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| Date | Value |
|---|---|
| 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 |