Polar Power (POLA) Gross Margin (2018 - 2026)
Polar Power (POLA) posted Gross Margin of 33.07% for Q2 2026, down 150.35% on a QoQ basis from 65.68% in Q1 2026, and down 6741.0% year-over-year from 0.5% in Q2 2025.
Analysis
Polar Power (POLA) Gross Margin (2018 - 2026) Analysis & Trends
Polar Power has reported Gross Margin for 9 years, with the latest figure at 33.07% in Q2 2026.
- On a quarterly basis, Gross Margin fell 6741.0% year-over-year to 33.07% in Q2 2026; TTM through Jun 2026 was 78.07%, a 8755.0% decrease from a year earlier, with the FY2025 full-year figure at 50.06%, down 5947.0% from the prior year.
- Gross Margin was 33.07% for Q2 2026 at Polar Power, down from 65.68% 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.
- Average Gross Margin over 5 years is 23.46%, with a median of 12.2% recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 29877 bps in 2025, then soared 4711 bps in 2026.
- Over 5 years, 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 soared by 91 bps to 33.07% in 2026.
- The last three Gross Margin figures came in at 33.07% (Q2 2026), 65.68% (Q1 2026), and 357.5% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 197.45 Bn | 191.35 Bn | 3.55 Bn | 40.51% |
| 2 | Eaton | 159.08 Bn | 158.38 Bn | 2.86 Bn | 33.47% |
| 3 | Vertiv Holdings | 95.42 Bn | 92.31 Bn | 1.23 Bn | 37.71% |
| 4 | TE Connectivity | 59.47 Bn | 58.23 Bn | 1.84 Bn | 35.56% |
| 5 | nVent Electric | 25.12 Bn | 24.86 Bn | 558.00 Mn | 37.93% |
| 6 | Hubbell | 23.93 Bn | 23.53 Bn | 613.00 Mn | 35.81% |
| 7 | Advanced Energy Industries | 10.64 Bn | 9.23 Bn | 236.10 Mn | 41.13% |
| 8 | Aptiv | 9.63 Bn | 8.87 Bn | 775.00 Mn | 23.67% |
| 9 | Valmont Industries | 9.23 Bn | 9.10 Bn | 340.82 Mn | 30.47% |
| 10 | Polar Power | 4.84 Mn | 4.65 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% |