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PSNY - Earnings announcements
Polestar Automotive Holding UK PLC (PSNY) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for PSNY
- Polestar reports Q1 2026 select financial and operational resultsRecord first quarter volumes of 13,126 cars, a growth of 7% year-on-year Largest product offensive launched: four new models planned in next three years Performance impacted by intensified competition, EU and US tariffs, FX and seasonality offsetting continued cost reductions Strengthened capital structure and improved liquidity position Cash position of USD 676 million as of end Q1 2026 Polestar (NASDAQ:PSNY) reports select unaudited financial and operational results for the quarter ended March 31, 2026 (Q1 2026). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507811327/en/ Michael Lohscheller, Polestar CEO,
- Polestar Sets the Date for Reporting the Fourth Quarter Select and Full-Year 2025 ResultsPolestar (NASDAQ:PSNY) expects to publish the fourth quarter select and full-year 2025 consolidated financial results on 17 April 2026, before market open. Management will host a conference call at 14:00 Central European Time (08:00 US Eastern Time) the same day, accessible via the Polestar Investor Relations website. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260414727728/en/ About Polestar 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
- Polestar announces date for implementation of ADS ratio change from 1:1 to 1:30 ordinary sharesPolestar (NASDAQ:PSNY) (the "Company") today announces that the effective date for the previously announced plan to change the ratio of its American Depositary Shares to ordinary shares will occur on 9 December 2025 (the "Effective Date"). Specifically, the Company's Class A, Class B, Class C-1 and Class C-2 American Depositary Shares (collectively, the "ADSs") ratio to the respective Class A, Class B, Class C-1 and Class C-2 ordinary shares (the "ADS Ratio") will change from the current ADS Ratio of one (1) ADS to one (1) ordinary share, to the new ADS Ratio of one (1) ADS to thirty (30) ordinary shares (the "ADS Ratio Change"). This press release features multimedia. View the full release
- Polestar reports 49% revenue growth in the first nine months of 2025Higher volumes and attractive model line-up support growing revenues Continuing reduction of materials costs and fixed costs Achieved target of three-digit million-dollar carbon credits sales ahead of plan at USD 123 million for the first nine months of 2025 External headwinds continue to impact profitability Polestar (NASDAQ:PSNY) reports select unaudited financial and operational results for the third quarter and first nine months of 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251112358825/en/Polestar model line-up Michael Lohscheller, Polestar CEO, says: "We are making progress in our commercial transfor
- Polestar Reports 36% Retail Sales Growth for the First Nine Months of 2025Polestar (NASDAQ:PSNY) retail sales amounted to an estimated 14,192 cars in Q3 2025, up 13% versus Q3 2024. For the first nine months of the year, retail sales approximated 44,482 cars, a growth of 36% compared to the same period last year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251009489910/en/Polestar line-up of performance EVs Michael Lohscheller, Polestar CEO, says: "The third quarter saw continued growth, and we have now sold as many cars as in the whole of 2024. Despite continued external headwinds and challenging market conditions, our line-up and strong order intake provide a solid basis for growth in the fourth
- Polestar Sets the Date for H1 2025 ResultsPolestar (NASDAQ:PSNY) expects to publish H1 2025 unaudited financial results on 3 September 2025, before market open. Management will host a conference call at 14:00 Central European Time (08:00 US Eastern Time) the same day, accessible via the Polestar Investor Relations website. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250829247584/en/ About Polestar 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 28 markets glob
- Polestar reports Q1 2025 revenue growth of 84% and significant gross margin improvement to positiveGrowing share of higher margin models in sales mix and continuing cost reduction measures start to drive financial and operational performance improvement Gross margin improved by 15ppts to 7% versus Q1 2024 Net loss reduced by 31%; an Adjusted EBITDA loss improvement of 46% year-on-year Over USD 900 million worth of financing facilities secured or renewed in Q1 2025 Cash position of USD 732 million as of end Q1 2025 Polestar (NASDAQ:PSNY) reports select financial and operational results for the quarter ended March 31, 2025 (Q1 2025). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250512313129/en/ Michael Lohscheller,
