Earnings Summary

Polestar Automotive Holding’s revenue fell -16.43% since last year same period to $572.65Mn in the Q2 2024. On a quarterly growth basis, Polestar Automotive Holding has generated 65.82% jump in its revenue since last 3-months.

Polestar Automotive Holding’s net profit jumped 12.19% since last year same period to $-266.99Mn in the Q2 2024. On a quarterly growth basis, Polestar Automotive Holding has generated 2.67% jump in its net profits since last 3-months.

Polestar Automotive Holding’s net profit margin fell -5.07% since last year same period to -46.62% in the Q2 2024. On a quarterly growth basis, Polestar Automotive Holding has generated 41.3% jump in its net profit margins since last 3-months.

Polestar Automotive Holding’s earning per share (EPS) estimates for the current quarter stand at -0.18 - a -20% fall from last quarter’s estimates.

Polestar Automotive Holding’s earning per share (EPS) estimates for the current year stand at -0.18.

Polestar Automotive Holding’s earning per share (EPS) jumped 7.14% since last year same period to -0.13 in the Q2 2024. This indicates that the Polestar Automotive Holding has generated 7.14% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Polestar Automotive Holding’s return on assets (ROA) stands at -0.23.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Polestar Automotive Holding’s return on equity (ROE) stands at -3.98.