SLDP - Solid Power, Inc.
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DETAILS
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 21.7 | 20.1 | 17.4 | 11.8 | 2.7 | 2.1 | 2.3 |
| Cost of Revenue | 20.6 | 20.3 | 27.7 | 9.6 | 3.1 | 1.7 | 1.8 |
| Gross Profit | 1.1 | (0.1) | (10.3) | 2.2 | (0.4) | 0.4 | 0.5 |
| Operating Expenses | |||||||
| R&D Expenses | 72.5 | 73.3 | 54.7 | 38.6 | 9.6 | 7.5 | 7.2 |
| SG&A Expenses | 29.4 | 31.8 | 25.6 | 22.7 | 9.1 | 2.4 | 1.5 |
| Other Expenses | 0 | 0 | 0 | 0 | 7.5 | 2.1 | 0.9 |
| Operating Expenses | 101.9 | 105.2 | 80.3 | 61.3 | 26.2 | 12.0 | 9.7 |
| Operating Income | |||||||
| Operating Income | (100.8) | (105.3) | (90.6) | (59.1) | (26.5) | (11.6) | (9.2) |
| Interest Expense | 0.0 | 0.0 | 0.1 | 0.0 | 0.4 | 0.4 | 0.1 |
| Interest Income | 13.2 | 17.7 | 20.3 | 8.5 | 0.1 | 0.0 | 0.2 |
| Profitability | |||||||
| EBITDA | (81.0) | (88.9) | (78.7) | (53.9) | (24.2) | (9.5) | (6.9) |
| EBIT | (100.8) | (105.3) | (90.6) | (59.1) | (26.5) | (11.6) | (8.3) |
| Income Before Tax | (93.4) | (95.3) | (65.5) | (9.8) | 18.1 | (14.3) | (9.1) |
| Income Tax Expense | (0.0) | 1.2 | 0 | (0.2) | (0.0) | 0.1 | 0.1 |
| Net Income | (93.4) | (96.5) | (65.5) | (9.6) | 18.1 | (14.4) | (9.2) |
| Per Share Data | |||||||
| EPS (Basic) | -0.51 | -0.54 | -0.37 | -0.05 | 0.08 | -0.21 | -0.06 |
| EPS (Diluted) | -0.51 | -0.54 | -0.37 | -0.05 | 0.08 | -0.21 | -0.06 |
| Shares Outstanding | 184.9 | 179.4 | 178.0 | 174.4 | 167.6 | 69.9 | 167.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 47.3 | 25.4 | 34.5 | 50.1 | 513.4 | 5.0 | 10.6 |
| Short-Term Investments | 203.9 | 92.8 | 141.5 | 273.0 | 75.9 | 0 | 0 |
| Net Receivables | 2.2 | 1.4 | 1.6 | 1.8 | 0.8 | 0.3 | 0.3 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 14.1 | 5.6 | 5.5 | 2.9 | 0 | 0 | 0 |
| Total Current Assets | 267.4 | 125.2 | 183.1 | 327.8 | 594.4 | 5.5 | 11.2 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 96.0 | 105.6 | 107.4 | 91.4 | 22.1 | 8.5 | 9.5 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.1 | 2.1 | 1.6 | 1.1 | 0.6 | 0.2 | 0.2 |
| Long-Term Investments | 50.4 | 210.4 | 239.6 | 173.0 | 0 | 0 | 0 |
| Other Non-Current Assets | 39.2 | 5.0 | 1.1 | 1.1 | 0.6 | 0 | 0 |
| Total Non-Current Assets | 190.4 | 323.0 | 349.7 | 266.6 | 23.3 | 8.7 | 9.7 |
| Total Assets | 457.8 | 448.2 | 532.8 | 594.4 | 617.7 | 14.2 | 20.8 |
| Current Liabilities | |||||||
| Account Payables | 8.3 | 8.1 | 6.5 | 11.3 | 4.3 | 0.2 | 0.3 |
| Short-Term Debt | 1.0 | 0 | 0 | 0.0 | 0.1 | 1.2 | 0.7 |
| Deferred Revenue | 0.4 | 3.1 | 0.8 | 4.0 | 0.5 | 0.0 | 0.5 |
| Other Current Liabilities | 7.0 | 7.6 | 7.6 | 3.3 | 1.2 | 0.3 | 0.2 |
| Total Current Liabilities | 16.8 | 20.0 | 15.9 | 20.7 | 8.4 | 1.8 | 1.7 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0.0 | 5.1 | 5.7 |
| Deferred Tax Liabilities | 2.7 | 0 | 0 | 0 | 0.2 | 0.3 | 0.1 |
| Other Non-Current Liabilities | 14.9 | 9.7 | 5.0 | 9.1 | 50.4 | 3.1 | 0.4 |
| Total Non-Current Liabilities | 24.8 | 18.0 | 13.6 | 18.3 | 50.6 | 8.5 | 6.3 |
| Total Liabilities | 41.6 | 37.9 | 29.5 | 39.1 | 59.0 | 10.3 | 7.9 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (274.9) | (181.2) | (84.6) | (19.1) | (9.5) | (27.6) | (16.2) |
| Accumulated Other Comprehensive Income | 0.4 | 0.0 | (0.6) | (3.2) | 0 | 0 | 0 |
| Total Stockholders' Equity | 415.7 | 410.3 | 503.3 | 555.4 | 558.7 | 3.9 | 12.9 |
| Total Liabilities & Equity | 457.8 | 448.2 | 532.8 | 594.4 | 617.7 | 14.2 | 20.8 |
| Debt Metrics | |||||||
| Total Debt | 8.3 | 9.4 | 9.6 | 10.1 | 0.1 | 6.3 | 6.4 |
| Net Debt | (39.0) | (16.0) | (25.0) | (40.1) | (513.3) | 1.4 | (4.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (93.4) | (96.5) | (65.5) | (9.6) | 18.1 | (14.4) | (9.2) |
| Depreciation & Amortization | 19.8 | 17.4 | 12.7 | 5.9 | 2.4 | 2.1 | 1.4 |
| Stock-Based Compensation | 9.0 | 12.0 | 10.4 | 8.7 | 2.7 | 0.2 | 0.1 |
| Change in Working Capital | (10.5) | 3.7 | (0.1) | 5.4 | (0.3) | (0.5) | (1.1) |
| Other Non-Cash Items | 1.7 | (0.4) | (15.7) | (44.0) | (48.3) | 2.5 | 0.0 |
| Operating Cash Flow | (73.4) | (63.9) | (58.3) | (33.8) | (25.4) | (10.0) | (8.6) |
| Investing Activities | |||||||
| Capital Expenditure | (10.2) | (16.4) | (35.1) | (58.8) | (13.0) | (1.1) | (3.1) |
| Acquisitions | 0 | (0.7) | 0 | 0.5 | 0 | 0 | 0 |
| Purchases of Investments | (277.7) | (216.2) | (327.6) | (561.6) | (75.9) | 0 | 0 |
| Sales/Maturities of Investments | 268.9 | 303.0 | 405.2 | 190.4 | 0 | 0 | 0 |
| Other Investing Activities | (0.9) | (6.0) | (0.6) | (0.5) | (0.4) | (0.0) | 0.0 |
| Investing Cash Flow | (19.9) | 64.2 | 42.5 | (430.0) | (88.9) | (1.1) | (3.1) |
| Financing Activities | |||||||
| Net Debt Issuance | (0.3) | (0.4) | (0.4) | (0.3) | 2.3 | 5.4 | 5.9 |
| Stock Repurchased | (3.6) | (9.1) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 88.4 | (0.3) | 0.1 | 0.7 | 491.0 | 0.0 | 0.0 |
| Financing Cash Flow | 89.5 | (9.4) | 0.2 | 0.5 | 622.8 | 5.4 | 5.9 |
| Cash Position | |||||||
| Net Change in Cash | (3.8) | (9.1) | (15.6) | (463.3) | 508.5 | (5.7) | (5.8) |
| Cash at Beginning | 25.4 | 34.5 | 50.1 | 513.4 | 5.0 | 10.6 | 16.4 |
| Cash at End | 21.6 | 25.4 | 34.5 | 50.1 | 513.4 | 5.0 | 10.6 |
| Free Cash Flow | (83.6) | (80.3) | (93.3) | (92.6) | (38.4) | (11.1) | (11.7) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 21.7 | 20.1 | 17.4 | 11.8 | 2.7 | 2.1 | 2.3 |
| Gross Profit | 1.1 | (0.1) | (10.3) | 2.2 | (0.4) | 0.4 | 0.5 |
| Operating Income | (100.8) | (105.3) | (90.6) | (59.1) | (26.5) | (11.6) | (9.2) |
| Net Income | (93.4) | (96.5) | (65.5) | (9.6) | 18.1 | (14.4) | (9.2) |
| EPS (Diluted) | -0.51 | -0.54 | -0.37 | -0.05 | 0.08 | -0.21 | -0.06 |
| Balance Sheet | |||||||
| Cash & Equivalents | 47.3 | 25.4 | 34.5 | 50.1 | 513.4 | 5.0 | 10.6 |
| Total Assets | 457.8 | 448.2 | 532.8 | 594.4 | 617.7 | 14.2 | 20.8 |
| Total Debt | 8.3 | 9.4 | 9.6 | 10.1 | 0.1 | 6.3 | 6.4 |
| Stockholders' Equity | 415.7 | 410.3 | 503.3 | 555.4 | 558.7 | 3.9 | 12.9 |
| Cash Flow | |||||||
| Operating Cash Flow | (73.4) | (63.9) | (58.3) | (33.8) | (25.4) | (10.0) | (8.6) |
| Capital Expenditure | (10.2) | (16.4) | (35.1) | (58.8) | (13.0) | (1.1) | (3.1) |
| Free Cash Flow | (83.6) | (80.3) | (93.3) | (92.6) | (38.4) | (11.1) | (11.7) |