Polestar Automotive Holding UK PLC (PSNY) Q4 2025 Earnings Call Transcript

Operator

Good day, and thank you for standing by. Welcome to the Polestar Fourth Quarter and Full Year 2025 Results Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Anna Gavrilova. Please go ahead.

Anna Gavrilova
Head of Investor Relations

Thank you, operator. Hello, everyone. I’m Anna Gavrilova, Head of Investor Relations at Polestar. Thank you for joining this call covering Polestar’s results for the fourth quarter and full year 2025. I’m joined by Michael Lohscheller, Polestar’s CEO; and Jean-Francois Mady, Polestar’s CFO, who will comment on the performance, and then we will open the floor to analysts’ questions.

Before we start, I would like to remind participants that many of our comments today will be considered forward-looking statements under the U.S. federal securities laws and are subject to numerous risks and uncertainties that may cause Polestar’s actual results to differ materially from what has been communicated. These forward-looking statements include, but are not limited to, statements regarding the future financial performance of the company, production and delivery volumes, financial and operating results near-term outlook and medium-term targets, fundraising and funding requirements, macroeconomic and industry trends, company initiatives and other future events.

Forward-looking statements made today are effective only as of today, and Polestar undertakes no option to update any of its forward-looking statements. For a discussion of some of the factors that could cause our actual results