Growth Metrics

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

Polar Power's quarterly Gross Profit came in at $1.1 million in Q1 2026, up 254.69% year-on-year from $320000.0 in Q1 2025, and up 152.91% quarter-over-quarter from -$2.1 million in Q4 2025.

Polar Power has reported Gross Profit for 9 years, with the latest figure at $1.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit rose 254.69% year-over-year to $1.1 million; the trailing twelve-month figure through Mar 2026 stood at -$2.3 million (down 214.93% YoY), and the FY2025 full-year result was -$3.2 million, down 340.18% from the prior year.
  • Gross Profit for Q1 2026 stood at $1.1 million, up from -$2.1 million in the prior quarter.
  • The five-year high for Gross Profit was $1.8 million in Q2 2024, with the low at -$2.3 million in Q3 2025.
  • Average Gross Profit over 5 years is $124352.9, with a median of $406000.0 recorded in 2022.
  • Year-over-year, Gross Profit surged 1660.34% in 2022 and plunged 451.48% in 2023.
  • Tracing POLA's Gross Profit over 5 years: stood at $406000.0 in 2022, then sank by 451.48% to -$1.4 million in 2023, then fell by 7.92% to -$1.5 million in 2024, then slumped by 39.29% to -$2.1 million in 2025, then soared 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 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn
10 Polar Power 7.16 Mn 7.14 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
Sep 30, 2023 -108,000.00
Sep 30, 2023 -108,000.00
Jun 30, 2023 1.48 Mn
Jun 30, 2023 1.48 Mn
Mar 31, 2023 755,000.00
Mar 31, 2023 755,000.00
Dec 31, 2022 406,000.00
Dec 31, 2022 406,000.00
Sep 30, 2022 -247,000.00
Sep 30, 2022 -247,000.00
Jun 30, 2022 1.06 Mn
Jun 30, 2022 1.06 Mn
Mar 31, 2022 905,000.00
Mar 31, 2022 905,000.00
Dec 31, 2021 1.57 Mn
Dec 31, 2021 1.57 Mn
Sep 30, 2021 966,000.00
Sep 30, 2021 966,000.00
Jun 30, 2021 967,000.00
Jun 30, 2021 967,000.00
Mar 31, 2021 -58,000.00
Mar 31, 2021 -58,000.00
Dec 31, 2020 -2.05 Mn
Dec 31, 2020 -2.05 Mn
Sep 30, 2020 -2.70 Mn
Sep 30, 2020 -2.70 Mn
Jun 30, 2020 -711,000.00
Jun 30, 2020 -711,000.00
Mar 31, 2020 -160,000.00
Mar 31, 2020 -160,000.00
Dec 31, 2019 -2.67 Mn
Dec 31, 2019 -2.67 Mn
Sep 30, 2019 2.23 Mn
Sep 30, 2019 2.23 Mn
Jun 30, 2019 2.96 Mn
Jun 30, 2019 2.96 Mn
Mar 31, 2019 2.39 Mn
Mar 31, 2019 2.39 Mn
Dec 31, 2018 2.36 Mn
Dec 31, 2018 2.36 Mn
Sep 30, 2018 1.53 Mn
Sep 30, 2018 1.53 Mn
Jun 30, 2018 2.06 Mn
Jun 30, 2018 2.06 Mn
Mar 31, 2018 1.48 Mn
Mar 31, 2018 1.48 Mn