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Polar Power, Inc. income statement

In fiscal 2025, Polar Power, Inc. reported revenue of $6.3m, down 54.9% on the year before, operating income of −$8.4m (a -133.6% margin) and net income of −$9.1m, or −$3.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2314242591716151465
Cost of revenue—101720151314151398
Gross profit10575−63211−3−4
Research and development01222211111
Selling and marketing01332111111
General and administrative23444354434
Operating income7−1−1−4−13−3−6−6−4−8−9
Interest expense00000001111
Income before tax7−1−1−4−13−1—————
Income tax3—0—−2——————
Net income4−1−1−4−11−1−6−7−5−9−10
Diluted EPS$4.06−$0.49−$0.56−$2.80−$7.07−$0.77−$3.01−$3.45−$1.86−$3.59−$3.11
Diluted shares (average)1m1m1m1m2m2m2m2m3m3m3m
EBITDA8−1−1−3−12−3−5−6−4−8−9

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Polar Power, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Polar Power, Inc.