Polestar Automotive Holding UK (PSNY) Research & Development (2021 - 2024)

Polestar Automotive Holding UK (PSNY) posted quarterly Research & Development of -$11.6 million for Q2 2024, up 75.48% YoY from -$6.6 million in Q3 2023, and up 1.59% sequentially from -$11.8 million in Q1 2024.

Polestar Automotive Holding UK (PSNY) Research & Development (2021 - 2024) Analysis & Trends

Polestar Automotive Holding UK has disclosed Research & Development across 4 years of filings, most recently posting -$11.6 million for Q2 2024.

  • In Q2 2024, Research & Development rose 75.48% year-over-year to -$11.6 million; the TTM figure through Jun 2024 stood at -$65.8 million (up 57.65% YoY), while the FY2025 annual figure was -$78.0 million, down 105.26% from the prior year.
  • Research & Development climbed to -$11.6 million in Q2 2024, from -$11.8 million in the prior quarter.
  • Over the last five years, Research & Development for PSNY reached as high as $12.5 million in Q4 2023 and fell as low as -$75.5 million in Q4 2021.
  • The 4-year median for Research & Development is -$41.5 million (2023), against an average of -$37.2 million.
  • The widest YoY moves for Research & Development: up 126.21% in 2023, down 123.05% in 2023.
  • A 4-year view of Research & Development shows it stood at -$75.5 million in 2021, then soared by 36.93% to -$47.6 million in 2022, then soared by 126.21% to $12.5 million in 2023, then plunged by 192.91% to -$11.6 million in 2024.
  • According to Business Quant data, Research & Development over the past three periods registered -$11.6 million, -$11.8 million, and $12.5 million for Q2 2024, Q1 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 1.95 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn -
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn -
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -421.43 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 458.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -394.63 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -273.27 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -2,535.42 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 335.67 Mn
10 Polestar Automotive Holding UK - - -20.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 -11.60 Mn
Mar 31, 2024 -11.79 Mn
Dec 31, 2023 12.49 Mn
Sep 30, 2023 -54.87 Mn
Jun 30, 2023 -47.30 Mn
Mar 31, 2023 -35.75 Mn
Dec 31, 2022 -47.63 Mn
Sep 30, 2022 -24.60 Mn
Jun 30, 2022 -66.67 Mn
Mar 31, 2022 -32.09 Mn
Dec 31, 2021 -75.52 Mn
Sep 30, 2021 -50.53 Mn