Follow Solid Power to never miss an important update.
Solid Power lost about 11 cents per share last quarter, which was slightly better than the 12-cent loss analysts expected. While the company is not yet generating meaningful revenue from selling products, it reached a key milestone in its agreement with SK On and is in talks for a potential joint venture in South Korea to produce electrolyte, the material that allows electricity to flow through a battery.
The most important update for long-term owners is that the company's pilot manufacturing line remains on schedule for an operational startup in the fourth quarter of 2026. This line is the critical test for whether Solid Power can produce its electrolyte at high volumes. If successful, it would clear the path for larger commercial contracts with its partners, including BMW and Samsung SDI.
Source: 8-K filing
The company has beat earnings estimates for seven straight quarters, suggesting management is disciplined about its spending and conservative with its forecasts.
| Expectation | |
|---|---|
| EPS | $-0.11 |
| Revenue | $1M |
Follow Solid Power to get the latest and most important updates.
Follow SLDP