Polestar reports 13% rise in Q3 sales amid challenging market conditions

GOTHENBURG - Swedish electric vehicle maker Polestar (NASDAQ:PSNY) delivered an estimated 14,192 cars in the third quarter of 2025, representing a 13% increase compared to the same period last year, according to a company press release statement. The company, currently valued at $2.14 billion, has maintained strong revenue growth of 24.82% over the last twelve months despite challenging market conditions.

For the first nine months of 2025, Polestar’s retail sales reached approximately 44,482 vehicles, marking a 36% growth compared to the same period in 2024. The company noted that its year-to-date sales have already matched its total deliveries for all of 2024. According to InvestingPro analysis, however, the company’s financial health score remains weak at 1.12, with the stock down 41.61% over the past year.

"The third quarter saw continued growth, and we have now sold as many cars as in the whole of 2024," said Michael Lohscheller, Polestar CEO. "Despite continued external headwinds and challenging market conditions, our line-up and strong order intake provide a solid basis for growth in the fourth quarter." InvestingPro data reveals significant challenges ahead, with 12 key risk factors identified, including substantial debt burden and rapid cash burn. Get the full analysis and detailed metrics with an InvestingPro subscription.

The Swedish EV manufacturer, which currently offers four models in its lineup including the Polestar 2, 3, 4, and 5, operates in 28 markets across North America, Europe, and Asia Pacific. The company has manufacturing facilities in North America and Asia, with plans to expand production to Europe for its upcoming Polestar 7 compact SUV.

Polestar plans to publish select financial results for the third quarter and hold an analyst conference call on November 12, 2025.

The company, headquartered in Gothenburg, Sweden, has set climate targets that include halving greenhouse gas emissions per vehicle sold by 2030 and achieving climate neutrality across its value chain by 2040.

In other recent news, Polestar Automotive Holding UK Plc reported its second-quarter 2025 earnings, revealing a revenue of $1.4 billion, which exceeded analysts’ expectations of $730.29 million. Despite this positive revenue result, the company faced a 17.67% drop in pre-market trading due to investor concerns about ongoing challenges. The company’s adjusted gross margin showed improvement, and sales volume saw a significant increase. However, a substantial impairment expense negatively impacted overall margins. These developments highlight some of the complex factors affecting Polestar’s financial performance.

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