Polar Power (POLA) Total Debt (2017 - 2026)
Polar Power's 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 8.23% quarter-over-quarter from $4.0 million in Q4 2025.
Polar Power has reported Total Debt for 10 years, with the latest figure at $3.7 million in Q1 2026.
- For the quarter ending Q1 2026, Total Debt fell 22.64% year-over-year to $3.7 million; the trailing twelve-month figure through Mar 2026 stood at $3.7 million (down 22.64% YoY), and the FY2025 full-year result was $4.0 million, down 15.86% from the prior year.
- Total Debt for Q1 2026 stood at $3.7 million, down from $4.0 million in the prior quarter.
- The five-year high for Total Debt was $5.3 million in Q2 2025, with the low at $81000.0 in Q3 2022.
- Average Total Debt over 5 years is $3.6 million, with a median of $4.7 million recorded in 2024.
- Year-over-year, Total Debt sank 90.21% in 2022 and jumped 6312.35% in 2023.
- Tracing POLA's Total Debt over 5 years: stood at $1.9 million in 2022, then soared by 118.34% to $4.2 million in 2023, then gained by 13.19% to $4.8 million in 2024, then dropped by 15.86% to $4.0 million in 2025, then declined 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 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 2.92 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | - |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 1.56 Bn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 2.57 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 568.20 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | - |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 697.10 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 1.11 Bn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 72.29 Mn |
| 10 | Polar Power | 7.16 Mn | 7.14 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 |
| Dec 31, 2020 | 1.94 Mn |
| Sep 30, 2020 | 814,000.00 |
| Jun 30, 2020 | 627,000.00 |
| Mar 31, 2020 | 698,000.00 |
| Dec 31, 2019 | 778,000.00 |
| Sep 30, 2019 | 858,983.00 |
| Jun 30, 2019 | 834,878.00 |
| Mar 31, 2019 | 880,016.00 |
| Dec 31, 2018 | 924,539.00 |
| Sep 30, 2018 | 621,113.00 |
| Jun 30, 2018 | 625,407.00 |
| Mar 31, 2018 | 107,338.00 |
| Dec 31, 2017 | 126,818.00 |