Solid Power, Inc. logo SLDP - Solid Power, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 2
HOLD 2
SELL 1
STRONG
SELL
0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 3.1 3.6 4.6 7.5 6.0 4.5 4.7 5.1 6.0 2.3 6.4 4.9 3.8 4.2 2.8 2.6 2.2 1.0 0.6 0.6 0.5 0.6 0.6 0.4 0.5
Cost of Revenue 6.1 5.9 6.1 8.5 5.1 3.6 7.0 5.4 4.3 7.4 7.2 6.9 6.3 1.0 3.5 3.0 2.0 1.3 0.7 0.5 0.5 0.4 0.5 0.3 0.4
Gross Profit (3.0) (2.2) (1.6) (0.9) 0.9 0.9 (2.3) (0.4) 1.7 (5.0) (0.8) (2.0) (2.5) 3.2 (0.7) (0.4) 0.2 (0.3) (0.1) 0.0 (0.0) 0.1 0.1 0.1 0.1
Operating Expenses
R&D Expenses 17.7 16.9 18.3 18.3 19.0 18.6 17.3 18.5 18.9 14.4 14.2 14.5 11.6 13.8 9.7 8.4 6.7 1.1 4.4 3.2 3.1 2.1 2.4 2.6 2.5
SG&A Expenses 5.6 7.4 4.6 6.6 5.9 7.3 8.0 8.0 8.6 6.2 6.4 5.7 7.2 6.9 5.2 5.9 4.8 1.1 4 2.9 1.2 1.5 0.3 0.3 0.3
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5.3 0 0 0 (0.9) 0.3 0.3 0.3
Operating Expenses 23.4 24.3 22.9 24.9 24.9 25.9 25.3 26.6 27.4 20.6 20.7 20.2 18.8 20.7 14.9 14.3 11.5 7.5 8.4 6.1 4.3 2.7 3.0 3.2 3.2
Operating Income
Operating Income (26.3) (26.5) (24.4) (25.9) (24.0) (25.0) (27.6) (26.9) (25.8) (25.6) (21.5) (22.2) (21.3) (17.5) (15.6) (14.7) (11.3) (7.7) (8.5) (6.0) (4.3) (2.5) (2.9) (3.1) (3.1)
Interest Expense 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0 0 0.1 0
Interest Income 4.0 3.3 3.0 3.2 3.6 4.0 4.3 4.5 5.1 5.2 5.2 5.0 4.8 2.0 3.1 0.9 0.2 0.0 0.0 0.0 0.0 0.1 0.1 0.0 0.1
Profitability
EBITDA (21.3) (21.6) (19.5) (20.9) (19.2) (20.6) (23.6) (22.9) (21.9) (21.5) (18.6) (19.5) (19.1) (15.8) (13.9) (13.7) (10.6) (7.0) (7.9) (5.5) (3.7) (2.8) (2.1) (2.3) (2.3)
EBIT (26.3) (26.5) (24.4) (25.9) (24.0) (25.0) (27.6) (26.9) (25.8) (25.6) (21.5) (22.2) (21.3) (17.5) (15.6) (14.7) (11.3) (7.7) (8.5) (6.0) (4.3) (3.4) (2.6) (2.8) (2.8)
Income Before Tax (12.9) (27.4) (25.5) (25.3) (15.2) (30.3) (22.0) (21.8) (21.2) (19.0) (15.1) (12.2) (19.2) (0.6) (12.5) 13.7 (10.4) 43.0 (8.5) (9.3) (7.2) (4.9) (3.0) (3.2) (3.2)
Income Tax Expense 0.1 (0.4) 0.4 0.0 0 0.3 0.4 0.5 0 0 0 0 0 (0.2) (0.1) 0.0 (0.0) 0.1 (0.0) 0.0 (0.1) 0.0 0.0 0.0 0.0
Net Income (13.0) (27.1) (25.9) (25.3) (15.2) (30.6) (22.4) (22.3) (21.2) (19.0) (15.1) (12.2) (19.2) (0.5) (12.4) 13.7 (10.3) 43.0 (8.4) (9.3) (7.1) (5.0) (3.0) (3.2) (3.2)
Per Share Data
