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
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 |
| 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 |