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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Polestar Automotive Holding UK PLC (PSNY). Click either name above to swap in a different company.

Polestar Automotive Holding UK PLC is the larger business by last-quarter revenue ($685.2M vs $348.6M, roughly 2.0× APOGEE ENTERPRISES, INC.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs -44.4%, a 49.1% gap on every dollar of revenue. APOGEE ENTERPRISES, INC. produced more free cash flow last quarter ($22.9M vs $-709.7M).

Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.

Polestar Automotive Holding UK PLC, or simply Polestar, is a Swedish automotive manufacturer that produces electric cars. Principally owned by Li Shufu's PSD Investment, Geely Holding and Volvo Cars, the company is headquartered in Torslanda, outside Gothenburg, Sweden. With an "asset-light" approach in development and manufacturing, Polestar does not have its own manufacturing facility; instead it produces cars in facilities controlled by Volvo or Geely in several countries, including China,...

APOG vs PSNY — Head-to-Head

Bigger by revenue
PSNY
PSNY
2.0× larger
PSNY
$685.2M
$348.6M
APOG
Higher net margin
APOG
APOG
49.1% more per $
APOG
4.7%
-44.4%
PSNY
More free cash flow
APOG
APOG
$732.5M more FCF
APOG
$22.9M
$-709.7M
PSNY

Income Statement — Q3 FY2026 vs Q2 FY2023

Metric
APOG
APOG
PSNY
PSNY
Revenue
$348.6M
$685.2M
Net Profit
$16.5M
$-304.1M
Gross Margin
23.8%
-0.1%
Operating Margin
7.1%
-72.6%
Net Margin
4.7%
-44.4%
Revenue YoY
2.1%
Net Profit YoY
-21.2%
EPS (diluted)
$0.77
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APOG
APOG
PSNY
PSNY
Q4 25
$348.6M
Q3 25
$358.2M
Q2 25
$346.6M
Q1 25
$345.7M
Q4 24
$341.3M
Q3 24
$342.4M
Q2 24
$331.5M
Q1 24
$361.8M
Net Profit
APOG
APOG
PSNY
PSNY
Q4 25
$16.5M
Q3 25
$23.6M
Q2 25
$-2.7M
Q1 25
$2.5M
Q4 24
$21.0M
Q3 24
$30.6M
Q2 24
$31.0M
Q1 24
$15.7M
Gross Margin
APOG
APOG
PSNY
PSNY
Q4 25
23.8%
Q3 25
23.1%
Q2 25
21.7%
Q1 25
21.6%
Q4 24
26.1%
Q3 24
28.4%
Q2 24
29.8%
Q1 24
24.4%
Operating Margin
APOG
APOG
PSNY
PSNY
Q4 25
7.1%
Q3 25
7.5%
Q2 25
2.0%
Q1 25
1.8%
Q4 24
8.4%
Q3 24
12.3%
Q2 24
12.5%
Q1 24
6.0%
Net Margin
APOG
APOG
PSNY
PSNY
Q4 25
4.7%
Q3 25
6.6%
Q2 25
-0.8%
Q1 25
0.7%
Q4 24
6.1%
Q3 24
8.9%
Q2 24
9.4%
Q1 24
4.3%
EPS (diluted)
APOG
APOG
PSNY
PSNY
Q4 25
$0.77
Q3 25
$1.10
Q2 25
$-0.13
Q1 25
$0.12
Q4 24
$0.96
Q3 24
$1.40
Q2 24
$1.41
Q1 24
$0.71

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APOG
APOG
PSNY
PSNY
Cash + ST InvestmentsLiquidity on hand
$41.3M
$1.1B
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$512.3M
$-456.3M
Total Assets
$1.1B
$4.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APOG
APOG
PSNY
PSNY
Q4 25
$41.3M
Q3 25
$39.5M
Q2 25
$32.8M
Q1 25
$41.4M
Q4 24
$43.9M
Q3 24
$51.0M
Q2 24
$30.4M
Q1 24
$37.2M
Total Debt
APOG
APOG
PSNY
PSNY
Q4 25
Q3 25
Q2 25
Q1 25
$285.0M
Q4 24
Q3 24
Q2 24
Q1 24
$62.0M
Stockholders' Equity
APOG
APOG
PSNY
PSNY
Q4 25
$512.3M
Q3 25
$500.2M
Q2 25
$481.8M
Q1 25
$487.9M
Q4 24
$522.1M
Q3 24
$506.4M
Q2 24
$480.0M
Q1 24
$471.0M
Total Assets
APOG
APOG
PSNY
PSNY
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$917.1M
Q2 24
$889.0M
Q1 24
$884.1M
Debt / Equity
APOG
APOG
PSNY
PSNY
Q4 25
Q3 25
Q2 25
Q1 25
0.58×
Q4 24
Q3 24
Q2 24
Q1 24
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APOG
APOG
PSNY
PSNY
Operating Cash FlowLast quarter
$29.3M
$-666.7M
Free Cash FlowOCF − Capex
$22.9M
$-709.7M
FCF MarginFCF / Revenue
6.6%
-103.6%
Capex IntensityCapex / Revenue
1.9%
6.3%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$67.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APOG
APOG
PSNY
PSNY
Q4 25
$29.3M
Q3 25
$57.1M
Q2 25
$-19.8M
Q1 25
$30.0M
Q4 24
$31.0M
Q3 24
$58.7M
Q2 24
$5.5M
Q1 24
$74.9M
Free Cash Flow
APOG
APOG
PSNY
PSNY
Q4 25
$22.9M
Q3 25
$52.4M
Q2 25
$-26.9M
Q1 25
$19.1M
Q4 24
$22.0M
Q3 24
$50.2M
Q2 24
$-1.8M
Q1 24
$58.7M
FCF Margin
APOG
APOG
PSNY
PSNY
Q4 25
6.6%
Q3 25
14.6%
Q2 25
-7.8%
Q1 25
5.5%
Q4 24
6.4%
Q3 24
14.7%
Q2 24
-0.5%
Q1 24
16.2%
Capex Intensity
APOG
APOG
PSNY
PSNY
Q4 25
1.9%
Q3 25
1.3%
Q2 25
2.1%
Q1 25
3.2%
Q4 24
2.6%
Q3 24
2.5%
Q2 24
2.2%
Q1 24
4.5%
Cash Conversion
APOG
APOG
PSNY
PSNY
Q4 25
1.77×
Q3 25
2.41×
Q2 25
Q1 25
12.08×
Q4 24
1.48×
Q3 24
1.92×
Q2 24
0.18×
Q1 24
4.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APOG
APOG

Transferred At Point In Time$163.0M47%
Architectural Services Segment$105.2M30%
Performance Surfaces$53.0M15%
UW Interco LLC$27.9M8%

PSNY
PSNY

Segment breakdown not available.

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