Polestar Automotive Holding UK PLC income statement

In fiscal 2025, Polestar Automotive Holding UK PLC reported revenue of $3.06bn, up 50.3% on the year before, operating income of −$2.01bn (a -65.7% margin) and net income of −$2.36bn, or −$25.50 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Polestar Automotive Holding UK PLC: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	610	1,344	2,441	2,368	2,034	3,058
Cost of revenue	554	1,333	2,340	2,778	2,910	4,142
Gross profit	57	11	101	−410	−876	−1,084
Research and development	184	234	175	157	38	78
Operating income	—	−961	−1,287	−1,470	−1,813	−2,009
Interest expense	15	14	40	5	69	44
Income before tax	−471	−973	−449	−1,191	−2,059	−2,361
Income tax	14	−3	30	−9	−9	−4
Net income	−485	−970	−479	−1,182	−2,050	−2,357
Diluted EPS	−$8.70	−$15.30	−$7.20	−$16.80	−$29.10	−$25.50
Diluted shares (average)	56m	64m	68m	70m	70m	93m
EBITDA	—	−749	−1,146	−1,354	−1,758	−1,957

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Polestar Automotive Holding UK PLC's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Polestar Automotive Holding UK PLC.