Stardust Power (SDST) Net Income (2021 - 2025)

Stardust Power (SDST) posted Net Income of -$3.5 million for Q4 2025, up 9.5% on a QoQ basis from -$3.8 million in Q3 2025, and up 46.63% year-over-year from -$2.4 million in Q4 2024.

Stardust Power (SDST) Net Income (2021 - 2025) Analysis & Trends

Stardust Power's Net Income history runs 5 years deep, the most recent figure standing at -$3.5 million for Q4 2025.

  • Quarterly Net Income rose 46.63% year-over-year to -$3.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$16.3 million (up 11.06% YoY) and the FY2025 annual result came in at -$25.1 million, changed 0.06% from the prior year.
  • Net Income was -$3.5 million for Q4 2025 at Stardust Power, up from -$3.8 million in the prior quarter.
  • Across five years, Net Income topped out at $2.4 million in Q4 2022 and bottomed at -$9.0 million in Q3 2024.
  • A 5-year average of -$1.9 million and a median of -$1.3 million in 2023 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2022 — Net Income surged 1064.26% — and 2024, when it tumbled 766.36%.
  • Stardust Power's Net Income stood at -$249000.0 in 2021, then jumped by 1064.26% to $2.4 million in 2022, then plunged by 193.29% to -$2.2 million in 2023, then tumbled by 190.48% to -$6.5 million in 2024, then jumped by 46.63% to -$3.5 million in 2025.
  • Business Quant data shows SDST's Net Income at -$3.5 million in Q4 2025, -$3.8 million in Q3 2025, and -$3.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 1.96 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 73.66 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 183.00 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 2.00 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn -500,000.00
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn -55.00 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 77.30 Mn
10 Stardust Power 12.41 Mn 12.41 Mn - -3.47 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -3.47 Mn
Sep 30, 2025 -3.84 Mn
Jun 30, 2025 -3.09 Mn
Mar 31, 2025 -5.88 Mn
Dec 31, 2024 -6.51 Mn
Sep 30, 2024 -8.99 Mn
Jun 30, 2024 -1.05 Mn
Mar 31, 2024 -1.76 Mn
Dec 31, 2023 -2.24 Mn
Sep 30, 2023 -1.54 Mn
Jun 30, 2023 158,000.00
Mar 31, 2023 2.00 Mn
Dec 31, 2022 2.40 Mn
Sep 30, 2022 256,000.00
Jun 30, 2022 125,000.00
Mar 31, 2022 -966,000.00
Dec 31, 2021 -249,000.00
Sep 30, 2021 -984,000.00
Jun 30, 2021 -2.12 Mn
Mar 31, 2021 -1.02 Mn