Polar Power (POLA) Research & Development (2018 - 2026)
Polar Power (POLA) posted Research & Development of $128,000 for Q2 2026, down 12.3% from $146,000 a year earlier and down 24.3% from the prior quarter.
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Analysis
Polar Power (POLA) Research & Development (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Polar Power was $637,000, down 3.9% year-over-year; for FY2025, it came in at $646,000, down 16.2% from FY2024.
- Annual Research & Development has declined for four consecutive years, with a five-year compound annual growth rate of -17.8% (FY2020 to FY2025).
- In prior years, Polar Power's Research & Development was $771,000 in FY2024 (-36.9%), $1.22 million in FY2023 (-16.3%), $1.46 million in FY2022 (-26.5%) and $1.99 million in FY2021 (+15.3%).
- The Q2 2026 figure stands as the lowest quarterly Research & Development in data going back to Q1 2018.
- On a year-over-year basis, Research & Development increased in 1 of the last eight quarters, with an average decline of 16.7%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2021, with growth of 21.0%; the weakest was Q3 2024, with a decline of 42.5%.
- According to Business Quant data, Research & Development for the three prior quarters was $169,000 (Q1 2026), $183,000 (Q4 2025) and $157,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | - |
| 10 | Polar Power | 4.61 Mn | 4.20 Mn | -337,000.00 | 128,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 128,000.00 |
| Mar 31, 2026 | 169,000.00 |
| Dec 31, 2025 | 183,000.00 |
| Sep 30, 2025 | 157,000.00 |
| Jun 30, 2025 | 146,000.00 |
| Mar 31, 2025 | 160,000.00 |
| Dec 31, 2024 | 185,000.00 |
| Sep 30, 2024 | 172,000.00 |
| Jun 30, 2024 | 195,000.00 |
| Mar 31, 2024 | 220,000.00 |
| Dec 31, 2023 | 239,000.00 |
| Sep 30, 2023 | 299,000.00 |
| Jun 30, 2023 | 338,000.00 |
| Mar 31, 2023 | 346,000.00 |
| Dec 31, 2022 | 315,000.00 |
| Sep 30, 2022 | 319,000.00 |
| Jun 30, 2022 | 350,000.00 |
| Mar 31, 2022 | 476,000.00 |
| Dec 31, 2021 | 501,000.00 |
| Sep 30, 2021 | 533,000.00 |
API Access
Polar Power Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=POLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "POLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();