Polestar Annual Retail Deliveries (2021 to 2025)
2021-2025
Global Retail Deliveries
Data updated 2026-04
Polestar Carbon (Regulatory) Credit Sales
2024-2025
Carbon Credit Sales
Data updated 2026-04
Polestar 2025 Deliveries by Region
Total: 60.1K vehicles
Data updated 2026-04
Polestar FY2025 vs FY2024 Financial Summary
| Metric | FY2025 | FY2024 | Change |
|---|---|---|---|
| Revenue (USD M) | 3,058 | 2,034 | +50.3% |
| Retail deliveries (vehicles) | 60,119 | 44,851 | +34.0% |
| Reported gross margin | (35.4)% | (43.1)% | +7.7 ppts |
| Adjusted gross margin | (0.7)% | (12.5)% | +11.8 ppts |
| Net loss (USD M) | -2,357 | -2,050 | loss widened |
| Carbon credit sales (USD M) | 211 | 11 | +200 M |
| Year-end cash (USD M) | 1,159 | 739 | +420 M |
Data updated 2026-04
Polestar Gross Margin Turnaround (2024 to 2025)
| Period | Reported Gross Margin | Adjusted Gross Margin | Driver |
|---|---|---|---|
| Q1 2025 | +7.0% | n/d | Reported GM positive on favorable Polestar 3/4 mix |
| Q2 2025 | n/d | (5.7)% | Adjusted GM dipped on more competitive pricing |
| 9M 2025 | n/d | (1.8)% | Mix, lower material cost, carbon credits |
| Q4 2025 | (37.8)% | +1.9% | Adjusted GM turns positive; USD 340M impairment in reported |
| FY 2025 | (35.4)% | (0.7)% | Adjusted GM near breakeven, up from (12.5)% in 2024 |
| FY 2024 | (43.1)% | (12.5)% | Prior-year baseline |
Data updated 2026-04
Polestar Quarterly Retail Volumes (2025)
Q1 2025-Q4 2025
Quarterly Retail Deliveries
Data updated 2026-04
Employee Count
2022-2025
Employees
Polestar in Electric Vehicles
Polestar
$PSNY
Swedish premium performance EV brand spun out of Volvo Cars and majority-owned by Geely. Lineup spans the Polestar 2 fastback, Polestar 3 SUV, and Polestar 4 coupé SUV, with the Polestar 5 GT and Polestar 6 roadster in development. Delivered ~44K vehicles in 2024 and listed on NASDAQ via SPAC in 2022. Manufacturing footprint spans China, the US (South Carolina), and Korea, positioning the brand for premium EV growth across Western and Chinese markets.
