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

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

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

Polestar Automotive Holding UK's Research & Development history runs 4 years deep, the most recent figure standing at -$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 was -$11.6 million for Q2 2024 at Polestar Automotive Holding UK, up from -$11.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $12.5 million in Q4 2023 to a low of -$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.
  • Biggest YoY gain for Research & Development was 126.21% in 2023; the steepest drop was 123.05% in 2023.
  • A 4-year view of Research & Development shows it stood at -$75.5 million in 2021, then surged by 36.93% to -$47.6 million in 2022, then surged by 126.21% to $12.5 million in 2023, then plunged by 192.91% to -$11.6 million in 2024.
  • The last three Research & Development figures came in at -$11.6 million (Q2 2024), -$11.8 million (Q1 2024), and $12.5 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,264.49 Bn 1,219.81 Bn 4.72 Bn 1.95 Bn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn -
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn -
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn 278.21 Mn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn -
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn 458.00 Mn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn -124.48 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn -2,869.36 Bn
9 Digital Currency X Technology 5.68 Bn 5.68 Bn - -
10 Polestar Automotive Holding UK - - -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