One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
Polar Power logo
Polar Power POLA
$ 0.84 0.73%
report update icon

Quarterly report 2026-Q2
added 08-18-2026

Polar Power Financial Statements 2025-2011 | POLA

Annual Financial Statements Polar Power

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

4.52 M 6.07 M 949 K 15.7 M 40.2 M 212 M 30.3 M 50.9 M 45.1 M 62.2 M - - - - -

Shares

2.54 M 2.51 M 1.9 M 12.9 M 12.7 M 10.8 M 10.1 M 10.1 M 10.1 M 7.56 M - - - - -

Historical Prices

1.78 2.42 0.5 1.22 3.16 12.8 2.56 4.85 4.17 8.72 - - - - -

Net Income

-9.13 M -4.68 M -6.55 M -5.58 M -1.41 M -10.9 K -4.04 M -848 K -757 K 4.4 M -33.3 K 575 K - - -

Revenue

6.3 M 14 M 15.3 M 16.1 M 16.9 M 9.03 K 24.8 M 24 M 14.4 M 22.8 M 6.85 M 5.2 M - - -

Cost of Revenue

9.46 M 12.7 M 14.6 M 13.9 M 13.5 M 14.7 M 19.9 M 16.6 M 9.66 M - - - - - -

Gross Profit

-3.16 M 1.31 M 695 K 2.12 M 3.44 M -5.62 K 4.92 M 7.43 M 4.76 M 10.2 M 2.41 M 1.91 M - - -

Operating Income

-8.42 M -4.38 M -5.99 M -5.53 M -3.1 M -13 M -3.98 M -1.1 M -802 K 7.4 M - - - - -

Interest Expense

10 K 126 K 559 K 58 K 60 K 60 K 103 K 20.2 K 17.8 K 113 K - - - - -

EBITDA

-8.36 M -4.21 M -5.6 M -5.03 M -2.55 M -12.3 K -2.69 M -713 K -771 K 7.43 M 450 K 1.06 M - - -

Operating Expenses

5.27 M 5.69 M 6.68 M 7.66 M 6.54 M 7.34 K 8.9 M 8.53 M 5.56 M 2.78 M 2.11 M 948 K - - -

General and Administrative Expenses

3.36 M 3.91 M 4.29 M 4.73 M 3.07 M 4.06 K 4 M 4.04 M 2.85 M 2.11 M 1.45 M 553 K - - -

All numbers in USD currency

Quarterly Income Statement Polar Power

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

2.51 M 3.48 M - 2.51 M 2.51 M 2.51 M 2.51 M 2.51 M 2.51 M 2.51 M 17.6 M 12.9 M 12.9 M 12.9 M 12.9 M 12.8 M 12.8 M 12.8 M 12.8 M 12.8 M 12.8 M 12.5 M 11.8 M 11.3 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 10.1 M 7.38 M 7.38 M 7.38 M - - - - - - - - - - - - - - - - - - - -

Net Income

-271 K -178 K - -4.08 M -271 K -1.26 M - 13 K 501 K -2.14 M - -1.84 M -436 K -1.11 M - -2.38 M -739 K -1.12 M - 942 K -866 K -1.9 M - -4.72 M -2.3 M -201 K - 48 K 567 K 71 K - -757 K 223 K -319 K - -410 K -349 K 593 K - 1.78 M 362 K 576 K - - - - - - - - - - - - - - - - - - - -

Revenue

2.71 M 1.73 M - 1.27 M 2.71 M 1.72 M - 4.91 M 4.66 M 1.78 M - 1.91 M 5.59 M 4.19 M - 1.71 M 4.27 M 3.71 M - 4.14 M 4.85 M 3.29 M - 2.5 M 1.13 M 2.86 M - 6.94 M 9.24 M 7.75 M - 5.06 M 5.82 M 4.87 M - 3.03 M 2.44 M 4.97 M - - - - - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

1.78 M 593 K - 3.53 M 1.78 M 1.4 M - 3.49 M 2.83 M 2.18 M - 2.02 M 4.11 M 3.44 M - 1.95 M 3.21 M 2.8 M - 3.17 M 3.88 M 3.35 M - 5.2 M 1.84 M 3.02 M - 4.71 M 6.27 M 5.36 M - 3.53 M 3.75 M 3.39 M - 2.2 M 1.67 M 3.05 M - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

930 K 1.14 M - -2.26 M 930 K 320 K - 1.42 M 1.83 M -402 K - -108 K 1.48 M 755 K - -247 K 1.06 M 905 K - 966 K 967 K -58 K - -2.7 M -711 K -160 K - 2.23 M 2.96 M 2.39 M - 1.53 M 2.06 M 1.48 M - 829 K 768 K 1.92 M - 3.4 M 1.45 M 1.44 M - - - - - - - - - - - - - - - - - - - -

Operating Income

-110 K 24 K - -3.88 M -110 K -1.1 M - 40 K 460 K -1.98 M - -1.67 M -310 K -1.04 M - -2.38 M -725 K -1.11 M - -762 K -865 K -1.9 M - -4.71 M -2.3 M -2.32 M - 43 K 573 K 79 K - -764 K 238 K -327 K - -689 K -585 K 966 K - 2.63 M 775 K 952 K - - - - - - - - - - - - - - - - - - - -

Interest Expense

- - - -208 K -161 K - - -28 K 41 K 163 K - 171 K 126 K 78 K - 12 K 14 K 13 K - 14 K 15 K 16 K - 11 K 14 K 21 K - 14 K 10 K 11 K - 2.78 K 2.39 K 3.01 K - 4.46 K 5.42 K 4.78 K - 32.6 K 39.8 K 24 K - - - - - - - - - - - - - - - - - - - -

