Polar Power (POLA) Gross Margin (2018 - 2026)
Polar Power's 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 has reported Gross Margin for 9 years, with the latest figure at 65.68% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 4711.0% year-over-year to 65.68%; the trailing twelve-month figure through Mar 2026 stood at 37.09% (down 5172.0% YoY), and the FY2025 full-year result 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.
- Average Gross Margin over 5 years is 22.89%, with a median of 18.02% recorded in 2023.
- Year-over-year, Gross Margin sank 29877 bps in 2025 and jumped 4711 bps in 2026.
- Tracing POLA's Gross Margin over 5 years: 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 jumped 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 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 37.73% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 30.03% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 35.88% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 33.32% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 39.32% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 29.65% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 49.29% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 29.44% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -13.21% |
| 10 | Polar Power | 7.16 Mn | 7.14 Mn | 1.14 Mn | 65.68% |
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% |
| Mar 31, 2021 | -1.76% |
| Dec 31, 2020 | -80.73% |
| Sep 30, 2020 | -107.92% |
| Jun 30, 2020 | -63.14% |
| Mar 31, 2020 | -5.59% |
| Dec 31, 2019 | -303.41% |
| Sep 30, 2019 | 32.17% |
| Jun 30, 2019 | 32.07% |
| Mar 31, 2019 | 30.88% |
| Dec 31, 2018 | 28.39% |
| Sep 30, 2018 | 30.24% |
| Jun 30, 2018 | 35.46% |
| Mar 31, 2018 | 30.45% |