Polar Power (POLA) Operating Leases (2019 - 2026)

Polar Power has reported Operating Leases for 8 years, with the latest figure at $213000.0 in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 86.13% year-over-year to $213000.0; the trailing twelve-month figure through Mar 2026 stood at $213000.0 (down 86.13% YoY), and the FY2025 full-year result was $475000.0, down 74.41% from the prior year.
• Operating Leases for Q1 2026 stood at $213000.0, down from $475000.0 in the prior quarter.
• The five-year high for Operating Leases was $3.2 million in Q3 2023, with the low at $47000.0 in Q2 2022.
• Average Operating Leases over 5 years is $1.3 million, with a median of $1.5 million recorded in 2023.
• Year-over-year, Operating Leases surged 3148.94% in 2023 and tumbled 96.9% in 2025.
• Tracing POLA's Operating Leases over 5 years: stood at $268000.0 in 2022, then surged by 592.54% to $1.9 million in 2023, then changed by 0.0% to $1.9 million in 2024, then tumbled by 74.41% to $475000.0 in 2025, then slumped by 55.16% to $213000.0 in 2026.
• The last three Operating Leases figures came in at $213000.0 (Q1 2026), $475000.0 (Q4 2025), and $840000.0 (Q3 2025), per Business Quant data.

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