business
Polestar first quarter loss widens on tariffs and pricing pressure
Key takeaways
- The EV manufacturer posted a net loss of $383m for the three months to 31 March 2026, a 130.7% deterioration year-on-year (Yo Y).
- The adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) loss widened significantly to $235m from $96m.
- Revenue was little changed at $633m, compared with $632m a year earlier.
Polestar first quarter loss widens on tariffs and pricing pressure Global Data Fri, May 8, 2026 at 10:11 PM GMT+7 2 min read PSNY Polestar recorded a wider first quarter loss in 2026, with tariffs, pricing pressure and currency movements dragging margins into negative territory despite the electric vehicle maker achieving record retail volumes.
The EV manufacturer posted a net loss of $383m for the three months to 31 March 2026, a 130.7% deterioration year-on-year (Yo Y).
The adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) loss widened significantly to $235m from $96m.
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