Polar Power (POLA) Operating Expenses (2018 - 2026)
Polar Power (POLA) posted Operating Expenses of $1.3 million for Q2 2026, up 20.07% on a QoQ basis from $1.1 million in Q1 2026, and up 28.27% year-over-year from $1.0 million in Q2 2025.
Analysis
Polar Power (POLA) Operating Expenses (2018 - 2026) Analysis & Trends
Polar Power has reported Operating Expenses for 9 years, with the latest figure at $1.3 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 28.27% year-over-year to $1.3 million in Q2 2026; TTM through Jun 2026 was $5.3 million, a 0.96% increase from a year earlier, with the FY2025 full-year figure at $5.3 million, down 7.42% from the prior year.
- Operating Expenses was $1.3 million for Q2 2026 at Polar Power, up from $1.1 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 $1.5 million, with a median of $1.6 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 51.44% in 2022, then retreated 26.49% in 2023.
- Over 5 years, Operating Expenses 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 increased by 12.2% to $1.3 million in 2026.
- The last three Operating Expenses figures came in at $1.3 million (Q2 2026), $1.1 million (Q1 2026), and $1.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 197.45 Bn | 191.35 Bn | 3.55 Bn | 963.40 Mn |
| 2 | Eaton | 159.08 Bn | 158.38 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Vertiv Holdings | 95.42 Bn | 92.31 Bn | 1.23 Bn | 490.50 Mn |
| 4 | TE Connectivity | 59.47 Bn | 58.23 Bn | 1.84 Bn | 92.00 Mn |
| 5 | nVent Electric | 25.12 Bn | 24.86 Bn | 558.00 Mn | 257.30 Mn |
| 6 | Hubbell | 23.93 Bn | 23.53 Bn | 613.00 Mn | 264.40 Mn |
| 7 | Advanced Energy Industries | 10.64 Bn | 9.23 Bn | 236.10 Mn | 141.00 Mn |
| 8 | Aptiv | 9.63 Bn | 8.87 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Valmont Industries | 9.23 Bn | 9.10 Bn | 340.82 Mn | 174.71 Mn |
| 10 | Polar Power | 4.84 Mn | 4.65 Mn | -337,000.00 | 1.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 Mn |
| 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 |