Solid Power, Inc. (SLDP) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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SLDP Revenue Growth
Revenue Breakdown (FY 2025)
SLDP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SLDP Revenue Analysis (2019–2025)
As of May 8, 2026, Solid Power, Inc. (SLDP) generated trailing twelve-month (TTM) revenue of $18.8 million, reflecting significant decline in growth of -48.9% year-over-year. The most recent quarter (Q1 2026) recorded $3.1 million in revenue, down 44.3% sequentially.
Looking at the longer-term picture, SLDP's 5-year compound annual growth rate (CAGR) stands at +59.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $21.7 million in 2025, representing a new all-time high.
Revenue diversification analysis shows SLDP's business is primarily driven by Government Contract (100%). With over half of revenue concentrated in Government Contract, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including ENVX (+15.6% YoY), MVST (+12.6% YoY), and CBAT (-22.0% YoY), SLDP has underperformed the peer group in terms of revenue growth. Compare SLDP vs ENVX →
SLDP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SLDPCurrent | $19M | -48.9% | +59.6% | -463.7% | |
 ENVX | $32M | +15.6% | - | -557.0% | |
 MVST | $428M | +12.6% | +31.8% | 1.6% | |
 CBAT | $177M | -22.0% | +51.4% | 5.0% | |
 NRGV | $204M | +362.0% | - | -36.5% |
SLDP Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $21.7M | +8.0% | $1.1M | 5.0% | $-100,832,000 | -463.7% |
| 2024 | $20.1M | +15.7% | $-145,000 | -0.7% | $-105,333,000 | -523.0% |
| 2023 | $17.4M | +47.7% | $-10,321,000 | -59.3% | $-90,620,000 | -520.5% |
| 2022 | $11.8M | +334.7% | $2.2M | 18.6% | $-59,119,000 | -501.5% |
| 2021 | $2.7M | +29.0% | $-361,000 | -13.3% | $-26,546,000 | -978.8% |
| 2020 | $2.1M | -7.6% | $433K | 20.6% | $-11,593,000 | -551.3% |
| 2019 | $2.3M | - | $454K | 20.0% | $-9,246,745 | -406.3% |
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Start ComparisonSLDP — Frequently Asked Questions
Quick answers to the most common questions about buying SLDP stock.
Is SLDP's revenue growth accelerating or slowing?
SLDP revenue declined -48.9% year-over-year, contrasting with the 5-year CAGR of +59.6%. TTM revenue fell to $19M. This reverses the prior growth trend.
What is SLDP's long-term revenue growth rate?
Solid Power, Inc.'s 5-year revenue CAGR of +59.6% reflects the variable expansion pattern. Current YoY growth of -48.9% is below this long-term average.
How is SLDP's revenue distributed by segment?
SLDP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.