SOLID POWER, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $21.7M | $20.1M | $17.4M | $11.8M | $2.7M | $2.1M |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | $72.5M | $73.3M | $54.7M | $38.6M | $17.1M | $9.6M |
| SG&A Expense | — | $29.4M | $31.8M | $25.6M | $22.7M | $5.7M | $1.2M |
| Operating Income | — | $-100.8M | $-105.3M | $-90.6M | $-59.1M | $-26.5M | $-11.6M |
| Operating Margin | — | -463.7% | -523.0% | -520.5% | -501.5% | -978.8% | -551.3% |
| Interest Expense | — | — | — | $84.0K | $42.0K | $394.0K | $361.0K |
| Pretax Income | — | $-93.5M | $-95.2M | $-65.5M | $-9.8M | $18.1M | $-14.3M |
| Income Tax Expense | — | $-8.0K | $1.2M | $2.0K | $-227.0K | $-25.0K | $118.0K |
| Net Income | — | $-93.4M | $-96.5M | $-65.5M | $-9.6M | $18.1M | $-14.4M |
| Net Margin | — | -429.5% | -479.3% | -376.5% | -81.1% | 667.1% | -683.5% |
| EPS (Basic) | — | $-0.51 | $-0.54 | $-0.37 | $-0.05 | $0.13 | $-0.21 |
| EPS (Diluted) | — | $-0.51 | $-0.54 | $-0.37 | $-0.05 | $0.11 | $-0.21 |
| Shares Outstanding (Basic) | 220.6M | 184.9M | 179.4M | 178.0M | 174.4M | 95.5M | 69.2M |
| Shares Outstanding (Diluted) | 220.6M | 184.9M | 179.4M | 178.0M | 174.4M | 95.5M | 69.2M |
| Dividends Per Share | — | — | — | — | — | — | — |