Quick Answer
Polar Power, Inc. reported Gross Profit of $1.31 million for fiscal year 2024.
Polar Power, Inc. Gross Profit — Annual History
| Fiscal Year | Gross Profit | YoY Change |
|---|---|---|
| 2024 | $1.31M | +89.1% |
| 2023 | $695.0K | -67.3% |
| 2022 | $2.12M | -38.3% |
| 2021 | $3.44M | +161.3% |
| 2020 | -$5.62M | -214.3% |
| 2019 | $4.92M | -33.8% |
| 2018 | $7.43M | +56.1% |
| 2017 | $4.76M | -53.2% |
| 2016 | $10.18M | — |
Quarterly Gross Profit
| Quarter Ending | Gross Profit | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | -$2.26M | -258.7% | -343.0% |
| June 30, 2025 | $930.0K | -49.2% | +190.6% |
| March 31, 2025 | $320.0K | +179.6% | -77.5% |
| September 30, 2024 | $1.42M | +1418.5% | -22.3% |
| June 30, 2024 | $1.83M | +24.2% | +555.7% |
| March 31, 2024 | -$402.0K | -153.2% | -272.2% |
| September 30, 2023 | -$108.0K | +56.3% | -107.3% |
| June 30, 2023 | $1.48M | +39.0% | +95.4% |
- Polar Power, Inc. showed an increase of +89.1% in Gross Profit compared to the prior fiscal year.
- Over the 2016–2024 period, Polar Power, Inc.’s gross profit has declined by 87.1% (from $10.18 million to $1.31 million).
- The most recent figure is from Polar Power, Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on March 31, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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