Solid Power (SLDP) Cost of Revenue (2021 - 2026)
Solid Power's Cost of Revenue was $2.12 million in Q2 2026, down 75.0% from $8.46 million a year earlier and down 40.3% from the prior quarter.
Solid Power (SLDP) Cost of Revenue (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Solid Power's Cost of Revenue was $15.16 million through Jun 30, 2026, down 30.2% year-over-year; for FY2025, it was $20.65 million, up 1.8% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 65.4% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $20.28 million in FY2024 (-26.9%), $27.73 million in FY2023 (+189.1%), $9.59 million in FY2022 (+212.1%) and $3.07 million in FY2021 (+84.0%).
- The Q2 2026 figure marks the lowest quarterly Cost of Revenue since Q4 2022.
- Compared with a year earlier, Cost of Revenue was higher in three of the last eight quarters, with an average decline of 8.0%.
- The best year-over-year quarter for Cost of Revenue over five years was Q4 2023 (growth of 615.5%); the worst was Q2 2026 (a decline of 75.0%).
- Per Business Quant data, SLDP's Cost of Revenue in the three quarters before Q2 2026 was $3.55 million (Q1 2026), $5.86 million (Q4 2025) and $3.63 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 164.02 Bn | 133.06 Bn | - | - |
| 2 | Southern Copper | 154.30 Bn | 133.16 Bn | 2.90 Bn | 1.39 Bn |
| 3 | Rio Tinto | 135.37 Bn | 95.87 Bn | - | - |
| 4 | Newmont | 113.13 Bn | 78.45 Bn | 4.22 Bn | 2.14 Bn |
| 5 | Freeport-Mcmoran | 93.66 Bn | 89.81 Bn | 2.19 Bn | 4.84 Bn |
| 6 | Agnico Eagle Mines | 86.95 Bn | 76.58 Bn | 2.43 Bn | 953.76 Mn |
| 7 | Barrick Mining | 63.88 Bn | 48.62 Bn | 2.90 Bn | 2.40 Bn |
| 8 | Nucor | 58.56 Bn | 49.10 Bn | 2.03 Bn | 8.36 Bn |
| 9 | ArcelorMittal | 45.28 Bn | 26.31 Bn | - | - |
| 10 | Solid Power | 449.89 Mn | -549.95 Mn | -1.85 Mn | 2.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.12 Mn |
| Mar 31, 2026 | 3.55 Mn |
| Dec 31, 2025 | 5.86 Mn |
| Sep 30, 2025 | 3.63 Mn |
| Jun 30, 2025 | 8.46 Mn |
| Mar 31, 2025 | 2.70 Mn |
| Dec 31, 2024 | 3.58 Mn |
| Sep 30, 2024 | 6.97 Mn |
| Jun 30, 2024 | 5.44 Mn |
| Mar 31, 2024 | 4.29 Mn |
| Dec 31, 2023 | 7.38 Mn |
| Sep 30, 2023 | 7.18 Mn |
| Jun 30, 2023 | 6.90 Mn |
| Mar 31, 2023 | 6.27 Mn |
| Dec 31, 2022 | 1.03 Mn |
| Sep 30, 2022 | 3.54 Mn |
| Jun 30, 2022 | 2.99 Mn |
| Mar 31, 2022 | 2.03 Mn |
| Dec 31, 2021 | 1.31 Mn |
| Sep 30, 2021 | 709,000.00 |
Solid Power Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SLDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();