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SLDP logoSolid Power, Inc.(SLDP)Earnings, Financials & Key Ratios

SLDP•NASDAQ
$3.35
$726865 mkt cap·Price updated May 6, 2026
SectorIndustrialsIndustryElectrical EquipmentSub-IndustryBattery Cells and Materials
AboutSolid Power, Inc. focuses on the development and commercialization of all-solid-state battery cells and solid electrolyte materials for the battery-powered electric vehicle market in the United States. The company was founded in 2011 and is headquartered in Louisville, Colorado.Show more
  • Revenue$22M+8.0%
  • EBITDA-$81M+8.8%
  • Net Income-$93M+3.2%
  • EPS (Diluted)-0.51+5.6%
  • Gross Margin5.05%+801.2%
  • EBITDA Margin-372.65%+15.6%
  • Operating Margin-463.66%+11.4%
  • Net Margin-429.53%+10.4%
  • ROE-22.6%-7.0%
  • ROIC-19.61%-8.3%
  • Debt/Equity0.02-13.5%
  • Interest Coverage-3738.32-63.3%
Technical→

SLDP Key Insights

Solid Power, Inc. (SLDP) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y sales CAGR of 59.6%
  • ✓Trading at only 1.5x book value

✗Weaknesses

  • ✗Profits declining 45.4% over 5 years
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 19 (bottom 19%)
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

SLDP Price & Volume

Solid Power, Inc. (SLDP) stock price & volume — 10-year historical chart

Loading chart...

SLDP Growth Metrics

Solid Power, Inc. (SLDP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years59.56%
3 Years22.64%
TTM-11.71%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-0.91%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-1733.33%

Return on Capital

10 Years-28.93%
5 Years-16.13%
3 Years-20.7%
Last Year-23.2%

SLDP Recent Earnings

Solid Power, Inc. (SLDP) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 5, 2026
EPS
$0.06
Est $0.12
+50.0%
Revenue
$3M
Est $3M
-7.8%
Q1 2026
Feb 24, 2026
EPS
$0.14
Est $0.16
+12.5%
Revenue
$843,000
Est $3M
-66.3%
Q4 2025
Nov 4, 2025
EPS
$0.14
Est $0.16
+12.5%
Revenue
$4M
Est $3M
+49.3%
Q3 2025
Aug 6, 2025
EPS
$0.14
Est $0.14
+0.0%
Revenue
$6M
Est $5M
+29.7%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$0.06vs $0.12+50.0%
$3Mvs $3M-7.8%
Q1 2026Feb 24, 2026
$0.14vs $0.16+12.5%
$843,000vs $3M-66.3%
Q4 2025Nov 4, 2025
$0.14vs $0.16+12.5%
$4Mvs $3M+49.3%
Q3 2025Aug 6, 2025
$0.14vs $0.14+0.0%
$6Mvs $5M+29.7%
Based on last 12 quarters of dataView full earnings history →

SLDP Peer Comparison

Solid Power, Inc. (SLDP) competitors in Battery Cells and Materials — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
QS logoQSQuantumScape CorporationDirect Competitor4.87B7.95-10.46-37.3%0.06
ENVX logoENVXEnovix CorporationDirect Competitor1.39B6.69-8.9237.91%-492.57%-0.06%0.08
MVST logoMVSTMicrovast Holdings, Inc.Product Competitor633.36M1.96-21.7812.56%-6.83%-7.4%0.45
CBAT logoCBATCBAK Energy Technology, Inc.Product Competitor70.85M0.796.08-13.61%-4.03%-5.5%0.25
NRGV logoNRGVEnergy Vault Holdings, Inc.Product Competitor728.22M4.21-6.48340.86%-52.97%-146.8%1.07
AMPX logoAMPXAmprius Technologies, Inc.Product Competitor3.04B22.19-63.40202.11%-60.3%-49.74%0.38
FLUX logoFLUXFlux Power Holdings, Inc.Product Competitor28.38M1.33-3.339.22%-8.36%-67.4%
F logoFFord Motor CompanySupply Chain47.67B12.17-5.911.23%-3.22%-14.71%4.66

Compare SLDP vs Peers

Solid Power, Inc. (SLDP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs QS

Most directly comparable listed peer for SLDP.

Scale Benchmark

vs GM

Larger-name benchmark to compare SLDP against a more recognizable public peer.

