Polar Power POLA
NASDAQ POLA
$1.12 -0.09 (-7.44%)
At close: Oct 1, 2026 · 4:00 PM EDT

Polar Power (POLA) Payables (2017 - 2026)

Updated

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

Historic Data

Download Data
DateValue
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