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| 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% |