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As of the end of its 2022 fiscal year, Polestar had earned a total of nearly *** billion U.S. dollars in revenue. The most revenue Polestar earned was in the United States, at about half a billion U.S. dollars. European countries such as Sweden, the United Kingdom, Germany, and Norway constituted the next largest proportion of the company's revenue, at a combined *** billion dollars. This makes Polestar's major markets in 2022 the United States and Europe, despite also having a significant presence in South Korea, with China being their smallest market in terms of revenue. This can be due to the intense competition from major Chinese electric vehicle companies such as NIO and BYD.

The rising electric vehicle company, Polestar, has seen rapid growth over the past few years with their total revenue nearly doubling every year.