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Friday 6 November 2026 Export POLA’s income statement to Excel — free account

Polar Power, Inc.

POLA Industrials Electrical Equipment & Parts

Polar Power, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.3 million, down 54.9% from fiscal 2024.

Revenue
−62.4%
EPS
−345.5%
Free cash flow
+105.0%
Total debt
−48.5%

Quarter to June 2026, against a year earlier

0.33 0.04 −10.81%
Market cap
$1.4M
P/E
0.0×
Fwd P/E
0.0×
Dividend yield
—
F-score
2/9
Altman Z
−7.14
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 19.11%

Capital & Financial Ratios $m

Size
Market Cap 1.44
Revenue ttm 4.62
Net income ttm (9.61)
Free cash flow ttm (2.24)
Net debt Q 2.55
Valuation
P/E 0.00
Forward P/E 0.00
Price / sales 0.27
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.43
Financial health
Current ratio Q 1.07
Debt / equity Q 3.19 (above 2: weak)
Interest coverage Q (3.74)
Growth
Revenue growth Q −62.37% (below 0%: shrinking)
Operating income growth Q −1,419.09% (below 0%: shrinking)
EPS, this year +55.10% (at or above 15%: strong)
EPS, next year A —
Revenue, next year A +4.62%
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.8×, against a ten-year median of 1.6×; over the ten years it ranged from 0.6× in 2023 to 23.5× in 2021.
P/S against its own 10 years 0.04%
10-year low 10-year high
P/B against its own 10 years 37.24%
10-year low 10-year high
EV/Sales against its own 10 years 13.37%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1 0 0 0
Receivables 4 2 0 1
Inventory 17 13 9 9
Other — — — —
22 16 10 10
2023 2024 2025 Q'26
Payables 2 0 3 2
ST’ Debt 4 5 4 3
Other 2 1 1 2
10 9 10 9

Compound Annual Growth %

10y 5y 3y
Sales (0.82%) (6.94%) (26.77%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (24.05%) (58.35%) (80.07%)

Earnings Trends EPS, adjusted, against the consensus

Q3 FY19 Estimate 0.28 Actual 0.00

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY18 0.35 0.00 Miss by 0.35
Q1 FY19 −0.14 0.07 Beat by 0.21
Q2 FY19 0.07 0.42 Beat by 0.35
Q3 FY19 0.28 0.00 Miss by 0.28

