Polestar Automotive Holding UK PLC (PSNY) Stock Analysis
Consumer Cyclical · Auto Manufacturers · NasdaqGM
Polestar Automotive Holding UK PLC (PSNY) posted $3.06B in revenue for fiscal 2025 (up 50.3% year over year), with a net loss of $2.36B, and has compounded revenue about 7.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Polestar Automotive Holding UK PLC
Polestar Automotive Holding UK PLC has grown revenue from $2.44B to $3.06B over the last 4 fiscal years, compounding about 7.8% a year. The most recent year was up 50.3%, so growth is actually accelerating.
Net margin sits at -77.1%, up 23.7 points year over year on a -35.4% gross margin. It carries about $6.36B of total debt.
The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Polestar Automotive Holding UK PLC's SEC filings — descriptive, not advice. Ask the analyst your own question →
Polestar Automotive Holding UK PLC revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $2.44B | $2.37B | $2.03B | $3.06B |
| Gross profit | $101.12M | $-410.14M | $-876.17M | $-1.08B |
| Net income | $-479.02M | $-1.18B | $-2.05B | $-2.36B |
| Net margin | -19.6% | -49.9% | -100.8% | -77.1% |
Source: Polestar Automotive Holding UK PLC SEC filings (10-K).
Polestar Automotive Holding UK PLC: 3 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 31.5% over 3 years (2109.9M → 2775.1M) — existing holders' stakes are being diluted.
- Debt with negative operating cash flowCarries $10220.6M of debt while last year's operating cash flow was negative ($-915M).
- Currently unprofitableThe latest fiscal year was a net loss (net margin -77.1%).
Explore 4 years of Polestar Automotive Holding UK PLC financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Polestar Automotive Holding UK PLC financial history by metric
About Polestar Automotive Holding UK PLC
Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles in Europe, North America, the Asia-Pacific, the Middle East, and internationally. The company offers battery electric vehicles, including Polestar 2 (PS2); Polestar 3 (PS3); Polestar 4 (PS4); Polestar 5 (PS5); and Polestar 6 (PS6), a roadster. It also provides licenses and royalties; software and performance engineered kits; and carbon credits. In addition, the company is involved in vehicle leasing activity. Polestar Automotive Holding UK PLC was founded in 2017 and is headquartered in Gothenburg, Sweden.
Polestar Automotive Holding UK PLC — frequently asked questions
What is Polestar Automotive Holding UK PLC's revenue?
Polestar Automotive Holding UK PLC (PSNY) reported revenue of $3.06B for fiscal year 2025, up 50.3% from the prior year, according to its SEC filings.
Is Polestar Automotive Holding UK PLC profitable?
No — PSNY reported a net loss of $-2.36B in fiscal 2025.
What is PSNY's P/E ratio?
Polestar Automotive Holding UK PLC trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Polestar Automotive Holding UK PLC growing?
PSNY's revenue grew at roughly 7.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Polestar Automotive Holding UK PLC have?
As of fiscal year 2025, PSNY carried roughly $6.36B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Polestar Automotive Holding UK PLC's gross margin?
PSNY's gross margin was -35.4% in fiscal 2025 — gross profit of $-1.08B on revenue of $3.06B.
What is Polestar Automotive Holding UK PLC's market cap?
Polestar Automotive Holding UK PLC (PSNY) has a market capitalization of about $1.84B, based on the latest data in our nightly-refreshed cache.
When does Polestar Automotive Holding UK PLC's fiscal year end?
PSNY's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Polestar Automotive Holding UK PLC's official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.