Stardust Power (SDST) Free Cash Flow (2021 - 2025)

Stardust Power (SDST) posted Free Cash Flow of -$1.7 million for Q4 2025, up 16.1% on a QoQ basis from -$2.1 million in Q3 2025, and down 42.76% year-over-year from -$3.0 million in Q4 2024.

Stardust Power (SDST) Free Cash Flow (2021 - 2025) Analysis & Trends

Stardust Power's Free Cash Flow history runs 5 years deep, the most recent figure standing at -$1.7 million for Q4 2025.

  • Quarterly Free Cash Flow fell 42.76% year-over-year to -$1.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$8.3 million (up 14.99% YoY) and the FY2025 annual result came in at -$8.3 million, up 14.94% from the prior year.
  • Free Cash Flow was -$1.7 million for Q4 2025 at Stardust Power, up from -$2.1 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$127000.0 in Q4 2021 and bottomed at -$300.5 million in Q1 2021.
  • A 5-year average of -$16.3 million and a median of -$1.1 million in 2023 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2022 — Free Cash Flow soared 99.9% — and 2023, when it plunged 480.64%.
  • Stardust Power's Free Cash Flow stood at -$127000.0 in 2021, then tumbled by 318.11% to -$531000.0 in 2022, then plunged by 480.64% to -$3.1 million in 2023, then surged by 60.77% to -$1.2 million in 2024, then slumped by 42.76% to -$1.7 million in 2025.
  • Business Quant data shows SDST's Free Cash Flow at -$1.7 million in Q4 2025, -$2.1 million in Q3 2025, and -$1.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -7.54 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 654.20 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 47.61 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 46.00 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 53.80 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn -42.20 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 273.60 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 49.34 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 131.16 Mn
10 Stardust Power 12.41 Mn 12.41 Mn - -1.73 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -1.73 Mn
Dec 31, 2025 -1.73 Mn
Sep 30, 2025 -2.06 Mn
Sep 30, 2025 -2.06 Mn
Jun 30, 2025 -1.62 Mn
Jun 30, 2025 -1.62 Mn
Mar 31, 2025 -2.88 Mn
Mar 31, 2025 -2.88 Mn
Dec 31, 2024 -1.21 Mn
Dec 31, 2024 -1.21 Mn
Sep 30, 2024 -6.41 Mn
Sep 30, 2024 -6.41 Mn
Jun 30, 2024 -1.17 Mn
Jun 30, 2024 -1.17 Mn
Mar 31, 2024 -937,811.00
Mar 31, 2024 -937,811.00
Dec 31, 2023 -3.08 Mn
Dec 31, 2023 -3.08 Mn
Sep 30, 2023 -1.58 Mn
Sep 30, 2023 -1.58 Mn