Polar Power (POLA) Operating Expenses (2018 - 2026)
Polar Power's (POLA) 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 (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.
- On a quarterly basis, Operating Expenses fell 21.82% year-over-year to $1.1 million in Q1 2026; TTM through Mar 2026 was $5.0 million, a 10.41% decrease from a year earlier, with the FY2025 full-year figure at $5.3 million, down 7.42% from the prior year.
- Operating Expenses declined to $1.1 million in Q1 2026 per POLA's latest filing, from $1.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $2.1 million in Q3 2022 and bottomed 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.
- Across the five-year window, Operating Expenses jumped 51.44% in 2022 and decreased 26.49% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $1.7 million in 2022, then decreased by 10.75% to $1.5 million in 2023, then fell by 12.23% to $1.4 million in 2024, then retreated by 12.32% to $1.2 million in 2025, then slipped by 6.56% to $1.1 million in 2026.
- Per Business Quant, the three latest POLA Operating Expenses figures stand at $1.1 million (Q1 2026), $1.2 million (Q4 2025), and $1.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 2.76 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 451.80 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 153.35 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 241.50 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 249.90 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 132.60 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 413.10 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 30.13 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 589.73 Mn |
| 10 | Polar Power | 5.46 Mn | 5.44 Mn | 1.14 Mn | 1.11 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 |