Solid Power reported revenue of $0.27M and net income of -$24.37M for the quarter ended Jun 2026, down 96.4% year over year. This income statement covers 23 quarters of results from Dec 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 52.46M | 95.48M | 173.77M | 174.45M | 175.74M | 176.01M | 177.69M | 178.33M | 178.33M | 179.01M | 178.35M | 178.64M | 179.63M | 180.36M | 182.45M | 180.71M | 190.21M | 201.18M | 224.52M | 227.22M | |||
| Revenue & cost | |||||||||||||||||||||||
| Revenue | 0.63M | 1.04M | 2.20M | 2.58M | 2.81M | 4.20M | 3.79M | 4.91M | 6.37M | 2.35M | 5.95M | 5.08M | 4.65M | 4.46M | 6.02M | 7.54M | 4.56M | 3.63M | 3.07M | 0.27M | |||
| Gross Profit | -0.08M | -0.27M | 0.17M | -0.41M | -0.73M | 3.17M | -2.48M | -1.99M | -0.82M | -5.03M | 1.66M | -0.36M | -2.32M | 0.88M | 3.32M | -0.92M | 0.93M | -2.23M | -0.47M | -1.85M | |||
| Operating items | |||||||||||||||||||||||
| Research & DevelopmentR&D | 4.40M | 6.39M | 6.66M | 8.44M | 9.71M | 13.78M | 11.65M | 14.51M | 14.24M | 14.36M | 18.87M | 18.53M | 17.32M | 18.62M | 19.02M | 18.34M | 18.28M | 16.87M | 17.75M | 19.36M | |||
| Selling, General & AdministrativeSG&A | 3.27M | -0.55M | 4.02M | 5.85M | 5.16M | 6.90M | 7.19M | 5.67M | 6.44M | 6.24M | 8.57M | 8.05M | 7.95M | 7.28M | 8.33M | 6.61M | 7.07M | 7.41M | 8.12M | 8.54M | |||
| Other Operating ExpensesOther Opex | 1.44M | 2.92M | 2.83M | 2.99M | 3.54M | 1.03M | 6.27M | 6.90M | 7.18M | 7.38M | 4.29M | 5.44M | 6.97M | 3.58M | 2.70M | 8.46M | 3.63M | 5.86M | 3.55M | 2.12M | |||
| Operating ExpensesOpex | 9.11M | 8.77M | 13.51M | 17.28M | 18.41M | 21.71M | 25.11M | 27.08M | 27.86M | 27.98M | 31.73M | 32.01M | 32.24M | 29.48M | 30.05M | 33.41M | 28.98M | 30.14M | 29.42M | 30.02M | |||
| Operating IncomeOp. Inc | -8.48M | -7.72M | -11.31M | -14.70M | -15.60M | -17.51M | -21.32M | -22.17M | -21.50M | -25.63M | -25.78M | -26.94M | -27.59M | -25.02M | -24.03M | -25.87M | -24.42M | -26.51M | -26.35M | -30.29M | |||
| EBIT | -8.48M | -7.72M | -11.31M | -14.70M | -15.60M | -17.51M | -21.32M | -22.17M | -21.50M | -25.63M | -25.78M | -26.94M | -27.59M | -25.02M | -24.03M | -25.87M | -24.42M | -26.51M | -26.35M | -30.29M | |||
| Non-operating items | |||||||||||||||||||||||
| Non Operating Interest Expenses | 0.03M | 0.02M | 0.01M | 0.01M | 0.01M | 0.02M | 0.01M | 0.01M | 0.01M | 0.04M | 0.04M | 0.05M | 0.01M | 2.94M | 0.01M | 0.01M | 0.01M | 0.66M | 0.20M | 0.01M | |||
| Interest & Investment IncomeInt & Inv Inc | 0.02M | 0.03M | 0.24M | 0.93M | 3.13M | 4.18M | 4.83M | 4.99M | 5.21M | 5.22M | 5.12M | 4.52M | 4.25M | 3.96M | 3.60M | 3.24M | 3.05M | 3.32M | 4.01M | 4.17M | |||
| Other Non Operating IncomeOther Non Op Inc. | -0.00M | -0.50M | 0.04M | 0.20M | 1.35M | -1.62M | -0.28M | -0.52M | -0.15M | -0.06M | 1.64M | 0.02M | -0.09M | ||||||||||
| Non Operating IncomeNon Op. Inc. | -0.02M | 50.74M | 0.94M | 28.40M | 3.12M | 16.88M | 2.16M | 9.97M | 6.36M | 6.59M | 4.57M | 5.17M | 5.55M | -5.16M | 8.95M | -0.14M | -0.48M | -0.98M | 13.47M | 6.32M | |||
