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| Date | Value |
|---|---|
| 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 |