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Polestar Automotive Holding UK PLC

PSNYConsumer CyclicalNASDAQ

Auto Manufacturers · Last scanned Jun 2, 2026

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Financials · Annual
Revenue
$3.06B
+50.3% YoY
Net Income
-$2.36B
-15.0% YoY
EBITDA
-$1.93B
-15.9% YoY
Free Cash Flow
-$943.1M

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About Polestar Automotive Holding UK PLC

Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles in Europe, North America, the Asia-Pacific, the Middle. At a $1.75B market cap, Polestar Automotive Holding UK PLC ranks as a small-cap company within consumer cyclical. The company offers battery electric vehicles, including Polestar 2 (PS2); Polestar 3 (PS3); Polestar 4 (PS4); Polestar 5 (PS5); and Polestar 6 (PS6), a roadster.

Key stats
Market Cap$1.75B
Fwd P/E-3.01
EPS$-27.28
Beta1.59
52W Change-38.7%
Analysis

The company holds $1.16B in cash, though total debt stands at $6.62B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$943.1M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Revenue has been uneven over recent years, ranging from $2.44B to $3.06B.

Polestar Automotive Holding UK PLC's elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Polestar Automotive Holding UK PLC's trajectory.

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