Polestar Automotive Holding UK PLC (NASDAQ:PSNY) reported an earnings per share (EPS) of -$0.19, missing the estimated EPS.
The company saw a 76% increase in first-quarter sales in 2025, reaching approximately 12,304 cars.
Despite sales growth, Polestar faces financial challenges, including a high debt-to-equity ratio of 2.15 and a negative earnings yield of approximately -57.05%.

Polestar Automotive Holding UK PLC (NASDAQ:PSNY), an electric vehicle manufacturer, is known for its innovative designs and commitment to sustainability. Competing in a rapidly growing market with giants like Tesla and Rivian, Polestar faces significant financial challenges, as reflected in its recent earnings report.
On April 14, 2025, PSNY reported an earnings per share (EPS) of -$0.19, falling short of the estimated EPS of -$0.12. This indicates that the company is currently not profitable, a situation further highlighted by its negative price-to-earnings (P/E) ratio of approximately -1.75. Despite these challenges, Polestar’s revenue was approximately $572.1 million, slightly below the estimated figure, showing resilience in a competitive market.
Polestar’s first-quarter sales in 2025 saw a remarkable 76% increase, reaching approximately 12,304 cars. This growth was driven by strategic discounts and offers, helping the company navigate through intense competition and an uncertain economic environment. The company’s shift towards an active selling model and the rising popularity of newer models contributed to this impressive sales performance.
Despite the sales growth, Polestar’s financial metrics reveal some challenges. The enterprise value to sales ratio is approximately 3.74, reflecting the company’s valuation relative to its sales. Additionally, the enterprise value to operating cash flow ratio is negative at around -7.68, indicating difficulties in generating positive cash flow from operations. The earnings yield is also negative at approximately -57.05%, underscoring the company’s current lack of profitability.
Polestar’s debt-to-equity ratio stands at about 2.15, suggesting that the company has more than twice as much debt as equity. This high level of debt could pose risks if not managed carefully. Furthermore, the current ratio is approximately 0.58, indicating potential liquidity challenges in covering short-term liabilities with short-term assets. Despite these financial hurdles, Polestar’s CEO, Michael Lohscheller, remains optimistic about the company’s progress and transformation efforts.