Polestar Automotive Holding UK PSNYW
NASDAQ PSNYW
$5.06 -0.59 (-10.15%)
As of: Sep 3, 2026 · 11:25 AM EDT

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,233.65 Bn 1,190.13 Bn 4.75 Bn 2.37 Bn
2 Toyota Motor 255.99 Bn 127.54 Bn 12.27 Bn -
3 Honda Motor 131.73 Bn 91.59 Bn 8.46 Bn -1.53 Bn
4 Ford Motor 80.50 Bn 49.16 Bn 6.08 Bn -
5 General Motors 77.45 Bn 52.73 Bn 7.33 Bn -
6 Ferrari 74.08 Bn 72.32 Bn 1.18 Bn 252.82 Mn
7 Rivian Automotive 21.14 Bn 15.83 Bn 179.00 Mn 466.00 Mn
8 Stellantis 15.79 Bn -25.67 Bn 5.55 Bn 1.52 Bn
9 Li Auto 12.06 Bn -514.91 Mn 417.98 Mn -409.08 Mn
10 Polestar Automotive Holding UK 468.08 Mn 468.08 Mn -20.00 Mn -
Historic Data

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