Peer Set

Compare Top 5

vs QS, ENVX, MVST, CBAT

SLDP Income Statement

Solid Power, Inc. (SLDP) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue2.28M2.1M2.71M11.79M17.41M20.14M21.75M17.84M
Revenue Growth %--7.59%28.96%334.7%47.68%15.67%7.98%-11.71%
Cost of Goods Sold1.82M1.67M3.07M9.59M27.73M20.28M20.65M17.95M
COGS % of Revenue80.04%79.41%113.31%81.36%159.28%100.72%94.95%-
Gross Profit
454.31K▲ 0%
433K▼ 4.7%
-361K▼ 183.4%
2.2M▲ 708.6%
-10.32M▼ 569.8%
-145K▲ 98.6%
1.1M▲ 857.2%
-2.22M▲ 0%
Gross Margin %19.96%20.59%-13.31%18.64%-59.28%-0.72%5.05%-12.46%
Gross Profit Growth %--4.69%-183.37%708.59%-569.78%98.6%857.24%-
Operating Expenses9.7M12.03M26.18M61.32M80.3M105.19M101.93M104M
OpEx % of Revenue426.27%571.85%965.52%520.11%461.22%522.31%468.71%-
Selling, General & Admin1.54M2.43M9.08M22.72M25.55M31.85M29.42M29.21M
SG&A % of Revenue67.84%115.64%334.92%192.76%146.75%158.14%135.27%-
Research & Development7.24M7.51M9.59M38.59M54.75M73.34M72.51M71.24M
R&D % of Revenue318.16%357.01%353.76%327.36%314.47%364.17%333.44%-
Other Operating Expenses916.57K2.09M7.51M0000172K
Operating Income
-9.25M▲ 0%
-11.59M▼ 25.4%
-26.55M▼ 129.0%
-59.12M▼ 122.7%
-90.62M▼ 53.3%
-105.33M▼ 16.2%
-100.83M▲ 4.3%
-89.75M▲ 0%
Operating Margin %-406.31%-551.26%-978.83%-501.48%-520.51%-523.03%-463.66%-503.18%
Operating Income Growth %--25.37%-128.98%-122.7%-53.28%-16.24%4.27%-
EBITDA-7.81M-9.53M-24.19M-53.94M-78.66M-88.87M-81.04M-74.5M
EBITDA Margin %-343.06%-452.97%-891.81%-457.57%-451.8%-441.28%-372.65%-417.67%
EBITDA Growth %--22.01%-153.89%-123.03%-45.82%-12.98%8.81%13.86%
D&A (Non-Cash Add-back)1.44M2.07M2.36M5.18M11.96M16.46M19.79M15.25M
EBIT-8.33M-11.59M-26.55M-59.12M-90.62M-105.33M-93.46M-91.2M
Net Interest Income172.95K-333K-338K8.43M20.18M17.63M13.18M9.59M
Interest Income232.32K28K56K8.48M20.27M17.67M13.2M13.62M
Interest Expense59.37K361K394K42K84K46K25K-180K
Other Income/Expense172.95K-2.66M44.61M49.34M25.07M10.01M7.41M-1.46M
Pretax Income
-9.07M▲ 0%
-14.26M▼ 57.1%
18.07M▲ 226.7%
-9.78M▼ 154.1%
-65.55M▼ 570.1%
-95.33M▼ 45.4%
-93.48M▲ 1.9%
-91.28M▲ 0%
Pretax Margin %-398.71%-677.94%666.19%-82.98%-376.5%-473.34%-429.87%-511.75%
Income Tax134.64K118K-25K-227K01.19M-8K76K
Effective Tax Rate %-1.48%-0.83%-0.14%2.32%0%-1.25%0.01%-0.08%
Net Income
-9.21M▲ 0%
-14.38M▼ 56.1%
18.09M▲ 225.9%
-9.55M▼ 152.8%
-65.55M▼ 586.0%
-96.52M▼ 47.2%
-93.41M▲ 3.2%
-91.29M▲ 0%
Net Margin %-404.63%-683.55%667.11%-81.05%-376.5%-479.27%-429.53%-511.81%
Net Income Growth %--56.11%225.86%-152.81%-586.02%-47.25%3.22%-0.91%
Net Income (Continuing)-9.21M-14.38M18.09M-9.55M-65.55M-96.52M-93.41M-91.29M
Discontinued Operations00000000
Minority Interest00000000
EPS (Diluted)
-0.06▲ 0%
-0.21▼ 274.0%
0.08▲ 136.7%
-0.05▼ 172.6%
-0.37▼ 575.2%
-0.54▼ 45.9%
-0.51▲ 5.6%
-420.10▲ 0%
EPS Growth %--274%136.7%-172.58%-575.18%-45.95%5.56%-1733.33%
EPS (Basic)-0.06-0.210.08-0.05-0.37-0.54-0.51-
Diluted Shares Outstanding167.56M69.89M167.56M174.37M178.01M179.4M184.9M217.3K
Basic Shares Outstanding167.56M69.89M167.56M174.37M178.01M179.4M184.9M217.3K
Dividend Payout Ratio--------

