Polar Power (POLA) Total Debt (2017 - 2026)
Polar Power's (POLA) quarterly Total Debt came in at $3.7 million in Q1 2026, down 22.64% year-on-year from $4.8 million in Q1 2025, and down 15.16% quarter-over-quarter from $4.4 million in Q4 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.
- On a quarterly basis, Total Debt fell 22.64% year-over-year to $3.7 million in Q1 2026; TTM through Mar 2026 was $3.7 million, a 22.64% decrease from a year earlier, with the FY2025 full-year figure at $4.4 million, down 8.98% from the prior year.
- Total Debt fell to $3.7 million in Q1 2026 per POLA's latest filing, from $4.4 million in the prior quarter.
- Across five years, Total Debt topped out at $5.3 million in Q2 2025 and bottomed at $81000.0 in Q3 2022.
- The 5-year median for Total Debt is $4.7 million (2024), against an average of $3.7 million.
- Across the five-year window, Total Debt plunged 91.25% in 2022 and jumped 6312.35% in 2023, its largest moves.
- Year by year, Total Debt stood at $2.2 million in 2022, then jumped by 109.01% to $4.5 million in 2023, then climbed by 6.65% to $4.8 million in 2024, then slipped by 8.98% to $4.4 million in 2025, then decreased by 15.16% to $3.7 million in 2026.
- Per Business Quant, the three latest POLA Total Debt figures stand at $3.7 million (Q1 2026), $4.4 million (Q4 2025), and $4.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 31.93 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 2.92 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | - |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 2.57 Bn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 1.56 Bn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 1.14 Bn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 697.30 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | - |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 1.11 Bn |
| 10 | Polar Power | 5.46 Mn | 5.44 Mn | 1.14 Mn | 3.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.70 Mn |
| Dec 31, 2025 | 4.37 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 | 4.70 Mn |
| Mar 31, 2024 | 4.95 Mn |
| Dec 31, 2023 | 4.50 Mn |
| Sep 30, 2023 | 5.19 Mn |
| Jun 30, 2023 | 5.07 Mn |
| Dec 31, 2022 | 2.15 Mn |
| Sep 30, 2022 | 81,000.00 |
| Jun 30, 2022 | 391,000.00 |
| Mar 31, 2022 | 205,000.00 |
| Dec 31, 2021 | 510,000.00 |
| Sep 30, 2021 | 329,000.00 |
| Jun 30, 2021 | 627,000.00 |
| Mar 31, 2021 | 2.34 Mn |