EPS (Basic) -0.06 -0.15 -0.14 -0.14 -0.08 0.37 -0.13 -0.13 -0.12 -0.11 -0.08 -0.07 -0.12 -0.00 -0.07 0.08 -0.06 0.19 -0.08 -0.10 -0.16 -0.03 -0.41 -0.02 -0.02
EPS (Diluted) -0.06 -0.15 -0.14 -0.14 -0.08 0.37 -0.13 -0.13 -0.12 -0.11 -0.08 -0.07 -0.12 -0.00 -0.07 0.08 -0.06 0.19 -0.08 -0.10 -0.16 -0.03 -0.41 -0.02 -0.02
Shares Outstanding 0.2 184.9 182.4 180.3 181.4 179.9 179.2 177.6 180.8 178.0 178.4 178.1 176.9 176.0 175.0 174.1 172.4 167.6 102.4 88.9 45.1 69.9 7.4 167.6 6.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 31.5 47.3 47.3 26.2 29.5 25.4 38.0 30.6 14.0 34.5 27.5 28.4 9.9 50.1 97.7 301.6 450.4 513.4 109.3 120.3 6.8 5.0
Short-Term Investments 223.9 203.9 203.9 204.7 211.5 92.8 94.0 109.9 132.6 141.5 166.0 192.7 245.6 273.0 270.8 182.7 102.9 75.9 0 0 0 0
Net Receivables 12.7 2.2 7.2 4.6 2.2 1.4 2.6 12.3 14.3 1.6 8.3 5.2 1.7 1.8 3.3 2.0 1.6 0.8 0.6 0.4 0.4 0.3
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 6.6 14.5 3.7 4.1 6.1 5.6 5.3 8.0 9.7 5.5 3.2 3.5 4.2 2.9 0 0 0 0 0 0 0 0
Total Current Assets 274.7 267.4 262.2 239.7 249.3 125.2 139.9 160.8 170.6 183.1 205.0 229.9 261.4 327.8 374.3 489.2 557.9 594.4 111.0 121.0 7.5 5.5
Non-Current Assets
Property, Plant & Equipment 91.4 93.0 96.0 99.2 102.0 105.6 107.5 107.6 107.6 107.4 107.6 103.5 96.4 91.4 82.4 66.8 42.8 22.1 13.4 11.2 8.1 8.5
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 2.2 2.1 2.1 2.7 2.5 2.1 2.0 1.9 1.8 1.6 1.5 1.4 1.2 1.1 0.9 0.8 0.7 0.6 0.4 0.3 0.3 0.2
Long-Term Investments 185.4 50.4 50.4 50.7 59.7 210.4 216.1 218.3 232.3 239.6 228.8 222.3 212.8 173.0 139.0 49.9 10.9 0 0 0 0 0
Other Non-Current Assets 1.0 44.8 5.5 5.7 5.9 5.0 5.4 4.0 3.9 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 0.6 0 0 0.0 0
Total Non-Current Assets 280.0 190.4 154.0 158.3 170.1 323.0 331.0 331.8 345.6 349.7 338.9 328.2 311.5 266.6 223.5 118.7 55.6 23.3 13.8 11.5 8.3 8.7
Total Assets 554.7 457.8 416.1 398.0 419.4 448.2 470.9 492.6 516.2 532.8 543.9 558.0 572.9 594.4 597.8 608.1 613.5 617.7 124.9 132.5 15.8 14.2
Current Liabilities
Account Payables 12.4 8.3 9.4 0 6.4 8.1 0 0 0 6.5 0 8.1 3.6 11.3 9.9 9.5 4.1 4.3 1.3 1.0 0.4 0.2
Short-Term Debt 1.0 1.0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.1 0.1 0.1 1.2 1.2 1.2 1.2
