Polestar Automotive Holding UK PLC(PSNY)Earnings, Financials & Key Ratios
PSNY•NASDAQ
$19.07
$40.24B mkt cap·Price updated May 6, 2026
AboutPolestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.Show more
- Revenue$2.03B-14.5%
- EBITDA-$1.76B-28.8%
- Net Income-$2.05B-71.6%
- EPS (Diluted)-0.97-70.2%
- Gross Margin-43.07%-148.0%
- EBITDA Margin-86.4%-50.6%
- Operating Margin-89.14%-43.3%
- Net Margin-100.77%-100.6%
- ROIC-109.3%+7.5%
- Interest Coverage-5.41+24.6%
PSNY Key Insights
Polestar Automotive Holding UK PLC (PSNY) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 99 (top 1%)
- ✓Strong 5Y sales CAGR of 85.6%
✗Weaknesses
- ✗Weak Piotroski F-Score: 1/9
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PSNY Price & Volume
Polestar Automotive Holding UK PLC (PSNY) stock price & volume — 10-year historical chart
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PSNY Growth Metrics
Polestar Automotive Holding UK PLC (PSNY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years85.58%
3 Years14.83%
TTM23.52%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-59.61%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-58.85%
Return on Capital
10 Years-134.72%
5 Years-155.33%
3 Years-168.62%
Last Year-109.3%
PSNY Recent Earnings
Polestar Automotive Holding UK PLC (PSNY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 2/12 qtrs (18%)
Q4 2025Latest
Sep 3, 2025EPS
$8.46
Est $0.12
-6779.8%
Revenue
$711M
Q2 2025
May 12, 2025EPS
$1.07
Est $0.13
-723.1%
Revenue
$564M
Est $730M
-22.7%
Q2 2025
Apr 10, 2025EPS
$8.46
Est $0.12
-6893.5%
Revenue
$711M
Est $572M
+24.3%
Q1 2025
Jan 2, 2025EPS
$0.15
Est $0.15
+0.0%
Revenue
$564M
Est $792M
-28.7%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Sep 3, 2025 | $8.46vs $0.12-6779.8% | $711M |
| Q2 2025 | May 12, 2025 | $1.07vs $0.13-723.1% | $564Mvs $730M-22.7% |
| Q2 2025 | Apr 10, 2025 | $8.46vs $0.12-6893.5% | $711Mvs $572M+24.3% |
| Q1 2025 | Jan 2, 2025 | $0.15vs $0.15+0.0% | $564Mvs $792M-28.7% |
Based on last 12 quarters of dataView full earnings history →
PSNY Peer Comparison
Polestar Automotive Holding UK PLC (PSNY) competitors in Electric-only passenger car makers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RIVN | 18.06B | 14.60 | -4.76 | 8.39% | -63.62% | -69.6% | 1.45 | |
 LCID | 2.06B | 6.25 | -0.52 | 67.58% | -300.36% | -293.86% | 1.20 | |
 TSLA | 1.46T | 389.30 | 360.46 | -2.93% | 3.96% | 4.75% | 0.43% | 0.10 |
 NIO | 12.34B | 5.90 | -3.65 | 18.18% | -35.01% | -270.66% | 2.50 | |
 LI | 35.7B | 17.78 | 16.08 | 16.71% | 3.59% | 6.21% | 3.37% | 0.23 |
 XPEV | 5.52B | 15.82 | -17.62 | 33.22% | -7.1% | -13.77% | 0.51 | |
 ZK | 6.85B | 26.73 | -0.98 | 46.91% | -3.68% | 21.67% | ||
 GM | 68.66B | 76.15 | 23.29 | -1.29% | 1.38% | 3.84% | 16.13% | 2.06 |
Compare PSNY vs Peers
Polestar Automotive Holding UK PLC (PSNY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PSNY Income Statement
