Solid Power, Inc. (SLDP) Form 10-Q — Nov 4, 2026
Solid Power reported Q3 2026 revenue of just $0.2 million, down 93% year-over-year, with nine-month revenue of $1.3 million versus $15.3 million a year ago as prior-year SK On milestone revenue did not repeat. Q3 net loss was $24.4 million ($0.11 per share) and the nine-month operating loss widened 16% to $86.5 million. Management expects revenue recognition to continue declining through the rest of 2026 as focus shifts to commissioning the MOBIUS electrolyte pilot line.
Key figures
- Revenue
- 243000
- Revenue Yoy
- -93% (Q3 2026 vs Q3 2025); -91% nine months ($1.331M vs $15.342M)
- Total Assets
- 505424000
- Cash Position
- 23278000
- Shares Outstanding
- 228276970
- Doe grant up to
- $50M
- Total liquidity
- $397.6M (cash $23.3M + AFS securities $374.3M)
- Nine month net loss
- $61.203M vs $66.355M
- Atm remaining capacity
- $58.8M of $150M
- Moebius capacity increase
- +150% from 30 to ~75 metric tons annually
- Common warrants outstanding
- 45614036
- Q3 revenue and grant income
- $1.224M vs $4.560M (-73%)
- Dilutive securities outstanding
- 85827971
- Operating cash burn nine months
- $44.0M vs $55.0M prior year
- Registered direct offering net proceeds
- $121.3M (Jan 2026, 17.0M shares at $5.70)
AI analysis
Red flags7 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.