Deferred Revenue 0.4 0.2 0.4 0.4 0 3.1 6.7 10.1 3.1 0.8 0 0.0 1.0 4.0 0.2 0.2 0.4 0.5 0 0 0 0
Other Current Liabilities 0 7.2 0.1 11.2 3.1 7.6 12.6 11.8 14.1 7.6 11.0 4.1 2.0 3.3 2.9 2.2 0.8 1.2 0.1 0.9 0.0 0.0
Total Current Liabilities 17.1 16.8 16.6 12.4 10.4 20.0 20.3 22.9 18.2 15.9 12.0 13.1 12.6 20.7 15.2 13.6 6.5 8.4 4.5 4.1 2.2 1.8
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 0.0 0.6 0.9 5.9 5.1
Deferred Tax Liabilities 0 2.7 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0.2 0.2 0.2 0 0.2 0 0
Other Non-Current Liabilities 5.3 14.9 10.7 7.2 4.0 9.7 3.3 4.9 5.6 5.0 5.6 6.8 11.8 9.1 21.8 21.8 49.3 50.4 0.4 0.3 6.0 3.4
Total Non-Current Liabilities 12.2 24.8 18.0 14.8 11.8 18.0 11.1 12.9 18.6 13.6 14.3 15.6 20.8 18.3 29.7 29.5 57.2 50.6 1.0 1.4 11.9 8.5
Total Liabilities 29.3 41.6 34.6 27.2 22.3 37.9 31.4 35.8 36.8 29.5 26.3 28.7 33.4 39.1 44.8 43.1 63.6 59.0 5.5 5.5 14.1 10.3
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (287.8) (274.9) (247.7) (221.7) (196.3) (181.2) (150.5) (128.1) (105.8) (84.6) (65.6) (50.4) (38.2) (19.1) (18.6) (6.2) (19.9) (9.5) (391.0) (336.3) (134.4) (27.6)
Accumulated Other Comprehensive Income (1.1) 0.4 0.4 0.2 0.2 0.0 0.9 (1.1) (1.1) (0.6) (3.2) (3.4) (2.3) (3.2) (3.8) (1.3) (0.3) 0 0 0 0 0
Total Stockholders' Equity 525.5 415.7 381.5 370.8 397.1 410.3 439.4 456.8 479.4 503.3 517.6 529.3 539.5 555.4 553.0 565.0 549.8 558.7 119.4 127.0 1.7 3.9
Total Liabilities & Equity 554.7 457.8 416.1 398.0 419.4 448.2 470.9 492.6 516.2 532.8 543.9 558.0 572.9 594.4 597.8 608.1 613.5 617.7 124.9 132.5 15.8 14.2
Debt Metrics
Total Debt 8.0 8.3 8.2 8.4 8.7 9.4 8.8 9.1 9.3 9.6 9.7 9.7 9.9 10.1 8.6 8.2 8.4 0.1 1.8 2.1 7.2 6.3
Net Debt (23.5) (39.0) (39.1) (17.8) (20.8) (16.0) (29.2) (21.6) (4.7) (25.0) (17.8) (18.7) (0.0) (40.1) (89.1) (293.4) (442.0) (513.3) (107.5) (118.2) 0.4 1.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income (13.0) (27.1) (25.9) (25.3) (15.2) (30.6) (22.4) (22.3) (21.2) (19.0) (15.1) (12.2) (19.2) (0.5) (12.4) 13.7 (10.3) 43.0 (8.4) (9.3) (7.1) (5.0) (3.0) (3.2) (3.2)
Depreciation & Amortization 5.0 5.0 5.0 5.0 4.9 4.7 4.2 4.3 4.1 4.4 3.1 2.8 2.4 2.4 1.7 1.0 0.8 0.7 0.6 0.6 0.5 0.6 0.5 0.5 0.5
Stock-Based Compensation 2.7 2.5 2.5 2.2 1.8 3.0 3.1 3.1 2.9 1.9 3.3 2.9 2.2 2.2 2.6 2.3 1.6 1.7 0.8 0.1 0.1 0.1 0.0 0.0 0.0