Polestar Automotive Holding UK PLC (PSNY) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 92.42M | 610.25M | 1.34B | 2.44B | 2.38B | 2.03B | 2.55B |
| Revenue Growth % | - | 560.33% | 120.18% | 81.66% | -2.55% | -14.48% | 23.52% |
| Cost of Goods Sold | 39.79M | 553.72M | 1.34B | 2.34B | 2.79B | 2.91B | 3.38B |
| COGS % of Revenue | 43.06% | 90.74% | 99.48% | 95.97% | 117.37% | 143.07% | - |
| Gross Profit | 52.63M▲ 0% | 56.52M▲ 7.4% | 11.06M▼ 80.4% | 119.44M▲ 980.3% | -413.08M▼ 445.8% | -876.17M▼ 112.1% | -828.47M▲ 0% |
| Gross Margin % | 56.94% | 9.26% | 0.82% | 4.89% | -17.37% | -43.07% | -32.48% |
| Gross Profit Growth % | - | 7.4% | -80.44% | 980.35% | -445.84% | -112.11% | - |
| Operating Expenses | 244.53M | 499.49M | 971.69M | 1.03B | 1.07B | 937.14M | 1.62B |
| OpEx % of Revenue | 264.6% | 81.85% | 72.32% | 42.34% | 44.85% | 46.07% | - |
| Selling, General & Admin | 210.57M | 314.93M | 686.96M | 864.6M | 949.68M | 890.7M | 657.71M |
| SG&A % of Revenue | 227.85% | 51.61% | 51.13% | 35.42% | 39.93% | 43.79% | - |
| Research & Development | 34.39M | 183.85M | 234.02M | 170.99M | 158.41M | 38.35M | 38.76M |
| R&D % of Revenue | 37.21% | 30.13% | 17.42% | 7.01% | 6.66% | 1.89% | - |
| Other Operating Expenses | -425K | 712K | 50.72M | -2.18M | -41.2M | 8.09M | 4M |
| Operating Income | -191.91M▲ 0% | -440.49M▼ 129.5% | -960.64M▼ 118.1% | -913.96M▲ 4.9% | -1.48B▼ 61.9% | -1.81B▼ 22.5% | -2.44B▲ 0% |
| Operating Margin % | -207.66% | -72.18% | -71.5% | -37.44% | -62.22% | -89.14% | -95.82% |
| Operating Income Growth % | - | -129.53% | -118.08% | 4.86% | -61.93% | -22.52% | - |
| EBITDA | -159.36M | -224.41M | -749.06M | -773.15M | -1.36B | -1.76B | -2.41B |
| EBITDA Margin % | -172.44% | -36.77% | -55.75% | -31.68% | -57.37% | -86.4% | -94.37% |
| EBITDA Growth % | - | -40.82% | -233.79% | -3.22% | -76.49% | -28.81% | -81.77% |
| D&A (Non-Cash Add-back) | 32.55M | 216.08M | 211.58M | 140.81M | 115.44M | 55.72M | 36.96M |
| EBIT | -177.02M | -442.97M | -927.68M | -370.32M | -942.33M | -1.72B | -454.16M |
| Net Interest Income | -7.91M | -23.31M | -43.82M | -69.82M | -174.16M | -314.54M | -317.24M |
| Interest Income | 13.29M | 3.2M | 1.4M | 7.66M | 32.28M | 21.09M | 40.51M |
| Interest Expense | 21.19M | 26.5M | 45.2M | 77.48M | 206.48M | 335.41M | 262.18M |
| Other Income/Expense | -4.97M | -30.84M | -49.89M | 836.1M | 278M | -245.75M | 439.6M |
| Pretax Income | -195.96M▲ 0% | -471.32M▼ 140.5% | -1.01B▼ 114.4% | -449M▲ 55.6% | -1.2B▼ 167.7% | -2.06B▼ 71.3% | -2B▲ 0% |
| Pretax Margin % | -212.04% | -77.23% | -75.21% | -18.4% | -50.53% | -101.22% | -78.59% |
| Income Tax | 2.02M | 13.54M | -3.08M | 29.76M | -7.14M | -9.17M | -3.43M |
| Effective Tax Rate % | -1.03% | -2.87% | 0.3% | -6.63% | 0.59% | 0.45% | 0.17% |
| Net Income | -197.97M▲ 0% | -484.86M▼ 144.9% | -1.01B▼ 107.8% | -479.02M▲ 52.5% | -1.19B▼ 149.4% | -2.05B▼ 71.6% | -2.27B▲ 0% |
| Net Margin % | -214.22% | -79.45% | -74.98% | -19.63% | -50.23% | -100.77% | -89.04% |
