Polar Power (POLA) Revenue & Revenue Breakdown
Polar Power Revenue Highlights
Latest Revenue (Y)
$15.29M
Latest Revenue (Q)
$4.66M
Polar Power Revenue by Period
Polar Power Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $15.29M | -4.75% |
| 2022-12-31 | $16.06M | -4.97% |
| 2021-12-31 | $16.90M | 87.09% |
| 2020-12-31 | $9.03M | -63.59% |
| 2019-12-31 | $24.80M | 3.14% |
| 2018-12-31 | $24.05M | 66.77% |
| 2017-12-31 | $14.42M | -36.76% |
| 2016-12-31 | $22.80M | 233.03% |
| 2015-12-31 | $6.85M | 31.64% |
| 2014-12-31 | $5.20M | - |
Polar Power generated $15.29M in revenue during NA 2023, up -4.75% compared to the previous quarter, and up 63.60% compared to the same period a year ago.
Polar Power Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $4.66M | 162.54% |
| 2024-03-31 | $1.77M | -50.76% |
| 2023-12-31 | $3.60M | 88.64% |
| 2023-09-30 | $1.91M | -65.80% |
| 2023-06-30 | $5.59M | 33.34% |
| 2023-03-31 | $4.19M | -34.18% |
| 2022-12-31 | $6.37M | 272.93% |
| 2022-09-30 | $1.71M | -60.06% |
| 2022-06-30 | $4.27M | 15.23% |
| 2022-03-31 | $3.71M | -19.77% |
| 2021-12-31 | $4.62M | 11.77% |
| 2021-09-30 | $4.14M | -14.67% |
| 2021-06-30 | $4.85M | 47.33% |
| 2021-03-31 | $3.29M | 29.37% |
| 2020-12-31 | $2.54M | 1.68% |
| 2020-09-30 | $2.50M | 122.11% |
| 2020-06-30 | $1.13M | -60.63% |
| 2020-03-31 | $2.86M | 225.56% |
| 2019-12-31 | $878.49K | -87.34% |
| 2019-09-30 | $6.94M | -24.87% |
| 2019-06-30 | $9.24M | 19.23% |
| 2019-03-31 | $7.75M | -6.64% |
| 2018-12-31 | $8.30M | 63.94% |
| 2018-09-30 | $5.06M | -12.98% |
| 2018-06-30 | $5.82M | 19.37% |
| 2018-03-31 | $4.87M | 22.41% |
| 2017-12-31 | $3.98M | 31.35% |
| 2017-09-30 | $3.03M | 24.09% |
| 2017-06-30 | $2.44M | -50.84% |
| 2017-03-31 | $4.97M | -31.74% |
| 2016-12-31 | $7.28M | -2.45% |
| 2016-09-30 | $7.46M | 59.43% |
| 2016-06-30 | $4.68M | 38.10% |
| 2016-03-31 | $3.39M | 37.03% |
| 2015-12-31 | $2.47M | 10.30% |
| 2015-09-30 | $2.24M | - |
Polar Power generated $4.66M in revenue during Q2 2024, up 162.54% compared to the previous quarter, and up 111.22% compared to the same period a year ago.
Polar Power Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ENS | EnerSys | $3.58B | $910.72M |
| KE | Kimball Electronics | $1.71B | $425.04M |
| HAYW | Hayward | $992.45M | $284.39M |
| HOLI | Hollysys Automation | $777.37M | $183.59M |
| CBAT | CBAK Energy | $204.44M | $47.79M |
| FCEL | FuelCell Energy | $123.39M | $22.42M |
| FLUX | Flux Power | $66.34M | $14.46M |
| DFLI | Dragonfly Energy | $64.39M | $13.21M |
| EPOW | Sunrise New Energy | $45.05M | $24.34M |
| PPSI | Pioneer Power Solutions | $40.80M | $7.72M |
| EOSE | Eos Energy Enterprises | $16.38M | $898.00K |
| POLA | Polar Power | $15.29M | $4.66M |
| LTBR | Lightbridge | - | - |
POLA Revenue FAQ
What is Polar Power’s yearly revenue?
Polar Power's yearly revenue for 2023 was $15.29M, representing a decrease of -4.75% compared to 2022. The company's yearly revenue for 2022 was $16.06M, representing a decrease of -4.97% compared to 2021. POLA's yearly revenue for 2021 was $16.9M, representing an increase of 87.09% compared to 2020.
What is Polar Power’s quarterly revenue?
Polar Power's quarterly revenue for Q2 2024 was $4.66M, a 162.54% increase from the previous quarter (Q1 2024), and a -16.59% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.78M, a -50.76% decrease from the previous quarter (Q4 2023), and a -57.64% decrease year-over-year (Q1 2023). POLA's quarterly revenue for Q4 2023 was $3.6M, a 88.64% increase from the previous quarter (Q3 2023), and a -43.37% decrease year-over-year (Q4 2022).
What is Polar Power’s revenue growth rate?
Polar Power's revenue growth rate for the last 3 years (2021-2023) was -9.49%, and for the last 5 years (2019-2023) was -38.34%.