Polar Power, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 44.7% | 32.5% | 19.3% |
| FY2017 | 33.0% | -5.6% | -5.3% |
| FY2018 | 30.9% | -4.6% | -3.5% |
| FY2019 | 19.8% | -16.1% | -16.3% |
| FY2020 | -62.3% | -143.5% | -120.4% |
| FY2021 | 20.4% | -18.3% | -8.4% |
| FY2022 | 13.2% | -34.5% | -34.8% |
| FY2023 | 4.5% | -39.2% | -42.8% |
| FY2024 | 9.4% | -31.3% | -33.5% |
| FY2025 | -50.1% | -133.6% | -144.9% |