Polar Power (POLA) Cost of Revenue (2018 - 2026)

Polar Power (POLA) recorded quarterly Cost of Revenue of $341000.0 in Q1 2026, up 106.67% quarter-over-quarter from $165000.0 in Q4 2025, and up 31.15% on a YoY basis from $260000.0 in Q1 2025.

Polar Power (POLA) Cost of Revenue (2018 - 2026) Analysis & Trends

Polar Power's Cost of Revenue history runs 9 years deep, the most recent figure standing at $341000.0 for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 31.15% year-over-year to $341000.0; the TTM figure through Mar 2026 stood at $4.2 million (up 566.11% YoY), while the FY2025 annual figure was $807000.0, down 20.1% from the prior year.
  • Cost of Revenue was $341000.0 for Q1 2026 at Polar Power, up from $165000.0 in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $13.7 million in Q4 2023 to a low of -$7.5 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $1.5 million across 5 years, with a median of $2.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue slumped 1861.52% in 2022, then surged 928.0% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at -$6.5 million in 2022, then jumped by 310.48% to $13.7 million in 2023, then sank by 154.7% to -$7.5 million in 2024, then jumped by 102.2% to $165000.0 in 2025, then surged by 106.67% to $341000.0 in 2026.
  • The last three Cost of Revenue figures came in at $341000.0 (Q1 2026), $165000.0 (Q4 2025), and $3.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 525.51 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 796.40 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.01 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 310.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 208.68 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 28.04 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 535.30 Mn
10 Polar Power 6.05 Mn 6.02 Mn 1.14 Mn 341,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 341,000.00
Mar 31, 2026 341,000.00
Dec 31, 2025 165,000.00
Dec 31, 2025 165,000.00
Sep 30, 2025 3.53 Mn
Sep 30, 2025 3.53 Mn
Jun 30, 2025 184,000.00
Jun 30, 2025 184,000.00
Mar 31, 2025 260,000.00
Mar 31, 2025 260,000.00
Dec 31, 2024 -7.48 Mn
Dec 31, 2024 -7.48 Mn
Sep 30, 2024 3.49 Mn
Sep 30, 2024 3.49 Mn
Jun 30, 2024 2.83 Mn
Jun 30, 2024 2.83 Mn
Mar 31, 2024 231,000.00
Mar 31, 2024 231,000.00
Dec 31, 2023 13.68 Mn
Dec 31, 2023 13.68 Mn