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Solid Power

SLDP

Solid Power is a developer of all-solid-state battery technology, specifically focusing on sulfide-based solid electrolyte materials designed to replace liquid electrolytes in lithium-ion cells.

Market cap
$481.47M-15.3%
Revenue$18.8M-6.9%
Net income-$91.3M-0.9%
Free cash flow-$75.4M0.0%
EPS (diluted)-$0.48+5.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$1.6M
EPS estimate-$0.12

Financials

Q1 2026

Income statement

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Revenue$3.1M-48.9%
Operating income-$26.3M-9.6%
Net income-$13.0M+14.0%
EPS (diluted)-$0.06+25.0%

Balance sheet

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Cash & equivalents$31.5M+7.0%
Total debt$8.0M-12.7%
Total equity$525.1M+32.2%
Total assets$554.7M+32.3%

Cash flow

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Operating cash flow-$18.8M+28.7%
CapEx$1.7M-29.0%
Free cash flow-$20.4M+28.7%

Valuation & ratios

Valuation

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Market cap$481.47M-15.3%
Enterprise value$457.93M-35.4%
P/S25.6×-6.4×

Profitability

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Operating margin-548.6%+41.2pp
Net margin-485.5%+44.6pp
FCF margin-400.9%+32.3pp

Returns & leverage

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Return on equity-19.8%-0.8pp
Debt / equity0.0×
Current ratio16.1×-7.8×

Segments

By product

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Non Government Contract$2.0M-55.8%
Government Contract$134.0K-79.8%

Competitors

Profile

Solid Power is a developer of all-solid-state battery technology, specifically focusing on sulfide-based solid electrolyte materials designed to replace liquid electrolytes in lithium-ion cells. The company aims to provide a step-change in battery performance, including enhanced energy density and safety, primarily for the electric vehicle market. Its business model centers on the production and sale of electrolyte materials and the licensing of cell manufacturing processes rather than large-scale commercial cell production.

Competitive position

A specialized technology leader focused on an asset-light licensing and material supply model rather than competing as a full-scale cell manufacturer.

GeographiesUnited States, Republic of Korea, Germany
Customer segmentsAutomotive Manufacturers, Battery Manufacturers
Business modelMaterial manufacturing, IP Licensing, Research and Development
SuppliersLithium sulfide (Li2S) suppliers, NMC cathode material suppliers, Silicon-based anode material suppliers, Battery manufacturing equipment providers
CustomersElectric vehicle manufacturers, Tier 1 battery cell producers
Listed2021
Employees236.0
CEOJohn Van Scoter
FilingsSEC EDGAR

Questions, answered.

What is Solid Power's market cap?
Solid Power (SLDP) has a market capitalization of $481.5M and trades on NASDAQ.
What is Solid Power's revenue and profitability?
Solid Power generated $18.8M in trailing twelve-month revenue with a net loss of $91.3M, representing a net margin of -485.5%, with free cash flow of -$75.4M. These figures are based on the Q1 2026 filing.
Who are Solid Power's competitors?
Solid Power's key competitors include QuantumScape, Enovix Corporation Common Stock, Solidion Technology, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Solid Power partner with?
Solid Power's notable partners include BMW Group, Samsung SDI, SK On, and others.
What subsidiaries does Solid Power have?
Solid Power's subsidiaries include Solid Power Operating, Inc..
Where is Solid Power headquartered?
Solid Power is headquartered in United States of America and employs approximately 236 people. It has been publicly traded since 2021.