Polestar Automotive Holding UK (PSNY) Operating Expenses (2021 - 2024)

Polestar Automotive Holding UK (PSNY) recorded quarterly Operating Expenses of -$237.4 million in Q2 2024, down 6.03% quarter-over-quarter from -$223.9 million in Q1 2024, and up 22.47% on a YoY basis from -$193.8 million in Q3 2023.

Polestar Automotive Holding UK (PSNY) Operating Expenses (2021 - 2024) Analysis & Trends

Polestar Automotive Holding UK's Operating Expenses history runs 4 years deep, the most recent figure standing at -$237.4 million for Q2 2024.

  • In Q2 2024, Operating Expenses rose 22.47% year-over-year to -$237.4 million; the TTM figure through Jun 2025 stood at -$237.4 million (down 126.7% YoY), while the FY2025 annual figure was -$934.0 million, down 0.54% from the prior year.
  • Operating Expenses was -$237.4 million for Q2 2024 at Polestar Automotive Holding UK, down from -$223.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q4 2023 to a low of -$312.1 million in Q4 2021.
  • Historically, Operating Expenses has averaged -$105.4 million across 4 years, with a median of -$249.9 million in 2021.
  • Biggest YoY gain for Operating Expenses was 672.35% in 2023; the steepest drop was 43.3% in 2023.
  • A 4-year view of Operating Expenses shows it stood at -$312.1 million in 2021, then increased by 8.1% to -$286.8 million in 2022, then surged by 672.35% to $1.6 billion in 2023, then slumped by 114.46% to -$237.4 million in 2024.
  • The last three Operating Expenses figures came in at -$237.4 million (Q2 2024), -$223.9 million (Q1 2024), and $1.6 billion (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 3.78 Bn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn 76.70 Bn
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn 40.70 Bn
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 479.59 Mn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn 40.92 Bn
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 1.00 Bn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn -282.20 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -11,212.24 Bn
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 -

Historic Data

Download Data
DateValue
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
Mar 31, 2023 -249.94 Mn
Dec 31, 2022 -286.81 Mn
Sep 30, 2022 -203.14 Mn
Jun 30, 2022 -300.90 Mn
Mar 31, 2022 -244.64 Mn
Dec 31, 2021 -312.10 Mn
Sep 30, 2021 -249.82 Mn