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Stock impact report

Polar Power Reports Third Quarter 2025 Financial Results

Polar Power, Inc. (POLA) 
Last polar power, inc. earnings: 11/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
GARDENA, CA, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup and solar hybrid DC power solutions, today reported its financial results for the three months ended September 30, 2025. Polar Power reported net sales of $1.3 million for the three months ended September 30, 2025 which represented a 74% decline in sales compared to the same period last year. The drop in sales combined with $1.97 million inventory write downs resulted in unfavorable gross profit of $2.26 million. During the three months ended September 30, 2025, there was decline of $0.22 million in operating expenses resulting from reduced marketing and administrative costs, which were offset by a $0.45 million impairment of right-to-use assets. Polar Power reported a net loss of $4.08 million during the three months ended September 30, 2025, compared to $0.01 million income during the same period in the previous year. The Company’s Show less Read more
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