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

Polestar Automotive Holding UK (PSNY) posted quarterly Operating Margin of 3.0% for Q1 2026, down 1329.0% YoY from 0.24% in Q1 2025, and up 96.91% sequentially from 97.16% in Q2 2025.

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

Polestar Automotive Holding UK has disclosed Operating Margin across 6 years of filings, most recently posting 3.0% for Q1 2026.

  • In Q1 2026, Operating Margin fell 1329.0% year-over-year to 3.0%; the TTM figure through Mar 2026 stood at 31.53% (up 2261.0% YoY), while the FY2025 annual figure was 65.7%, up 2344.0% from the prior year.
  • Operating Margin grew to 3.0% in Q1 2026, from 97.16% in the prior quarter.
  • Over the last five years, Operating Margin for PSNY reached as high as 10.28% in Q1 2025 and fell as low as 140.78% in Q4 2023.
  • The 5-year median for Operating Margin is 42.92% (2023), against an average of 53.48%.
  • Annual changes were most pronounced in 2022 — Operating Margin soared 9246 bps — and 2023, when it sank 12000 bps.
  • A 5-year view of Operating Margin shows it stood at 20.78% in 2022, then plunged by 578 bps to 140.78% in 2023, then jumped by 70 bps to 42.15% in 2024, then plunged by 131 bps to 97.16% in 2025, then soared by 97 bps to 3.0% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 3.0%, 97.16%, and 10.28% for Q1 2026, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 4.20%
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 5.38%
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 7.44%
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -14.38%
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -63.79%
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -13.05%
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 39.11%
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -98.92%
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -350.30%
10 Polestar Automotive Holding UK - - -20.00 Mn -3.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.00%
Jun 30, 2025 -97.16%
Mar 31, 2025 10.28%
Jun 30, 2024 -42.15%
Mar 31, 2024 -70.20%
Dec 31, 2023 -140.78%
Sep 30, 2023 -42.92%
Jun 30, 2023 -39.46%
Mar 31, 2023 -40.46%
Dec 31, 2022 -20.78%
Sep 30, 2022 -45.10%
Jun 30, 2022 -106.48%
Mar 31, 2022 -57.03%
Dec 31, 2021 -57.22%
Sep 30, 2021 -137.56%