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Stardust Power, Inc.

SDST

Stardust Power is a development-stage American energy company focused on the production of battery-grade lithium carbonate (BGLC).

Market cap
$18.83M-2.2%
Net income-$17.2M+27.6%
Free cash flow-$8.3M+23.8%
EPS (diluted)-$1.46+71.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 12, 2026 (In 3 weeks)
Revenue estimate$1.0M
EPS estimate-$0.39

Financials

Q1 2026

Income statement

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Operating income-$4.0M+30.7%
Net income-$5.2M-37.4%
EPS (diluted)-$0.53+26.4%

Balance sheet

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Cash & equivalents$1.2M-22.2%
Total debt$103.8K-98.4%
Total equity-$7.9M+38.7%
Total assets$9.4M-17.6%

Cash flow

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Operating cash flow-$2.1M+28.2%
CapEx$1.2K+2.5%
Free cash flow-$2.1M+0.2%

Competitors

Profile

Stardust Power is a development-stage American energy company focused on the production of battery-grade lithium carbonate (BGLC). The company is developing a large-scale central refinery in Muskogee, Oklahoma, designed to process multiple lithium chloride brine feedstocks into high-purity lithium for the electric vehicle, energy storage, and national defense sectors. Its core value proposition centers on securing a domestic, sustainable supply chain for critical minerals to reduce U.S. reliance on foreign imports.

Competitive position

Stardust Power aims to operate one of the largest lithium refineries in North America, utilizing a flexible feedstock design and sustainable zero-liquid-discharge technology to compete with established Asian refiners.

GeographiesUnited States, North America
Customer segmentsAutomotive, Energy Storage, Aerospace and Defense, Technology and Data Centers
Business modelManufacturing, Vertically integrated producer
SuppliersLithium brine suppliers, Direct Lithium Extraction (DLE) technology providers, Electricity and utility providers, Chemical reagent suppliers
CustomersElectric vehicle manufacturers, Battery cell and pack assemblers, Military drone and tactical energy storage producers, Grid-scale energy storage developers
Listed2024
CEORoshan Pujari
FilingsSEC EDGAR

Questions, answered.

What is Stardust Power, Inc.'s market cap?
Stardust Power, Inc. (SDST) has a market capitalization of $18.8M and trades on XNAS.
Who are Stardust Power, Inc.'s competitors?
Stardust Power, Inc.'s key competitors include Albemarle Corporation, Lithium Americas Corp., Tesla, Inc., and others. These companies compete in similar markets and product categories.
Who does Stardust Power, Inc. partner with?
Stardust Power, Inc.'s notable partners include Sumitomo Corporation, Hatch Ltd., Primero, and others.
What subsidiaries does Stardust Power, Inc. have?
Stardust Power, Inc.'s subsidiaries include Stardust Power LLC.
Where is Stardust Power, Inc. headquartered?
Stardust Power, Inc. is headquartered in United States of America. It has been publicly traded since 2024.