| Net Income Growth % | - | -144.91% | -107.78% | 52.45% | -149.43% | -71.56% | -59.61% |
| Net Income (Continuing) | -197.97M | -484.86M | -1.01B | -477.45M | -1.19B | -2.05B | -2B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.99▲ 0% | -0.29▲ 70.7% | -0.46▼ 58.6% | -0.22▲ 52.2% | -0.57▼ 159.1% | -0.97▼ 70.2% | -1.07▲ 0% |
| EPS Growth % | - | 70.71% | -58.62% | 52.17% | -159.09% | -70.18% | -58.85% |
| EPS (Basic) | -0.99 | -0.29 | -0.46 | -0.24 | -0.57 | -0.97 | - |
| Diluted Shares Outstanding | 200M | 1.68B | 2.12B | 2.11B | 2.11B | 2.11B | 2.11B |
| Basic Shares Outstanding | 200M | 1.68B | 2.12B | 2.03B | 2.1B | 2.11B | 2.11B |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
PSNY Balance Sheet
Polestar Automotive Holding UK PLC (PSNY) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 527.48M | 1.17B | 1.61B | 2.18B | 2.27B | 2.3B | 2.21B |
| Cash & Short-Term Investments | 236.2M | 316.42M | 757.93M | 973.88M | 768.93M | 739.24M | 718.63M |
| Cash Only | 236.2M | 316.42M | 756.68M | 973.88M | 768.93M | 739.24M | 718.63M |
| Short-Term Investments | 0 | 0 | 1.26M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 45.39M | 357.13M | 246.8M | 318.8M | 474.31M | 418.93M | 419.4M |
| Days Sales Outstanding | 179.28 | 213.6 | 67.05 | 47.67 | 72.78 | 75.17 | 48.82 |
| Inventory | 22.71M | 432.53M | 545.74M | 657.88M | 927.69M | 1.08B | 805.7M |
| Days Inventory Outstanding | 208.29 | 285.11 | 149.02 | 102.51 | 121.29 | 135.36 | 101.8 |
| Other Current Assets | 218.38M | 55.95M | 10M | 197.43M | 64.33M | 11.6M | 270.28M |
| Total Non-Current Assets | 1.02B | 1.38B | 1.7B | 1.76B | 1.85B | 1.76B | 1.43B |
| Property, Plant & Equipment | 120.24M | 201.67M | 328.82M | 354.79M | 384.8M | 593.88M | 343.61M |
| Fixed Asset Turnover | 0.77x | 3.03x | 4.09x | 6.88x | 6.18x | 3.43x | 5.22x |
| Goodwill | 51.83M | 59.13M | 53.28M | 46.46M | 48.06M | 43.79M | 53.32M |
| Intangible Assets | 844.26M | 1.11B | 1.32B | 1.35B | 1.36B | 997.06M | 784.35M |
| Long-Term Investments | 0 | 0 | 0 | 2.33M | 2.41M | 0 | 0 |
| Other Non-Current Assets | 4.54M | 1.44M | 1.68M | 5.31M | 7.92M | 39.74M | 451.69M |
| Total Assets | 1.55B▲ 0% | 2.55B▲ 64.6% | 3.31B▲ 29.9% | 3.94B▲ 19.1% | 4.12B▲ 4.5% | 4.05B▼ 1.6% | 3.64B▲ 0% |
| Asset Turnover | 0.06x | 0.24x | 0.41x | 0.62x | 0.58x | 0.50x | 0.66x |
| Asset Growth % | - | 64.6% | 29.87% | 19.12% | 4.54% | -1.62% | -25.59% |
| Total Current Liabilities | 941.6M | 1.87B | 3.04B | 3.19B | 3.52B | 4.74B | 5.2B |
| Accounts Payable | 317.76M | 1.15B | 1.54B | 1.03B | 368.14M | 893.91M | 757.74M |
| Days Payables Outstanding | 2.91K | 755.02 | 421.06 | 160.9 | 48.13 | 112.11 | 89.19 |
| Short-Term Debt | 534.04M | 363.49M | 734.12M | 1.35B | 2.09B | 2.61B | 3.2B |
| Deferred Revenue (Current) | 0 | 30.23M | 94.78M | 68.1M | 91.29M | 54.99M | 92.32M |
| Other Current Liabilities | 9.74M | 49.13M | 606.07M | 266.81M | 255M | 399.49M | 865.96M |
| Current Ratio | 0.56x | 0.63x | 0.53x | 0.68x | 0.65x | 0.48x | 0.48x |
