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Evolution Metals & Technologies vs Polar Power: EMAT and POLA compared
Evolution Metals & Technologies is the larger company: $1.6M of revenue in its latest quarter (Q2 2026) against $1.0M for Polar Power (Q2 2026). Polar Power is more profitable, with an operating margin of -164.0% against -744.9%.
Where the money goes: EMAT and POLA
Evolution Metals & Technologies (EMAT) · Q2 2026
Evolution Metals & Technologies, Q2 2026: revenue $1.6M, operating margin -744.9%, net loss $11.9M, operating cash flow −$9.2M. The chart follows the revenue to costs, profit and cash.
Polar Power (POLA) · Q2 2026
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.
| Evolution Metals & Technologies (EMAT) | Polar Power (POLA) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $1.6M | $1.0M |
| Revenue growth, Y/Y | — | -62% |
| Operating margin | -744.9% | -164.0% |
| Net earnings | −$11.9M | −$1.8M |
| Net margin | -728.0% | -179.7% |
| Operating cash flow | −$9.2M | $20K |
Where the revenue comes from
Evolution Metals & Technologies
- Korean Domestic Sales: $1.6M (97%)
- Export Sales: $49K (3%)
Polar Power
- DC Power Systems: $748K (73%)
- Accessories: $250K (25%)
- Engineering and Tech Support Services: $21K (2%)
Questions
Which is bigger, Evolution Metals & Technologies or Polar Power?
Evolution Metals & Technologies is the larger company: $1.6M of revenue in its latest quarter (Q2 2026) against $1.0M for Polar Power (Q2 2026).
Is Evolution Metals & Technologies or Polar Power growing faster?
Polar Power is more profitable, with an operating margin of -164.0% against -744.9%.
More: Evolution Metals & Technologies earnings · how Evolution Metals & Technologies makes money · Polar Power earnings · how Polar Power makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 17, 2026; 10-Q filed Aug 18, 2026). Fiscal quarters can end on different dates. Not investment advice.