Filing Flows › Polar Power (POLA) › Q4 2024
Polar Power (POLA) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Polar Power (POLA) reported revenue of $2.6M for the fourth quarter 2024 (Q4 2024), -27% from a year earlier and -47% from the quarter before. Operating margin was -110.5%, net loss $3.0M (116.3% of revenue).
Polar Power, Q4 2024: revenue $2.6M (-27% year over year), operating margin -110.5%, net loss $3.0M, operating cash flow −$136K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6M | -47% | -27% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$3.0M | — | — |
| Operating cash flow | −$136K | — | — |
What changed
Revenue was $2.6M in Q4 2024, down 27% year over year and down 47% from the previous quarter. DC Power Systems was the largest line at 84% of revenue.
Operating costs exceeded revenue by $2.9M, an operating margin of -110.5%. Total costs fell 16% while revenue fell 27%. The quarter ended with a net loss of $3.0M, after a profit of $13K the previous quarter.
Operating cash flow was −$136K. Non-cash charges added back $21K of depreciation and amortization and $525K of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of $1K exceeded it, leaving free cash flow of −$137K.
Questions
What was Polar Power's revenue in the fourth quarter 2024?
Polar Power (POLA) reported revenue of $2.6M for the fourth quarter 2024 (Q4 2024), -27% from a year earlier and -47% from the quarter before.
Was Polar Power profitable in the fourth quarter 2024?
Operating loss was $2.9M (-110.5% of revenue) and net loss $3.0M.
Source: Polar Power 10-K on SEC EDGAR.