Solid Power (SLDP) Research & Development (2021 - 2026)
Solid Power (SLDP) recorded Research & Development of $19.36 million in Q2 2026, up 5.6% from $18.34 million a year earlier and up 9.1% from the prior quarter.
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Analysis
Solid Power (SLDP) Research & Development (2021 - 2026) Analysis & Trends
On a TTM basis, Solid Power's Research & Development came in at $72.26 million as of Jun 30, 2026, down 1.4% year-over-year; for FY2025, it was $72.51 million, down 1.1% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 49.9% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $73.34 million in FY2024 (+34.0%), $54.75 million in FY2023 (+41.9%), $38.59 million in FY2022 (+125.7%) and $17.1 million in FY2021 (+78.3%).
- The Q2 2026 figure is the highest quarterly Research & Development in data going back to Q1 2021.
- On a year-over-year basis, Research & Development rose in five of the last eight quarters, with growth averaging 5.8%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 163.5% in Q2 2022, against a decline of 9.4% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $17.75 million (Q1 2026), $16.87 million (Q4 2025) and $18.28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 161.11 Bn | 139.90 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 140.67 Bn | 101.17 Bn | - | - |
| 4 | Newmont | 123.16 Bn | 91.16 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 97.65 Bn | 81.70 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 92.83 Bn | 82.47 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 68.85 Bn | 44.05 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 60.21 Bn | 49.59 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.07 Bn | 27.09 Bn | - | - |
| 10 | Solid Power | 474.55 Mn | -525.29 Mn | -1.85 Mn | 19.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.36 Mn |
| Mar 31, 2026 | 17.75 Mn |
| Dec 31, 2025 | 16.87 Mn |
| Sep 30, 2025 | 18.28 Mn |
| Jun 30, 2025 | 18.34 Mn |
| Mar 31, 2025 | 19.02 Mn |
| Dec 31, 2024 | 18.62 Mn |
| Sep 30, 2024 | 17.32 Mn |
| Jun 30, 2024 | 18.53 Mn |
| Mar 31, 2024 | 18.87 Mn |
| Dec 31, 2023 | 14.36 Mn |
| Sep 30, 2023 | 14.24 Mn |
| Jun 30, 2023 | 14.51 Mn |
| Mar 31, 2023 | 11.65 Mn |
| Dec 31, 2022 | 13.78 Mn |
| Sep 30, 2022 | 9.71 Mn |
| Jun 30, 2022 | 8.44 Mn |
| Mar 31, 2022 | 6.66 Mn |
| Dec 31, 2021 | 6.39 Mn |
| Sep 30, 2021 | 4.40 Mn |
API Access
Solid Power Research & Development 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=research-and-development&ticker=SLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=SLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();