Polestar reported strong revenue and sales growth in Q1 2025, with improvements in gross margin and cost reductions. However, the company faces challenges from geopolitical uncertainties, tariffs, and significant debt levels, leading to a paused financial guidance for 2025.
Company Guidance
In the Q1 2025 results conference call, Polestar reported a robust start to the year, highlighting significant growth and improvements across various metrics. Retail sales surged by 76% compared to the previous year, while revenue increased by 84%, driven by the success of Polestar 3 and 4 models. The company also achieved a positive gross margin of 7%, marking a 15 percentage point improvement. Polestar's strategic initiatives included expanding dealer networks, with a goal to increase sales points by 75% by 2026, and enhancing operational efficiencies. Despite the positive momentum, Polestar paused its financial guidance for 2025 due to geopolitical uncertainties and tariff considerations but reaffirmed its growth target of 30% to 35% annually between 2025 and 2027. The company remained focused on optimizing its cost structure and capitalizing on its asset-lite manufacturing model to navigate the evolving global market landscape.
Strong Revenue Growth
Polestar reported an 84% increase in revenue for Q1 2025, driven by strong sales of Polestar 3 and 4 models.
Retail Sales Surge
Retail sales volumes increased by 76% in the first quarter compared to the previous year.
Gross Margin Improvement
Polestar achieved a positive gross margin of 7%, marking a 15 percentage point swing from the previous year.
New Model Launches
The updated Polestar 2 and Polestar 3 received positive market reception, with the Polestar 3 achieving a five-star Euro NCAP rating.
Cost Reduction Efforts
The company reported significant reductions in fixed costs, contributing to improved financial performance.
Dealer Network Expansion
Polestar expanded its dealer network by 33% excluding China, with plans to grow sales points by 75% by 2026.
Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
PSNYW Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 12, 2025
$0.16
$0.16
0.00%
Feb 27, 2025
$0.20
$0.19
-5.00%
Nov 08, 2024
$0.23
$0.21
-8.70%
Aug 29, 2024
$0.13
$0.13
0.00%
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 Sponsored ADR Class C (PSNYW) report earnings?
Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) is schdueled to report earning on Sep 03, 2025, Before Open (Not Confirmed).
What is Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) earnings time?
Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) earnings time is at Sep 03, 2025, Before Open (Not Confirmed).
Where can I see when companies are reporting earnings?
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