Polestar FY26 H1 operating loss narrows 42.6% to USD 629 million; revenue falls 4.4% to USD 1.36 billion - PSNY News | RalliesPolestar FY26 H1 operating loss narrows 42.6% to USD 629 million; revenue falls 4.4% to USD 1.36 billion
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PSNY• Guidance and product update
- 2026 volume guidance cut to low-to-mid single-digit growth; Polestar 4 SUV orders opened, first deliveries expected in Q4.
First-half and quarterly results
- Polestar reported Q2 net loss narrowed 55.3% to USD 459 million; revenue fell 8.1% to USD 727 million.
- Gross margin improved 84 percentage points to -13.1%, mainly due to a USD 724 million net impairment expense in Q2 2025.
- H1 net loss narrowed 29.4% to USD 842 million; operating loss improved 42.6% to USD 629 million.
- Revenue slipped 4.4% to USD 1.36 billion, pressured by pricing, U.S. residual value guarantee costs, restructuring measures, lower carbon credits.
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