Filing Flows › Polar Power (POLA) › Q1 2025
Polar Power (POLA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Polar Power (POLA) reported revenue of $1.7M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -34% from the quarter before. Operating margin was -63.9%, net loss $1.3M (73.4% of revenue).
Polar Power, Q1 2025: revenue $1.7M (-3% year over year), operating margin -63.9%, net loss $1.3M, operating cash flow −$584K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7M | -34% | -3% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | −$584K | — | — |
What changed
Revenue was $1.7M in Q1 2025, down 3% year over year and down 34% from the previous quarter. DC Power Systems was the largest line at 71% of revenue. DC Power Systems lost $337K year over year (down 22%), 648% of the total change.
Gross margin was 18.6%. Operating costs exceeded revenue by $1.1M, an operating margin of -63.9%. The fastest-growing cost line was Sales & marketing (+13%). The quarter ended with a net loss of $1.3M, narrower than the previous quarter's $3.0M loss.
Operating cash flow was −$584K. Non-cash charges added back $17K of depreciation and amortization and $577K of share-based compensation. Working capital and other items added $87K.
Questions
What was Polar Power's revenue in the first quarter 2025?
Polar Power (POLA) reported revenue of $1.7M for the first quarter 2025 (Q1 2025), -3% from a year earlier and -34% from the quarter before.
Was Polar Power profitable in the first quarter 2025?
Operating loss was $1.1M (-63.9% of revenue) and net loss $1.3M.
Source: Polar Power 10-Q on SEC EDGAR.