Polar Power (POLA) Operating Leases (2019 - 2026)
Polar Power (POLA) posted quarterly Operating Leases of $213000.0 for Q1 2026, up 8.12% year-over-year from $197000.0 in Q1 2025, and down 55.16% quarter-over-quarter from $475000.0 in Q4 2025.
Polar Power (POLA) Operating Leases (2019 - 2026) Analysis & Trends
Polar Power's Operating Leases history runs 8 years deep, the most recent figure standing at $213000.0 for Q1 2026.
- In Q1 2026, Operating Leases rose 8.12% year-over-year to $213000.0; the TTM figure through Mar 2026 stood at $213000.0 (up 8.12% YoY), while the FY2025 annual figure 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 $76000.0 in Q2 2025.
- The 5-year median for Operating Leases is $737500.0 (2022), against an average of $1.1 million.
- The sharpest annual moves came in 2023 and 2025: Operating Leases jumped 1011.94% in 2023, then slumped 96.9% in 2025.
- Polar Power's Operating Leases stood at $268000.0 in 2022, then surged 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 slumped by 55.16% to $213000.0 in 2026.
- Business Quant data shows POLA's Operating Leases at $213000.0 in Q1 2026, $475000.0 in Q4 2025, and $840000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.40 Bn | 96.29 Bn | 1.23 Bn |
| 2 | Bloom Energy | 56.52 Bn | 53.85 Bn | 355.57 Mn |
| 3 | Hubbell | 24.95 Bn | 24.55 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.74 Bn | 24.49 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.13 Bn | 9.71 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.35 Bn | 9.94 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.23 Bn | 6.59 Bn | 95.30 Mn |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn |
| 9 | Plug Power | 3.23 Bn | 2.91 Bn | -1.68 Mn |
| 10 | Polar Power | 5.58 Mn | 5.40 Mn | -337,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 213,000.00 |
| Dec 31, 2025 | 475,000.00 |
| Sep 30, 2025 | 840,000.00 |
| Jun 30, 2025 | 76,000.00 |
| Mar 31, 2025 | 197,000.00 |
| Dec 31, 2024 | 1.86 Mn |
| Sep 30, 2024 | 840,000.00 |
| Jun 30, 2024 | 2.45 Mn |
| Mar 31, 2024 | 1.54 Mn |
| Dec 31, 2023 | 2.98 Mn |
| Sep 30, 2023 | 3.21 Mn |
| Jun 30, 2023 | 1.53 Mn |
| Dec 31, 2022 | 268,000.00 |
| Sep 30, 2022 | 453,000.00 |
| Jun 30, 2022 | 635,000.00 |
| Mar 31, 2022 | 123,000.00 |
| Dec 31, 2021 | 989,000.00 |
| Sep 30, 2021 | 1.16 Mn |
| Jun 30, 2021 | 1.33 Mn |
| Mar 31, 2021 | 1.50 Mn |