Security
Polestar Performance AB · PSNY
PSNYNASDAQotherCurrentCIK 1884082Updated Oct 9, 2026
Name history
Polestar Automotive Holding UK Ltd · through Apr 21, 2022
PSNY price & chart
Loading TradingView…
NASDAQ:PSNY on TradingView ↗About the company
Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 31 markets globally across North America, Europe and Asia Pacific. Polestar has five models in its line-up: Polestar 2, Polestar 3, Polestar 4 coupé, Polestar 4 SUV, and Polestar 5. Planned models include the Polestar 2 successor (to be launched in 2027), Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.
Financials
FY 2024 · USDSource
Source
Source
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Profit or LossUSD | -2,049,897,000Source | -1,181,875,000Source | -465,789,000Source | -1,007,454,000Source |
| Additional Financial Items | ||||
| AdjustmentsForFinanceCostsUSD | 393,785,000Source | 213,242,000Source | 108,435,000Source | 45,249,000Source |
| AdjustmentsForFinanceIncomeUSD | 23,879,000Source | 69,565,000Source | 8,552,000Source | 32,969,000Source |
| AdjustmentsForIncomeTaxExpenseUSD | -9,166,000Source | -9,452,000Source | 16,784,000Source | 336,000Source |
| AdjustmentsForUndistributedProfitsOfAssociatesUSD | -4,970,000Source | -43,304,000Source | — | — |
| IncomeTaxesPaidRefundClassifiedAsOperatingActivitiesUSD | 8,163,000Source | 35,477,000Source | 19,559,000Source | 0Source |
| InterestPaidClassifiedAsOperatingActivitiesUSD | 292,770,000Source | 220,147,000Source | 68,130,000Source | 12,564,000Source |
| InterestReceivedClassifiedAsOperatingActivitiesUSD | 21,120,000Source | 32,280,000Source | 8,552,000Source | 1,396,000Source |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD | 35,646,000Source | 21,916,000Source | 18,905,000Source | 8,578,000Source |
| ProceedsFromIssuingSharesUSD | 0Source | 0Source | 1,417,973,000Source | 582,388,000Source |
| ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivitiesUSD | 33,000Source | 1,779,000Source | — | — |
| PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesUSD | 209,101,000Source | 435,584,000Source | 681,204,000Source | 104,971,000Source |
| RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesUSD | 2,889,899,000Source | 2,553,008,000Source | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 890,703,000Source | 944,177,000Source | 864,598,000Source | 714,724,000Source |
| Total RevenueUSD | 2,034,261,000Source | 2,368,085,000Source | 2,461,896,000Source | 1,337,181,000Source |
| Additional Financial Items | ||||
| ApplicableTaxRatenumber | 25Source | 0.24Source | 0.19Source | 0.17Source |
| BasicEarningsLossPerShareUSD per share | -0.97Source | -0.56Source | -0.23Source | -0.53Source |
| CurrentTaxExpenseIncomeUSD | 35,585,000Source | -13,725,000Source | -17,277,000Source | -3,336,000Source |
| DeferredTaxExpenseIncomeUSD | -42,581,000Source | 38,810,000Source | 4,210,000Source | 5,517,000Source |
| DepreciationAndAmortisationExpenseUSD | 55,719,000Source | 115,445,000Source | 158,392,000Source | 239,163,000Source |
| DilutedEarningsLossPerShareUSD per share | -0.97Source | -0.56Source | -0.23Source | -0.53Source |
| EmployeeBenefitsExpenseUSD | 209,148,000Source | 235,656,000Source | 218,454,000Source | 119,061,000Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD | 9,841,000Source | 4,867,000Source | 4,958,000Source | 0Source |
| ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsedUSD | 8,000Source | 5,000Source | 4,454,000Source | 4,218,000Source |
| ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsedUSD | 637,000Source | 888,000Source | 1,598,000Source | 1,300,000Source |
| FinanceCostsUSD | 393,785,000Source | 213,242,000Source | 108,435,000Source | 45,249,000Source |
| FinanceIncomeUSD | 23,879,000Source | 69,565,000Source | 8,552,000Source | 32,970,000Source |
| GrossProfitUSD | -876,167,000Source | -410,137,000Source | 119,443,000Source | 860,000Source |
| ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwillUSD | 0Source | — | — | — |
| IncomeTaxExpenseContinuingOperationsUSD | -9,166,000Source | -9,452,000Source | 16,784,000Source | 336,000Source |
| InterestExpenseOnLeaseLiabilitiesUSD | 7,423,000Source | 5,008,000Source | 6,201,000Source | 2,377,000Source |
| NetForeignExchangeLossUSD | 43,705,000Source | 4,348,000Source | 3,595,000Source | 49,298,000Source |
| OperatingLeaseIncomeUSD | 17,175,000Source | 17,421,000Source | 16,719,000Source | 6,217,000Source |
| OtherEmployeeExpenseUSD | 209,148,000Source | 235,656,000Source | — | — |
| OtherFinanceCostUSD | 3,009,000Source | 0Source | 5,000Source | 13,000Source |
| OtherIncomeUSD | 20,043,000Source | 15,773,000Source | 4,724,000Source | 1,776,000Source |
| OtherOperatingIncomeExpenseUSD | -8,091,000Source | 42,080,000Source | -1,565,000Source | -48,053,000Source |
| PostemploymentBenefitExpenseDefinedContributionPlansUSD | 19,888,000Source | 21,125,000Source | 20,664,000Source | 13,916,000Source |
| ProfessionalFeesExpenseUSD | 283,397,000Source | 252,734,000Source | — | — |
| ProfitLossBeforeTaxUSD | -2,059,063,000Source | -1,191,327,000Source | -449,005,000Source | -1,007,118,000Source |
| ProfitLossFromOperatingActivitiesUSD | -1,813,311,000Source | -1,469,514,000Source | — | — |
| ResearchAndDevelopmentExpenseUSD | 38,350,000Source | 157,280,000Source | 167,242,000Source | 232,922,000Source |
Offerings
Registration 333-299166
Filing attachments
tm2627195d1_ex99-1.htm · 6-K · 2026-10-08
Exhibit 99.1 Polestar reports record nine-month retail sales and its strongest third quarter Best third quarter ever with retail sales of estimated 14,371 cars Record retail sales of estimated 44,790 cars in the first nine months of 2026 GOTHENBURG, SWEDEN - 8 October 2026. Polestar (Nasdaq: PSNY) reports retail sales of estimated 14,371 cars in the third quarter and estimated 44,790 cars in the first nine months of 2026, both up around 1% year-on-year. Michael Lohscheller, Polestar…
Read attachment ↗tm2624141d1_ex99-1.htm · 6-K · 2026-08-27
Exhibit 99.1 Polestar Polestar announces change to Board of Directors GOTHENBURG, SWEDEN - 26 August 2026. Polestar (Nasdaq: PSNY) announces the appointment of Arek Nowinski to its Board of Directors. Arek is currently Head of Eastern Europe, Middle East, Africa and Asia Pacific at Volvo Cars and has held several other senior sales leadership positions during his career. He holds an MSc in International Finance from the University of Derby and an MA in Finance and Banking from the Warsaw Scho…
Read attachment ↗tm2619817d1_ex99-1.htm · 6-K · 2026-07-09
Exhibit 99.1 Polestar retail sales reach a record 30,423 cars in the first half of 2026 GOTHENBURG, SWEDEN - 9 July 2026. Polestar’s (Nasdaq: PSNY) retail sales in the first half of 2026 amounted to a record estimated 30,423 cars. In the second quarter, retail sales were an estimated 17,296 cars. Michael Lohscheller, Polestar CEO, says: “Delivering record sales in the first half of the year, despite regulatory and market headwinds, is a significant achievement. We continue to make progress ac…
Read attachment ↗tm2619526d1_ex99-1.htm · 6-K · 2026-07-01
Exhibit 99.1 Polestar announces completion of USD 640 million debt-to-equity conversions Total of USD 640 million debt converted into Polestar’s equity since the start of 2026 Term of recent shareholder loan from Geely Sweden Holdings AB extended ────────────────────────────────────────────────────────────────────────── Green Trade Finance Facility increased to EUR 450 million ───────────────────────────────────────────────────────────── GOTHENBURG, Sweden - 1 July 2026. Polestar…
Read attachment ↗tm2618857d1_ex99-1.htm · 6-K · 2026-06-25
Exhibit 99.1 Polestar strengthens its focus on Europe following decision under the U.S. Connected Vehicle Rule GOTHENBURG, SWEDEN - 25 June 2026. Polestar (Nasdaq: PSNY) is increasing its strategic focus on Europe, which currently represents close to 80% of the Company’s retail sales volumes, by continuing to expand its sales network and preparing to localize the manufacturing of future models. This follows a decision from the U.S. Department of Commerce’s Bureau of Industry and Security to n…
Read attachment ↗tm2615988d1_ex99-1.htm · 6-K · 2026-06-03
Exhibit 99.1 Execution Version Amendment LETTER To: GEELY SWEDEN AUTOMOTIVE INVESTMENT AB a private company incorporated under Swedish law and registered with the Swedish Companies Registration Office under number 559263-3035 as lender (the "Original Lender"); and GEELY SWEDEN AUTOMOTIVE INVESTMENT AB a private company incorporated under Swedish law and registered with the Swedish Companies Registration Office under number 559263-3035 as facility agent…
Read attachment ↗