POLA — Polar Power Inc
NASDAQ · Industrials · Electrical Equipment & Parts
$1.40
+$0.01 (+0.72%)
Polar Power Inc (POLA) is a electrical equipment & parts company listed on NASDAQ. It is led by Arthur D. Sams, based in 249 East Gardena Boulevard, Gardena, CA, United States, 90248, with about 67 employees. Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States, Canada, Australia, the South Pacific Islands, Asia, Europe, the Middle East, the United Kingdom, and South Africa. The company offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems; and mobile power systems. It also provides global network management, aftermarket and service parts, and product and warranty services. The company serves telecommunications, military, commercial, industrial, and marine markets. It sells its products through a direct sales force, and independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California.
Latest reported POLA revenue for 2026-06-30 was $1.0M. Net income was -$1.8M. Revenue was down 41.0% from 2026-03-31 to 2026-06-30. POLA currently screens at market cap $6.1M.
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About Polar Power Inc
Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States, Canada, Australia, the South Pacific Islands, Asia, Europe, the Middle East, the United Kingdom, and South Africa. The company offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems; and mobile power systems. It also provides global network management, aftermarket and service parts, and product and warranty services. The company serves telecommunications, military, commercial, industrial, and marine markets. It sells its products through a direct sales force, and independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California.
POLA Key Statistics
Market Cap
$6.14M
Volume
432,422
Previous Close
$1.42
Day Range
$1.36 – $1.42
P/B Ratio
2.70
EPS
-$3.59
Revenue
$6.30M
Net Income
-$9.13M
Gross Profit
-$3.16M
Free Cash Flow
$0.00
Revenue Growth
-54.9%
Profit Margin
-144.9%
Debt to Equity
0.00
Employees
67
POLA Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2025 | FY2024 |
|---|---|---|
| Revenue | $6.30M | $13.97M |
| Cost of Revenue | $9.46M | $12.66M |
| Gross Profit | -$3.16M | $1.31M |
| Operating Income | -$8.42M | -$4.38M |
| Net Income | -$9.13M | -$4.68M |
| EPS (Diluted) | -$3.59 | -$1.86 |
Total Assets
$10.44M
Total Debt
$0.00
Shareholders' Equity
$144.00K
Cash & Equivalents
$200.00K
Operating Cash Flow
-$1.06M
Free Cash Flow
$0.00
Polar Power Inc Company Information
- Chairman of the Board, President, CEO & Secretary
- Arthur D. Sams
- Headquarters
- 249 East Gardena Boulevard, Gardena, CA, United States, 90248
- Website
- www.polarpower.com
- Phone
- 310 830 9153
- IPO / Founded
- 2016-12-07
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts