Polar Power (POLA) Cost of Revenue (2018 - 2026)
Polar Power (POLA) posted quarterly Cost of Revenue of $341000.0 for Q1 2026, down 30.83% year-over-year from $493000.0 in Q1 2025, and down 87.58% quarter-over-quarter from $2.7 million in Q4 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 fell 30.83% year-over-year to $341000.0; the TTM figure through Mar 2026 stood at $8.4 million (down 23.48% YoY), while the FY2025 annual figure was $9.5 million, down 25.25% from the prior year.
- Cost of Revenue for Q1 2026 stood at $341000.0, down from $2.7 million in the prior quarter.
- The five-year high for Cost of Revenue was $6.0 million in Q4 2022, with the low at $341000.0 in Q1 2026.
- The 5-year median for Cost of Revenue is $2.8 million (2024), against an average of $2.9 million.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 95.22% in 2022, then sank 77.35% in 2025.
- Polar Power's Cost of Revenue stood at $6.0 million in 2022, then retreated by 15.57% to $5.0 million in 2023, then dropped by 17.29% to $4.2 million in 2024, then sank by 34.05% to $2.7 million in 2025, then tumbled by 87.58% to $341000.0 in 2026.
- Business Quant data shows POLA's Cost of Revenue at $341000.0 in Q1 2026, $2.7 million in Q4 2025, and $3.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 2.04 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 709.79 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 913.30 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 1.10 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 338.00 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 591.60 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 216.44 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 538.65 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 163.33 Mn |
| 10 | Polar Power | 5.64 Mn | 5.45 Mn | -337,000.00 | 1.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 341,000.00 |
| Mar 31, 2026 | 341,000.00 |
| Dec 31, 2025 | 2.75 Mn |
| Dec 31, 2025 | 2.75 Mn |
| Sep 30, 2025 | 3.53 Mn |
| Sep 30, 2025 | 3.53 Mn |
| Jun 30, 2025 | 1.78 Mn |
| Jun 30, 2025 | 1.78 Mn |
| Mar 31, 2025 | 493,000.00 |
| Mar 31, 2025 | 493,000.00 |
| Dec 31, 2024 | 4.16 Mn |
| Dec 31, 2024 | 4.16 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 | 2.18 Mn |
| Mar 31, 2024 | 2.18 Mn |
| Dec 31, 2023 | 5.03 Mn |
| Dec 31, 2023 | 5.03 Mn |