SLDP Balance Sheet

Solid Power, Inc. (SLDP) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets11.16M5.48M594.38M327.81M183.12M125.24M267.43M274.74M
Cash & Short-Term Investments10.63M4.97M589.33M323.08M176.04M118.2M251.21M255.41M
Cash Only10.63M4.97M513.45M50.12M34.54M25.41M47.29M31.51M
Short-Term Investments0075.89M272.96M141.5M92.78M203.93M223.9M
Accounts Receivable272.17K277K829K1.84M1.55M1.39M2.15M4.22M
Days Sales Outstanding43.6548.08111.5756.9732.5625.2536.1793.29
Inventory00000000
Days Inventory Outstanding--------
Other Current Assets0002.89M5.52M5.65M14.06M15.11M
Total Non-Current Assets9.68M8.73M23.3M266.64M349.67M323.01M190.35M5.24M
Property, Plant & Equipment9.46M8.48M22.08M91.41M107.4M105.55M95.95M91.43M
Fixed Asset Turnover0.24x0.25x0.12x0.13x0.16x0.19x0.23x0.19x
Goodwill00000000
Intangible Assets216.58K248K619K1.11M1.65M2.07M2.06M2.16M
Long-Term Investments000172.97M239.57M210.4M50.43M332.58M
Other Non-Current Assets00602K1.15M1.06M4.99M39.22M-213.32M
Total Assets
20.84M▲ 0%
14.21M▼ 31.8%
617.68M▲ 4247.7%
594.45M▼ 3.8%
532.79M▼ 10.4%
448.25M▼ 15.9%
457.78M▲ 2.1%
279.99M▲ 0%
Asset Turnover0.11x0.15x0.00x0.02x0.03x0.04x0.05x0.05x
Asset Growth %--31.81%4247.72%-3.76%-10.37%-15.87%2.13%-61.95%
Total Current Liabilities1.68M1.84M8.37M20.73M15.88M19.97M16.8M17.05M
Accounts Payable256.65K202K4.33M11.33M6.46M8.12M8.34M0
Days Payables Outstanding51.4344.15513.83430.9884.96146.19147.4690.12
Short-Term Debt676.2K1.24M120K7K001.04M886K
Deferred Revenue (Current)459.39K38K500K4.05M829K3.15M436K1.19M
Other Current Liabilities242.15K295K1.15M3.27M7.59M7.58M6.98M15.97M
Current Ratio6.62x2.97x71.05x15.81x11.53x6.27x15.92x15.92x
Quick Ratio6.62x2.97x71.05x15.81x11.53x6.27x15.92x15.92x
Cash Conversion Cycle-------3.17
Total Non-Current Liabilities6.25M8.49M50.65M18.34M13.58M17.97M24.81M6.88M
Long-Term Debt5.73M5.1M10K00006.88M
Capital Lease Obligations0009.22M8.55M8.29M7.22M22.19M
Deferred Tax Liabilities134.64K252K226K0002.69M2.69M
Other Non-Current Liabilities381.24K3.14M50.41M9.12M5.03M9.68M14.91M32.79M
Total Liabilities7.93M10.34M59.02M39.07M29.46M37.94M41.61M12.22M
Total Debt6.41M6.34M130K10.05M9.55M9.41M8.26M7.76M
Net Debt-4.22M1.36M-513.32M-40.07M-24.98M-16.01M-39.03M-23.75M
Debt / Equity0.50x1.64x0.00x0.02x0.02x0.02x0.02x0.02x
Debt / EBITDA--------0.10x
Net Debt / EBITDA-------0.32x
Interest Coverage-140.32x-32.11x-67.38x-1407.60x-1078.81x-2289.85x-3738.32x506.66x
Total Equity
12.9M▲ 0%
3.87M▼ 70.0%
558.66M▲ 14328.3%
555.37M▼ 0.6%
503.33M▼ 9.4%
410.31M▼ 18.5%
416.17M▲ 1.4%
525.06M▲ 0%
Equity Growth %--69.99%14328.33%-0.59%-9.37%-18.48%1.43%1.63%
Book Value per Share0.080.063.333.182.832.292.252416.28
Total Shareholders' Equity12.9M3.87M558.66M555.37M503.33M410.31M415.7M525.06M
Common Stock7217K17K18K18K18K20K22K
Retained Earnings-16.2M-27.63M-9.54M-19.09M-84.64M-181.17M-274.9M-287.83M
Treasury Stock00000000
Accumulated OCI000-3.16M-559K39K354K-1.05M
Minority Interest00000000

SLDP Cash Flow Statement

Solid Power, Inc. (SLDP) cash flow — operating, investing & free cash flow history

