# Solid Power, Inc. (SLDP)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $569M  
**Price:** $2.83 (+2.17%)

> Solid Power, Inc. is a leading developer of all-solid-state rechargeable battery technology, primarily targeting the electric vehicle market. The company replaces the flammable liquid electrolytes in conventional lithium-ion batteries with proprietary sulfide-based solid electrolytes, enabling batteries that offer enhanced safety, greater stability at high temperatures, higher energy density, and potential for lower costs, all while utilizing established lithium-ion manufacturing processes. Solid Power, Inc. sells its sulfide-based solid electrolyte materials and licenses solid-state cell designs and manufacturing processes to partners pursuing solid-state solutions. It maintains strategic collaborations with automotive leaders such as BMW, Ford, Samsung SDI, and SK On to advance all-solid-state battery development and validation. These efforts focus on delivering batteries with superior lifespan, ultra-fast charging capabilities, and improved performance metrics like extended range and reduced pack size. Founded in 2011 and headquartered in Louisville, Colorado, Solid Power, Inc. plays a pivotal role in pioneering next-generation energy storage for sustainable mobility and beyond.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $18M | — | -$101M | -$93M | — |
| 2024 | $20M | — | -$105M | -$97M | — |
| 2023 | $17M | — | -$91M | -$66M | — |
| 2022 | $12M | — | -$59M | -$10M | — |
| 2021 | $3M | — | -$27M | $18M | — |
| 2020 | $2M | — | -$12M | -$14M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $455M | $39M | $416M | $22M | — |
| 2024 | $448M | $38M | $410M | $25M | — |
| 2023 | $533M | $29M | $503M | $35M | — |
| 2022 | $594M | $39M | $555M | $50M | $7,000 |
| 2021 | $618M | $59M | $559M | $513M | $130,000 |
| 2020 | $14M | $10M | $4M | $5M | $3M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$73M | $10M | -$84M |
| 2024 | -$64M | $16M | -$80M |
| 2023 | -$58M | $35M | -$93M |
| 2022 | -$34M | $58M | -$92M |
| 2021 | -$25M | $13M | -$38M |
| 2020 | -$10M | $1M | -$11M |

Source: [CompaniesByCap](https://companiesbycap.com/company/SLDP)