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Polar Power (POLA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Apr 15, 2026

Polar Power (POLA) reported revenue of $600K for the fourth quarter 2025 (Q4 2025), -77% from a year earlier and -53% from the quarter before. Operating margin was -555.7%, net loss $3.5M (585.3% of revenue).

Revenue$600K
Year over year-77%
Quarter over quarter-53%
Operating margin-555.7%
Net earnings−$3.5M

Polar Power, Q4 2025: revenue $600K (-77% year over year), operating margin -555.7%, net loss $3.5M, operating cash flow −$472K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$600K-53%-77%
Operating profit−$3.3M——
Net earnings−$3.5M——
Operating cash flow−$472K-218%—

What changed

Revenue was $600K in Q4 2025, down 77% year over year and down 53% from the previous quarter. DC Power Systems was the largest line at 61% of revenue.

Operating costs exceeded revenue by $3.3M, an operating margin of -555.7%. Total costs fell 29% while revenue fell 77%. The quarter ended with a net loss of $3.5M, narrower than the previous quarter's $4.1M loss.

Operating cash flow was −$472K. Non-cash charges added back $16K of depreciation and $533K of share-based compensation. Working capital and other items added $2.5M.

Questions

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

Polar Power (POLA) reported revenue of $600K for the fourth quarter 2025 (Q4 2025), -77% from a year earlier and -53% from the quarter before.

Was Polar Power profitable in the fourth quarter 2025?

Operating loss was $3.3M (-555.7% of revenue) and net loss $3.5M.

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Source: Polar Power 10-K on SEC EDGAR.