The company has reduced its share count over this period, returning value to shareholders through buybacks.
Diluted shares outstanding: 12.7M (2021) → 2.5M (2025)
Polar Power, Inc., originally established in 1979 as Polar Products, Inc. before its name change in October 1991, is headquartered in Gardena, California. The company specializes in the engineering, manufacturing, and distribution of direct current (DC) power generators, renewable energy solutions, and cooling systems, serving both domestic and international markets. Its comprehensive product offerings include foundational DC power systems, various DC hybrid power configurations, solar-integrated DC hybrid power systems, and portable power units. These DC power solutions are designed to operate using diverse fuel sources, such as diesel, natural gas, LPG/propane, and other sustainable energy options. Polar Power caters to a broad spectrum of industries, including telecommunications, defense, commercial enterprises, industrial operations, and marine applications. The company distributes its products through a dedicated in-house sales team, complemented by a network of independent service providers and authorized dealers.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
+0.3% YoY
YoY Growth Rate
Slow revenue growth
+89.8% YoY
YoY Growth Rate
EPS growth accelerating
$646,000/ year
↓ Declining (-16% vs prior year)
10.2% of revenue
2.6x the sector average (4%)
R&D spend declining — could signal cost-cutting or efficiency
~0 months
$27,000 cash & investments
Quarterly Free Cash Flow
↑ Burn rate improving
Short runway — potential dilution ahead through share issuance
Polar Power has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.
The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.
Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.
ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Free cash flow is negative. They are burning cash, not generating it.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
