Polar Power (POLA) Payables (2017 - 2026)
Polar Power (POLA) recorded Payables of $2.65 million in Q2 2026, up 68.6% from $1.57 million a year earlier but down 26.2% from the prior quarter.
Analysis
Polar Power (POLA) Payables (2017 - 2026) Analysis & Trends
At the end of FY2025, Polar Power reported Payables of $3.56 million, up 160.3% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 20.3% (FY2020 to FY2025).
- Across earlier years, Payables came in at $1.37 million in FY2024 (-34.4%), $2.08 million in FY2023 (+44.5%), $1.44 million in FY2022 (-0.4%) and $1.45 million in FY2021 (+2.8%).
- Quarterly Payables has ranged from $1.37 million in Q4 2024 to $3.59 million in Q1 2026 over the past five years.
- On a year-over-year basis, Payables has increased for six consecutive quarters, with growth averaging 42.9% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 160.3% in Q4 2025, against a decline of 37.8% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.59 million (Q1 2026), $3.56 million (Q4 2025) and $2.01 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 16.11 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 4.32 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 14.11 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 7.51 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 2.44 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 2.47 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 1.61 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 3.11 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.09 Bn |
| 10 | Polar Power | 4.61 Mn | 4.20 Mn | -337,000.00 | 2.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.65 Mn |
| Mar 31, 2026 | 3.59 Mn |
| Dec 31, 2025 | 3.56 Mn |
| Sep 30, 2025 | 2.01 Mn |
| Jun 30, 2025 | 1.57 Mn |
| Mar 31, 2025 | 1.55 Mn |
| Dec 31, 2024 | 1.37 Mn |
| Sep 30, 2024 | 1.44 Mn |
| Jun 30, 2024 | 1.43 Mn |
| Mar 31, 2024 | 1.49 Mn |
| Dec 31, 2023 | 2.08 Mn |
| Sep 30, 2023 | 2.31 Mn |
| Jun 30, 2023 | 1.56 Mn |
| Dec 31, 2022 | 1.44 Mn |
| Sep 30, 2022 | 1.43 Mn |
| Jun 30, 2022 | 1.46 Mn |
| Mar 31, 2022 | 1.46 Mn |
| Dec 31, 2021 | 1.45 Mn |
| Sep 30, 2021 | 1.49 Mn |
| Jun 30, 2021 | 1.54 Mn |
API Access
Polar Power Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=POLA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "POLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();