Polar Power POLA
NASDAQ POLA
$1.16 +0.04 (+3.57%)
At close: Oct 2, 2026 · 4:00 PM EDT

Polar Power (POLA) Non Operating Interest Expenses (2018 - 2026)

Updated

Polar Power (POLA) recorded Non Operating Interest Expenses of $447,000 in Q2 2026, up 161.4% from $171,000 a year earlier and up 121.3% from the prior quarter.

Analysis

Polar Power (POLA) Non Operating Interest Expenses (2018 - 2026) Analysis & Trends

On a TTM basis, Polar Power's Non Operating Interest Expenses came in at $1.03 million as of Jun 30, 2026, up 61.3% year-over-year; for FY2025, it was $720,000, up 10.9% from FY2024.

  • Annual Non Operating Interest Expenses has increased for three straight years, with a five-year compound annual growth rate of 64.4% (FY2020 to FY2025).
  • Across earlier years, Non Operating Interest Expenses came in at $649,000 in FY2024 (+16.1%), $559,000 in FY2023 (+863.8%), $58,000 in FY2022 (-3.3%) and $60,000 in FY2021 (unchanged).
  • The Q2 2026 figure is the highest quarterly Non Operating Interest Expenses in data going back to Q1 2018.
  • On a year-over-year basis, Non Operating Interest Expenses has increased for four consecutive quarters, with growth averaging 25.6% over the last eight quarters.
  • Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 868.4% in Q4 2023, against a decline of 18.8% in Q1 2022 at the low end.
  • Per Business Quant, the preceding three quarters came in at $202,000 (Q1 2026), $177,000 (Q4 2025) and $208,000 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Caterpillar 388.70 Bn 360.40 Bn 7.76 Bn 135.00 Mn
2 Amphenol 214.42 Bn 209.12 Bn 3.55 Bn 213.70 Mn
3 Deere 185.30 Bn 194.07 Bn 4.66 Bn 710.00 Mn
4 Eaton 169.35 Bn 166.59 Bn 2.86 Bn 201.00 Mn
5 Parker-Hannifin 122.64 Bn 120.77 Bn 2.25 Bn 95.00 Mn
6 Vertiv Holdings 97.12 Bn 87.74 Bn 1.23 Bn 17.40 Mn
7 Emerson Electric 90.13 Bn 82.89 Bn 2.66 Bn -
8 3M 83.49 Bn 64.94 Bn 2.68 Bn -
9 Illinois Tool Works 74.89 Bn 71.45 Bn 1.90 Bn 79.00 Mn
10 Polar Power 4.42 Mn 4.01 Mn -337,000.00 447,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 447,000.00
Mar 31, 2026 202,000.00
Dec 31, 2025 177,000.00
Sep 30, 2025 208,000.00
Jun 30, 2025 171,000.00
Mar 31, 2025 164,000.00
Dec 31, 2024 153,000.00
Sep 30, 2024 153,000.00
Jun 30, 2024 179,000.00
Mar 31, 2024 163,000.00
Dec 31, 2023 184,000.00
Sep 30, 2023 171,000.00
Jun 30, 2023 126,000.00
Mar 31, 2023 78,000.00
Dec 31, 2022 19,000.00
Sep 30, 2022 12,000.00
Jun 30, 2022 14,000.00
Mar 31, 2022 13,000.00
Dec 31, 2021 14,000.00
Sep 30, 2021 14,000.00
API Access

Polar Power Non Operating Interest Expenses 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-operating-interest-expenses&ticker=POLA&period=max&api_key=YOUR_API_KEY