Polar Power (POLA) Payables (2017 - 2026)

Polar Power (POLA) recorded quarterly Payables of $1.4 million in Q1 2026, down 0.65% quarter-over-quarter from $1.4 million in Q4 2025, and up 20.12% on a YoY basis from $1.1 million in Q1 2025.

Polar Power (POLA) Payables (2017 - 2026) Analysis & Trends

Polar Power's Payables history runs 10 years deep, the most recent figure standing at $1.4 million for Q1 2026.

  • In Q1 2026, Payables rose 20.12% year-over-year to $1.4 million; the TTM figure through Mar 2026 stood at $1.4 million (up 20.12% YoY), while the FY2025 annual figure was $1.4 million, up 57.62% from the prior year.
  • Payables was $1.4 million for Q1 2026 at Polar Power, down from $1.4 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $2.0 million in Q4 2023 to a low of $205000.0 in Q1 2023.
  • Historically, Payables has averaged $1.4 million across 5 years, with a median of $1.5 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Payables slumped 85.92% in 2023, then jumped 501.95% in 2024.
  • A 5-year view of Payables shows it stood at $1.5 million in 2022, then surged by 34.89% to $2.0 million in 2023, then plunged by 56.82% to $873000.0 in 2024, then surged by 57.62% to $1.4 million in 2025, then dropped by 0.65% to $1.4 million in 2026.
  • The last three Payables figures came in at $1.4 million (Q1 2026), $1.4 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 75.39 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.95 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 241.65 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 422.00 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 605.50 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 272.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 75.14 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 28.79 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 354.60 Mn
10 Polar Power 6.05 Mn 6.02 Mn 1.14 Mn 1.37 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.37 Mn
Dec 31, 2025 1.38 Mn
Sep 30, 2025 2.01 Mn
Jun 30, 2025 1.29 Mn
Mar 31, 2025 1.14 Mn
Dec 31, 2024 873,000.00
Sep 30, 2024 1.44 Mn
Jun 30, 2024 1.49 Mn
Mar 31, 2024 1.23 Mn
Dec 31, 2023 2.02 Mn
Sep 30, 2023 1.95 Mn
Jun 30, 2023 1.57 Mn
Mar 31, 2023 205,000.00
Dec 31, 2022 1.50 Mn
Sep 30, 2022 1.51 Mn
Jun 30, 2022 1.46 Mn
Mar 31, 2022 1.46 Mn
Dec 31, 2021 838,000.00
Sep 30, 2021 1.53 Mn
Jun 30, 2021 1.54 Mn