Ideal Power vs Polar Power
Polar Power is the larger business, with $6.3m of revenue in fiscal 2025 against $37,728 for Ideal Power (167.1 times as much). Polar Power grew faster (-54.9% against -56.1%). Polar Power kept more of each dollar of sales as profit: a net margin of -144.9% against -28038.6%.
| Latest fiscal year | Ideal PowerIPWR, 2025 | Polar PowerPOLA, 2025 |
|---|---|---|
| Revenue | $37,728 | $6.3m |
| Revenue growth | -56.1% | -54.9% |
| Net income | −$10.6m | −$9.1m |
| Operating margin | — | -133.6% |
| Net margin | -28038.6% | -144.9% |
| Return on equity | -82.2% | — |
| Free cash flow | −$9.3m | −$1.1m |
| Cash | $6.1m | $200,000 |
| Total debt | $0 | $4.0m |
| Debt to equity | — | 2802.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 17 | 67 |
| Market value | $39.9m | $2.1m |
| Price vs our value range | — | — |
| Moat score | 11 (Weak) | 11 (Weak) |
| Insider trades, 12 months | 2 buys, 0 sales | 0 buys, 0 sales |