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

Polar Power's (POLA) quarterly Gross Margin came in at 65.68% in Q1 2026, up 4711.0% year-on-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.

  • On a quarterly basis, Gross Margin rose 4711.0% year-over-year to 65.68% in Q1 2026; TTM through Mar 2026 was 37.09%, a 5172.0% decrease from a year earlier, with the FY2025 full-year figure at 50.06%, down 5947.0% from the prior year.
  • Gross Margin improved to 65.68% in Q1 2026 per POLA's latest filing, from 357.5% in the prior quarter.
  • Across five years, Gross Margin topped out at 65.68% in Q1 2026 and bottomed at 357.5% in Q4 2025.
  • The 5-year median for Gross Margin is 18.02% (2023), against an average of 22.89%.
  • Across the five-year window, Gross Margin sank 29877 bps in 2025 and jumped 4711 bps in 2026, its largest moves.
  • Year by year, Gross Margin stood at 6.38% in 2022, then plunged by 721 bps to 39.58% in 2023, then sank by 48 bps to 58.73% in 2024, then slumped by 509 bps to 357.5% in 2025, then soared by 118 bps to 65.68% in 2026.
  • Per Business Quant, the three latest POLA Gross Margin figures stand at 65.68% (Q1 2026), 357.5% (Q4 2025), and 177.53% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Electrovaya 405.68 Bn 405.65 Bn 6.04 Mn 33.45%
2 Vertiv Holdings 108.06 Bn 105.56 Bn 999.70 Mn 37.73%
3 Bloom Energy 52.17 Bn 49.67 Bn 225.54 Mn 30.03%
4 Hubbell 25.78 Bn 25.26 Bn 505.30 Mn 33.32%
5 nVent Electric 23.71 Bn 23.52 Bn 445.60 Mn 35.88%
6 Advanced Energy Industries 10.73 Bn 10.03 Bn 200.90 Mn 39.32%
7 Acuity Inc. (De) 10.05 Bn 9.63 Bn 606.40 Mn 50.62%
8 Powell Industries 7.88 Bn 7.34 Bn 87.94 Mn 29.65%
9 EnerSys 7.01 Bn 6.57 Bn 290.87 Mn 29.44%
10 Polar Power 5.01 Mn 4.98 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%