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

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

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

Polestar Automotive Holding UK (PSNYW) has reported Research & Development for 4 consecutive years, with -$11.6 million the latest figure, recorded in 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 improved to -$11.6 million in Q2 2024 per PSNYW's latest filing, from -$11.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $12.5 million in Q4 2023 and bottomed at -$75.5 million in Q4 2021.
  • Historically, Research & Development has averaged -$37.2 million across 4 years, with a median of -$41.5 million in 2023.
  • On a YoY basis, Research & Development climbed as much as 126.21% in 2023 and fell as far as 123.05% in 2023.
  • Polestar Automotive Holding UK's Research & Development stood at -$75.5 million in 2021, then jumped by 36.93% to -$47.6 million in 2022, then jumped by 126.21% to $12.5 million in 2023, then tumbled by 192.91% to -$11.6 million in 2024.
  • Business Quant data shows PSNYW's Research & Development at -$11.6 million in Q2 2024, -$11.8 million in Q1 2024, and $12.5 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 2.37 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn -
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 15.60 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn -
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn -
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn -394.63 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -421.43 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn 466.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 1.52 Bn
10 Polestar Automotive Holding UK 7.47 Bn 7.47 Bn -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