Growth Metrics

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

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

Stardust Power (SDST) has 5 years of Free Cash Flow data on file, last reported at -$1.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow fell 42.76% year-over-year to -$1.7 million; the trailing twelve-month figure through Dec 2025 stood at -$8.3 million (up 14.99% YoY), and the FY2025 full-year result was -$8.3 million, up 14.94% from the prior year.
  • Free Cash Flow for Q4 2025 stood at -$1.7 million, 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.
  • The 5-year median for Free Cash Flow is -$1.1 million (2023), against an average of -$16.3 million.
  • The widest annual swing landed in 2022, when Free Cash Flow soared 99.9%; it then tumbled 480.64% in 2023.
  • A 5-year view of Free Cash Flow shows it stood at -$127000.0 in 2021, then plunged by 318.11% to -$531000.0 in 2022, then sank by 480.64% to -$3.1 million in 2023, then jumped by 60.77% to -$1.2 million in 2024, then tumbled by 42.76% to -$1.7 million in 2025.
  • The last three Free Cash Flow figures came in at -$1.7 million (Q4 2025), -$2.1 million (Q3 2025), and -$1.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 765.40 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 47.43 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 49.10 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 46.00 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -42.20 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 49.34 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 73.30 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 131.16 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -176.11 Mn
10 Stardust Power 27.64 Mn 24.16 Mn - -1.73 Mn

Historic Data

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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
Jun 30, 2023 -502,000.00
Jun 30, 2023 -502,000.00
Mar 31, 2023 -1.02 Mn
Mar 31, 2023 -1.02 Mn
Dec 31, 2022 -531,000.00
Dec 31, 2022 -531,000.00
Sep 30, 2022 -542,000.00
Sep 30, 2022 -542,000.00
Jun 30, 2022 -139,000.00
Jun 30, 2022 -139,000.00
Mar 31, 2022 -314,000.00
Mar 31, 2022 -314,000.00
Dec 31, 2021 -127,000.00
Dec 31, 2021 -127,000.00
Sep 30, 2021 -292,000.00
Sep 30, 2021 -292,000.00
Jun 30, 2021 -147,000.00
Jun 30, 2021 -147,000.00
Mar 31, 2021 -300.48 Mn
Mar 31, 2021 -300.48 Mn