Growth Metrics

Polar Power (POLA) Operating Expenses (2018 - 2026)

Polar Power's quarterly Operating Expenses came in at $1.1 million in Q1 2026, down 21.82% year-on-year from $1.4 million in Q1 2025, and down 6.56% quarter-over-quarter from $1.2 million in Q4 2025.

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

  • For the quarter ending Q1 2026, Operating Expenses fell 21.82% year-over-year to $1.1 million; the trailing twelve-month figure through Mar 2026 stood at $5.0 million (down 10.41% YoY), and the FY2025 full-year result was $5.3 million, down 7.42% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.1 million, down from $1.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $2.1 million in Q3 2022, with the low at $1.0 million in Q2 2025.
  • Average Operating Expenses over 5 years is $1.6 million, with a median of $1.6 million recorded in 2023.
  • Year-over-year, Operating Expenses jumped 51.44% in 2022 and decreased 26.49% in 2023.
  • Tracing POLA's Operating Expenses over 5 years: stood at $1.7 million in 2022, then slipped by 10.75% to $1.5 million in 2023, then retreated by 12.23% to $1.4 million in 2024, then decreased by 12.32% to $1.2 million in 2025, then dropped by 6.56% to $1.1 million in 2026.
  • The last three Operating Expenses figures came in at $1.1 million (Q1 2026), $1.2 million (Q4 2025), and $1.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 451.80 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 153.35 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 249.90 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 241.50 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 132.60 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 30.13 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 387.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 19.72 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 87.88 Mn
10 Polar Power 7.16 Mn 7.14 Mn 1.14 Mn 1.11 Mn

Historic Data

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DateValue
Mar 31, 2026 1.11 Mn
Dec 31, 2025 1.19 Mn
Sep 30, 2025 1.62 Mn
Jun 30, 2025 1.04 Mn
Mar 31, 2025 1.42 Mn
Dec 31, 2024 1.36 Mn
Sep 30, 2024 1.38 Mn
Jun 30, 2024 1.37 Mn
Mar 31, 2024 1.58 Mn
Dec 31, 2023 1.55 Mn
Sep 30, 2023 1.57 Mn
Jun 30, 2023 1.79 Mn
Mar 31, 2023 1.79 Mn
Dec 31, 2022 1.73 Mn
Sep 30, 2022 2.13 Mn
Jun 30, 2022 1.79 Mn
Mar 31, 2022 2.01 Mn
Dec 31, 2021 1.14 Mn
Sep 30, 2021 1.73 Mn
Jun 30, 2021 1.83 Mn
Mar 31, 2021 1.84 Mn
Dec 31, 2020 1.58 Mn
Sep 30, 2020 2.01 Mn
Jun 30, 2020 1.58 Mn
Mar 31, 2020 2.16 Mn
Dec 31, 2019 2.01 Mn
Sep 30, 2019 2.19 Mn
Jun 30, 2019 2.39 Mn
Mar 31, 2019 2.31 Mn
Dec 31, 2018 2.60 Mn
Sep 30, 2018 2.29 Mn
Jun 30, 2018 1.82 Mn
Mar 31, 2018 1.81 Mn