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| 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 |