Polar Power, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $6.3M | $14.0M | $15.3M | $16.1M | $16.9M |
| Gross profit | -$3.2M | $1.3M | $695,000 | $2.1M | $3.4M |
| Operating income | -$8.4M | -$4.4M | -$6.0M | -$5.5M | -$3.1M |
| Operating expenses | $5.3M | $5.7M | $6.7M | $7.7M | $6.5M |
| Cost of revenue | $9.5M | $12.7M | $14.6M | $13.9M | $13.5M |
| Cash from operations | -$1.1M | -$536,000 | -$3.4M | -$6.5M | -$9.4M |
| Capital expenditure | — | $19,000 | $194,000 | $25,000 | $71,000 |
| Free cash flow | — | -$555,000 | -$3.6M | -$6.5M | -$9.5M |
| Impairments | $455,000 | — | — | — | — |
| Total assets | $10.4M | $17.5M | $25.3M | $24.2M | $27.2M |
| Total liabilities | $10.3M | $9.0M | $12.1M | $6.0M | $3.9M |
Shares outstanding 3.6M · Free float 98.4%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.