Stardust Power SDST
NASDAQ SDST
$0.16 -0.01 (-5.95%)
At close: Sep 9, 2026 · 4:00 PM EDT

Stardust Power (SDST) Operating Expenses (2021 - 2026)

Stardust Power's (SDST) quarterly Operating Expenses came in at $4.3 million in Q2 2026, up 28.92% on a YoY basis from $3.3 million in Q2 2025, and up 16.13% quarter-over-quarter from $3.7 million in Q4 2025.

Analysis

Stardust Power (SDST) Operating Expenses (2021 - 2026) Analysis & Trends

Stardust Power (SDST) has reported Operating Expenses for 6 consecutive years, with $4.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 28.92% year-over-year to $4.3 million; the trailing twelve-month figure through Jun 2026 stood at $15.3 million (down 40.04% YoY), and the FY2025 full-year result was $17.4 million, down 8.63% from the prior year.
  • Operating Expenses grew to $4.3 million in Q2 2026 per SDST's latest filing, from $3.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.4 million in Q3 2024 and bottomed at $266000.0 in Q1 2022.
  • Historically, Operating Expenses has averaged $2.9 million across 5 years, with a median of $2.0 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses tumbled 78.3% in 2022, then jumped 766.27% in 2023.
  • Over 5 years, Operating Expenses stood at $328000.0 in 2022, then surged by 766.27% to $2.8 million in 2023, then surged by 141.09% to $6.9 million in 2024, then sank by 45.91% to $3.7 million in 2025, then rose by 16.13% to $4.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $4.3 million, $3.7 million, and $4.0 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Chemical & Mining Co Of Chile 21.57 Bn 17.22 Bn 1.26 Bn -52.40 Mn
2 Albemarle 14.91 Bn 13.28 Bn 590.30 Mn -
3 Lithium Americas 1.19 Bn -93.18 Mn - 15.14 Mn
4 Sigma Lithium 1.18 Bn 1.16 Bn 32.81 Mn -25.24 Mn
5 Lithium Argentina AG 1.10 Bn 941.56 Mn 110.99 Mn -6.65 Mn
6 Solid Power 552.51 Mn 552.51 Mn -1.85 Mn 30.02 Mn
7 Standard Lithium 488.07 Mn 350.82 Mn - 3.05 Mn
8 American Battery Technology 355.35 Mn 316.07 Mn 737,749.00 35.14 Mn
9 Atlas Lithium 96.89 Mn 60.40 Mn - 11.83 Mn
10 Stardust Power 1.75 Mn 1.75 Mn - 4.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.30 Mn
Dec 31, 2025 3.71 Mn
Sep 30, 2025 4.00 Mn
Jun 30, 2025 3.34 Mn
Mar 31, 2025 6.04 Mn
Dec 31, 2024 6.85 Mn
Sep 30, 2024 9.36 Mn
Jun 30, 2024 1.47 Mn
Mar 31, 2024 1.35 Mn
Dec 31, 2023 2.84 Mn
Sep 30, 2023 1.98 Mn
Jun 30, 2023 388,000.00
Mar 31, 2023 1.15 Mn
Dec 31, 2022 328,000.00
Sep 30, 2022 1.44 Mn
Jun 30, 2022 479,000.00
Mar 31, 2022 266,000.00
Dec 31, 2021 256,000.00
Sep 30, 2021 1.07 Mn
Jun 30, 2021 2.21 Mn