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| Date | Value |
|---|---|
| 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 |