Polar Power (POLA) Total Debt (2017 - 2026)
Polar Power (POLA) recorded quarterly Total Debt of $3.7 million in Q1 2026, down 8.23% quarter-over-quarter from $4.0 million in Q4 2025, and down 22.64% on a YoY basis from $4.8 million in Q1 2025.
Polar Power (POLA) Total Debt (2017 - 2026) Analysis & Trends
Polar Power's Total Debt history runs 10 years deep, the most recent figure standing at $3.7 million for Q1 2026.
- In Q1 2026, Total Debt fell 22.64% year-over-year to $3.7 million; the TTM figure through Mar 2026 stood at $3.7 million (down 22.64% YoY), while the FY2025 annual figure was $4.0 million, down 15.86% from the prior year.
- Total Debt was $3.7 million for Q1 2026 at Polar Power, down from $4.0 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $5.3 million in Q2 2025 to a low of $81000.0 in Q3 2022.
- Historically, Total Debt has averaged $3.6 million across 5 years, with a median of $4.7 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Total Debt sank 90.21% in 2022, then surged 6312.35% in 2023.
- A 5-year view of Total Debt shows it stood at $1.9 million in 2022, then surged by 118.34% to $4.2 million in 2023, then rose by 13.19% to $4.8 million in 2024, then slipped by 15.86% to $4.0 million in 2025, then dropped by 8.23% to $3.7 million in 2026.
- The last three Total Debt figures came in at $3.7 million (Q1 2026), $4.0 million (Q4 2025), and $4.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 93.85 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 2.92 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 1.56 Bn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 2.57 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 568.20 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 697.10 Mn |
| 10 | Polar Power | 6.05 Mn | 6.02 Mn | 1.14 Mn | 3.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.70 Mn |
| Dec 31, 2025 | 4.04 Mn |
| Sep 30, 2025 | 4.65 Mn |
| Jun 30, 2025 | 5.30 Mn |
| Mar 31, 2025 | 4.79 Mn |
| Dec 31, 2024 | 4.80 Mn |
| Sep 30, 2024 | 4.66 Mn |
| Jun 30, 2024 | 4.68 Mn |
| Mar 31, 2024 | 4.91 Mn |
| Dec 31, 2023 | 4.24 Mn |
| Sep 30, 2023 | 5.19 Mn |
| Jun 30, 2023 | 4.94 Mn |
| Dec 31, 2022 | 1.94 Mn |
| Sep 30, 2022 | 81,000.00 |
| Jun 30, 2022 | 143,000.00 |
| Mar 31, 2022 | 205,000.00 |
| Dec 31, 2021 | 268,000.00 |
| Sep 30, 2021 | 329,000.00 |
| Jun 30, 2021 | 390,000.00 |
| Mar 31, 2021 | 2.10 Mn |