Polestar Automotive Holding UK PLC
PSNY Nasdaq· Motor Vehicles & Passenger Car Bodies
KIRA · Stoqly’s AI analyst, in plain words
- Polestar Automotive Holding UK PLC had $3.1B of revenue in fiscal 2025, up 50.3% on the year before. Over five years, revenue changed +38.0% a year on average.
- Its operating margin was −65.7%, up 23.4 pts: of every 100 in sales, about −66 is left after running the business.
- Polestar Automotive Holding UK PLC lost $2.4B in fiscal 2025.
- Free cash flow was −$1.1B in fiscal 2025, −35.1% of revenue.
- Polestar Automotive Holding UK PLC owes $5.2B more than it holds in cash.
Market cap
—
P/E
—
Revenue
$3.1B
Net income
−$2.4B
Free cash flow
−$1.1B
Operating margin
−65.7%
Polestar Automotive Holding UK PLC in 30 seconds · fiscal 2025
Are sales growing?
+50.3%
Yes. Sales grew 50.3% last year.
Does it make a profit?
−77.1%
No. It lost money last year.
Does profit turn into cash?
−35.1%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
What Polestar Automotive Holding UK PLC does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 17, 2026
- Legal name
- Polestar Automotive Holding UK PLC
- CIK
- 0001884082
Polestar Automotive Holding UK PLC · PSNY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.3B | $2.4B | $2.4B | $2.0B | $3.1B |
| Revenue growth | 120.2% | 81.7% | −3.0% | −14.1% | 50.3% |
| Gross margin | 0.8% | 4.1% | −17.3% | −43.1% | −35.4% |
| Operating margin | −71.5% | −52.7% | −62.1% | −89.1% | −65.7% |
| Net income | −$970M | −$479M | −$1.2B | −$2.0B | −$2.4B |
| Net margin | −72.2% | −19.6% | −49.9% | −100.8% | −77.1% |
| Diluted EPS | −$15.30 | −$7.20 | −$16.80 | −$29.10 | −$25.50 |
| Cash | |||||
| Cash from operations | −$324M | −$1.1B | −$1.9B | −$991M | −$915M |
| Capital expenditure | $24.7M | $32.3M | $137M | $148M | $159M |
| Free cash flow | −$349M | −$1.1B | −$2.0B | −$1.1B | −$1.1B |
| FCF margin | −26.0% | −45.6% | −85.8% | −56.0% | −35.1% |
| Share count change | 13.7% | 6.1% | 4.1% | 0.0% | 31.5% |
| Debt and strength | |||||
| Cash and short-term investments | $757M | $974M | $768M | $739M | $1.2B |
| Debt incl. finance leases | $642M | $1.3B | $3.5B | $4.9B | $6.4B |
| Shareholders' equity | −$184M | −$89.9M | −$1.3B | −$3.3B | −$5.1B |
| Current ratio | 0.5x | 0.7x | 0.6x | 0.5x | 0.4x |
| Interest coverage | −21.2x | −11.9x | −6.9x | −5.3x | −5.2x |
| Returns and quality | |||||
| Return on capital | — | −386.0% | −81.0% | −164.4% | −2,025.0% |
| Piotroski F-score | — | 4 | 0 | 1 | 3 |
| Altman Z'' | −6.6 | −6.9 | — | −13.0 | — |
Insiders bought, 12 months
$0.4M
7 insiders
Insiders sold, 12 months
$0.1M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Polestar Automotive Holding UK PLC · PSNY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001884082). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.