Polestar Automotive Holding Uk Plc Adr (PSNY)
NASDAQ:PSNY
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Earnings Data
Report Date
Aug 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-1.81Last Year’s EPS
-9.47Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but improving picture. Operationally and commercially Polestar delivered several clear positives: record retail volumes, strong revenue growth (+50% YoY), meaningful margin improvements on an adjusted basis, a substantially expanded sales network, product and technology upgrades, and successful equity raises and debt‑to‑equity conversions that materially strengthen liquidity and the capital structure. However, material GAAP losses driven by sizable impairments (~USD 1.1B), ongoing adjusted EBITDA deficits (USD -783M), pricing pressure, tariffs and a weakened U.S. market represent significant headwinds. Management highlighted disciplined cost reductions, product cost improvements, and expectations for improved cash burn in 2026, but the legacy impairments and continued negative GAAP profitability balance the positive operational momentum.Company Guidance
Record Retail Sales and Volume Growth
Delivered over 60,100 cars in 2025, representing 34% year‑over‑year growth and in line with guidance of 30%–35%. Q4 retail sales exceeded ~15,600 cars (+27% YoY) and Q1 2026 retail sales totaled ~13,100 cars (a record first quarter, +7% YoY).
Strong Revenue Growth
Total revenue for 2025 surpassed USD 3.0 billion, up 50% year‑over‑year. Q4 2025 revenue was USD 887 million, up 54% YoY.
Network Expansion and Sales Footprint
Expanded retail sales points by 50% from 140 to 210 in 2025; plan to grow network to ~250 sales points by the end of the year (≈20% growth vs end‑2025). Opened 71 new sales points and signed 54 new retailers in 2025, largely in Europe.
Major Financing and Capital Structure Improvements
Raised approximately USD 1.2 billion of new equity from June 2025 to March 2026 (including USD 1.0 billion since Dec 2025). Agreements to convert ~USD 639 million of shareholder loans to equity, improving liquidity and free float to >40%. New equity raised at $19.34 per share.
Material Improvement in Adjusted Margins and EBITDA
Adjusted gross margin (ex‑impairments) improved to near breakeven at -0.7% in 2025 (from -12.5% in 2024). Adjusted EBITDA loss narrowed to USD -783 million in 2025, a ~27% improvement (≈USD 300 million) year‑over‑year. Q4 adjusted gross margin turned positive to +2% vs -39% prior year; Q4 adjusted EBITDA improved to -USD 223 million from -USD 470 million a year earlier.
Technology and Product Upgrades
Announced model year 2026 Polestar 3 upgrades including an 800‑volt architecture (charging capability up to 350–500 kW noted), ~6% improved efficiency, and NVIDIA processor upgrade from 30 to 254 TOPS. First OEM integration of Google Live Lane Guidance and Gemini demoed for Polestar 5 with OTA rollout plans.
Product Mix and Carbon Credit Contribution
Polestar 4 was the best seller (≈65% of deliveries in early 2026 and 66% of Q4 mix), supporting favorable mix. Carbon credit revenue increased by USD 181 million in 2025 (total carbon credit sales USD 211 million; USD 192 million booked in revenue and USD 19 million in other operating income).
Cost and Operational Discipline
Headcount reduced by ~25% and SG&A improved by USD 34 million; cost savings of roughly USD 100 million (≈12% YoY decrease in SG&A). Product cost reductions for Polestar 4 achieved at a low double‑digit percentage year‑over‑year.
PSNY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PSNY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $19.43 | $19.90 | +2.42% |
Apr 17, 2026 | $20.50 | $18.06 | -11.90% |
Nov 12, 2025 | $23.89 | $20.22 | -15.36% |
Sep 03, 2025 | $39.90 | $33.00 | -17.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Polestar Automotive Holding Uk Plc Adr (PSNY) report earnings?
Polestar Automotive Holding Uk Plc Adr (PSNY) is schdueled to report earning on Aug 27, 2026, Before Open (Confirmed).
What is Polestar Automotive Holding Uk Plc Adr (PSNY) earnings time?
Polestar Automotive Holding Uk Plc Adr (PSNY) earnings time is at Aug 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PSNY EPS forecast?
PSNY EPS forecast for the fiscal quarter 2026 (Q2) is -1.81.