EPS $

Mar Jun Sep Dec Year
’26 (0.05) (0.49) — — —
’25 (0.50) (0.11) (1.63) (1.35) (3.59)
’24 (0.84) 0.21 0.01 (1.22) (1.86)
’23 (0.63) (0.21) (0.98) (1.68) (3.43)
’22 (0.70) (0.42) (1.33) (0.70) (3.01)
’21 (1.05) (0.49) 0.49 0.25 (0.78)
’20 (0.14) (1.61) (2.94) (2.31) (7.07)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 2 1 — — —
’25 2 3 1 1 6
’24 2 5 5 3 14
’23 4 6 2 4 15
’22 4 4 2 6 16
’21 3 5 4 5 17
’20 3 1 3 3 9
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) 0 — — —
’25 (1) 0 0 0 (1)
’24 (1) 1 (1) 0 (1)
’23 (1) (2) 0 0 (3)
’22 (1) (1) (2) (2) (7)
’21 (3) (3) (1) (2) (9)
’20 (2) (2) (2) 0 (7)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) 0 — — —
’25 (1) 0 0 0 (1)
’24 (1) 1 (1) 0 (1)
’23 (1) (2) 0 0 (4)
’22 (1) (1) (2) (2) (7)
’21 (3) (3) (1) (3) (9)
’20 (2) (2) (2) 0 (7)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 23 14 24 25 9 17 16 15 14 6 5 (13.3%) — — — —
Gross margin, % 44.65 33.02 30.91 19.83 (62.26) 20.39 13.23 4.54 9.41 (50.06) (78.10) (94.7) pt
EBT 7 (1) (1) (4) (13) (1) (6) (7) (5) (9) (10) n/m
EBT margin, % 31.86 (5.25) (4.42) (16.31) (144.06) (8.37) (34.78) (42.82) (33.48) (144.88) (207.92) (176.7) pt
Net income 4 (1) (1) (4) (11) (1) (6) (7) (5) (9) (10) n/m
Per share, $
Per share, $ Revenue 21.09 9.95 16.59 17.14 5.84 9.29 8.72 8.05 5.57 2.48 1.24 (21.2%)
Earnings 4.06 (0.56) (0.56) (2.80) (7.07) (0.77) (3.01) (3.43) (1.86) (3.59) (3.52) n/m
Cash flow 0.58 (1.09) (5.41) (1.50) (4.24) (5.16) (3.54) (1.81) (0.21) (0.42) (0.60) n/m
Capex (0.27) (0.24) (0.40) (0.23) (0.01) (0.04) (0.01) (0.10) (0.01) 0.00 0.00 n/m
Free cash flow 0.31 (1.33) (5.81) (1.73) (4.25) (5.20) (3.55) (1.91) (0.22) (0.42) (0.60) n/m
Book value 21.88 15.80 15.44 12.70 7.43 12.79 9.88 6.95 3.39 0.06 0.23 (48.4%)
Shares, m 1 1 1 1 2 2 2 2 3 3 3 +10.0%
Valuation, ×
Valuation, × P/E 14.78 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.5
P/S 2.85 3.53 2.04 0.97 5.72 2.70 1.03 0.35 0.57 0.67 0.27 2.0
P/B 2.75 2.22 2.19 1.31 4.50 1.96 0.91 0.40 0.94 29.47 1.43 4.7
EV/Sales 2.22 2.66 1.90 0.93 5.78 2.47 1.13 0.59 0.88 1.28 0.82 2.0
EV/FCF 152.84 (18.61) (5.35) (8.72) (7.80) (4.34) (2.73) (2.40) (17.98) (6.68) (1.58) 7.8
Cash, $m
Cash, $m Operating cash flow 1 (2) (8) (2) (7) (9) (7) (3) (1) (1) (2) n/m
Capex 0 0 (1) 0 0 0 0 0 0 — 0 (29.1%)
Free cash flow 0 (2) (8) (3) (7) (9) (7) (4) (1) (1) (2) n/m
Balance, $m
Balance, $m Working capital 23 22 21 16 10 22 17 12 7 0 1 n/m
Net debt (16) (14) (4) (1) 1 (4) 2 4 4 4 3 n/m
Shareholders’ equity 24 23 22 18 11 23 18 13 9 0 1 (43.3%)
Returns, %
Returns, % ROA 28.03 (2.96) (3.41) (16.58) (52.57) (6.29) (21.74) (26.48) (21.85) (65.28) (71.82) (93.3) pt
ROIC 59.64 (5.61) (3.83) (14.42) (67.13) (9.99) (17.37) (22.18) (21.34) (132.27) (162.66) (191.9) pt
ROE 33.99 (3.25) (3.75) (19.85) (72.80) (8.14) (26.96) (41.75) (43.10) (211.02) (245.02) (245.0) pt
People
People Employees 104 117 179 132 106 104 113 87 82 67 — (4.8%)
Revenue/emp, $m 0.22 0.12 0.13 0.19 0.09 0.16 0.14 0.18 0.17 0.09 — (9.0%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Polar Power, Inc. vs peers in Electrical Equipment & Parts (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GWHT ESS Tech, Inc. $6.3M — (loss-making) — (loss-making) −96.90% (below 0%: shrinking) n/m +27.83% (above 0%: growing) (10,165.75%) (20,731.51%) Compare
NXUR Nxu, Inc. $6.1M — (loss-making) 27.1× −75.00% (below 0%: shrinking) n/m +61.06% (above 0%: growing) (2,100.00%) (256,000.00%) Compare
CCTG CCSC Technology International Holdings Limited $3.8M — — — — −99.66% (below 0%: shrinking) — — Compare
DFLI Dragonfly Energy Holdings Corp. $3.3M — (loss-making) — (loss-making) −19.01% (below 0%: shrinking) n/m +47.29% (above 0%: growing) 33.00% (22.03%) Compare
XPON Expion Energy, Inc. $2.7M — (loss-making) — (loss-making) −32.10% (below 0%: shrinking) n/m −270.31% (below 0%: shrinking) 32.43% (64.10%) Compare
POLA Polar Power, Inc. $1.4M — (loss-making) — (loss-making) −62.37% (below 0%: shrinking) n/m +104.95% (above 0%: growing) (33.07%) (163.98%)
ELPW Elong Power Holding Limited $1.2M — — — n/m +54.73% (above 0%: growing) — — Compare
LNKS Linkers Industries Limited $1.1M — — — — −360.36% (below 0%: shrinking) — — Compare
RAYA Erayak Power Solution Group Inc. $1.1M — — — — −239.02% (below 0%: shrinking) 28.99% 0.00% Compare
Median of peers $3.0M — — −53.55% — −35.91% 28.99% (64.10%)

All 55 Electrical Equipment & Parts stocks →

Pay and ownership Proxy statement filed 16 September 2026

Ownership

Directors and executive officers, together 19.00%
Arthur D. Sams 18.70%
CFI Capital LLC 9.99%
Monroe Street Capital Partners, LP 9.99%
Mandragola Ltd. 9.99%
LU2 Holdings LLC 9.99%
CL Investment Group LLC 9.99%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Polar Power, Inc. (POLA) Latest News

4 Nov

Impact 3 · · GlobeNewswire

19 Oct

Impact 4 · · GlobeNewswire

12 Oct

Impact 4 · · GlobeNewswire

6 Oct

Impact 4 · · PR Newswire

5 Oct

Impact 3 · · GlobeNewswire

29 Sep

Impact 4 · · GlobeNewswire

24 Sep

Impact 4 ·

31 Aug

Impact 3 ·

19 Aug

Impact 4 ·

12 Aug

Impact 3 ·

27 Jul

Impact 3 ·

2 Jun

Impact 3 · · GlobeNewswire

20 Jan

Impact 3 · · Associated Press Finance

21 Nov

Impact 4 · · GlobeNewswireEngadgetJust AutoFastCompanyEuronewsAssociated Press FinanceMT Newswires

20 Nov

Impact 4 · · GlobeNewswireMT NewswiresStockStoryGuruFocus.comGuruFocus.comStockStoryZacksGuruFocus.com
Impact 4 ·

28 Oct

Impact 4 · · GlobeNewswire

5 Sep

Impact 4 ·

4 Sep

Impact 4 · · GlobeNewswire

14 Aug

Impact 4 · · GlobeNewswire
Impact 3 · · GlobeNewswire

16 May

Impact 3 · earnings

1 Apr

Impact 3 · · GlobeNewswire

14 Nov

Impact 4 · · GlobeNewswire

29 Oct

Impact 4 · · GlobeNewswire

16 Oct

Impact 3 · · Newsfile

9 Oct

Impact 4 · · GlobeNewswire

30 Jul

Impact 4 · · GlobeNewswire

11 Jul

Impact 3 · · GlobeNewswire

15 May

Impact 3 · · GlobeNewswire
stockrow.com/POLA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com