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

Polar Power's (POLA) quarterly Cost of Revenue came in at $341000.0 in Q1 2026, down 30.83% year-on-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.

  • On a quarterly basis, Cost of Revenue fell 30.83% year-over-year to $341000.0 in Q1 2026; TTM through Mar 2026 was $8.4 million, a 23.48% decrease from a year earlier, with the FY2025 full-year figure at $9.5 million, down 25.25% from the prior year.
  • Cost of Revenue retreated to $341000.0 in Q1 2026 per POLA's latest filing, from $2.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $6.0 million in Q4 2022 and bottomed 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.
  • Across the five-year window, Cost of Revenue surged 95.22% in 2022 and slumped 77.35% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $6.0 million in 2022, then decreased by 15.57% to $5.0 million in 2023, then declined by 17.29% to $4.2 million in 2024, then plunged by 34.05% to $2.7 million in 2025, then slumped by 87.58% to $341000.0 in 2026.
  • Per Business Quant, the three latest POLA Cost of Revenue figures stand at $341000.0 (Q1 2026), $2.7 million (Q4 2025), and $3.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Electrovaya 413.55 Bn 413.53 Bn 6.04 Mn 12.01 Mn
2 Vertiv Holdings 109.26 Bn 106.76 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 53.01 Bn 50.51 Bn 225.54 Mn 525.51 Mn
4 Hubbell 26.33 Bn 25.81 Bn 505.30 Mn 1.01 Bn
5 nVent Electric 24.09 Bn 23.90 Bn 445.60 Mn 796.40 Mn
6 Advanced Energy Industries 10.99 Bn 10.29 Bn 200.90 Mn 310.10 Mn
7 Acuity Inc. (De) 10.14 Bn 9.72 Bn 606.40 Mn 591.60 Mn
8 Powell Industries 8.00 Bn 7.45 Bn 87.94 Mn 208.68 Mn
9 EnerSys 7.11 Bn 6.67 Bn 290.87 Mn 83.14 Mn
10 Polar Power 5.11 Mn 5.09 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 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