Solid Power (SLDP) Operating Expenses (2021 - 2026)
Solid Power (SLDP) posted quarterly Operating Expenses of $29.4 million for Q1 2026, down 2.08% year-over-year from $30.0 million in Q1 2025, and down 2.4% quarter-over-quarter from $30.1 million in Q4 2025.
Solid Power (SLDP) Operating Expenses (2021 - 2026) Analysis & Trends
Solid Power (SLDP) has reported Operating Expenses for 6 consecutive years, with $29.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 2.08% year-over-year to $29.4 million; the TTM figure through Mar 2026 stood at $122.0 million (down 1.48% YoY), while the FY2025 annual figure was $122.6 million, down 2.31% from the prior year.
- Operating Expenses slipped to $29.4 million in Q1 2026 per SLDP's latest filing, from $30.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $33.4 million in Q2 2025 and bottomed at $13.5 million in Q1 2022.
- Historically, Operating Expenses has averaged $26.8 million across 5 years, with a median of $29.0 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 183.01% — and 2025, when it dropped 10.11%.
- Solid Power's Operating Expenses stood at $21.7 million in 2022, then advanced by 28.88% to $28.0 million in 2023, then advanced by 5.38% to $29.5 million in 2024, then increased by 2.23% to $30.1 million in 2025, then fell by 2.4% to $29.4 million in 2026.
- Business Quant data shows SLDP's Operating Expenses at $29.4 million in Q1 2026, $30.1 million in Q4 2025, and $29.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.79 Bn | 73.53 Bn | 2.52 Bn | 1.53 Bn |
| 2 | Autozone | 48.79 Bn | 48.54 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 19.95 Bn | 18.52 Bn | 1.61 Bn | 980.00 Mn |
| 4 | Genuine Parts | 18.46 Bn | 17.90 Bn | 2.47 Bn | 2.13 Bn |
| 5 | Borgwarner | 13.70 Bn | 11.25 Bn | 721.00 Mn | 352.00 Mn |
| 6 | Allison Transmission Holdings | 11.01 Bn | 10.61 Bn | 515.00 Mn | 224.00 Mn |
| 7 | Modine Manufacturing | 10.33 Bn | 10.26 Bn | - | - |
| 8 | Aptiv | 10.32 Bn | 9.56 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Autoliv | 9.30 Bn | 8.92 Bn | 509.00 Mn | 260.00 Mn |
| 10 | Solid Power | 540.08 Mn | 540.08 Mn | -1.85 Mn | 30.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.02 Mn |
| Mar 31, 2026 | 29.42 Mn |
| Dec 31, 2025 | 30.14 Mn |
| Sep 30, 2025 | 28.98 Mn |
| Jun 30, 2025 | 33.41 Mn |
| Mar 31, 2025 | 30.05 Mn |
| Dec 31, 2024 | 29.48 Mn |
| Sep 30, 2024 | 32.24 Mn |
| Jun 30, 2024 | 32.01 Mn |
| Mar 31, 2024 | 31.73 Mn |
| Dec 31, 2023 | 27.98 Mn |
| Sep 30, 2023 | 27.86 Mn |
| Jun 30, 2023 | 27.08 Mn |
| Mar 31, 2023 | 25.11 Mn |
| Dec 31, 2022 | 21.71 Mn |
| Sep 30, 2022 | 18.41 Mn |
| Jun 30, 2022 | 17.28 Mn |
| Mar 31, 2022 | 13.51 Mn |
| Dec 31, 2021 | 8.77 Mn |
| Sep 30, 2021 | 9.11 Mn |