Polar Power (POLA) Operating Leases (2019 - 2026)
Polar Power (POLA) posted Operating Leases of $290000.0 for Q2 2026, up 36.15% on a QoQ basis from $213000.0 in Q1 2026, and down 75.67% year-over-year from $1.2 million in Q2 2025.
Analysis
Polar Power (POLA) Operating Leases (2019 - 2026) Analysis & Trends
Polar Power has reported Operating Leases for 8 years, with the latest figure at $290000.0 in Q2 2026.
- On a quarterly basis, Operating Leases fell 75.67% year-over-year to $290000.0 in Q2 2026; TTM through Jun 2026 was $290000.0, a 75.67% decrease from a year earlier, with the FY2025 full-year figure at $475000.0, down 74.41% from the prior year.
- Operating Leases was $290000.0 for Q2 2026 at Polar Power, up from $213000.0 in the prior quarter.
- The five-year high for Operating Leases was $3.2 million in Q3 2023, with the low at $213000.0 in Q1 2026.
- Average Operating Leases over 5 years is $1.5 million, with a median of $1.4 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2026: Operating Leases soared 1011.94% in 2023, then sank 86.13% in 2026.
- Over 5 years, Operating Leases stood at $268000.0 in 2022, then jumped by 1011.94% to $3.0 million in 2023, then slumped by 37.72% to $1.9 million in 2024, then tumbled by 74.41% to $475000.0 in 2025, then plunged by 38.95% to $290000.0 in 2026.
- The last three Operating Leases figures came in at $290000.0 (Q2 2026), $213000.0 (Q1 2026), and $475000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 197.45 Bn | 191.35 Bn | 3.55 Bn |
| 2 | Eaton | 159.08 Bn | 158.38 Bn | 2.86 Bn |
| 3 | Vertiv Holdings | 95.42 Bn | 92.31 Bn | 1.23 Bn |
| 4 | TE Connectivity | 59.47 Bn | 58.23 Bn | 1.84 Bn |
| 5 | nVent Electric | 25.12 Bn | 24.86 Bn | 558.00 Mn |
| 6 | Hubbell | 23.93 Bn | 23.53 Bn | 613.00 Mn |
| 7 | Advanced Energy Industries | 10.64 Bn | 9.23 Bn | 236.10 Mn |
| 8 | Aptiv | 9.63 Bn | 8.87 Bn | 775.00 Mn |
| 9 | Valmont Industries | 9.23 Bn | 9.10 Bn | 340.82 Mn |
| 10 | Polar Power | 4.84 Mn | 4.65 Mn | -337,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 290,000.00 |
| Mar 31, 2026 | 213,000.00 |
| Dec 31, 2025 | 475,000.00 |
| Sep 30, 2025 | 840,000.00 |
| Jun 30, 2025 | 1.19 Mn |
| Mar 31, 2025 | 1.54 Mn |
| Dec 31, 2024 | 1.86 Mn |
| Sep 30, 2024 | 2.16 Mn |
| Jun 30, 2024 | 2.45 Mn |
| Mar 31, 2024 | 2.73 Mn |
| Dec 31, 2023 | 2.98 Mn |
| Sep 30, 2023 | 3.21 Mn |
| Jun 30, 2023 | 2.24 Mn |
| Mar 31, 2023 | 2.47 Mn |
| Dec 31, 2022 | 268,000.00 |
| Sep 30, 2022 | 453,000.00 |
| Jun 30, 2022 | 635,000.00 |
| Mar 31, 2022 | 814,000.00 |
| Dec 31, 2021 | 989,000.00 |
| Sep 30, 2021 | 1.16 Mn |