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Lucid Group vs Polestar Automotive Holding UK

Polestar Automotive Holding UK is the larger business, with $3.06bn of revenue in fiscal 2025 against $1.35bn for Lucid Group (2.3 times as much). Lucid Group grew faster (67.6% against 50.3%). Polestar Automotive Holding UK kept more of each dollar of sales as profit: a net margin of -77.1% against -199.3%.

Latest fiscal yearLucid GroupLCID, 2025Polestar Automotive Holding UKPSNY, 2025
Revenue $1.35bn $3.06bn
Revenue growth 67.6% 50.3%
Net income −$2.70bn −$2.36bn
Operating margin -258.7% -65.7%
Net margin -199.3% -77.1%
Return on equity -117.6% —
Free cash flow −$3.80bn −$1.07bn
Cash $998m $1.16bn
Total debt $2.72bn $6.36bn
Debt to equity 379.0% —
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 9,000 —
Market value $1.20bn $405m
Price vs our value range — —
Moat score 8 (Weak) —
Insider trades, 12 months 0 buys, 4 sales 8 buys, 5 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.