POLANasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesFiscal year ends December 31

Polar Power, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 18, 2026

$0.89+0.05 (+6.37%)

Close on Oct 19, 2026

Market cap: $3.31M
P/E (TTM): –
Dividend yield: –

Polar Power, Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31
Revenue	6.30	14	15	16	17	9.03	25	24	14	23
Cost of Revenue	9.46	13	15	14	13	15	20	17	9.66	13
Gross Profit	-3.16	1.31	0.70	2.13	3.45	-5.62	4.92	7.43	4.76	10
Research & Development	0.65	0.77	1.22	1.46	1.99	1.72	2.28	1.91	1.33	0.21
Selling, General & Admin	4.17	4.92	5.46	6.20	4.56	5.62	6.63	6.62	4.23	2.54
Selling & Marketing	0.81	1.01	1.17	1.47	1.49	1.56	2.62	2.58	1.35	0.42
General & Administrative	3.36	3.91	4.29	4.73	3.07	4.06	4.00	4.04	2.88	2.11
Operating Expenses	5.27	5.69	6.69	7.66	6.54	7.34	8.90	8.53	5.56	2.78
Operating Income	-8.42	-4.38	-5.99	-5.53	-3.10	-13	-3.98	-1.10	-0.80	7.40
Interest Expense	0.72	0.65	0.56	0.06	0.06	0.06	0.10	0.02	0.02	0.11
Interest & Investment Income	–	0.22	–	–	–	–	–	0.06	0.05	–
Other Non-Operating Income	-0.71	-0.30	-0.56	-0.05	1.68	-0.05	-0.06	0.04	0.04	-0.14
Asset Impairment Charges	0.46	–	–	–	–	–	–	–	–	–
Pretax Income	–	–	–	–	-1.41	-13	-4.05	-1.06	-0.76	7.26
Income Tax Expense	–	–	–	–	–	-2.14	–	0.22	–	2.86
Net Income	-9.13	-4.68	-6.55	-5.58	-1.41	-11	-4.05	-0.85	-0.76	4.40
EPS (Basic)(per share)	-3.59	-1.86	-3.45	-3.01	-0.77	-7.07	-2.80	-0.56	-0.49	4.06
EPS (Diluted)(per share)	-3.59	-1.86	-3.45	-3.01	-0.77	-7.07	-2.80	-0.56	-0.49	4.06
Shares Outstanding (Basic, Weighted)(shares)	2.54	2.51	1.90	1.84	1.82	1.55	1.45	1.45	1.45	1.08
Shares Outstanding (Diluted, Weighted)(shares)	2.54	2.51	1.90	1.84	1.82	1.55	1.45	1.45	1.45	1.08
EBITDA	-8.36	-4.21	-5.60	-5.03	-2.55	-12	-3.35	-0.71	-0.55	7.61

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: -78.1%
Operating margin: -191.7%
Net margin: -207.9%
Return on equity, FY2025: -211.0%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: –
Price to sales: 0.72
Price to book: 3.86
Dividend yield: –