| Quick Ratio | 0.54x | 0.40x | 0.35x | 0.48x | 0.38x | 0.26x | 0.26x |
| Cash Conversion Cycle | -2.53K | -256.31 | -204.99 | -10.71 | 145.94 | 98.42 | 61.42 |
| Total Non-Current Liabilities | 15.59M | 99.66M | 146.48M | 912.95M | 1.86B | 2.64B | 2.71B |
| Long-Term Debt | 0 | 0 | 0 | 43.64M | 1.41B | 2.34B | 2.38B |
| Capital Lease Obligations | 12.22M | 61.84M | 66.58M | 31.33M | 54.44M | 47.92M | 252.84M |
| Deferred Tax Liabilities | 0 | 6.55M | 509K | 12.47M | 3.33M | 630K | 1.16M |
| Other Non-Current Liabilities | 3.37M | 18.85M | 50.48M | 776.49M | 386.43M | 194.93M | 923.36M |
| Total Liabilities | 957.19M | 1.97B | 3.19B | 4.08B | 5.38B | 7.38B | 7.91B |
| Total Debt | 546.26M | 436.52M | 825.41M | 1.44B | 3.58B | 5.01B | 5.65B |
| Net Debt | 310.07M | 120.09M | 68.73M | 478.67M | 2.81B | 4.27B | 4.93B |
| Debt / Equity | 0.92x | 0.75x | 6.74x | - | - | - | -1.32x |
| Debt / EBITDA | - | - | - | - | - | - | -2.34x |
| Net Debt / EBITDA | - | - | - | - | - | - | -2.05x |
| Interest Coverage | -9.06x | -16.62x | -21.25x | -11.80x | -7.17x | -5.41x | -1.73x |
| Total Equity | 591.16M▲ 0% | 580.71M▼ 1.8% | 122.5M▼ 78.9% | -133.34M▼ 208.9% | -1.26B▼ 846.6% | -3.33B▼ 163.7% | -4.27B▲ 0% |
| Equity Growth % | - | -1.77% | -78.91% | -208.86% | -846.65% | -163.69% | -906.08% |
| Book Value per Share | 2.96 | 0.35 | 0.06 | -0.06 | -0.60 | -1.58 | -2.02 |
| Total Shareholders' Equity | 591.16M | 580.71M | 122.5M | -133.34M | -1.26B | -3.33B | -4.27B |
| Common Stock | 0 | 1.32B | 1.87B | 21.16M | 21.17M | 21.17M | 21.26M |
| Retained Earnings | -274.17M | -754.41M | -1.76B | -3.68B | -4.87B | -6.91B | -8.1B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -13.9M | 16.36M | -16.78M | -15.77M | -26.01M | -63.15M | -28.28M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PSNY Cash Flow Statement
Polestar Automotive Holding UK PLC (PSNY) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -190.06M | -57.05M | -312.16M | -1.09B | -1.89B | -991.21M | -991.21M |
| Operating CF Margin % | -205.66% | -9.35% | -23.23% | -44.59% | -79.62% | -48.73% | - |
| Operating CF Growth % | - | 69.98% | -447.16% | -248.66% | -74.01% | 47.66% | -443.04% |
| Net Income | -197.97M | -484.86M | -1.01B | -465.79M | -1.18B | -2.05B | -2.27B |
| Depreciation & Amortization | 32.55M | 216.08M | 239.16M | 185.06M | 115.01M | 55.72M | 65.68M |
| Stock-Based Compensation | 213K | 75.18M | 52.36M | 4.96M | 5M | 0 | 9.84M |
| Deferred Taxes | 2.02M | 13.54M | 336K | 16.78M | -7.14M | -9.17M | 0 |
| Other Non-Cash Items | 9.78M | 37.36M | 55.41M | -450.83M | 66.77M | 759.29M | 1.56B |
| Working Capital Changes | -36.65M | 85.66M | 348.03M | -378.53M | -891.6M | 252.84M | -253.49M |
| Change in Receivables | -62.32M | -268M | 48.57M | -220.12M | -141.38M | 85.02M | -179.8M |
| Change in Inventory | -20.8M | -428.07M | -169.82M | -226.64M | -364.3M | -255.37M | -73.69M |
| Change in Payables | 46.47M | 764.66M | 519.68M | 52.8M | -523.7M | 464.89M | 0 |
