Growth Metrics

Stardust Power (SDST) Retained Earnings (2020 - 2025)

Stardust Power posted quarterly Retained Earnings of -$68.3 million for Q4 2025, down 29.88% year-on-year from -$97.5 million in Q4 2024, and down 5.81% on a QoQ basis from -$64.6 million in Q3 2025.

Stardust Power (SDST) has 6 years of Retained Earnings data on file, last reported at -$68.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Retained Earnings fell 29.88% year-over-year to -$68.3 million; the trailing twelve-month figure through Dec 2025 stood at -$68.3 million (down 29.88% YoY), and the FY2025 full-year result was -$68.3 million, down 29.88% from the prior year.
  • Retained Earnings for Q4 2025 stood at -$68.3 million, down from -$64.6 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $2.7 million in Q2 2021 and bottomed at -$68.3 million in Q4 2025.
  • The 5-year median for Retained Earnings is -$22.6 million (2024), against an average of -$28.9 million.
  • The widest annual swing landed in 2021, when Retained Earnings sank 502480.0%; it then soared 74.25% in 2023.
  • A 5-year view of Retained Earnings shows it stood at -$25.1 million in 2021, then surged by 41.36% to -$14.7 million in 2022, then jumped by 74.25% to -$3.8 million in 2023, then sank by 1287.05% to -$52.6 million in 2024, then decreased by 29.88% to -$68.3 million in 2025.
  • The last three Retained Earnings figures came in at -$68.3 million (Q4 2025), -$64.6 million (Q3 2025), and -$60.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn -76.20 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -3.92 Bn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn -28.00 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn -
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 1.18 Bn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -28.13 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 4.49 Bn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 2.74 Bn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 3.44 Mn
10 Stardust Power 27.64 Mn 24.16 Mn - -68.34 Mn

Historic Data

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DateValue
Dec 31, 2025 -68.34 Mn
Sep 30, 2025 -64.59 Mn
Jun 30, 2025 -60.13 Mn
Mar 31, 2025 -56.43 Mn
Dec 31, 2024 -52.62 Mn
Sep 30, 2024 -43.05 Mn
Jun 30, 2024 -23.80 Mn
Mar 31, 2024 -21.41 Mn
Dec 31, 2023 -3.79 Mn
Sep 30, 2023 -14.31 Mn
Jun 30, 2023 -13.99 Mn
Mar 31, 2023 -14.85 Mn
Dec 31, 2022 -14.74 Mn
Sep 30, 2022 -14.95 Mn
Jun 30, 2022 -15.61 Mn
Mar 31, 2022 -18.45 Mn
Dec 31, 2021 -25.13 Mn
Sep 30, 2021 -25.66 Mn
Jun 30, 2021 2.66 Mn
Mar 31, 2021 -29.83 Mn
Dec 31, 2020 -5,000.00