- Polestar Sets the Date for Q1 2025 Select ResultsPolestar (NASDAQ:PSNY) expects to publish Q1 2025 select financial results on 12 May 2025, before market open. Management will host a conference call at 14:00 Central European Time (08:00 US Eastern Time) the same day, accessible via the Polestar Investor Relations website. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250509129868/en/ Polestar filed its annual report for 2024 on form 20-F with the U.S. Securities and Exchange Commission (SEC) on 9 May 2025. About Polestar Polestar (NASDAQ:PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the
- Polestar provides updates on financial guidance for 2025 and 2024 20-FPolestar (NASDAQ:PSNY) today filed a notice with the U.S. Securities and Exchange Commission (SEC) stating it needs additional time to complete work for its 2024 annual report. The annual report for 2024 on Form 20-F is now expected to be filed before or on May 14, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250430144916/en/ Good momentum in transforming our commercial operations and a favorable shift in the product mix towards higher margin models are expected to drive improvement in the gross margin through 2025. At the same time, the Company continues to implement further efficiencies across the organization to reduce
- Polestar Publishes Selected Results for the Third Quarter and Updates FY 2024 GuidanceRetail sales totalled 12,548 cars in Q3 2024, down 8% versus Q3 2023 Revenue USD 551 million in Q3 2024, down 10% versus Q3 2023 on lower volume and competitive market conditions USD -323 million net loss and USD -180 million adjusted EBITDA; an adjusted EBITDA improvement of 28%, versus Q3 2023, reflecting continuous management actions reducing selling, administrative and general expenses USD 501 million cash balance at end Q3 2024; secured over USD 800 million in bank facilities in December Updated FY 2024 guidance Polestar (NASDAQ:PSNY) today presents selected preliminary unaudited results for the third quarter and first nine months of 2024. This press release features m
- Polestar Announces Date of AGM and Board ChangesAGM to take place on 7 October 2024 Winfried Vahland to assume role of Chair, following Håkan Samuelsson's retirement from the Board; investing 100% of net remuneration in Polestar shares Francesca Gamboni proposed to replace Jim Rowan as Volvo Cars representative on Board of Directors Christine Gorjanc and Xiaojie Shen (Laura) proposed as new Directors Polestar (NASDAQ:PSNY) is holding its Annual General Meeting (AGM) in London on 7 October 2024. Full details of the AGM, including instructions for proxy voting by registered shareholders, are available on the Company's Investor Relations website https://investors.polestar.com/. This press release features multimedia. View the full
- Polestar Publishes Q2 2024 Results: 82% Growth in Global Deliveries13,150 cars delivered in Q2 2024, up 82% compared to Q1 2024 30% improvement in inventory turnover driving working capital reduction with positive impact on cash flow Secured up to USD 300 million in additional external funding in August Polestar (NASDAQ:PSNY), reports its preliminary unaudited financial and operational results for the second quarter ended June 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240829866418/en/(Photo: Business Wire) Deliveries were 13,150 cars, an 82% increase compared to the first quarter, taking global deliveries for the first six months of the year to 20,371, with strong momen
- Polestar Publishes Results for the First Quarter and Reports 80% Growth in Global Deliveries for the Second Quarter7,200 cars delivered in Q1 2024; cash and cash equivalents of USD 784 million as of March 31, 2024 20,200 cars delivered year to date, with Q2 2024 up 80% compared to Q1 2024 New retail model, geographic expansion, growing line-up and sales organisation changes driving future sales growth Announced staff reductions completed, resulting in 15% fewer positions, in addition to 10% reduction in 2023 Polestar (NASDAQ:PSNY), reports its preliminary unaudited financial and operational results for the three months ended March 31, 2024 and reports its global deliveries for the second quarter of 2024. This press release features multimedia. View the full release here: https://www.busine
- Polestar secures USD 1 billion external funding; business outlook confirmedUSD 950 million external funding secured Geely Sweden Holdings intends to participate in future financing activities when required Richer product mix: global roll-out of two new SUVs to drive significant volume and profit margin progression expected in second half of the year Efficiency program delivers results Polestar Automotive Holding UK PLC (NASDAQ:PSNY), the Swedish electric performance car brand, announces that it has secured USD 950 million in external funding. The company is making strong progress on its strengthened business plan and achieving its 2025 targets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/