Saturday 17 October 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. In the quarter to June 2026, revenue fell 62.4%, EPS fell 345.5%, free cash flow grew 105.0% and total debt fell 48.5%, each against the same quarter a year earlier.

0.84 0.12 −12.50%

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Market cap: $4.1M
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 Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	14.78
Piotroski F-Score Full definition →	2	5	2	1	5	1	4	2	2	6
P/S ratio Full definition →	0.67	0.57	0.35	1.03	2.70	5.73	0.97	2.04	3.53	2.85
Altman Z-Score Full definition →	(7.14)	(1.43)	(0.77)	1.32	7.46	2.75	4.05	12.25	20.58	16.69
P/FCF ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	196.72
Altman Z″-Score (non-manufacturers) Full definition →	(17.90)	(3.69)	(0.70)	3.78	9.08	(1.47)	6.99	13.77	21.02	16.40
P/Operating CF Full definition →	(8.99)	(59.03)	(15.37)	(8.35)	(18.29)	(130.60)	(35.56)	(10.78)	(130.06)	94.46
Beneish M-Score Full definition →	—	(4.47)	0.64	(2.93)	(2.40)	—	6.61	(0.35)	(2.56)	0.03
P/B ratio Full definition →	29.47	0.94	0.40	0.91	1.96	4.50	1.31	2.19	2.22	2.75
Price to Tangible BV Full definition →	29.47	0.94	0.40	0.91	1.96	4.50	1.31	2.19	2.22	2.75
EV/Sales Full definition →	1.28	0.88	0.59	1.13	2.47	5.79	0.93	1.90	2.66	2.22
EV/EBITDA Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.64
EV/Operating CF Full definition →	(7.62)	(23.01)	(2.63)	(2.80)	(4.44)	(7.99)	(10.61)	(5.83)	(24.16)	80.63
EV/FCF Full definition →	(6.68)	(17.98)	(2.40)	(2.73)	(4.34)	(7.81)	(8.72)	(5.35)	(18.61)	152.84
Quick Ratio Full definition →	0.05	0.31	0.49	0.88	3.57	1.15	1.46	7.28	11.97	7.54
Current Ratio Full definition →	0.97	1.82	2.15	3.92	7.41	3.24	6.98	11.91	15.80	9.37
Net Debt/EBITDA Full definition →	(0.46)	(1.02)	(0.66)	(0.34)	1.52	(0.05)	0.41	6.21	25.56	(2.09)
Debt/Assets Full definition →	38.67%	27.34%	16.78%	8.02%	4.53%	12.50%	7.32%	4.79%	0.97%	1.31%
Debt/Equity Full definition →	28.03	0.56	0.32	0.11	0.05	0.19	0.09	0.05	0.01	0.01
Asset Turnover Full definition →	0.45	0.65	0.62	0.63	0.75	0.44	1.02	0.97	0.56	1.45
Operating CF/Net income Full definition →	0.12	0.11	0.52	1.17	6.63	0.60	0.54	9.25	2.10	0.14
Capex/Depreciation Full definition →	0.00	(0.11)	(0.50)	(0.05)	(0.13)	(0.03)	(0.26)	(1.49)	(1.34)	(1.43)
Interest Coverage Full definition →	(11.70)	(6.74)	(10.72)	(95.40)	(51.63)	(216.07)	(38.66)	(54.40)	(45.06)	65.75
ROE Full definition →	(211.02%)	(43.10%)	(41.75%)	(26.96%)	(8.14%)	(72.80%)	(19.85%)	(3.75%)	(3.25%)	33.99%
ROA Full definition →	(65.28%)	(21.85%)	(26.48%)	(21.74%)	(6.29%)	(52.57%)	(16.58%)	(3.41%)	(2.96%)	28.03%
ROIC Full definition →	(132.27%)	(21.34%)	(22.18%)	(17.37%)	(9.99%)	(67.13%)	(14.42%)	(3.83%)	(5.61%)	59.64%
Return on Tangible Assets Full definition →	6,815.67%	(64.66%)	(54.03%)	(31.19%)	(6.21%)	(93.55%)	(21.83%)	(3.65%)	(3.30%)	18.61%
Average Days of Receivables Full definition →	19.11	56.25	106.52	114.05	151.87	143.36	17.15	128.15	93.35	70.50
Research and Development Expense of Revenue Full definition →	10.25%	5.52%	7.99%	9.09%	11.75%	19.08%	9.18%	7.93%	9.26%	0.94%
