 in Q1 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 85.93% year-over-year to -$178000.0; the TTM figure through Mar 2026 stood at -$8.1 million (down 105.17% YoY), while the FY2025 annual figure was -$9.1 million, down 90.36% from the prior year.
- Net Income was -$178000.0 for Q1 2026 at Polar Power, up from -$3.5 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $501000.0 in Q2 2024 to a low of -$4.1 million in Q3 2025.
- Historically, Net Income has averaged -$1.5 million across 5 years, with a median of -$1.3 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Income surged 214.91% in 2024, then sank 31523.08% in 2025.
- A 5-year view of Net Income shows it stood at -$1.3 million in 2022, then slumped by 134.82% to -$3.2 million in 2023, then fell by 0.6% to -$3.2 million in 2024, then decreased by 10.58% to -$3.5 million in 2025, then soared by 94.93% to -$178000.0 in 2026.
- The last three Net Income figures came in at -$178000.0 (Q1 2026), -$3.5 million (Q4 2025), and -$4.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 390.10 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 73.70 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 2.00 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 183.00 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | -500,000.00 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 45.89 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -17.53 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 96.80 Mn |
| 10 | Polar Power | 6.05 Mn | 6.02 Mn | 1.14 Mn | -178,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -178,000.00 |
| Dec 31, 2025 | -3.51 Mn |
| Sep 30, 2025 | -4.09 Mn |
| Jun 30, 2025 | -281,000.00 |
| Mar 31, 2025 | -1.27 Mn |
| Dec 31, 2024 | -3.18 Mn |
| Sep 30, 2024 | 13,000.00 |
| Jun 30, 2024 | 501,000.00 |
| Mar 31, 2024 | -2.14 Mn |
| Dec 31, 2023 | -3.16 Mn |
| Sep 30, 2023 | -1.84 Mn |
| Jun 30, 2023 | -436,000.00 |
| Mar 31, 2023 | -1.11 Mn |
| Dec 31, 2022 | -1.34 Mn |
| Sep 30, 2022 | -2.39 Mn |
| Jun 30, 2022 | -739,000.00 |
| Mar 31, 2022 | -1.12 Mn |
| Dec 31, 2021 | 413,000.00 |
| Sep 30, 2021 | 942,000.00 |
| Jun 30, 2021 | -866,000.00 |