Change in Working Capital (3.3) (1.9) 0.4 2.2 (11.2) 1.4 8.5 6.6 (12.9) 10.1 (2.7) (2.4) (5.1) 7.4 1.8 1.8 (5.7) (1.6) (0.7) 2.0 0.1 (0.6) 0.2 0.2 0.2
Other Non-Cash Items (10.2) 3.1 3.7 1.5 (6.7) 7.6 (3.3) (2.8) (1.9) (3.9) (3.9) (7.8) (0.1) (14.7) (1.2) (27.5) (0.7) (51.2) 0.0 0.1 2.9 2.2 (0.2) (0.1) 0.2
Operating Cash Flow (18.8) (18.4) (14.3) (14.4) (26.3) (13.9) (9.9) (11.1) (29.1) (6.6) (15.3) (16.7) (19.6) (3.3) (7.5) (8.6) (14.4) (7.4) (7.9) (6.5) (3.6) (2.7) (2.4) (2.6) (2.3)
Investing Activities
Capital Expenditure (1.7) (3.9) (0.6) (2.9) (2.8) (4.8) (2.8) (4.5) (4.2) (5.1) (8.5) (9.7) (11.7) (10.6) (17.0) (20.6) (10.6) (6.2) (2.9) (3.8) (0.1) (0.1) (0.2) (0.2) (0.5)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0.1 0.1 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (185.2) (119.0) (57.1) (59.9) (41.8) (42.2) (74.5) (38.3) (61.3) (71.0) (82.2) (63.8) (110.6) (112.8) (236.0) (151.1) (61.7) (75.9) 0 0 0 0 0 0 0
Sales/Maturities of Investments 94.6 57.8 58.6 77.3 75.2 50.8 96.0 77.0 79.1 89.7 105.2 108.7 101.7 79.2 56.4 31.4 23.4 0 0 0 0 0 0 0 0
Other Investing Activities 0 (0.2) 0 (0.2) (0.5) (1.9) (1.4) (3.2) (0.2) (0.1) (0.2) (0.1) (0.1) (0.2) (0.1) (0.1) (0.1) (0.2) (0.1) (0.1) (0.0) (0.0) (0.0) (0.0) (0.0)
Investing Cash Flow (92.3) (66.0) 1.0 14.6 30.5 2.1 17.3 31.2 13.6 13.5 14.5 35.2 (20.7) (44.2) (196.6) (140.3) (48.9) (82.1) (2.9) (3.8) (0.1) (0.1) (0.2) (0.3) (0.5)
Financing Activities
Net Debt Issuance (0.1) 0.2 (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.0) (0.1) (1.7) (0.3) (1.3) 5.5 4.9 (0.0) (0.1) (0.3)
Stock Repurchased 0 0 0 (3.6) 0 (0.8) 0 (3.4) (4.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 121.0 55.4 33.2 0.3 (0.3) (0.0) (0.3) 0.0 (0.1) 0.0 (0.2) 0.1 0.1 0.0 0.3 0.1 0.3 495.4 0.0 125.1 0.0 0.0 0.0 0.9 0.0
Financing Cash Flow 120.9 58.7 34.3 (3.3) (0.2) (0.8) (0.1) (3.4) (5.1) 0.1 (0.1) 0.1 0.1 (0.0) 0.2 0.1 0.2 493.7 (0.3) 123.8 5.5 4.9 (0.0) 0.8 (0.3)
Cash Position
Net Change in Cash 9.9 (25.7) 21.0 (3.2) 4.0 (12.6) 7.3 16.6 (20.5) 7.1 (1.0) 18.6 (40.2) (47.6) (203.9) (148.8) (63.0) 404.2 (11.1) 113.6 1.8 2.1 (2.6) (2.0) (3.1)
Cash at Beginning 21.6 47.3 26.2 29.5 25.4 38.0 30.6 14.0 34.5 27.5 28.4 9.9 50.1 97.7 301.6 450.4 513.4 109.3 120.3 6.8 5.0 2.9 5.5 7.5 10.6
