Stocks · Consumer discretionary · Motor Vehicles & Passenger Car Bodies

Polestar Automotive Holding UK PLC

PSNY Clue Score40
Sweden Fiscal year ends December CIK 0001884082
$5.26 -0.94% Close, 9 Oct 2026
Price $5.26 +95.54% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 24 Jun 2022. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue610.2Net income−484.9EPS, diluted−0.29Fiscal year 2021Revenue1,343.6 +120.2%Operating income−960.6Net income−969.8EPS, diluted−0.51Fiscal year 2022Revenue2,440.8 +81.7%Operating income−1,286.6Net income−479.0EPS, diluted−0.24Fiscal year 2023Revenue2,368.1 −3.0%Operating income−1,469.5Net income−1,181.9EPS, diluted−0.56Fiscal year 2024Revenue2,034.3 −14.1%Operating income−1,813.3Net income−2,049.9EPS, diluted−0.97
FY2020FY2021FY2022FY2023FY2024
Revenue 610.2 1,343.6 2,440.8 2,368.1 2,034.3
Growth +120.2% +81.7% −3.0% −14.1%
Operating income n/a −960.6 −1,286.6 −1,469.5 −1,813.3
Net income −484.9 −969.8 −479.0 −1,181.9 −2,049.9
Growth
EPS, diluted −0.29 −0.51 −0.24 −0.56 −0.97
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2020Gross margin9.3%Net margin−79.5%Free cash flow margin−17.5%Fiscal year 2021Gross margin0.8%Operating margin−71.5%Net margin−72.2%Free cash flow margin−26.0%Fiscal year 2022Gross margin4.1%Operating margin−52.7%Net margin−19.6%Free cash flow margin−45.6%Fiscal year 2023Gross margin−17.3%Operating margin−62.1%Net margin−49.9%Free cash flow margin−85.8%Fiscal year 2024Gross margin−43.1%Operating margin−89.1%Net margin−100.8%Free cash flow margin−56.0%
FY2020FY2021FY2022FY2023FY2024
Gross margin 9.3% 0.8% 4.1% −17.3% −43.1%
Operating margin n/a −71.5% −52.7% −62.1% −89.1%
Net margin −79.5% −72.2% −19.6% −49.9% −100.8%
Free cash flow margin −17.5% −26.0% −45.6% −85.8% −56.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow−57.1Capital expenditure−49.6Free cash flow−106.6Fiscal year 2021Operating cash flow−324.1Capital expenditure−24.7Free cash flow−348.8Fiscal year 2022Operating cash flow−1,081.0Capital expenditure−32.3Free cash flow−1,113.2Fiscal year 2023Operating cash flow−1,893.8Capital expenditure−137.4Free cash flow−2,031.2Fiscal year 2024Operating cash flow−991.2Capital expenditure−147.9Free cash flow−1,139.1
FY2020FY2021FY2022FY2023FY2024
Operating cash flow −57.1 −324.1 −1,081.0 −1,893.8 −991.2
Capital expenditure −49.6 −24.7 −32.3 −137.4 −147.9
Free cash flow −106.6 −348.8 −1,113.2 −2,031.2 −1,139.1
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2020Cash316.4Shareholders’ equity−603.2Fiscal year 2021Cash756.7Shareholders’ equity−183.5Fiscal year 2022Cash973.9Shareholders’ equity−89.9Fiscal year 2023Cash768.3Shareholders’ equity−1,251.0Fiscal year 2024Cash739.2Shareholders’ equity−3,328.6
FY2020FY2021FY2022FY2023FY2024
Cash 316.4 756.7 973.9 768.3 739.2
Shareholders’ equity −603.2 −183.5 −89.9 −1,251.0 −3,328.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2024 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024
Margins
9.3% 0.8% 4.1% −17.3% −43.1%
n/a −71.5% −52.7% −62.1% −89.1%
−77.2% −72.4% −18.4% −50.3% −101.2%
−79.5% −72.2% −19.6% −49.9% −100.8%
−17.5% −26.0% −45.6% −85.8% −56.0%
Spending
30.1% 17.4% 7.2% 6.6% 1.9%
51.6% 51.1% 34.4% 39.9% 43.8%
8.1% 1.8% 1.3% 5.8% 7.3%
Returns
n/a −29.3% −11.9% −27.5% −50.6%
Balance and payout
n/a 96.3% 102.2% 129.1% 182.1%