Solid-state battery company developing sulfide-based electrolyte technology and battery cells for electric vehicle applications.MoreShow less
Profile & Fundamentals
Solid Power (SLDP.NASDAQ) Profile & Fundamentals
Review Solid Power reported earnings, valuation, balance sheet and ownership, with source tables and separate AI assessments.
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Company and Market Context
Solid Power: Company Profile & Ownership
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. The company was founded in 2011 and is headquartered in Louisville, Colorado.
Company profile record
Solid Power Inc
Common Stock · Industrials · Industrial Machinery & Supplies & Components
Company
- Company / asset
- Solid Power Inc
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Industrial Machinery & Supplies & Components
- HQ
- 🇺🇸 United States
- Head office
- 486 South Pierce Avenue, Louisville, CO, United States, 80027
Leadership & scale
- Chief executive
- Mr. John C. Van Scoter
- CEO year born
- 1962
- Full-time employees
- 230
- Fiscal year end
- December
- IPO date
- 2021-05-18
Fundamentals snapshot
- Market Cap
- USD 431.3M
- P/E
- --
- Revenue (Q3 26)
- USD 1.2M
- Profit (Q3 26)
- USD -24.1M
- Dividend Yield
- --
- Revenue (FY 25)
- USD 21.7M
- Shares in public float
- 209M
- Insider ownership
- 9.46%
Reporting & identifiers
- Symbol
- SLDP.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US83422N1054
- Asset ID
- equity_e8f957d7-9738-5810-ac59-6af4850c95c6
Solid Power: Ownership
Shares Outstanding
Latest: 228.2M | Max: 228.2M | Min: 69.9M
Latest reported ownership snapshot
Float Shares
91.59%
209.0M latest reported shares
Insider Ownership
9.46%
Latest reported insider stake
Short Float
0.14%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2020-01-01 | 69,885,100 |
| 2021-01-01 | 114,910,100 |
| 2022-01-01 | 176,007,200 |
| 2023-01-01 | 178,006,900 |
| 2024-01-01 | 179,872,400 |
| 2025-01-01 | 184,902,700 |
| 2026-01-01 | 228,196,800 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 17,122,172 | 7.5% | 2026-06-30 |
| Vanguard Capital Management, LLC | 8,434,156 | 3.69% | 2026-06-30 |
| Vanguard MStar Total Stk Mkt Idx Invest | 6,038,583 | 2.65% | 2026-09-30 |
| State Street Corp | 5,787,916 | 2.54% | 2026-06-30 |
| iShares Russell 2000 ETF | 5,338,356 | 2.34% | 2026-10-30 |
| Geode Capital Management, LLC | 5,159,452 | 2.26% | 2026-06-30 |
| Riverstone Holdings LLC | 4,651,964 | 2.04% | 2026-06-30 |
| D. E. Shaw & Co LP | 2,992,009 | 1.31% | 2026-06-30 |
| Amvescap Plc. | 2,871,345 | 1.26% | 2026-06-30 |
| Citadel Advisors Llc | 2,611,214 | 1.14% | 2026-06-30 |
| WisdomTree Battery Solutions ETF USD Acc | 2,603,670 | 1.14% | 2026-10-30 |
| Vanguard Portfolio Management, LLC | 2,291,213 | 1% | 2026-06-30 |
| Fidelity Small Cap Index | 2,289,373 | 1% | 2026-08-31 |
| Invesco WilderHill Clean Energy ETF | 1,969,432 | 0.86% | 2026-10-30 |
| Bank of America Corp | 1,946,803 | 0.85% | 2026-06-30 |
Solid Power: Earnings, Profitability & Valuation
Latest Financials Filed On
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Solid Power is still an early-stage research company rather than a profitable business. Recent revenue numbers fell to around ten million dollars over the trailing twelve months, including a brief negative quarter caused by technical accounting adjustments under a partner contract. Operating losses remain steady near ninety million dollars annually as development continues. These headline results are normal for a company inventing new battery technology. Money currently comes from research grants and carmaker collaboration fees rather than commercial sales. The true financial turning point will happen only when the company begins shipping battery materials in volume at agreed commercial prices.
Solid Power is still an early-stage research company rather than a profitable business. Recent revenue numbers fell to around ten million dollars over the trailing twelve months, including a brief negative quarter caused by technical accounting adjustments under a partner contract. Operating losses remain steady near ninety million dollars annually as development continues. These headline results are normal for a company inventing new battery technology. Money currently comes from research grants and carmaker collaboration fees rather than commercial sales. The true financial turning point will happen only when the company begins shipping battery materials in volume at agreed commercial prices.
Revenue, Net Income, and Free Cash Flow
Latest: USD 21.7M | Max: USD 21.7M | Min: USD -96.5M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 56x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Current profit margins look deeply negative because the business spends tens of millions on scientific research against minimal product revenue. Gross profit briefly turned positive in 2025 during an engineering project, but reported operating margins remain submerged past negative three hundred percent due to large fixed facility costs. These negative figures describe development overhead rather than long-term product profitability. Making specialized chemical powders typically yields healthy profit margins once automated production runs at scale. Meaningful profitability will emerge when factory utilization rises and carmakers pay software-like royalties alongside commercial powder shipments.
Current profit margins look deeply negative because the business spends tens of millions on scientific research against minimal product revenue. Gross profit briefly turned positive in 2025 during an engineering project, but reported operating margins remain submerged past negative three hundred percent due to large fixed facility costs. These negative figures describe development overhead rather than long-term product profitability. Making specialized chemical powders typically yields healthy profit margins once automated production runs at scale. Meaningful profitability will emerge when factory utilization rises and carmakers pay software-like royalties alongside commercial powder shipments.
Profitability Margins
Latest: 5.0% | Max: >100.0% | Min: <-100.0%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
5.0%
Gross profit / revenue
Operating Margin
-463.7%
Operating income / revenue
Net Margin
-429.5%
Net income / revenue
FCF Margin
-384.4%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2019-12-31 | 2,275,790 | -9,208,432 | -11,711,337 |
| 2020-12-31 | 2,103,000 | -14,375,000 | -11,055,000 |
| 2021-12-31 | 2,712,000 | 18,092,000 | -38,438,000 |
| 2022-12-31 | 11,789,000 | -9,555,000 | -92,618,000 |
| 2023-12-31 | 17,410,000 | -65,549,000 | -93,329,000 |
| 2024-12-31 | 20,139,000 | -96,520,000 | -80,279,000 |
| 2025-12-31 | 21,747,000 | -93,410,000 | -83,602,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2021-12-31 | 55.5 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
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| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2019-12-31 | 19.96 | -406.31 | -404.63 | -514.61 |
| 2020-12-31 | 20.59 | -551.26 | -683.55 | -525.68 |
| 2021-12-31 | -13.31 | -978.83 | 667.11 | -1,417.33 |
| 2022-12-31 | 18.64 | -501.48 | -81.05 | -785.63 |
| 2023-12-31 | -59.28 | -520.51 | -376.5 | -536.07 |
| 2024-12-31 | -0.72 | -523.03 | -479.27 | -398.62 |
| 2025-12-31 | 5.05 | -463.66 | -429.53 | -384.43 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Snapshot retrieved 2026-11-10.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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