Polar Power (POLA) Payables (2017 - 2026)
Polar Power's (POLA) quarterly Payables came in at $1.1 million in Q1 2026, down 5.56% year-on-year from $1.2 million in Q1 2025, and down 64.05% quarter-over-quarter from $3.1 million in Q4 2025.
Polar Power (POLA) Payables (2017 - 2026) Analysis & Trends
Polar Power's Payables history runs 10 years deep, the most recent figure standing at $1.1 million for Q1 2026.
- On a quarterly basis, Payables fell 5.56% year-over-year to $1.1 million in Q1 2026; TTM through Mar 2026 was $1.1 million, a 5.56% decrease from a year earlier, with the FY2025 full-year figure at $3.1 million, up 257.16% from the prior year.
- Payables fell to $1.1 million in Q1 2026 per POLA's latest filing, from $3.1 million in the prior quarter.
- Across five years, Payables topped out at $3.8 million in Q3 2022 and bottomed at $441000.0 in Q4 2022.
- The 5-year median for Payables is $1.2 million (2025), against an average of $1.6 million.
- Across the five-year window, Payables soared 314.06% in 2023 and plunged 72.49% in 2024, its largest moves.
- Year by year, Payables stood at $441000.0 in 2022, then surged by 314.06% to $1.8 million in 2023, then tumbled by 52.19% to $873000.0 in 2024, then jumped by 257.16% to $3.1 million in 2025, then sank by 64.05% to $1.1 million in 2026.
- Per Business Quant, the three latest POLA Payables figures stand at $1.1 million (Q1 2026), $3.1 million (Q4 2025), and $1.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 406.17 Bn | 406.14 Bn | 6.04 Mn | 8.12 Mn |
| 2 | Vertiv Holdings | 108.19 Bn | 105.69 Bn | 999.70 Mn | 1.95 Bn |
| 3 | Bloom Energy | 52.35 Bn | 49.86 Bn | 225.54 Mn | 241.65 Mn |
| 4 | Hubbell | 25.81 Bn | 25.30 Bn | 505.30 Mn | 605.50 Mn |
| 5 | nVent Electric | 23.72 Bn | 23.53 Bn | 445.60 Mn | 422.00 Mn |
| 6 | Advanced Energy Industries | 10.75 Bn | 10.05 Bn | 200.90 Mn | 272.10 Mn |
| 7 | Acuity Inc. (De) | 10.05 Bn | 9.64 Bn | 606.40 Mn | 363.90 Mn |
| 8 | Powell Industries | 7.87 Bn | 7.33 Bn | 87.94 Mn | 75.14 Mn |
| 9 | EnerSys | 7.01 Bn | 6.57 Bn | 290.87 Mn | 383.39 Mn |
| 10 | Polar Power | 5.01 Mn | 4.98 Mn | 1.14 Mn | 1.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.12 Mn |
| Dec 31, 2025 | 3.12 Mn |
| Sep 30, 2025 | 1.23 Mn |
| Jun 30, 2025 | 1.07 Mn |
| Mar 31, 2025 | 1.19 Mn |
| Dec 31, 2024 | 873,000.00 |
| Sep 30, 2024 | 611,000.00 |
| Jun 30, 2024 | 855,000.00 |
| Mar 31, 2024 | 1.23 Mn |
| Dec 31, 2023 | 1.83 Mn |
| Sep 30, 2023 | 2.22 Mn |
| Jun 30, 2023 | 1.67 Mn |
| Dec 31, 2022 | 441,000.00 |
| Sep 30, 2022 | 3.82 Mn |
| Jun 30, 2022 | 3.73 Mn |
| Mar 31, 2022 | 1.17 Mn |
| Dec 31, 2021 | 1.14 Mn |
| Sep 30, 2021 | 1.20 Mn |
| Jun 30, 2021 | 1.21 Mn |
| Mar 31, 2021 | 672,000.00 |