Polestar Automotive Holding UK (PLSAY) Operating Expenses (2021 - 2025)
Polestar Automotive Holding UK (PLSAY) posted quarterly Operating Expenses of -$1.0 million for Q1 2026, down 145.45% sequentially from $2.2 million in Q3 2025.
Polestar Automotive Holding UK (PLSAY) Operating Expenses (2021 - 2025) Analysis & Trends
Polestar Automotive Holding UK has disclosed Operating Expenses across 6 years of filings, most recently posting -$1.0 million for Q1 2026.
- In Q1 2026, Operating Expenses changed N/A year-over-year to -$1.0 million; the TTM figure through Mar 2026 stood at $1.2 million (up 100.26% YoY), while the FY2025 annual figure was -$934.0 million, down 0.54% from the prior year.
- Operating Expenses slipped to -$1.0 million in Q1 2026, from $2.2 million in the prior quarter.
- Over the last five years, Operating Expenses for PLSAY reached as high as $1.6 billion in Q4 2023 and fell as low as -$306.2 million in Q2 2023.
- The 5-year median for Operating Expenses is -$241.0 million (2022), against an average of -$58.4 million.
- The widest YoY moves for Operating Expenses: up 672.35% in 2023, down 43.23% in 2023.
- A 5-year view of Operating Expenses shows it stood at -$286.8 million in 2022, then soared by 672.35% to $1.6 billion in 2023, then slumped by 114.46% to -$237.4 million in 2024, then soared by 100.93% to $2.2 million in 2025, then sank by 145.45% to -$1.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$1.0 million, $2.2 million, and -$237.4 million for Q1 2026, Q3 2025, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 40.92 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -660.64 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 1.00 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -696.85 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -749.20 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -3,574.44 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 1.27 Bn |
| 10 | Polestar Automotive Holding UK | - | - | -20.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 2.20 Mn |
| Jun 30, 2024 | -237.40 Mn |
| Mar 31, 2024 | -223.89 Mn |
| Dec 31, 2023 | 1.64 Bn |
| Sep 30, 2023 | -291.11 Mn |
| Jun 30, 2023 | -306.20 Mn |
| Dec 31, 2022 | -286.81 Mn |
| Sep 30, 2022 | -203.24 Mn |
| Jun 30, 2022 | -300.90 Mn |
| Dec 31, 2021 | -312.10 Mn |
| Sep 30, 2021 | -249.82 Mn |