Polestar Automotive Holding UK (PSNY) Operating Expenses (2021 - 2025)

Polestar Automotive Holding UK (PSNY) 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 (PSNY) 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 PSNY 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
DateValue
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