vs
Side-by-side financial comparison of Polar Power, Inc. (POLA) and Solid Power, Inc. (SLDP). Click either name above to swap in a different company.
Solid Power, Inc. is the larger business by last-quarter revenue ($3.6M vs $1.3M, roughly 2.9× Polar Power, Inc.). On growth, Solid Power, Inc. posted the faster year-over-year revenue change (-18.6% vs -74.1%). Over the past eight quarters, Solid Power, Inc.'s revenue compounded faster (-21.9% CAGR vs -40.6%).
Polar Electro Oy is a Finnish manufacturer of sports training computers, particularly known for developing the world's first wireless heart rate monitor.
Solid Energy was the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.
POLA vs SLDP — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3M | $3.6M |
| Net Profit | $-4.1M | — |
| Gross Margin | -177.5% | — |
| Operating Margin | -304.6% | -730.1% |
| Net Margin | -320.9% | — |
| Revenue YoY | -74.1% | -18.6% |
| Net Profit YoY | -31523.1% | — |
| EPS (diluted) | $-1.63 | $-0.15 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $3.6M | ||
| Q3 25 | $1.3M | $3.7M | ||
| Q2 25 | $2.7M | $6.5M | ||
| Q1 25 | $1.7M | $6.0M | ||
| Q4 24 | $2.6M | $4.5M | ||
| Q3 24 | $4.9M | $4.7M | ||
| Q2 24 | $4.7M | $5.1M | ||
| Q1 24 | $1.8M | $6.0M |
| Q4 25 | — | — | ||
| Q3 25 | $-4.1M | $-25.9M | ||
| Q2 25 | $-271.0K | $-25.3M | ||
| Q1 25 | $-1.3M | $-15.2M | ||
| Q4 24 | $-3.0M | — | ||
| Q3 24 | $13.0K | $-22.4M | ||
| Q2 24 | $501.0K | $-22.3M | ||
| Q1 24 | $-2.1M | $-21.2M |
| Q4 25 | — | — | ||
| Q3 25 | -177.5% | — | ||
| Q2 25 | 34.3% | — | ||
| Q1 25 | 18.6% | — | ||
| Q4 24 | -58.8% | — | ||
| Q3 24 | 29.0% | — | ||
| Q2 24 | 39.3% | — | ||
| Q1 24 | -22.6% | — |
| Q4 25 | — | -730.1% | ||
| Q3 25 | -304.6% | -654.4% | ||
| Q2 25 | -4.1% | -398.9% | ||
| Q1 25 | -63.9% | -399.4% | ||
| Q4 24 | -110.5% | -561.1% | ||
| Q3 24 | 0.8% | -593.2% | ||
| Q2 24 | 9.9% | -530.8% | ||
| Q1 24 | -111.5% | -433.1% |
| Q4 25 | — | — | ||
| Q3 25 | -320.9% | -693.1% | ||
| Q2 25 | -10.0% | -390.7% | ||
| Q1 25 | -73.4% | -251.8% | ||
| Q4 24 | -116.3% | — | ||
| Q3 24 | 0.3% | -482.0% | ||
| Q2 24 | 10.8% | -438.9% | ||
| Q1 24 | -120.7% | -356.2% |
| Q4 25 | — | $-0.15 | ||
| Q3 25 | $-1.63 | $-0.14 | ||
| Q2 25 | $-0.11 | $-0.14 | ||
| Q1 25 | $-0.50 | $-0.08 | ||
| Q4 24 | $-1.22 | $-0.16 | ||
| Q3 24 | $0.01 | $-0.13 | ||
| Q2 24 | $0.20 | $-0.13 | ||
| Q1 24 | $-0.85 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.0K | $250.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.9M | $415.7M |
| Total Assets | $12.3M | $455.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $250.8M | ||
| Q3 25 | $4.0K | $251.2M | ||
| Q2 25 | $175.0K | $230.9M | ||
| Q1 25 | $68.0K | $240.9M | ||
| Q4 24 | $498.0K | $118.2M | ||
| Q3 24 | $498.0K | $132.0M | ||
| Q2 24 | $1.1M | $140.5M | ||
| Q1 24 | $212.0K | $146.6M |
| Q4 25 | — | $415.7M | ||
| Q3 25 | $2.9M | $381.2M | ||
| Q2 25 | $7.0M | $370.6M | ||
| Q1 25 | $7.3M | $397.1M | ||
| Q4 24 | $8.5M | $410.3M | ||
| Q3 24 | $11.6M | $439.4M | ||
| Q2 24 | $11.5M | $456.8M | ||
| Q1 24 | $11.0M | $479.4M |
| Q4 25 | — | $455.1M | ||
| Q3 25 | $12.3M | $416.1M | ||
| Q2 25 | $16.5M | $398.0M | ||
| Q1 25 | $16.6M | $419.4M | ||
| Q4 24 | $17.5M | $448.3M | ||
| Q3 24 | $20.9M | $470.9M | ||
| Q2 24 | $22.2M | $492.6M | ||
| Q1 24 | $23.9M | $516.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $399.0K | $-18.4M |
| Free Cash FlowOCF − Capex | — | $-23.0M |
| FCF MarginFCF / Revenue | — | -633.0% |
| Capex IntensityCapex / Revenue | — | 126.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-83.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-18.4M | ||
| Q3 25 | $399.0K | $-14.3M | ||
| Q2 25 | $-404.0K | $-14.4M | ||
| Q1 25 | $-584.0K | $-26.3M | ||
| Q4 24 | $-136.0K | $-13.9M | ||
| Q3 24 | $-590.0K | $-9.9M | ||
| Q2 24 | $1.2M | $-11.1M | ||
| Q1 24 | $-989.0K | $-29.1M |
| Q4 25 | — | $-23.0M | ||
| Q3 25 | — | $-14.8M | ||
| Q2 25 | — | $-17.1M | ||
| Q1 25 | — | $-28.6M | ||
| Q4 24 | — | $-18.6M | ||
| Q3 24 | — | $-12.6M | ||
| Q2 24 | — | $-15.5M | ||
| Q1 24 | — | $-33.1M |
| Q4 25 | — | -633.0% | ||
| Q3 25 | — | -397.6% | ||
| Q2 25 | — | -264.2% | ||
| Q1 25 | — | -476.1% | ||
| Q4 24 | — | -416.5% | ||
| Q3 24 | — | -271.5% | ||
| Q2 24 | — | -305.8% | ||
| Q1 24 | — | -556.3% |
| Q4 25 | — | 126.5% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | — | 41.5% | ||
| Q1 25 | — | 39.1% | ||
| Q4 24 | — | 105.5% | ||
| Q3 24 | 0.0% | 59.7% | ||
| Q2 24 | — | 86.8% | ||
| Q1 24 | — | 68.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -45.38× | — | ||
| Q2 24 | 2.35× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
POLA
| Telecommunications | $1.2M | 92% |
| Other | $101.0K | 8% |
SLDP
Segment breakdown not available.
