Polar Power, Inc.POLAEarnings & Financial Report
Nasdaq
Polar Electro Oy is a Finnish manufacturer of sports training computers, particularly known for developing the world's first wireless heart rate monitor.
POLA Q3 2025 Key Financial Metrics
Revenue
$1.3M
Gross Profit
$-2.3M
Operating Profit
$-3.9M
Net Profit
$-4.1M
Gross Margin
-177.5%
Operating Margin
-304.6%
Net Margin
-320.9%
YoY Growth
-74.1%
EPS
$-1.63
Financial Flow
Polar Power, Inc. Q3 2025 Financial Summary
Polar Power, Inc. reported revenue of $1.3M for Q3 2025, with a net profit of $-4.1M (-320.9% margin). Cost of goods sold was $3.5M, operating expenses totaled $1.6M.
Key Financial Metrics
| Total Revenue | $1.3M |
|---|---|
| Net Profit | $-4.1M |
| Gross Margin | -177.5% |
| Operating Margin | -304.6% |
| Report Period | Q3 2025 |
Polar Power, Inc. Annual Revenue by Year
Polar Power, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $14.0M).
| Year | Annual Revenue |
|---|---|
| 2024 | $14.0M |
| 2023 | $15.3M |
| 2022 | $16.1M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.6M | $1.8M | $4.7M | $4.9M | $2.6M | $1.7M | $2.7M | $1.3M |
| YoY Growth | -43.4% | -57.6% | -16.6% | 157.1% | -27.3% | -2.9% | -41.9% | -74.1% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $25.3M | $23.9M | $22.2M | $20.9M | $17.5M | $16.6M | $16.5M | $12.3M |
| Liabilities | $12.1M | $12.8M | $10.6M | $9.4M | $9.0M | $9.3M | $9.6M | $9.4M |
| Equity | $13.2M | $11.0M | $11.5M | $11.6M | $8.5M | $7.3M | $7.0M | $2.9M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-346000 | $-989000 | $1.2M | $-590000 | $-136000 | $-584000 | $-404000 | $399000 |