Polestar reports 49% revenue growth in the first nine months of 2025
Polestar Automotive Holding UK Limited - Class A ADS (PSNY)
Company Research
Source: Business Wire
Higher volumes and attractive model line-up support growing revenuesContinuing reduction of materials costs and fixed costsAchieved target of three-digit million-dollar carbon credits sales ahead of plan at USD 123 million for the first nine months of 2025External headwinds continue to impact profitability GOTHENBURG, Sweden--(BUSINESS WIRE)--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-upMichael Lohscheller, Polestar CEO, says: “We are making progress in our commercial transformation, expanding our dealer network and opening retail locations across our 28 markets, resulting in revenue growth of 49% in the first nine months of 2025. As market conditions remain challenging, we continue to take steps to make our organisation and operations more efficien
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News
- Polestar announces date for implementation of ADS ratio change from 1:1 to 1:30 ordinary sharesBusiness Wire
- Polestar Automotive Holding UK (NASDAQ:PSNY) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Polestar Automotive Holding UK (NASDAQ:PSNY) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Polestar Announces Plan to Implement ADS Ratio Change From 1:1 to 1:30 Ordinary SharesBusiness Wire
- Announcement of receipt of notice from Nasdaq regarding minimum bid price requirementBusiness Wire