Polar Power, Inc. revenue
Polar Power, Inc.'s revenue was $6.3m in fiscal 2025, down 54.9% on the year before. Since fiscal 2016 ($22.8m) it has grown at a compound -13.3% a year. Over the last twelve months it was $4.6m.
Revenue history
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 14 | 24 | 25 | 9 | 17 | 16 | 15 | 14 | 6 | 5 |
| Growth on the year before | — | −36.8% | +66.8% | +3.1% | −63.6% | +87.1% | −5.0% | −4.8% | −8.7% | −54.9% | — |
| Gross profit | 10 | 5 | 7 | 5 | −6 | 3 | 2 | 1 | 1 | −3 | −4 |
| Gross margin | 44.7% | 33.0% | 30.9% | 19.8% | −62.3% | 20.4% | 13.2% | 4.5% | 9.4% | −50.1% | −78.1% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| DC Power Systems | $4.5M | 71.1% | ▼ 64.3% |
| Accessories | $1.7M | 26.4% | ▲ 65.2% |
| Engineering and Tech Support Services | $152,000 | 2.4% | ▼ 60.4% |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $5.9M | 93.4% | ▼ 51.4% |
| International Sales | $415,000 | 6.6% | ▼ 77.7% |
| United Kingdom Europe and Middle East (part of International Sales) | $309,000 | 74.5% | ▼ 13.7% |
| Australia South Pacific Islands (part of International Sales) | $41,000 | 9.9% | ▼ 97.0% |
| Canada (part of International Sales) | $34,000 | 8.2% | ▲ 1600.0% |
| Other Asia Pacific (part of International Sales) | $31,000 | 7.5% | 0.0% |
From Polar Power, Inc.'s 10-K filed April 15, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Polar Power, Inc. | $4.6m | -61.4% | -36.3% |
| Linkers Industries Ltd | $5.5m | 8.5% | — |
| Novonix Ltd | $5.6m | -4.1% | — |
| Laser Photonics Corp | $6.2m | -11.0% | 20.5% |
| Energy Focus, Inc | $6.5m | 53.5% | 13.8% |
| Clean Energy Technologies, Inc. | $2.6m | 89.4% | -8.2% |
Compare with peers
- Linkers Industries Ltd revenue
- Novonix Ltd revenue
- Laser Photonics Corp revenue
- Energy Focus, Inc revenue
- Clean Energy Technologies, Inc. revenue
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