Polar Power (POLA) Payables (2017 - 2026)
Polar Power's quarterly Payables came in at $1.4 million in Q1 2026, up 20.12% year-on-year from $1.1 million in Q1 2025, and down 0.65% quarter-over-quarter from $1.4 million in Q4 2025.
Polar Power has reported Payables for 10 years, with the latest figure at $1.4 million in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 20.12% year-over-year to $1.4 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 million (up 20.12% YoY), and the FY2025 full-year result was $1.4 million, up 57.62% from the prior year.
- Payables for Q1 2026 stood at $1.4 million, down from $1.4 million in the prior quarter.
- The five-year high for Payables was $2.0 million in Q4 2023, with the low at $205000.0 in Q1 2023.
- Average Payables over 5 years is $1.4 million, with a median of $1.5 million recorded in 2022.
- Year-over-year, Payables slumped 85.92% in 2023 and soared 501.95% in 2024.
- Tracing POLA's Payables over 5 years: stood at $1.5 million in 2022, then soared by 34.89% to $2.0 million in 2023, then tumbled by 56.82% to $873000.0 in 2024, then soared by 57.62% to $1.4 million in 2025, then declined 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 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 1.95 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 241.65 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 422.00 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 605.50 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 272.10 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 75.14 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 354.60 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 383.39 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 146.75 Mn |
| 10 | Polar Power | 7.16 Mn | 7.14 Mn | 1.14 Mn | 1.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.37 Mn |
| Dec 31, 2025 | 1.79 Mn |
| Sep 30, 2025 | 2.01 Mn |
| Jun 30, 2025 | 1.57 Mn |
| Mar 31, 2025 | 1.55 Mn |
| Dec 31, 2024 | 674,000.00 |
| Sep 30, 2024 | 1.02 Mn |
| Jun 30, 2024 | 1.17 Mn |
| Mar 31, 2024 | 1.17 Mn |
| Dec 31, 2023 | 1.41 Mn |
| Sep 30, 2023 | 1.27 Mn |
| Jun 30, 2023 | 1.67 Mn |
| Mar 31, 2023 | 205,000.00 |
| Dec 31, 2022 | 2.39 Mn |
| Sep 30, 2022 | 3.82 Mn |
| Jun 30, 2022 | 526,000.00 |
| Mar 31, 2022 | 1.46 Mn |
| Dec 31, 2021 | 1.72 Mn |
| Sep 30, 2021 | 1.53 Mn |
| Jun 30, 2021 | 609,000.00 |
| Mar 31, 2021 | 1.07 Mn |
| Dec 31, 2020 | 1.41 Mn |
| Sep 30, 2020 | 1.55 Mn |
| Jun 30, 2020 | 1.14 Mn |
| Mar 31, 2020 | 1.60 Mn |
| Dec 31, 2019 | 525,000.00 |
| Sep 30, 2019 | 2.13 Mn |
| Jun 30, 2019 | 1.40 Mn |
| Mar 31, 2019 | 2.75 Mn |
| Dec 31, 2018 | 787,947.00 |
| Sep 30, 2018 | 1.50 Mn |
| Jun 30, 2018 | 630,576.00 |
| Mar 31, 2018 | 720,548.00 |
| Dec 31, 2017 | 994,808.00 |