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| Date | Value |
|---|---|
| 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 |