Polar Power Overview

  • Year Founded
  • 1979

Year Founded

  • Status
  • Public

  • Employees
  • 82

Employees

  • Stock Symbol
  • POLA

Stock Symbol

  • Share Price
  • $1.85
  • (As of Friday Closing)

Polar Power General Information

Description

Polar Power Inc is engaged in designing, manufacturing, and selling DC power generators, renewable energy, and cooling systems for applications in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine, and industrial. The company's products include DC generators, backup DC generators, hybrid power systems, Li-Ion battery systems, Marine DC generators, and others. The company's geographical presence is in the United States, Canada, Australia and South Pacific Islands, Asia, Europe and Middle East, United Kingdom, Other North America, South Africa, and others.

Contact Information

Website
www.polarpower.com
Formerly Known As
Polar Products
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 249 East Gardena Boulevard
  • Gardena, CA 90248
  • United States
+1 (310)
Primary Industry
Electrical Equipment
Stock Exchange
NAS
Vertical(s)
CleanTech, Manufacturing, TMT
Corporate Office
  • 249 East Gardena Boulevard
  • Gardena, CA 90248
  • United States
+1 (310)

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Polar Power Stock Performance

As of 09-May-2025, Polar Power’s stock price is $1.85. Its current market cap is $4.65M with 2.51M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.85 $1.96 $1.78 - $4.90 $4.65M 2.51M 152K -$1.86

Polar Power Financials Summary

As of 31-Dec-2024, Polar Power has a trailing 12-month revenue of $14M.

In Thousands,
USD 		TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 14,618 14,618 15,579 17,124
Revenue 13,970 13,970 15,293 16,056
EBITDA (4,082) (4,082) (5,602) (5,019)
Net Income (4,677) (4,677) (6,548) (5,584)
Total Assets 17,546 17,546 25,259 24,188
Total Debt 6,919 6,919 7,539 2,420
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Polar Power Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Polar Power Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Polar Power Inc is engaged in designing, manufacturing, and selling DC power generators, renewable energy, and cooling s
Electrical Equipment
Gardena, CA
82 As of 2024

Coral Springs, FL
 

Waukesha, WI
 
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Polar Power Competitors (2)

One of Polar Power’s 2 competitors is Unipower, a Private Equity-Backed company based in Coral Springs, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Unipower Private Equity-Backed Coral Springs, FL
Generac Power Systems Formerly PE-Backed Waukesha, WI
You’re viewing 2 of 2 competitors. Get the full list »

Polar Power Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Polar Power ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Technology Hardware

Industry

Rank

Percentile

Electronics Equipment

Subindustry

Rank

Percentile

To view Polar Power’s complete esg history, request access »

Polar Power FAQs

  • When was Polar Power founded?

    Polar Power was founded in 1979.

  • Where is Polar Power headquartered?

    Polar Power is headquartered in Gardena, CA.

  • What is the size of Polar Power?

    Polar Power has 82 total employees.

  • What industry is Polar Power in?

    Polar Power’s primary industry is Electrical Equipment.

  • Is Polar Power a private or public company?

    Polar Power is a Public company.

  • What is Polar Power’s stock symbol?

    The ticker symbol for Polar Power is POLA.

  • What is the current stock price of Polar Power?

    As of 09-May-2025 the stock price of Polar Power is $1.85.

  • What is the current market cap of Polar Power?

    The current market capitalization of Polar Power is $4.65M.

  • What is Polar Power’s current revenue?

    The trailing twelve month revenue for Polar Power is $14M.

  • Who are Polar Power’s competitors?

    Unipower and Generac Power Systems are competitors of Polar Power.

  • What is Polar Power’s annual earnings per share (EPS)?

    Polar Power’s EPS for 12 months was -$1.86.

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