Polar Power (POLA) Revenue & Revenue Breakdown


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Polar Power Revenue Highlights


Latest Revenue (Y)

$13.97M

Latest Revenue (Q)

$1.72M

Polar Power Revenue by Period


Polar Power Revenue by Year

DateRevenueChange
2024-12-31$13.97M-8.65%
2023-12-31$15.29M-4.75%
2022-12-31$16.06M-4.97%
2021-12-31$16.90M87.09%
2020-12-31$9.03M-63.59%
2019-12-31$24.80M3.14%
2018-12-31$24.05M66.77%
2017-12-31$14.42M-36.76%
2016-12-31$22.80M233.03%
2015-12-31$6.85M31.64%
2014-12-31$5.20M-

Polar Power generated $13.97M in revenue during NA 2024, up -8.65% compared to the previous quarter, and up 56.33% compared to the same period a year ago.

Polar Power Revenue by Quarter

DateRevenueChange
2025-03-31$1.72M-34.29%
2024-12-31$2.62M-46.64%
2024-09-30$4.91M5.45%
2024-06-30$4.66M162.54%
2024-03-31$1.77M-50.76%
2023-12-31$3.60M88.64%
2023-09-30$1.91M-65.80%
2023-06-30$5.59M33.34%
2023-03-31$4.19M-34.18%
2022-12-31$6.37M272.93%
2022-09-30$1.71M-60.06%
2022-06-30$4.27M15.23%
2022-03-31$3.71M-19.77%
2021-12-31$4.62M11.77%
2021-09-30$4.14M-14.67%
2021-06-30$4.85M47.33%
2021-03-31$3.29M29.37%
2020-12-31$2.54M1.68%
2020-09-30$2.50M122.11%
2020-06-30$1.13M-60.63%
2020-03-31$2.86M225.56%
2019-12-31$878.49K-87.34%
2019-09-30$6.94M-24.87%
2019-06-30$9.24M19.23%
2019-03-31$7.75M-6.64%
2018-12-31$8.30M63.94%
2018-09-30$5.06M-12.98%
2018-06-30$5.82M19.37%
2018-03-31$4.87M22.41%
2017-12-31$3.98M31.35%
2017-09-30$3.03M24.09%
2017-06-30$2.44M-50.84%
2017-03-31$4.97M-31.74%
2016-12-31$7.28M-2.45%
2016-09-30$7.46M59.43%
2016-06-30$4.68M38.10%
2016-03-31$3.39M37.03%
2015-12-31$2.47M10.30%
2015-09-30$2.24M-

Polar Power generated $1.72M in revenue during Q1 2025, up -34.29% compared to the previous quarter, and up 47.79% compared to the same period a year ago.

Polar Power Revenue Breakdown


Polar Power Revenue Breakdown by Product

Quarterly Revenue by Product

Product/ServiceMar 25
Accessories$493.00K
DC Power Systems$1.23M

Polar Power's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: DC Power Systems (71.39%), and Accessories (28.61%).

Polar Power Revenue Breakdown by Country

Quarterly Revenue by Country

CountryMar 25
CANADA$1.00K
Europe and Middle East$295.00K
UNITED STATES$1.42M

Polar Power's latest quarterly revenue breakdown by geography, as of Mar 25: UNITED STATES (82.76%), Europe and Middle East (17.18%), and CANADA (0.06%).

Polar Power Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CBATCBAK Energy$176.61B$25.37M
ENSEnerSys$3.58B$906.15M
KEKimball Electronics$1.71B$357.39M
HAYWHayward$1.05B$228.84M
FCELFuelCell Energy$112.13M$19.00M
FLUXFlux Power$60.82M$16.83M
DFLIDragonfly Energy$50.65M$13.36M
EPOWSunrise New Energy$45.05M$24.34M
PPSIPioneer Power Solutions$22.88M$6.74M
EOSEEos Energy Enterprises$15.61M$7.25M
POLAPolar Power$13.97M$1.72M
LTBRLightbridge--

POLA Revenue FAQ


What is Polar Power’s yearly revenue?

Polar Power's yearly revenue for 2024 was $13.97M, representing a decrease of -8.65% compared to 2023. The company's yearly revenue for 2023 was $15.29M, representing a decrease of -4.75% compared to 2022. POLA's yearly revenue for 2022 was $16.06M, representing a decrease of -4.97% compared to 2021.

What is Polar Power’s quarterly revenue?

Polar Power's quarterly revenue for Q1 2025 was $1.72M, a -34.29% decrease from the previous quarter (Q4 2024), and a -2.93% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $2.62M, a -46.64% decrease from the previous quarter (Q3 2024), and a -27.27% decrease year-over-year (Q4 2023). POLA's quarterly revenue for Q3 2024 was $4.91M, a 5.45% increase from the previous quarter (Q2 2024), and a 157.14% increase year-over-year (Q3 2023).

What is Polar Power’s revenue growth rate?

Polar Power's revenue growth rate for the last 3 years (2022-2024) was -12.99%, and for the last 5 years (2020-2024) was 54.69%.