Polar Power (POLA) Gross Margin (2018 - 2026)
Polar Power (POLA) reported Gross Margin of -33.07% for Q2 2026, down 67.41 percentage points from 34.34% a year earlier and down 98.75 percentage points from the prior quarter.
Powered by 
Analysis
Polar Power (POLA) Gross Margin (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Polar Power's Gross Margin came in at -78.07%, down 87.55 percentage points year-over-year; for FY2025, it was -50.06%, down 59.47 percentage points from FY2024.
- Gross Margin has a five-year change of +12.20 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 9.41% in FY2024 (+4.86 pp), 4.54% in FY2023 (-8.69 pp), 13.23% in FY2022 (-7.15 pp) and 20.39% in FY2021 (+82.65 pp).
- Five-year quarterly Gross Margin spans a low of -357.50% in Q4 2025 and a high of 65.68% in Q1 2026.
- Year over year, Gross Margin gained in three of the last eight quarters, with an average year-over-year change of -59.23 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2021 (a gain of 131.27 percentage points); the low point was Q4 2025 (a drop of 298.77 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 65.68% (Q1 2026), -357.50% (Q4 2025) and -177.53% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 44.13% |
| 10 | Polar Power | 4.61 Mn | 4.20 Mn | -337,000.00 | -33.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -33.07% |
| 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% |
API Access
Polar Power Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=POLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "POLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();