| Cash from Investing | -285.45M | -243.71M | -129.67M | -715.97M | -417.62M | -412.56M | -379.15M |
| Capital Expenditures | -285.45M | -243.71M | -129.67M | -713.47M | -137.4M | -147.89M | -152.04M |
| CapEx % of Revenue | 308.88% | 39.94% | 9.65% | 29.23% | 5.78% | 7.27% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -34.3M | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | -280.22M | -230.37M | -227.11M |
| Cash from Financing | 475.41M | 359.64M | 909.57M | 2.09B | 2.1B | 1.42B | 1.67B |
| Debt Issued (Net) | 21.85M | -213.38M | 278.02M | 703.42M | 2.08B | 1.42B | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 205.68M | 134.68M | 49.16M | -33.69M | 23.66M | 0 | 1.67B |
| Net Change in Cash | -18.86M▲ 0% | 80.23M▲ 525.4% | 440.25M▲ 448.8% | 217.2M▼ 50.7% | -205.61M▼ 194.7% | -29.03M▲ 85.9% | -668.91M▲ 0% |
| Free Cash Flow | -475.51M▲ 0% | -300.76M▲ 36.8% | -441.83M▼ 46.9% | -1.8B▼ 307.8% | -2.03B▼ 12.7% | -1.35B▲ 33.6% | -1.47B▲ 0% |
| FCF Margin % | -514.53% | -49.28% | -32.88% | -73.82% | -85.4% | -66.27% | -57.67% |
| FCF Growth % | - | 36.75% | -46.91% | -307.81% | -12.73% | 33.63% | 14.11% |
| FCF per Share | -2.38 | -0.18 | -0.21 | -0.85 | -0.96 | -0.64 | -0.64 |
| FCF Conversion (FCF/Net Income) | 0.96x | 0.12x | 0.31x | 2.27x | 1.59x | 0.48x | 0.65x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 293.12M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PSNY Key Ratios
Polestar Automotive Holding UK PLC (PSNY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -82.75% | -286.53% | - | - | - | 59.82% |
| Return on Invested Capital (ROIC) | -41.24% | -161.54% | -261.1% | -118.22% | -109.3% | -109.3% |
| Gross Margin | 9.26% | 0.82% | 4.89% | -17.37% | -43.07% | -32.48% |
| Net Margin | -79.45% | -74.98% | -19.63% | -50.23% | -100.77% | -89.04% |
| Debt / Equity | 0.75x | 6.74x | - | - | - | -1.32x |
| Interest Coverage | -16.62x | -21.25x | -11.80x | -7.17x | -5.41x | -1.73x |
| FCF Conversion | 0.12x | 0.31x | 2.27x | 1.59x | 0.48x | 0.65x |
| Revenue Growth | 560.33% | 120.18% | 81.66% | -2.55% | -14.48% | 23.52% |
PSNY Frequently Asked Questions
Polestar Automotive Holding UK PLC (PSNY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Polestar Automotive Holding UK PLC (PSNY) reported $2.55B in revenue for fiscal year 2024. This represents a 2660% increase from $92.4M in 2019.
Polestar Automotive Holding UK PLC (PSNY) saw revenue decline by 14.5% over the past year.
Polestar Automotive Holding UK PLC (PSNY) reported a net loss of $2.27B for fiscal year 2024.
Dividend & Returns
Polestar Automotive Holding UK PLC (PSNY) had negative free cash flow of $1.47B in fiscal year 2024, likely due to heavy capital investments.
Explore More PSNY
Polestar Automotive Holding UK PLC (PSNY) financial analysis — history, returns, DCA and operating performance tools
Full PSNY Stock Analysis
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates