Polar Power POLA
NASDAQ POLA
$1.27 -0.02 (-1.55%)
At close: Sep 10, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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