Polar Power (POLA) Gross Margin (2018 - 2026)
Polar Power (POLA) posted quarterly Gross Margin of 65.68% for Q1 2026, up 4711.0% year-over-year from 1.37% in Q1 2025, and up 118.37% quarter-over-quarter from 357.5% in Q4 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 for Q1 2026 stood at 65.68%, up from 357.5% in the prior quarter.
- The five-year high for Gross Margin was 65.68% in Q1 2026, with the low at 357.5% in Q4 2025.
- The 5-year median for Gross Margin is 18.02% (2023), against an average of 22.89%.
- The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 29877 bps in 2025, then jumped 4711 bps in 2026.
- Polar Power's Gross Margin stood at 6.38% in 2022, then sank by 721 bps to 39.58% in 2023, then slumped by 48 bps to 58.73% in 2024, then tumbled by 509 bps to 357.5% in 2025, then surged by 118 bps to 65.68% in 2026.
- Business Quant data shows POLA's Gross Margin at 65.68% in Q1 2026, 357.5% in Q4 2025, and 177.53% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 33.38% |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 35.81% |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 37.93% |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 33.49% |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -0.94% |
| 10 | Polar Power | 5.54 Mn | 5.36 Mn | -337,000.00 | -33.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |