Company data sheet · Polestar Automotive Holding UK

Polestar Automotive Holding UK: from profit to five straight losses.

Industry
Motor Vehicles & Passenger Car Bodies
Headquarters
Sweden
Ticker
PSNY (Nasdaq)
Sources
SEC filings (2021–2026), Stratrix's verified Decision Cases, market data and official economic statistics for Sweden
Data as of
October 18, 2026
  1. From profit to five straight losses. Polestar Automotive Holding UK lost money every year from 2020 to 2024: $5.2 billion in all.
  2. The cycle hit it too. The losses began in 2020, when Sweden economy shrank 2.1%. Part of the damage came from outside; the test is whether it recovered when the economy did.
  3. Still smaller than it was. Revenue reached $2 billion in 2024, 17% below its 2022 peak of $2.4 billion.

Financial results

Fiscal yearRevenueNet income
2020$0.6 billion−$0.5 billion
2021$1.3 billion−$1 billion
2022$2.4 billion−$0.5 billion
2023$2.4 billion−$1.2 billion
2024$2 billion−$2 billion

As reported in its annual filings. Losses in red.

The full data sheet · Data Plan

Everything behind these findings, ready for your board deck.

  • Economic context: 5 measures for Sweden, every year since 2016, from the official sources.
  • Peer comparison: against 953 companies of its size in its sector.
  • Financial results: ten years of revenue, operating and net income, and every annual report, linked.
  • Methods and sources, so each number can be checked and cited.

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