Cash at End 31.5 21.6 47.3 26.2 29.5 25.4 38.0 30.6 14.0 34.5 27.5 28.4 9.9 50.1 97.7 301.6 450.4 513.4 109.3 120.3 6.8 5.0 2.9 5.5 7.5
Free Cash Flow (20.4) (22.3) (14.8) (17.3) (29.1) (18.7) (12.7) (15.6) (33.3) (11.7) (23.9) (26.4) (31.3) (13.9) (24.6) (29.1) (25.0) (13.6) (10.8) (10.3) (3.7) (2.8) (2.6) (2.8) (2.8)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 3.1 3.6 4.6 7.5 6.0 4.5 4.7 5.1 6.0 2.3 6.4 4.9 3.8 4.2 2.8 2.6 2.2 1.0 0.6 0.6 0.5 0.6 0.6 0.4 0.5
Gross Profit (3.0) (2.2) (1.6) (0.9) 0.9 0.9 (2.3) (0.4) 1.7 (5.0) (0.8) (2.0) (2.5) 3.2 (0.7) (0.4) 0.2 (0.3) (0.1) 0.0 (0.0) 0.1 0.1 0.1 0.1
Operating Income (26.3) (26.5) (24.4) (25.9) (24.0) (25.0) (27.6) (26.9) (25.8) (25.6) (21.5) (22.2) (21.3) (17.5) (15.6) (14.7) (11.3) (7.7) (8.5) (6.0) (4.3) (2.5) (2.9) (3.1) (3.1)
Net Income (13.0) (27.1) (25.9) (25.3) (15.2) (30.6) (22.4) (22.3) (21.2) (19.0) (15.1) (12.2) (19.2) (0.5) (12.4) 13.7 (10.3) 43.0 (8.4) (9.3) (7.1) (5.0) (3.0) (3.2) (3.2)
EPS (Diluted) -0.06 -0.15 -0.14 -0.14 -0.08 0.37 -0.13 -0.13 -0.12 -0.11 -0.08 -0.07 -0.12 -0.00 -0.07 0.08 -0.06 0.19 -0.08 -0.10 -0.16 -0.03 -0.41 -0.02 -0.02
Balance Sheet
Cash & Equivalents 31.5 47.3 47.3 26.2 29.5 25.4 38.0 30.6 14.0 34.5 27.5 28.4 9.9 50.1 97.7 301.6 450.4 513.4 109.3 120.3 6.8 5.0
Total Assets 554.7 457.8 416.1 398.0 419.4 448.2 470.9 492.6 516.2 532.8 543.9 558.0 572.9 594.4 597.8 608.1 613.5 617.7 124.9 132.5 15.8 14.2
Total Debt 8.0 8.3 8.2 8.4 8.7 9.4 8.8 9.1 9.3 9.6 9.7 9.7 9.9 10.1 8.6 8.2 8.4 0.1 1.8 2.1 7.2 6.3
Stockholders' Equity 525.5 415.7 381.5 370.8 397.1 410.3 439.4 456.8 479.4 503.3 517.6 529.3 539.5 555.4 553.0 565.0 549.8 558.7 119.4 127.0 1.7 3.9
Cash Flow
Operating Cash Flow (18.8) (18.4) (14.3) (14.4) (26.3) (13.9) (9.9) (11.1) (29.1) (6.6) (15.3) (16.7) (19.6) (3.3) (7.5) (8.6) (14.4) (7.4) (7.9) (6.5) (3.6) (2.7) (2.4) (2.6) (2.3)
Capital Expenditure (1.7) (3.9) (0.6) (2.9) (2.8) (4.8) (2.8) (4.5) (4.2) (5.1) (8.5) (9.7) (11.7) (10.6) (17.0) (20.6) (10.6) (6.2) (2.9) (3.8) (0.1) (0.1) (0.2) (0.2) (0.5)
Free Cash Flow (20.4) (22.3) (14.8) (17.3) (29.1) (18.7) (12.7) (15.6) (33.3) (11.7) (23.9) (26.4) (31.3) (13.9) (24.6) (29.1) (25.0) (13.6) (10.8) (10.3) (3.7) (2.8) (2.6) (2.8) (2.8)