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Polar Power (POLA) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 18, 2026

Polar Power (POLA) reported revenue of $1.0M for the second quarter 2026 (Q2 2026), -62% from a year earlier and -41% from the quarter before. Operating margin was -164.0%, net loss $1.8M (179.7% of revenue).

Revenue$1.0M
Year over year-62%
Quarter over quarter-41%
Operating margin-164.0%
Net earnings−$1.8M

Polar Power, Q2 2026: revenue $1.0M (-62% year over year), operating margin -164.0%, net loss $1.8M, operating cash flow $20K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.0M-41%-62%
Operating profit−$1.7M-7062%—
Net earnings−$1.8M——
Operating cash flow$20K——

What changed

Revenue was $1.0M in Q2 2026, down 62% year over year and down 41% from the previous quarter. DC Power Systems was the largest line at 73% of revenue. DC Power Systems lost $1.2M year over year (down 62%), 73% of the total change.

Operating costs exceeded revenue by $1.7M, an operating margin of -164.0%. The fastest-growing cost line was General & admin (+52%). The quarter ended with a net loss of $1.8M, wider than the previous quarter's $178K loss.

Operating cash flow was $20K. Non-cash charges added back $16K of depreciation and amortization and $441K of share-based compensation. Working capital and other items added $1.4M.

Questions

What was Polar Power's revenue in the second quarter 2026?

Polar Power (POLA) reported revenue of $1.0M for the second quarter 2026 (Q2 2026), -62% from a year earlier and -41% from the quarter before.

Was Polar Power profitable in the second quarter 2026?

Operating loss was $1.7M (-164.0% of revenue) and net loss $1.8M.

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Source: Polar Power 10-Q on SEC EDGAR.