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
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