EBITDA

-94 K 40 K - -3.86 M -93 K -1.08 M - 65 K 515 K -1.91 M - -1.59 M -200 K -919 K - -2.25 M -596 K -972 K - -628 K -708 K -1.75 M - -4.56 M -2.14 M -2.16 M - 207 K 725 K 222 K - -649 K 317 K -251 K - -623 K -524 K 1.03 M - 2.69 M 830 K 993 K - - - - - - - - - - - - - - - - - - - -

Operating Expenses

1.04 M 1.11 M - 1.62 M 1.04 M 1.42 M - 1.38 M 1.37 M 1.58 M - 1.56 M 1.78 M 1.79 M - 2.13 M 1.79 M 2.01 M - 1.73 M 1.83 M 1.84 M - 2.01 M 1.58 M 2.16 M - 2.19 M 2.39 M 2.31 M - 2.29 M 1.82 M 1.81 M - 1.52 M 1.35 M 950 K - 762 K 676 K 486 K - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

710 K 783 K - 807 K 710 K 1 M - 960 K 913 K 1.13 M - 992 K 1.14 M 1.11 M - 1.48 M 1.04 M 1.13 M - 823 K 990 K 982 K - 1.08 M 904 K 1.17 M - 936 K 1.15 M 1.12 M - 1 M 848 K 737 K - 634 K 684 K 671 K - 597 K 515 K 364 K - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements Polar Power POLA
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting Polar Power plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Electrical equipment industry

Issuer Price % 24h Market Cap Country
Европейская Электротехника Европейская Электротехника
EELT
- - - russiaRussia
ТАНТАЛ ТАНТАЛ
TANL
- - - russiaRussia
Группа Элемент Группа Элемент
ELMT
- - - russiaRussia
FuelCell Energy FuelCell Energy
FCEL
$ 13.0 4.55 % $ 335 M usaUSA
AZZ AZZ
AZZ
$ 129.56 0.32 % $ 3.88 B usaUSA
Bloom Energy Corporation Bloom Energy Corporation
BE
$ 221.31 0.45 % $ 53.2 B usaUSA
Encore Wire Corporation Encore Wire Corporation
WIRE
- - $ 4.89 B usaUSA
CBAK Energy Technology CBAK Energy Technology
CBAT
$ 1.03 1.64 % $ 91.9 M chinaChina
Energizer Holdings Energizer Holdings
ENR
$ 21.7 0.95 % $ 1.54 B usaUSA
EnerSys EnerSys
ENS
$ 168.72 0.02 % $ 6.32 B usaUSA
Eos Energy Enterprises Eos Energy Enterprises
EOSE
$ 1.82 10.77 % $ 475 M usaUSA
Servotronics Servotronics
SVT
- -0.32 % $ 116 M usaUSA
Hollysys Automation Technologies Ltd. Hollysys Automation Technologies Ltd.
HOLI
- 0.04 % $ 1.61 B chinaChina
Lightbridge Corporation Lightbridge Corporation
LTBR
$ 5.21 0.93 % $ 174 M usaUSA
Badger Meter Badger Meter
BMI
$ 126.48 1.17 % $ 3.72 B usaUSA
Orion Energy Systems Orion Energy Systems
OESX
$ 22.52 0.24 % $ 80.2 M usaUSA
GrafTech International Ltd. GrafTech International Ltd.
EAF
$ 7.1 0.34 % $ 185 M usaUSA
Acuity Brands Acuity Brands
AYI
$ 303.25 0.52 % $ 9.36 B usaUSA
Plug Power Plug Power
PLUG
$ 1.38 2.41 % $ 1.58 B usaUSA
Pioneer Power Solutions Pioneer Power Solutions
PPSI
$ 2.71 0.23 % $ 30.1 M usaUSA
RF Industries, Ltd. RF Industries, Ltd.
RFIL
$ 7.03 0.36 % $ 74.9 M usaUSA
Ideal Power Ideal Power
IPWR
$ 2.98 1.84 % $ 27.2 M usaUSA
Vertiv Holdings Co. Vertiv Holdings Co.
VRT
$ 206.42 0.18 % $ 78.8 B usaUSA
Advanced Energy Industries Advanced Energy Industries
AEIS
$ 238.05 1.56 % $ 8.95 B usaUSA
Belden Belden
BDC
$ 102.83 0.23 % $ 4.07 B usaUSA
Hubbell Incorporated Hubbell Incorporated
HUBB
$ 461.1 0.07 % $ 24.5 B usaUSA
Espey Mfg. & Electronics Corp. Espey Mfg. & Electronics Corp.
ESP
$ 55.58 0.07 % $ 144 M usaUSA
nVent Electric plc nVent Electric plc
NVT
$ 142.03 0.27 % $ 23.1 B britainBritain
Preformed Line Products Company Preformed Line Products Company
PLPC
$ 352.91 1.58 % $ 1.74 B usaUSA
Powell Industries Powell Industries
POWL
$ 165.14 0.76 % $ 1.99 B usaUSA
Ocean Power Technologies Ocean Power Technologies
OPTT
$ 0.61 4.7 % $ 119 M usaUSA
Asia Pacific Wire & Cable Corporation Limited Asia Pacific Wire & Cable Corporation Limited
APWC
$ 1.27 0.78 % $ 26.2 M taiwanTaiwan
Ault Global Holdings, Inc. Ault Global Holdings, Inc.
DPW
- -7.98 % $ 123 M usaUSA
Flux Power Holdings Flux Power Holdings
FLUX
$ 0.42 0.38 % $ 8.33 M usaUSA
Kimball Electronics Kimball Electronics
KE
$ 25.86 1.14 % $ 634 M usaUSA