Polar Power (POLA) Notes Payables (2017 - 2026)

Polar Power's (POLA) quarterly Notes Payables came in at $365000.0 in Q1 2026, down 14.92% year-on-year from $429000.0 in Q1 2025, and down 40.36% quarter-over-quarter from $612000.0 in Q4 2025.

Polar Power (POLA) Notes Payables (2017 - 2026) Analysis & Trends

Polar Power's Notes Payables history runs 10 years deep, the most recent figure standing at $365000.0 for Q1 2026.

  • On a quarterly basis, Notes Payables fell 14.92% year-over-year to $365000.0 in Q1 2026; TTM through Mar 2026 was $365000.0, a 14.92% decrease from a year earlier, with the FY2025 full-year figure at $612000.0, up 130.08% from the prior year.
  • Notes Payables fell to $365000.0 in Q1 2026 per POLA's latest filing, from $612000.0 in the prior quarter.
  • Across five years, Notes Payables topped out at $612000.0 in Q4 2025 and bottomed at $40000.0 in Q1 2024.
  • The 5-year median for Notes Payables is $253000.0 (2022), against an average of $284937.5.
  • Across the five-year window, Notes Payables slumped 69.67% in 2023 and surged 972.5% in 2025, its largest moves.
  • Year by year, Notes Payables stood at $211000.0 in 2022, then slumped by 69.67% to $64000.0 in 2023, then surged by 315.62% to $266000.0 in 2024, then jumped by 130.08% to $612000.0 in 2025, then sank by 40.36% to $365000.0 in 2026.
  • Per Business Quant, the three latest POLA Notes Payables figures stand at $365000.0 (Q1 2026), $612000.0 (Q4 2025), and $507000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Polar Power 5.46 Mn 5.44 Mn 1.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 365,000.00
Dec 31, 2025 612,000.00
Sep 30, 2025 507,000.00
Jun 30, 2025 433,000.00
Mar 31, 2025 429,000.00
Dec 31, 2024 266,000.00
Sep 30, 2024 265,000.00
Jun 30, 2024 258,000.00
Mar 31, 2024 40,000.00
Dec 31, 2023 64,000.00
Sep 30, 2023 233,000.00
Jun 30, 2023 135,000.00
Dec 31, 2022 211,000.00
Sep 30, 2022 248,000.00
Jun 30, 2022 248,000.00
Mar 31, 2022 245,000.00
Dec 31, 2021 242,000.00
Sep 30, 2021 240,000.00
Jun 30, 2021 237,000.00
Mar 31, 2021 247,000.00