Polar Power (POLA) Gross Margin (2018 - 2026)

Polar Power (POLA) recorded quarterly Gross Margin of 65.68% in Q1 2026, up 118.37% quarter-over-quarter from 357.5% in Q4 2025, and up 4711.0% on a YoY basis from 1.37% in Q1 2025.

Polar Power (POLA) Gross Margin (2018 - 2026) Analysis & Trends

Polar Power's Gross Margin history runs 9 years deep, the most recent figure standing at 65.68% for Q1 2026.

  • In Q1 2026, Gross Margin rose 4711.0% year-over-year to 65.68%; the TTM figure through Mar 2026 stood at 37.09% (down 5172.0% YoY), while the FY2025 annual figure was 50.06%, down 5947.0% from the prior year.
  • Gross Margin was 65.68% for Q1 2026 at Polar Power, up from 357.5% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 65.68% in Q1 2026 to a low of 357.5% in Q4 2025.
  • Historically, Gross Margin has averaged 22.89% across 5 years, with a median of 18.02% in 2023.
  • The sharpest annual moves came in 2025 and 2026: Gross Margin sank 29877 bps in 2025, then surged 4711 bps in 2026.
  • A 5-year view of Gross Margin shows it stood at 6.38% in 2022, then slumped by 721 bps to 39.58% in 2023, then tumbled by 48 bps to 58.73% in 2024, then plunged by 509 bps to 357.5% in 2025, then soared by 118 bps to 65.68% in 2026.
  • The last three Gross Margin figures came in at 65.68% (Q1 2026), 357.5% (Q4 2025), and 177.53% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 37.73%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 30.03%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 35.88%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 33.32%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 39.32%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 29.65%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.77%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 49.29%
10 Polar Power 6.05 Mn 6.02 Mn 1.14 Mn 65.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 65.68%
Dec 31, 2025 -357.50%
Sep 30, 2025 -177.53%
Jun 30, 2025 34.34%
Mar 31, 2025 18.57%
Dec 31, 2024 -58.73%
Sep 30, 2024 28.98%
Jun 30, 2024 39.31%
Mar 31, 2024 -22.65%
Dec 31, 2023 -39.58%
Sep 30, 2023 -5.65%
Jun 30, 2023 26.40%
Mar 31, 2023 18.02%
Dec 31, 2022 6.38%
Sep 30, 2022 -14.47%
Jun 30, 2022 24.82%
Mar 31, 2022 24.40%
Dec 31, 2021 33.96%
Sep 30, 2021 23.36%
Jun 30, 2021 19.95%