Polestar Automotive Holding UK (PSNYW) Deferred Taxes (2021 - 2023)

Polestar Automotive Holding UK (PSNYW) posted quarterly Deferred Taxes of $18.3 million for Q3 2023, up 239.21% year-over-year from $5.4 million in Q3 2022, and up 239.46% quarter-over-quarter from -$13.1 million in Q2 2023.

Polestar Automotive Holding UK (PSNYW) Deferred Taxes (2021 - 2023) Analysis & Trends

Polestar Automotive Holding UK (PSNYW) has reported Deferred Taxes for 3 consecutive years, with $18.3 million the latest figure, recorded in Q3 2023.

  • In Q3 2023, Deferred Taxes rose 239.21% year-over-year to $18.3 million; the TTM figure through Sep 2023 stood at $11.8 million (up 241.15% YoY), while the FY2025 annual figure was -$4.0 million, up 55.56% from the prior year.
  • Deferred Taxes grew to $18.3 million in Q3 2023 per PSNYW's latest filing, from -$13.1 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $18.3 million in Q3 2023 and bottomed at -$13.1 million in Q2 2023.
  • Historically, Deferred Taxes has averaged $2.0 million across 3 years, with a median of $3.1 million in 2021.
  • On a YoY basis, Deferred Taxes climbed as much as 239.21% in 2023 and fell as far as 579.53% in 2023.
  • Polestar Automotive Holding UK's Deferred Taxes stood at -$9.1 million in 2021, then soared by 146.71% to $4.2 million in 2022, then soared by 332.33% to $18.3 million in 2023.
  • Business Quant data shows PSNYW's Deferred Taxes at $18.3 million in Q3 2023, -$13.1 million in Q2 2023, and $2.4 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Tesla 1,040.86 Bn 997.94 Bn 4.75 Bn -165.00 Mn
2 Toyota Motor 242.43 Bn 113.98 Bn 12.27 Bn 2.59 Bn
3 Polestar Automotive Holding UK 199.81 Bn 199.81 Bn -20.00 Mn -
4 Ford Motor 85.01 Bn 53.71 Bn 6.08 Bn -945.00 Mn
5 General Motors 78.23 Bn 55.16 Bn 7.33 Bn 67.00 Mn
6 Li Auto 25.97 Bn 12.60 Bn 262.11 Mn -
7 Xpeng 22.53 Bn 19.99 Bn 388.90 Mn -
8 Rivian Automotive 21.19 Bn 15.90 Bn 179.00 Mn -
9 Stellantis 16.26 Bn -24.66 Bn 5.55 Bn -
10 Nio 11.54 Bn 8.43 Bn 704.43 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 18.33 Mn
Jun 30, 2023 -13.14 Mn
Mar 31, 2023 2.39 Mn
Dec 31, 2022 4.24 Mn
Sep 30, 2022 5.40 Mn
Jun 30, 2022 2.74 Mn
Mar 31, 2022 4.40 Mn
Dec 31, 2021 -9.08 Mn
Sep 30, 2021 3.06 Mn