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% YoY from -$6.6 million in Q3 2023, and up 1.59% sequentially from -$11.8 million in Q1 2024.
Polestar Automotive Holding UK (PSNYW) 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 PSNYW 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| Date | Value |
|---|---|
| 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 |