In Q1 FY2026, Solid Power reported revenue of $3.07M, down 48.9% year-over-year. Net loss improved to $13.03M (14.0% better YoY), while operating loss widened to $26.35M. Diluted EPS was -$0.06, a 25% improvement. Cash stood at $31.51M with equity of $525.06M and no long-term debt.
•Revenue fell 48.9% YoY to $3.07M.
•Net loss narrowed 14.0% to $13.03M.
•Operating loss increased 9.6% to $26.35M.
•Diluted EPS improved 25% to -$0.06.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Solid Power, Inc., a research and development-stage company develops solid-state battery technologies for the electric vehicles markets in the United States. It engages in the development of sulfide-based solid electrolytes. Founded in 2011, the company is headquartered in Louisville, Colorado.
Solid Power, Inc. is a research and development-stage company focused on developing solid-state battery technologies for the electric vehicle (EV) market in the United States. The company specializes in the development of sulfide-based solid electrolytes, which are a key component for next-generation solid-state batteries. Unlike traditional lithium-ion batteries that use liquid electrolytes, solid-state batteries promise higher energy density, improved safety, and longer lifespan. Solid Power aims to commercialize its technology for use in EVs, potentially enabling longer driving ranges and faster charging times. As an R&D-stage company, it has not yet generated revenue from product sales and continues to advance its technology through research and partnerships.
On which stock exchange is Solid Power (SLDP) listed and what currency is used?
Solid Power, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol SLDP. The company trades in U.S. dollars (USD), which is the official currency of the United States. Being listed on NasdaqGS provides the company with access to a broad base of institutional and retail investors, as well as increased visibility in the global financial markets. The exchange is known for hosting many technology and growth-oriented companies, which aligns with Solid Power's focus on innovative battery technology for the electric vehicle industry.
What sector and industry does Solid Power (SLDP) belong to?
Solid Power, Inc. is classified under the Consumer Cyclical sector and the Auto Parts industry. The Consumer Cyclical sector includes companies whose performance is closely tied to the economic cycle, such as automotive, retail, and leisure. Within this sector, the Auto Parts industry encompasses manufacturers of components and parts for vehicles, including electric vehicles. Solid Power's focus on developing solid-state batteries for EVs places it squarely in the auto parts segment, as batteries are a critical component of electric vehicles. This classification reflects the company's role in supplying advanced battery technology to the automotive industry.
Where is Solid Power (SLDP) headquartered and what is its history?
Solid Power, Inc. is headquartered in Louisville, Colorado, United States. The company was founded in 2011 with the mission to develop next-generation solid-state battery technologies. Over the years, it has focused on sulfide-based solid electrolytes, which are considered a promising pathway for solid-state batteries. As an R&D-stage company, Solid Power has not yet commercialized its products but has been working on advancing its technology through research and development. The company's location in Colorado places it within a growing hub for battery technology innovation in the U.S.
How does Solid Power (SLDP) plan to generate revenue?
Solid Power, Inc. is currently a research and development-stage company and has not yet generated revenue from product sales. Its business model revolves around developing solid-state battery technologies, particularly sulfide-based solid electrolytes, for the electric vehicle market. The company aims to generate future revenue through licensing its technology, selling solid electrolyte materials, or partnering with automotive manufacturers to integrate its batteries into EVs. As of now, Solid Power continues to invest in R&D to scale its technology and establish commercial relationships. The company's success depends on its ability to achieve technological milestones and secure partnerships with major automakers.