Selling, General and Administrative Expense of Revenue Full definition →	66.09%	35.20%	35.72%	38.60%	26.97%	62.21%	26.71%	27.54%	29.33%	11.13%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	3.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	(0.06)	0.82	1.87	1.05	0.47	0.16	0.58	0.41	0.43	0.35
Graham Number Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	44.78
Earnings Yield Full definition →	(214.97%)	(57.50%)	(124.96%)	(35.15%)	(3.21%)	(20.91%)	(16.73%)	(1.65%)	(1.39%)	6.77%
Free Cash Flow Yield Full definition →	(28.55%)	(8.55%)	(70.63%)	(40.41%)	(21.09%)	(12.95%)	(10.94%)	(17.46%)	(4.05%)	0.51%
Revenue per Share Full definition →	2.48	5.57	8.05	8.72	9.29	5.84	17.14	16.59	9.95	21.09
Operating CF per Share Full definition →	(0.42)	(0.21)	(1.81)	(3.54)	(5.16)	(4.24)	(1.50)	(5.41)	(1.09)	0.58
Capex per Share Full definition →	0.00	(0.01)	(0.10)	(0.01)	(0.04)	(0.01)	(0.23)	(0.40)	(0.24)	(0.27)
Free Cash Flow per Share Full definition →	(0.42)	(0.22)	(1.91)	(3.55)	(5.20)	(4.25)	(1.73)	(5.81)	(1.33)	0.31
Cash per Share Full definition →	0.08	0.20	0.29	0.11	2.81	1.06	1.96	3.89	9.80	15.03
Shareholders Equity per Share Full definition →	0.06	3.39	6.95	9.88	12.79	7.43	12.70	15.44	15.80	21.88
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	0.06	3.39	6.95	9.88	12.79	7.43	12.70	15.44	15.80	21.88
Free Cash Flow Full definition →	(1.06)	(0.55)	(3.62)	(6.53)	(9.45)	(6.57)	(2.50)	(8.42)	(1.93)	0.33
Working Capital Full definition →	(0.26)	7.04	11.78	17.37	21.76	10.12	16.43	21.09	22.12	22.92
Capital Expenditures Full definition →	—	(0.02)	(0.19)	(0.02)	(0.07)	(0.02)	(0.34)	(0.57)	(0.34)	(0.30)
Net Current Asset Value Full definition →	(0.26)	6.56	9.92	17.31	21.22	8.34	14.00	20.17	21.99	22.69
EV/EBIT Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.83
Capex to Sales Full definition →	0.00	0.00	0.01	0.00	0.00	0.00	0.01	0.02	0.02	0.01
Price to Operating Income Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.79
Other line items
Depreciation/Fixed assets Full definition →	0.52	0.85	1.13	0.94	0.54	0.42	0.61	0.18	0.31	0.28
Cash ROIC Full definition →	(24.22%)	(4.02%)	(20.16%)	(32.13%)	(31.95%)	(42.75%)	(10.92%)	(28.82%)	(5.17%)	0.82%
Accounts Receivable Turnover Full definition →	5.08	4.22	3.23	2.67	3.19	3.83	5.16	3.96	3.56	7.73
Accounts Payable Turnover Full definition →	6.49	11.66	14.66	49.93	42.10	33.08	24.23	18.22	13.63	29.97
Inventory Turnover Full definition →	0.85	0.86	0.91	1.14	1.49	1.27	1.78	2.38	1.87	3.64
Average Days of Payables Full definition →	96.69	11.77	44.06	6.03	8.90	7.75	10.56	23.43	28.64	19.07
Days of Inventory on Hand Full definition →	363.65	371.84	413.11	405.06	244.68	226.51	255.40	186.11	207.38	139.97
Average Receivables Full definition →	1.24	3.31	4.74	6.02	5.29	2.36	4.80	6.07	4.05	2.95
Average Payables Full definition →	1.46	1.09	1.00	0.28	0.32	0.44	0.82	0.91	0.71	0.42
Average Inventory Full definition →	11.16	14.71	15.99	12.24	9.06	11.50	11.19	6.98	5.16	3.47
Average Assets Full definition →	13.99	21.40	24.72	25.68	22.49	20.68	24.40	24.88	25.58	15.71
Average Common Equity Full definition →	4.33	10.85	15.69	20.72	17.37	14.93	20.38	22.64	23.28	12.95

Fold the line items

Columns are period end dates

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