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

Stardust Power (SDSTW) reported Retained Earnings of -$68.3 million for Q4 2025, down 29.88% on a YoY basis from -$97.5 million in Q4 2024, and down 5.81% quarter-over-quarter from -$64.6 million in Q3 2025.

Stardust Power (SDSTW) Retained Earnings (2020 - 2025) Analysis & Trends

Stardust Power has reported Retained Earnings for 6 years, with the latest figure 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.
  • The five-year high for Retained Earnings was $2.7 million in Q2 2021, with the low at -$68.3 million in Q4 2025.
  • Historically, Retained Earnings has averaged -$28.9 million across 5 years, with a median of -$22.6 million in 2024.
  • Annual changes were most pronounced in 2021 — Retained Earnings tumbled 502480.0% — and 2023, when it soared 74.25%.
  • Stardust Power's Retained Earnings stood at -$25.1 million in 2021, then jumped by 41.36% to -$14.7 million in 2022, then soared by 74.25% to -$3.8 million in 2023, then slumped by 1287.05% to -$52.6 million in 2024, then retreated 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 Novonix 472.68 Bn 472.63 Bn - -352.40 Mn
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn -76.20 Mn
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn -3.92 Bn
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn -28.00 Mn
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn -
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 1.18 Bn
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn -28.13 Mn
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn -2.15 Bn
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 4.49 Bn
10 Stardust Power - - - -68.34 Mn

Historic Data

Download Data
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