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Polar Power (POLA) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 19, 2025

Polar Power (POLA) reported revenue of $1.3M for the third quarter 2025 (Q3 2025), -74% from a year earlier and -53% from the quarter before. Operating margin was -304.6%, net loss $4.1M (320.9% of revenue).

Revenue$1.3M
Year over year-74%
Quarter over quarter-53%
Operating margin-304.6%
Net earnings−$4.1M

Polar Power, Q3 2025: revenue $1.3M (-74% year over year), operating margin -304.6%, net loss $4.1M, operating cash flow $399K. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$1.3M-53%-74%
Operating profit−$3.9M——
Net earnings−$4.1M——
Operating cash flow$399K——

What changed

Revenue was $1.3M in Q3 2025, down 74% year over year and down 53% from the previous quarter. DC Power Systems was the largest line at 71% of revenue. DC Power Systems lost $3.4M year over year (down 79%), 95% of the total change.

Operating costs exceeded revenue by $3.9M, an operating margin of -304.6%. The quarter ended with a net loss of $4.1M, wider than the previous quarter's $271K loss.

Operating cash flow was $399K. Non-cash charges added back $17K of depreciation and amortization and $540K of share-based compensation. Working capital and other items added $3.9M.

Questions

What was Polar Power's revenue in the third quarter 2025?

Polar Power (POLA) reported revenue of $1.3M for the third quarter 2025 (Q3 2025), -74% from a year earlier and -53% from the quarter before.

Was Polar Power profitable in the third quarter 2025?

Operating loss was $3.9M (-304.6% of revenue) and net loss $4.1M.

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Source: Polar Power 10-Q on SEC EDGAR.