Polar Power, Inc. (POLA)

USD 2.05

(1.49%)

Gross Profit Summary of Polar Power, Inc.

  • Polar Power, Inc.'s latest annual gross profit in 2023 was 695 Thousand USD , down -67.91% from previous year.
  • Polar Power, Inc.'s latest quarterly gross profit in 2024 Q1 was -405 Thousand USD , up 71.66% from previous quarter.
  • Polar Power, Inc. reported a annual gross profit of 2.12 Million USD in annual gross profit 2022, down -38.32% from previous year.
  • Polar Power, Inc. reported a annual gross profit of 3.44 Million USD in annual gross profit 2021, up 161.27% from previous year.
  • Polar Power, Inc. reported a quarterly gross profit of -405 Thousand USD for 2024 Q1, up 71.66% from previous quarter.
  • Polar Power, Inc. reported a quarterly gross profit of 682 Thousand USD for 2023 FY, down -67.91% from previous quarter.

Annual Gross Profit Chart of Polar Power, Inc. (2023 - 2014)

Historical Annual Gross Profit of Polar Power, Inc. (2023 - 2014)

Year Gross Profit Gross Profit Growth
2023 695 Thousand USD -67.91%
2022 2.12 Million USD -38.32%
2021 3.44 Million USD 161.27%
2020 -5.62 Million USD -214.3%
2019 4.91 Million USD -33.81%
2018 7.43 Million USD 53.51%
2017 4.84 Million USD -52.45%
2016 10.18 Million USD 321.9%
2015 2.41 Million USD 26.11%
2014 1.91 Million USD 0.0%

Peer Gross Profit Comparison of Polar Power, Inc.

Name Gross Profit Gross Profit Difference
Advanced Energy Industries, Inc. 594.97 Million USD 99.883%
Montana Technologies Corporation - USD -Infinity%
Asia Pacific Wire & Cable Corporation Limited 30.22 Million USD 97.701%
CBAK Energy Technology, Inc. 31.72 Million USD 97.809%
CCSC Technology International Holdings Limited Ordinary Shares 3.92 Million USD 82.282%
Dragonfly Energy Holdings Corp. 15.44 Million USD 95.5%
Electrovaya Inc. 11.16 Million USD 93.774%
Enovix Corporation -43.02 Million USD 101.615%
Eos Energy Enterprises, Inc. -73.42 Million USD 100.947%
Eos Energy Enterprises, Inc. -73.42 Million USD 100.947%
FuelCell Energy, Inc. -10.53 Million USD 106.597%
Flux Power Holdings, Inc. 17.1 Million USD 95.936%
Ideal Power Inc. 38.25 Thousand USD -1716.614%
Kimball Electronics, Inc. 140.25 Million USD 99.504%
Lightbridge Corporation - USD -Infinity%
Microvast Holdings, Inc. 57.22 Million USD 98.786%
Microvast Holdings, Inc. 57.22 Million USD 98.786%
NeoVolta Inc. 510.34 Thousand USD -36.182%
NeoVolta Inc. 510.34 Thousand USD -36.182%
Novonix Limited 5.23 Million USD 86.73%
Nxu, Inc. -533 Thousand USD 230.394%
Orion Energy Systems, Inc. 20.91 Million USD 96.676%
Preformed Line Products Company 234.84 Million USD 99.704%
Plug Power Inc. -507.79 Million USD 100.137%
Powell Industries, Inc. 273.08 Million USD 99.746%
Pioneer Power Solutions, Inc. 8.35 Million USD 91.677%
Erayak Power Solution Group Inc. 5.02 Million USD 86.163%
RF Industries, Ltd. 19.53 Million USD 96.443%
SKYX Platforms Corp. 18.03 Million USD 96.147%
Solid Power, Inc. -10.32 Million USD 106.734%
Solid Power, Inc. -10.32 Million USD 106.734%
Solidion Technology Inc. - USD -Infinity%
Ultralife Corporation 39.2 Million USD 98.227%
Expion360 Inc. 1.39 Million USD 50.097%