Filing Flows › Polar Power (POLA) › Q1 2026
Polar Power (POLA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 20, 2026
Polar Power (POLA) reported revenue of $1.7M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and +188% from the quarter before. Operating margin was 1.4%, net loss $178K (10.3% of revenue).
Polar Power, Q1 2026: revenue $1.7M (+0.3% year over year), operating margin 1.4%, net loss $178K, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7M | +188% | +0.3% |
| Operating profit | $24K | — | — |
| Net earnings | −$178K | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $1.7M in Q1 2026, roughly flat year over year and up 188% from the previous quarter. DC Power Systems was the largest line at 87% of revenue. DC Power Systems added $280K year over year (up 23%), 5600% of the total change. Accessories declined 61%.
Gross margin was 65.7%, up 47.1 points from Q1 2025. Operating profit was $24K, a 1.4% margin (up 65.3 points year over year). Operating expenses fell 22% while revenue was flat. The quarter ended with a net loss of $178K, narrower than the previous quarter's $3.5M loss. Net interest and other expense of $202K was the main reason.
Operating cash flow was −$2.2M. Non-cash charges added back $16K of depreciation and amortization and $514K of share-based compensation. Working capital and other items used $2.5M.
Questions
What was Polar Power's revenue in the first quarter 2026?
Polar Power (POLA) reported revenue of $1.7M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and +188% from the quarter before.
Was Polar Power profitable in the first quarter 2026?
Operating profit was $24K (1.4% of revenue) and net loss $178K.
Source: Polar Power 10-Q on SEC EDGAR.