| Net income details | |||||||||||||||||||||||
| EBT | -8.50M | 43.02M | -10.37M | 13.70M | -12.48M | -0.64M | -19.16M | -12.21M | -15.14M | -19.04M | -21.21M | -21.76M | -22.04M | -30.18M | -15.08M | -26.01M | -24.90M | -27.49M | -12.87M | -23.97M | |||
| Tax ProvisionsTaxes | -0.05M | 0.06M | -0.02M | 0.04M | -0.08M | -0.16M | 0.51M | 0.38M | 0.31M | 0.01M | 0.36M | -19.92M | 0.08M | -0.08M | |||||||||
| Profit After TaxPAT | -8.45M | 42.96M | -10.67M | 12.71M | -14.95M | 0.20M | -18.27M | -11.11M | -15.36M | -16.44M | -21.79M | -22.29M | -20.36M | -31.49M | -14.98M | -25.32M | -25.71M | -27.09M | -14.44M | -24.37M | |||
| Equity Income | -0.07M | 0.68M | -0.61M | 0.07M | -0.07M | 0.07M | |||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -8.45M | 42.96M | -10.34M | 13.67M | -12.40M | -0.48M | -19.16M | -12.21M | -15.14M | -19.04M | -21.21M | -22.27M | -22.42M | -30.49M | -15.08M | -26.01M | -25.26M | -7.58M | -12.96M | -23.89M | |||
| Consolidated Net IncomeConsol Net Inc. | -8.45M | 42.96M | -10.34M | 13.67M | -12.40M | -0.48M | -19.16M | -12.21M | -15.14M | -19.04M | -21.21M | -22.27M | -22.42M | -30.49M | -15.08M | -26.01M | -25.26M | -7.58M | -12.96M | -23.89M | |||
| Income towards Parent CompanyParent Net Inc | -8.45M | 42.96M | -10.34M | 13.67M | -12.40M | -0.48M | -19.16M | -12.21M | -15.14M | -19.04M | -21.21M | -22.27M | -22.42M | -30.49M | -15.08M | -26.01M | -25.26M | -7.58M | -12.96M | -23.89M | |||
| Net Income towards Common StockholdersNet Income | -8.45M | 37.52M | -10.34M | 13.67M | -12.40M | -0.48M | -19.16M | -12.21M | -15.14M | -19.04M | -21.21M | -22.27M | -22.42M | -30.62M | -15.15M | -25.34M | -25.87M | -27.05M | -13.03M | -23.82M | |||
| Additional items | |||||||||||||||||||||||
| EPS (Basic) | -0.24 | 0.39 | -0.06 | 0.08 | -0.07 | 0.00 | -0.11 | -0.07 | -0.08 | -0.11 | -0.12 | -0.13 | -0.13 | -0.17 | -0.08 | -0.14 | -0.14 | -0.15 | -0.06 | -0.11 | |||
| EPS (Diluted) | -0.08 | -0.14 | -0.14 | -0.15 | -0.06 | -0.11 | |||||||||||||||||
| Shares Outstanding | 35.00M | 95.48M | 172.40M | 174.13M | 175.03M | 174.37M | 176.93M | 178.06M | 178.39M | 178.01M | 180.78M | 177.59M | 179.16M | 179.40M | 181.40M | 180.34M | 182.35M | 184.90M | 217.30M | 225.97M | |||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 181.40M | 180.34M | 180.34M | 180.34M | 217.30M | 225.97M | |||||||||||||||||
| EBITDA | -8.48M | -7.72M | -11.31M | -14.70M | -15.60M | -17.51M | -21.32M | -22.17M | -21.50M | -25.63M | -25.78M | -26.94M | -27.59M | -25.02M | -24.03M | -25.87M | -24.42M | -26.51M | -26.35M | -30.29M | |||
| Interest ExpensesInt Expense | 0.03M | 0.02M | 0.01M | 0.01M | 0.01M | 0.02M | 0.01M | 0.01M | 0.01M | 0.04M | 0.04M | 0.05M | 0.01M | 2.94M | 0.01M | 0.01M | 0.01M | 0.66M | 0.20M | 0.01M | |||
| Tax Rate | 0.55 | 0.15 | 0.22 | 0.26 | 0.67 | 24.57 | -2.35 | -1.71 | -1.02 | -0.02 | -1.45 | 72.44 | -0.65 | 0.33 |