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| 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 |