Polestar Automotive Holding UK (PLSAY) Free Cash Flow (2021 - 2024)
Polestar Automotive Holding UK (PLSAY) posted quarterly Free Cash Flow of -$38.6 million for Q2 2024, up 90.96% YoY from -$20.2 million in Q3 2023, and up 83.15% sequentially from -$229.1 million in Q1 2024.
Polestar Automotive Holding UK (PLSAY) Free Cash Flow (2021 - 2024) Analysis & Trends
Polestar Automotive Holding UK has disclosed Free Cash Flow across 4 years of filings, most recently posting -$38.6 million for Q2 2024.
- In Q2 2024, Free Cash Flow rose 90.96% year-over-year to -$38.6 million; the TTM figure through Jun 2025 stood at -$38.6 million (up 97.62% YoY), while the FY2025 annual figure was -$756.0 million, up 10.32% from the prior year.
- Free Cash Flow advanced to -$38.6 million in Q2 2024, from -$229.1 million in the prior quarter.
- Over the last five years, Free Cash Flow for PLSAY reached as high as $41.8 million in Q1 2022 and fell as low as -$748.1 million in Q4 2023.
- The 4-year median for Free Cash Flow is -$240.7 million (2023), against an average of -$304.9 million.
- Annual changes were most pronounced in 2022 — Free Cash Flow plunged 2041.02% — and 2024, when it surged 90.96%.
- A 4-year view of Free Cash Flow shows it stood at -$218.5 million in 2021, then jumped by 55.49% to -$97.2 million in 2022, then sank by 669.3% to -$748.1 million in 2023, then jumped by 94.84% to -$38.6 million in 2024.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$38.6 million, -$229.1 million, and -$748.1 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 1.44 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | -1.06 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | -324.00 Mn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | - |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -1.24 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -692.07 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | - |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -18,429.93 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -1.44 Bn |
| 10 | Polestar Automotive Holding UK | - | - | -20.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -38.60 Mn |
| Jun 30, 2024 | -38.60 Mn |
| Dec 31, 2023 | -748.12 Mn |
| Dec 31, 2023 | -748.12 Mn |
| Sep 30, 2023 | -603.88 Mn |
| Sep 30, 2023 | -603.88 Mn |
| Jun 30, 2023 | -426.93 Mn |
| Jun 30, 2023 | -426.93 Mn |
| Mar 31, 2023 | -252.31 Mn |
| Mar 31, 2023 | -252.31 Mn |
| Dec 31, 2022 | -97.25 Mn |
| Dec 31, 2022 | -97.25 Mn |
| Sep 30, 2022 | -615.67 Mn |
| Sep 30, 2022 | -615.67 Mn |
| Jun 30, 2022 | -442.14 Mn |
| Jun 30, 2022 | -442.14 Mn |
| Dec 31, 2021 | -218.48 Mn |
| Dec 31, 2021 | -218.48 Mn |
| Sep 30, 2021 | -28.76 Mn |
| Sep 30, 2021 | -28.76 Mn |