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

Polar Power (POLA) recorded quarterly Gross Profit of $1.1 million in Q1 2026, up 152.91% quarter-over-quarter from -$2.1 million in Q4 2025, and up 254.69% on a YoY basis from $320000.0 in Q1 2025.

Polar Power (POLA) Gross Profit (2018 - 2026) Analysis & Trends

Polar Power's Gross Profit history runs 9 years deep, the most recent figure standing at $1.1 million for Q1 2026.

  • In Q1 2026, Gross Profit rose 254.69% year-over-year to $1.1 million; the TTM figure through Mar 2026 stood at -$2.3 million (down 214.93% YoY), while the FY2025 annual figure was -$3.2 million, down 340.18% from the prior year.
  • Gross Profit was $1.1 million for Q1 2026 at Polar Power, up from -$2.1 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $1.8 million in Q2 2024 to a low of -$2.3 million in Q3 2025.
  • Historically, Gross Profit has averaged $124352.9 across 5 years, with a median of $406000.0 in 2022.
  • The sharpest annual moves came in 2022 and 2023: Gross Profit soared 1660.34% in 2022, then plunged 451.48% in 2023.
  • A 5-year view of Gross Profit shows it stood at $406000.0 in 2022, then slumped by 451.48% to -$1.4 million in 2023, then declined by 7.92% to -$1.5 million in 2024, then tumbled by 39.29% to -$2.1 million in 2025, then surged by 152.91% to $1.1 million in 2026.
  • The last three Gross Profit figures came in at $1.1 million (Q1 2026), -$2.1 million (Q4 2025), and -$2.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 479.97 Bn 479.92 Bn -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn
10 Polar Power 6.05 Mn 6.02 Mn 1.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.14 Mn
Mar 31, 2026 1.14 Mn
Dec 31, 2025 -2.15 Mn
Dec 31, 2025 -2.15 Mn
Sep 30, 2025 -2.26 Mn
Sep 30, 2025 -2.26 Mn
Jun 30, 2025 930,000.00
Jun 30, 2025 930,000.00
Mar 31, 2025 320,000.00
Mar 31, 2025 320,000.00
Dec 31, 2024 -1.54 Mn
Dec 31, 2024 -1.54 Mn
Sep 30, 2024 1.42 Mn
Sep 30, 2024 1.42 Mn
Jun 30, 2024 1.83 Mn
Jun 30, 2024 1.83 Mn
Mar 31, 2024 -402,000.00
Mar 31, 2024 -402,000.00
Dec 31, 2023 -1.43 Mn
Dec 31, 2023 -1.43 Mn