Is Polar Power going out of business?

Polar Power, Inc. (POLA) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

Polar Power, Inc. (POLA) scores 13 out of 100 on fundamentals, Distressed / Caution, based on SEC filing data.

Leading signal: FCF margin: -67.21%

Five questions, kept separate

Survival - Critical

Under 1 mo of estimated runway from 2026-03-31, based on $27.0K of cash and short-term investments against $4.2M of annual burn. Adjusted shares outstanding increased 38.5% over the comparison year.

Business quality - Poor

-115.7% operating margin and -67.2% FCF margin produce a poor Business Quality assessment.

Trajectory - Contracting

Revenue weakened 54.7%; operating margin weakened 90.6pp; FCF margin weakened 60.3pp. The TTM window includes a mixed-basis Q4 estimate.

Valuation - Extreme expectations

-73.4% FCF yield supports an extreme expectations Valuation assessment on the ttm basis.

Event risk - Evidence unavailable

No active asserted adverse event was found in the available filing evidence. The filing evidence is stale or incomplete, so this is not proof of absence.

What the rules read

• FCF margin: -67.21%
• Shares dilution YoY: 38.53% (YoY)
• Debt / Equity: 0.08x
• ROE quality: -336.65%
• ROIC: -387.07%
• Gross margin: 65.68%
• Net income trend: 85.93% (Loss narrowing)
• Return on Assets: -70.29%
• Asset Efficiency: 0.55x
• Cash Burn Deceleration: -61.18% QoQ improvement (Worsening)
• Revenue Quality: Quality concerns (DSO +43d, Rev +0%)
• Revenue growth YoY: 0.29% (YoY)

Read from filings through 2026-05-20.

Price as of 2026-08-22.