Polar Power (POLA) Research & Development (2018 - 2026)
Polar Power (POLA) recorded quarterly Research & Development of $169000.0 in Q1 2026, down 7.65% quarter-over-quarter from $183000.0 in Q4 2025, and up 5.62% on a YoY basis from $160000.0 in Q1 2025.
Polar Power (POLA) Research & Development (2018 - 2026) Analysis & Trends
Polar Power's Research & Development history runs 9 years deep, the most recent figure standing at $169000.0 for Q1 2026.
- In Q1 2026, Research & Development rose 5.62% year-over-year to $169000.0; the TTM figure through Mar 2026 stood at $655000.0 (down 8.01% YoY), while the FY2025 annual figure was $646000.0, down 16.21% from the prior year.
- Research & Development was $169000.0 for Q1 2026 at Polar Power, down from $183000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $476000.0 in Q1 2022 to a low of $146000.0 in Q2 2025.
- Historically, Research & Development has averaged $251117.6 across 5 years, with a median of $220000.0 in 2024.
- The sharpest annual moves came in 2024 and 2026: Research & Development plunged 42.47% in 2024, then rose 5.62% in 2026.
- A 5-year view of Research & Development shows it stood at $315000.0 in 2022, then fell by 24.13% to $239000.0 in 2023, then dropped by 22.59% to $185000.0 in 2024, then retreated by 1.08% to $183000.0 in 2025, then declined by 7.65% to $169000.0 in 2026.
- The last three Research & Development figures came in at $169000.0 (Q1 2026), $183000.0 (Q4 2025), and $157000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 56.85 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 22.70 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 62.40 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 4.29 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 10.94 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | Polar Power | 6.05 Mn | 6.02 Mn | 1.14 Mn | 169,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 463,000.00 |