Polar Power (POLA) Net Income (2018 - 2026)
Polar Power's (POLA) quarterly Net Income came in at -$178000.0 in Q1 2026, up 86.19% year-on-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.
- On a quarterly basis, Net Income rose 86.19% year-over-year to -$178000.0 in Q1 2026; TTM through Mar 2026 was -$9.4 million, a 84.45% decrease from a year earlier, with the FY2025 full-year figure at -$16.2 million, down 30.93% from the prior year.
- Net Income climbed to -$178000.0 in Q1 2026 per POLA's latest filing, from -$3.1 million in the prior quarter.
- Across five years, Net Income topped out at $173000.0 in Q2 2024 and bottomed at -$5.1 million in Q4 2023.
- The 5-year median for Net Income is -$1.3 million (2025), against an average of -$2.0 million.
- Across the five-year window, Net Income jumped 106.35% in 2024 and slumped 1082.09% in 2025, its largest moves.
- Year by year, Net Income stood at -$1.3 million in 2022, then slumped by 280.13% to -$5.1 million in 2023, then grew by 29.79% to -$3.6 million in 2024, then increased by 12.52% to -$3.1 million in 2025, then jumped by 94.33% to -$178000.0 in 2026.
- Per Business Quant, the three latest POLA Net Income figures stand at -$178000.0 (Q1 2026), -$3.1 million (Q4 2025), and -$4.8 million (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 1.96 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 390.10 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 73.66 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 183.00 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 2.00 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | -500,000.00 |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | -55.00 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 45.89 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 77.30 Mn |
| 10 | Polar Power | 5.46 Mn | 5.44 Mn | 1.14 Mn | -178,000.00 |
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 | -5.11 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 |