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| Date | Value |
|---|---|
| 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 |