Solid Power, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $21.7M | $20.1M | $17.4M | $11.8M | $2.7M |
| Selling, general & administrative | $29.4M | $31.8M | — | — | — |
| Research and development | $72.5M | $73.3M | $54.7M | $38.6M | $17.1M |
| Operating expenses | $122.6M | $125.5M | $108.0M | $70.9M | $29.3M |
| Operating income | -$100.8M | -$105.3M | -$90.6M | -$59.1M | -$26.5M |
| Interest expense | $25,000 | $46,000 | $84,000 | $42,000 | $394,000 |
| Pretax income | -$93.5M | -$95.2M | -$65.5M | -$9.8M | $18.1M |
| Income tax expense | -$8,000 | $1.2M | $2,000 | -$227,000 | -$25,000 |
| Net income | -$93.4M | -$96.5M | -$65.5M | -$9.6M | $18.1M |
| Balance Sheet | |||||
| Cash and equivalents | $21.6M | $25.4M | $34.5M | $50.1M | $513.4M |
| Current assets | $267.4M | $125.2M | $183.1M | $327.8M | $594.4M |
| Total assets | $455.1M | $448.2M | $532.8M | $594.4M | $617.7M |
| Current liabilities | $16.8M | $20.0M | $15.9M | $20.7M | $8.4M |
| Total liabilities | $38.9M | $37.9M | $29.5M | $39.1M | $59.0M |
| Stockholders' equity | $415.7M | $410.3M | $503.3M | $555.4M | $558.7M |
| Cash Flow Statement | |||||
| Cash from operations | -$73.4M | -$63.9M | -$58.3M | -$33.8M | -$25.4M |
| Depreciation and amortization | $18.4M | $16.5M | $12.0M | $5.2M | $2.4M |
| Stock-based compensation | $9.0M | $12.0M | $10.4M | $8.7M | $2.7M |
| Capital expenditure | $10.2M | $15.9M | $34.5M | $58.3M | $12.6M |
| Free cash flow | -$83.6M | -$79.8M | -$92.8M | -$92.1M | -$38.1M |
| Share repurchases | $3.6M | $9.1M | — | — | — |
| Impairments | $748,000 | — | — | — | — |
Shares outstanding 225.0M · Free float 74.7%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.