Stardust Power (SDST) Operating Income (2021 - 2025)
Stardust Power (SDST) posted Operating Income of -$3.5 million for Q4 2025, up 9.23% on a QoQ basis from -$3.8 million in Q3 2025, and up 46.49% year-over-year from -$2.4 million in Q4 2024.
Stardust Power (SDST) Operating Income (2021 - 2025) Analysis & Trends
Stardust Power's Operating Income history runs 5 years deep, the most recent figure standing at -$3.5 million for Q4 2025.
- Quarterly Operating Income rose 46.49% year-over-year to -$3.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$16.1 million (up 10.51% YoY) and the FY2025 annual result came in at -$16.1 million, up 10.51% from the prior year.
- Operating Income was -$3.5 million for Q4 2025 at Stardust Power, up from -$3.8 million in the prior quarter.
- Across five years, Operating Income topped out at $1.9 million in Q1 2023 and bottomed at -$9.0 million in Q3 2024.
- A 5-year average of -$2.1 million and a median of -$1.3 million in 2024 frame the typical range for Operating Income.
- Peak annual rise in Operating Income reached 1085.86% in 2023, while the deepest fall reached 957.59% in 2023.
- Stardust Power's Operating Income stood at -$256000.0 in 2021, then rose by 1.17% to -$253000.0 in 2022, then sank by 957.59% to -$2.7 million in 2023, then slumped by 142.53% to -$6.5 million in 2024, then jumped by 46.49% to -$3.5 million in 2025.
- Business Quant data shows SDST's Operating Income at -$3.5 million in Q4 2025, -$3.8 million in Q3 2025, and -$3.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 2.18 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 440.10 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 72.19 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 263.80 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 195.70 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 68.30 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 193.30 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 57.58 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 123.70 Mn |
| 10 | Stardust Power | 12.41 Mn | 12.41 Mn | - | -3.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -3.47 Mn |
| Sep 30, 2025 | -3.83 Mn |
| Jun 30, 2025 | -3.04 Mn |
| Mar 31, 2025 | -5.75 Mn |
| Dec 31, 2024 | -6.49 Mn |
| Sep 30, 2024 | -8.98 Mn |
| Jun 30, 2024 | -1.27 Mn |
| Mar 31, 2024 | -1.24 Mn |
| Dec 31, 2023 | -2.68 Mn |
| Sep 30, 2023 | -1.90 Mn |
| Jun 30, 2023 | -313,000.00 |
| Mar 31, 2023 | 1.88 Mn |
| Dec 31, 2022 | -253,000.00 |
| Sep 30, 2022 | -1.21 Mn |
| Jun 30, 2022 | -329,000.00 |
| Mar 31, 2022 | -191,000.00 |
| Dec 31, 2021 | -256,000.00 |
| Sep 30, 2021 | -992,000.00 |
| Jun 30, 2021 | -2.13 Mn |
| Mar 31, 2021 | -219,000.00 |