Quick Answer
Polar Power, Inc. reported R&D Expense of $771.0 thousand for fiscal year 2024.
Polar Power, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $771.0K | -36.9% |
| 2023 | $1.22M | -16.3% |
| 2022 | $1.46M | -26.5% |
| 2021 | $1.99M | +15.3% |
| 2020 | $1.72M | -24.3% |
| 2019 | $2.28M | +19.3% |
| 2018 | $1.91M | +42.9% |
| 2017 | $1.33M | +523.9% |
| 2016 | $213.9K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $157.0K | -8.7% | +7.5% |
| June 30, 2025 | $146.0K | -25.1% | -8.8% |
| March 31, 2025 | $160.0K | -27.3% | -7.0% |
| September 30, 2024 | $172.0K | -42.5% | -11.8% |
| June 30, 2024 | $195.0K | -42.3% | -11.4% |
| March 31, 2024 | $220.0K | -36.4% | -26.4% |
| September 30, 2023 | $299.0K | -6.3% | -11.5% |
| June 30, 2023 | $338.0K | -3.4% | -2.3% |
- Polar Power, Inc. showed a decrease of -36.9% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2024 period, Polar Power, Inc.’s r&d expense has grown by 260.4% (from $213.9 thousand to $771.0 thousand).
- The most recent figure is from Polar Power, Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on March 31, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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