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations-8.59M-9.99M-25.44M-33.82M-58.26M-63.9M-73.39M-73.39M
Operating CF Margin %-377.47%-475.27%-938.05%-286.91%-334.64%-317.29%-337.49%-
Operating CF Growth %--16.35%-154.53%-32.96%-72.25%-9.68%-14.86%-78.72%
Net Income-9.21M-14.38M18.09M-9.55M-65.55M-96.52M-93.41M-91.29M
Depreciation & Amortization1.44M2.07M2.36M5.92M12.73M17.36M19.79M19.96M
Stock-Based Compensation118.52K182K2.71M8.67M10.37M11.97M8.99M9.87M
Deferred Taxes134.64K118K-25K-227K0000
Other Non-Cash Items3.96K2.52M-48.28M-44.01M-15.69M-393K1.71M-5.1M
Working Capital Changes-1.08M-506K-302K5.38M-121K3.68M-10.47M703K
Change in Receivables146.89K-4K-552K-1.01M288K160K-7.21M-8.29M
Change in Inventory-146.89K0000000
Change in Payables-6.73K-120K778K-1.11M1.81M1.27M1.42M5.43M
Cash from Investing-3.11M-1.06M-88.88M-429.99M42.5M64.2M-19.9M-142.68M
Capital Expenditures-3.12M-1.02M-12.62M-58.79M-34.51M-15.94M-10.21M-9.53M
CapEx % of Revenue137.14%48.5%465.23%498.72%198.23%79.16%46.94%-
Acquisitions000498K0-656K00
Investments--------
Other Investing9.33K-40K-381K-498K-556K-5.97M-853K-375K
Cash from Financing5.89M5.39M622.8M485K173K-9.43M89.48M210.59M
Debt Issued (Net)5.88M5.37M2.28M-263K-369K-427K-284K87K
Equity Issued (Net)00129.54M0434K-8.66M1.41M593K
Dividends Paid00000000
Share Repurchases00000-9.07M-3.59M-3.59M
Other Financing7.82K23K490.98M748K108K-342K88.36M209.91M
Net Change in Cash
-5.81M▲ 0%
-5.66M▲ 2.6%
508.47M▲ 9083.6%
-463.32M▼ 191.1%
-15.59M▲ 96.6%
-9.12M▲ 41.5%
-3.81M▲ 58.3%
2.06M▲ 0%
Free Cash Flow
-11.71M▲ 0%
-11.05M▲ 5.6%
-38.44M▼ 247.7%
-92.62M▼ 141.0%
-93.33M▼ 0.8%
-80.28M▲ 14.0%
-83.6M▼ 4.1%
-74.9M▲ 0%
FCF Margin %-514.61%-525.68%-1417.33%-785.63%-536.07%-398.62%-384.43%-419.95%
FCF Growth %-5.6%-247.7%-140.95%-0.77%13.98%-4.14%1.61%
FCF per Share-0.07-0.16-0.23-0.53-0.52-0.45-0.45-0.45
FCF Conversion (FCF/Net Income)0.93x0.70x-1.41x3.54x0.89x0.66x0.79x0.82x
Interest Paid56.87K351K144K42K84K46K0-8K
Taxes Paid00000000

SLDP Key Ratios

Solid Power, Inc. (SLDP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric202020212022202320242025TTM
Return on Equity (ROE)-171.41%6.43%-1.72%-12.38%-21.13%-22.6%-21.56%
Return on Invested Capital (ROIC)-125.01%-78.72%-15.82%-13.68%-18.11%-19.61%-19.61%
Gross Margin20.59%-13.31%18.64%-59.28%-0.72%5.05%-12.46%
Net Margin-683.55%667.11%-81.05%-376.5%-479.27%-429.53%-511.81%
Debt / Equity1.64x0.00x0.02x0.02x0.02x0.02x0.02x
Interest Coverage-32.11x-67.38x-1407.60x-1078.81x-2289.85x-3738.32x506.66x
FCF Conversion0.70x-1.41x3.54x0.89x0.66x0.79x0.82x
Revenue Growth-7.59%28.96%334.7%47.68%15.67%7.98%-11.71%

SLDP SEC Filings & Documents

Solid Power, Inc. (SLDP) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Apr 24, 2026·SEC

Material company update

Mar 6, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 7, 2025·SEC

SLDP Frequently Asked Questions

Solid Power, Inc. (SLDP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Solid Power, Inc. (SLDP) reported $17.8M in revenue for fiscal year 2025. This represents a 684% increase from $2.3M in 2019.

Solid Power, Inc. (SLDP) grew revenue by 8.0% over the past year. This is steady growth.

Solid Power, Inc. (SLDP) reported a net loss of $91.3M for fiscal year 2025.

Dividend & Returns

Solid Power, Inc. (SLDP) has a return on equity (ROE) of -22.6%. Negative ROE indicates the company is unprofitable.

Solid Power, Inc. (SLDP) had negative free cash flow of $74.9M in fiscal year 2025, likely due to heavy capital investments.

Explore More SLDP

Solid Power, Inc. (SLDP) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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