Polar Power (POLA) Notes Payables (2017 - 2026)
Polar Power (POLA) posted Notes Payables of $186,000 for Q2 2026, down 57.0% from $433,000 a year earlier and down 80.9% from the prior quarter.
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Analysis
Polar Power (POLA) Notes Payables (2017 - 2026) Analysis & Trends
At the end of FY2025, Polar Power's Notes Payables came in at $1.05 million, up 294.7% from FY2024.
- Annual Notes Payables shows a five-year compound annual growth rate of 31.5% (FY2020 to FY2025).
- In prior years, Polar Power's Notes Payables was $266,000 in FY2024 (-17.1%), $321,000 in FY2023 (+52.1%), $211,000 in FY2022 (-12.8%) and $242,000 in FY2021 (-9.4%).
- The Q2 2026 figure stands as the lowest quarterly Notes Payables since Q2 2023.
- On a year-over-year basis, Notes Payables increased in five of the last eight quarters, with growth averaging 65.6%.
- The strongest year-over-year quarter for Notes Payables in the past five years was Q4 2025, with growth of 294.7%; the weakest was Q2 2026, with a decline of 57.0%.
- According to Business Quant data, Notes Payables for the three prior quarters was $976,000 (Q1 2026), $1.05 million (Q4 2025) and $507,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Polar Power | 4.61 Mn | 4.20 Mn | -337,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 186,000.00 |
| Mar 31, 2026 | 976,000.00 |
| Dec 31, 2025 | 1.05 Mn |
| 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 | 274,000.00 |
| Mar 31, 2024 | 297,000.00 |
| Dec 31, 2023 | 321,000.00 |
| Sep 30, 2023 | 321,000.00 |
| 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 |
API Access
Polar Power Notes Payables 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=notes-payables&ticker=POLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();