Polar Power (POLA) Operating Expenses (2018 - 2026)
Polar Power (POLA) posted quarterly Operating Expenses of $1.1 million for Q1 2026, down 21.82% year-over-year from $1.4 million in Q1 2025, and down 6.56% quarter-over-quarter from $1.2 million in Q4 2025.
Polar Power (POLA) Operating Expenses (2018 - 2026) Analysis & Trends
Polar Power's Operating Expenses history runs 9 years deep, the most recent figure standing at $1.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 21.82% year-over-year to $1.1 million; the TTM figure through Mar 2026 stood at $5.0 million (down 10.41% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Expenses is $1.6 million (2023), against an average of $1.6 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 51.44% in 2022, then declined 26.49% in 2023.
- Polar Power's Operating Expenses stood at $1.7 million in 2022, then retreated by 10.75% to $1.5 million in 2023, then declined by 12.23% to $1.4 million in 2024, then fell by 12.32% to $1.2 million in 2025, then decreased by 6.56% to $1.1 million in 2026.
- Business Quant data shows POLA's Operating Expenses at $1.1 million in Q1 2026, $1.2 million in Q4 2025, and $1.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.11 Bn | 98.00 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 57.80 Bn | 55.13 Bn | 355.57 Mn | 173.34 Mn |
| 3 | Hubbell | 24.95 Bn | 24.55 Bn | 613.00 Mn | 264.40 Mn |
| 4 | nVent Electric | 24.82 Bn | 24.56 Bn | 558.00 Mn | 257.30 Mn |
| 5 | Advanced Energy Industries | 11.13 Bn | 9.71 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.40 Bn | 9.99 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.24 Bn | 6.61 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.95 Bn | 6.42 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Plug Power | 3.20 Bn | 2.88 Bn | -1.68 Mn | 62.43 Mn |
| 10 | Polar Power | 5.54 Mn | 5.36 Mn | -337,000.00 | 1.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |