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

Stardust Power (SDSTW) reported Net Income of -$3.5 million for Q4 2025, up 46.61% on a YoY basis from -$2.4 million in Q4 2024, and up 9.25% quarter-over-quarter from -$3.8 million in Q3 2025.

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

Stardust Power has reported Net Income for 5 years, with the latest figure at -$3.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Net Income rose 46.61% year-over-year to -$3.5 million; the trailing twelve-month figure through Dec 2025 stood at -$16.3 million (up 7.23% YoY), and the FY2025 full-year result was -$16.3 million, up 9.74% from the prior year.
  • Net Income for Q4 2025 stood at -$3.5 million, up from -$3.8 million in the prior quarter.
  • The five-year high for Net Income was $2.8 million in Q1 2023, with the low at -$9.0 million in Q3 2024.
  • Historically, Net Income has averaged -$1.7 million across 5 years, with a median of -$973827.5 in 2021.
  • Annual changes were most pronounced in 2023 — Net Income soared 1789.16% — and 2024, when it tumbled 2267.47%.
  • Stardust Power's Net Income stood at -$249000.0 in 2021, then surged by 1064.26% to $2.4 million in 2022, then sank by 191.78% to -$2.2 million in 2023, then sank by 195.97% to -$6.5 million in 2024, then jumped by 46.61% to -$3.5 million in 2025.
  • The last three Net Income figures came in at -$3.5 million (Q4 2025), -$3.8 million (Q3 2025), and -$3.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - -
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn 73.70 Mn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 2.00 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 183.00 Mn
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn -500,000.00
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn 45.89 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn -17.53 Mn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 96.80 Mn
10 Stardust Power - - - -3.48 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -3.48 Mn
Sep 30, 2025 -3.84 Mn
Jun 30, 2025 -3.09 Mn
Mar 31, 2025 -5.85 Mn
Dec 31, 2024 -6.52 Mn
Sep 30, 2024 -8.99 Mn
Jun 30, 2024 -1.05 Mn
Mar 31, 2024 -963,655.00
Dec 31, 2023 -2.20 Mn
Sep 30, 2023 -379,566.00
Jun 30, 2023 158,000.00
Mar 31, 2023 2.80 Mn
Dec 31, 2022 2.40 Mn
Sep 30, 2022 256,000.00
Jun 30, 2022 125,000.00
Mar 31, 2022 -166,000.00
Dec 31, 2021 -249,000.00
Sep 30, 2021 -984,000.00
Jun 30, 2021 -2.12 Mn
Mar 31, 2021 -174,000.00