Polar Power (POLA) Non-Current Assets (2015 - 2026)
Polar Power (POLA) recorded Non-Current Assets of $162,000 in Q2 2026, down 87.6% from $1.31 million a year earlier and down 43.0% from the prior quarter.
Polar Power (POLA) Non-Current Assets (2015 - 2026) Analysis & Trends
At the end of FY2025, Polar Power reported Non-Current Assets of $406,000, down 79.2% from FY2024.
- Annual Non-Current Assets has a five-year compound annual growth rate of -33.6% (FY2020 to FY2025).
- Across earlier years, Non-Current Assets came in at $1.95 million in FY2024 (-40.4%), $3.27 million in FY2023 (+275.4%), $871,000 in FY2022 (-57.0%) and $2.03 million in FY2021 (-35.8%).
- The Q2 2026 figure is the lowest quarterly Non-Current Assets in data going back to Q4 2017.
- On a year-over-year basis, Non-Current Assets has declined for nine consecutive quarters, with an average decline of 62.2% over the last eight quarters.
- Peak year-over-year performance for Non-Current Assets in the last five years was growth of 275.4% in Q4 2023, against a decline of 87.6% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $284,000 (Q1 2026), $406,000 (Q4 2025) and $524,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.62 Bn | 245.93 Bn | 7.35 Bn | 49.01 Bn |
| 2 | Amphenol | 193.27 Bn | 188.11 Bn | 4.02 Bn | 27.54 Bn |
| 3 | Deere | 181.55 Bn | 190.32 Bn | 4.66 Bn | - |
| 4 | Eaton | 137.15 Bn | 134.13 Bn | 3.11 Bn | 41.42 Bn |
| 5 | Parker-Hannifin | 120.49 Bn | 118.48 Bn | 2.26 Bn | 33.23 Bn |
| 6 | 3M | 94.89 Bn | 77.30 Bn | 2.78 Bn | 22.81 Bn |
| 7 | Emerson Electric | 92.74 Bn | 85.23 Bn | 2.74 Bn | 32.30 Bn |
| 8 | Illinois Tool Works | 81.69 Bn | 78.37 Bn | 1.91 Bn | 9.90 Bn |
| 9 | Vertiv Holdings | 77.79 Bn | 66.64 Bn | 1.64 Bn | 6.05 Bn |
| 10 | Polar Power | 1.03 Mn | 615,154.72 | -337,000.00 | 162,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 162,000.00 |
| Mar 31, 2026 | 284,000.00 |
| Dec 31, 2025 | 406,000.00 |
| Sep 30, 2025 | 524,000.00 |
| Jun 30, 2025 | 1.31 Mn |
| Mar 31, 2025 | 1.63 Mn |
| Dec 31, 2024 | 1.95 Mn |
| Sep 30, 2024 | 2.27 Mn |
| Jun 30, 2024 | 2.59 Mn |
| Mar 31, 2024 | 2.92 Mn |
| Dec 31, 2023 | 3.27 Mn |
| Sep 30, 2023 | 3.63 Mn |
| Jun 30, 2023 | 2.78 Mn |
| Mar 31, 2023 | 2.95 Mn |
| Dec 31, 2022 | 871,000.00 |
| Sep 30, 2022 | 1.16 Mn |
| Jun 30, 2022 | 1.44 Mn |
| Mar 31, 2022 | 1.73 Mn |
| Dec 31, 2021 | 2.03 Mn |
| Sep 30, 2021 | 2.26 Mn |
Polar Power Non-Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-assets&ticker=POLA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "ticker": "POLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-assets&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();