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
DateValue
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