Polestar Automotive Holding UK (PSNY) Gross Margin (2021 - 2026)

Polestar Automotive Holding UK (PSNY) recorded quarterly Gross Margin of 3.16% in Q1 2026, up 96.75% quarter-over-quarter from 97.16% in Q2 2025, and down 1344.0% on a YoY basis from 0.25% in Q1 2025.

Polestar Automotive Holding UK (PSNY) Gross Margin (2021 - 2026) Analysis & Trends

Polestar Automotive Holding UK's Gross Margin history runs 6 years deep, the most recent figure standing at 3.16% for Q1 2026.

  • In Q1 2026, Gross Margin fell 1344.0% year-over-year to 3.16%; the TTM figure through Mar 2026 stood at 24.72% (down 571.0% YoY), while the FY2025 annual figure was 35.45%, up 762.0% from the prior year.
  • Gross Margin was 3.16% for Q1 2026 at Polestar Automotive Holding UK, up from 97.16% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 10.3% in Q2 2022 to a low of 97.16% in Q2 2025.
  • Historically, Gross Margin has averaged 12.43% across 5 years, with a median of 0.13% in 2023.
  • Biggest YoY gain for Gross Margin was 1963 bps in 2025; the steepest drop was 9643 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 6.29% in 2022, then sank by 1410 bps to 82.38% in 2023, then surged by 99 bps to 0.73% in 2024, then slumped by 13199 bps to 97.16% in 2025, then surged by 97 bps to 3.16% in 2026.
  • The last three Gross Margin figures came in at 3.16% (Q1 2026), 97.16% (Q2 2025), and 10.28% (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 21.08%
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn 12.65%
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn 10.98%
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 51.89%
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn 18.36%
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 8.62%
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn 18.91%
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -39.92%
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - -
10 Polestar Automotive Holding UK 474.84 Mn -239.16 Mn -20.00 Mn -3.16%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.16%
Jun 30, 2025 -97.16%
Mar 31, 2025 10.28%
Jun 30, 2024 -0.73%
Mar 31, 2024 -9.35%
Dec 31, 2023 -82.38%
Sep 30, 2023 0.59%
Jun 30, 2023 0.13%
Mar 31, 2023 4.27%
Dec 31, 2022 6.29%
Sep 30, 2022 0.93%
Jun 30, 2022 10.30%
Mar 31, 2022 -1.61%
Dec 31, 2021 -0.03%
Sep 30, 2021 -16.32%