Polar Power (POLA) Gross Margin (2018 - 2026)
Polar Power (POLA) recorded quarterly Gross Margin of 65.68% in Q1 2026, up 118.37% quarter-over-quarter from 357.5% in Q4 2025, and up 4711.0% on a YoY basis from 1.37% in Q1 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 was 65.68% for Q1 2026 at Polar Power, up from 357.5% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 65.68% in Q1 2026 to a low of 357.5% in Q4 2025.
- Historically, Gross Margin has averaged 22.89% across 5 years, with a median of 18.02% in 2023.
- The sharpest annual moves came in 2025 and 2026: Gross Margin sank 29877 bps in 2025, then surged 4711 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 6.38% in 2022, then slumped by 721 bps to 39.58% in 2023, then tumbled by 48 bps to 58.73% in 2024, then plunged by 509 bps to 357.5% in 2025, then soared 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 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 30.03% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 35.88% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 33.32% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 39.32% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 29.65% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 16.77% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 49.29% |
| 10 | Polar Power | 6.05 Mn | 6.02 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% |