Solid Power Inc. | Small-cap | Consumer Cyclical
$5.86
-2.82%
| Solid Power Stock Comparison:
Solid Power vs O'Reilly AutomotiveSolid Power vs AutoZoneSolid Power vs Adient plcSolid Power vs Microvast HoldingsSolid Power vs GenthermSolid Power vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 6.0M
Gross Profit 3.3M 55.19%
Operating Income -24.0M -399.42%
Net Income -15.2M -251.85%
EPS (Diluted) $-0.08

Balance Sheet Metrics

Total Assets 419.4M
Total Liabilities 22.3M
Shareholders Equity 397.1M
Debt to Equity 0.06

Cash Flow Metrics

Operating Cash Flow -14.6M
Free Cash Flow -29.1M

Revenue & Profitability Trend

Solid Power Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 20.1M 17.4M 11.8M 2.7M 2.1M
Cost of Goods Sold i 20.3M 27.7M 9.6M 3.1M 1.7M
Gross Profit i -145.0K -10.3M 2.2M -361.0K 433.0K
Gross Margin % i -0.7% -59.3% 18.6% -13.3% 20.6%
Operating Expenses
Research & Development i 73.3M 54.7M 38.6M 17.1M 9.6M
Selling, General & Administrative i 31.8M 25.6M 22.7M 9.1M 2.4M
Other Operating Expenses i - - - - -
Total Operating Expenses i 105.2M 80.3M 61.3M 26.2M 12.0M
Operating Income i -105.3M -90.6M -59.1M -26.5M -11.6M
Operating Margin % i -523.0% -520.5% -501.5% -978.8% -551.3%
Non-Operating Items
Interest Income i 17.7M 20.3M 8.5M 56.0K 28.0K
Interest Expense i 46.0K 84.0K 42.0K 394.0K 361.0K
Other Non-Operating Income -7.5M 4.9M 40.9M 45.0M -2.3M
Pre-tax Income i -95.2M -65.5M -9.8M 18.1M -14.3M
Income Tax i 1.2M 0 -227.0K -25.0K 118.0K
Effective Tax Rate % i 0.0% 0.0% 0.0% -0.1% 0.0%
Net Income i -96.5M -65.5M -9.6M 18.1M -14.4M
Net Margin % i -479.3% -376.5% -81.1% 667.1% -683.5%
Key Metrics
EBITDA i -73.3M -57.6M -44.7M -27.7M -9.9M
EPS (Basic) i $-0.54 $-0.37 $-0.05 $0.13 $-0.09
EPS (Diluted) i $-0.54 $-0.37 $-0.05 $0.11 $-0.09
Basic Shares Outstanding i 179397332 178006919 174374386 167557988 167557988
Diluted Shares Outstanding i 179397332 178006919 174374386 167557988 167557988

Income Statement Trend

Solid Power Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 25.4M 34.5M 50.1M 513.4M 5.0M
Short-term Investments i 92.8M 141.5M 273.0M 75.9M 0
Accounts Receivable i - - - - -
Inventory i - - - - -
Other Current Assets 5.6M 5.5M 2.9M 4.2M 227.0K
Total Current Assets i 125.2M 183.1M 327.8M 594.4M 5.5M
Non-Current Assets
Property, Plant & Equipment i 62.7M 54.2M 33.5M 10.5M 7.5M
Goodwill i 2.1M 1.6M 1.1M 619.0K 248.0K
Intangible Assets i 2.1M 1.6M 1.1M 619.0K 248.0K
Long-term Investments - - - - -
Other Non-Current Assets 721.0K 1.1M 1.1M 602.0K -
Total Non-Current Assets i 323.0M 349.7M 266.6M 23.3M 8.7M
Total Assets i 448.2M 532.8M 594.4M 617.7M 14.2M
Liabilities
Current Liabilities
Accounts Payable i 8.1M 6.5M 11.3M 4.3M 202.0K
Short-term Debt i 1.1M 1.0M 829.0K 120.0K 1.2M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 20.0M 15.9M 20.7M 8.4M 1.8M
Non-Current Liabilities
Long-term Debt i 8.3M 8.5M 9.2M 10.0K 5.1M
Deferred Tax Liabilities i - - 0 226.0K 252.0K
Other Non-Current Liabilities 942.0K 803.0K - 393.0K 321.0K
Total Non-Current Liabilities i 18.0M 13.6M 18.3M 50.6M 8.5M
Total Liabilities i 37.9M 29.5M 39.1M 59.0M 10.3M
Equity
Common Stock i 18.0K 18.0K 18.0K 17.0K 7.0K
Retained Earnings i -181.2M -84.6M -19.1M -9.5M -27.6M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 410.3M 503.3M 555.4M 558.7M 3.9M
Key Metrics
Total Debt i 9.4M 9.6M 10.1M 130.0K 6.3M
Working Capital i 105.3M 167.2M 307.1M 586.0M 3.6M

Balance Sheet Composition

Solid Power Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i -96.5M -65.5M -9.6M 18.1M -14.4M
Depreciation & Amortization i 17.4M 12.7M 5.9M 2.4M 2.1M
Stock-Based Compensation i 12.0M 10.4M 8.7M 2.7M 182.0K
Working Capital Changes i 3.0M -1.7M 1.0M 762.0K -606.0K
Operating Cash Flow i -64.1M -43.9M 5.8M 24.2M -12.0M
Investing Activities
Capital Expenditures i -15.9M -34.5M -58.3M -12.6M -1.0M
Acquisitions i -656.0K - - - -
Investment Purchases i -216.2M -327.6M -561.6M -75.9M 0
Investment Sales i 303.0M 405.2M 190.4M 0 0
Investing Cash Flow i 64.6M 43.1M -429.5M -88.5M -1.0M
Financing Activities
Share Repurchases i -9.1M - 0 -6.0M 0
Dividends Paid i - - - - -
Debt Issuance i - - 0 5.8M 6.0M
Debt Repayment i -427.0K -369.0K -263.0K -3.6M -676.0K
Financing Cash Flow i -9.7M -54.0K -454.0K 622.7M 5.4M
Free Cash Flow i -80.3M -93.3M -92.6M -38.4M -11.1M
Net Change in Cash i -9.2M -940.0K -424.1M 558.3M -7.7M

Cash Flow Trend

Solid Power Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -11.56
Forward P/E -12.86
Price to Book 3.07
Price to Sales 50.39
PEG Ratio -1.50

Profitability Ratios

Profit Margin -0.72%
Operating Margin -343.12%
Return on Equity -22.61%
Return on Assets -14.39%

Financial Health

Current Ratio 19.33
Debt to Equity 2.37
Beta 1.78

Per Share Data

EPS (TTM) $-0.52
Book Value per Share $2.05
Revenue per Share $0.13

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
sldp 1.1B -11.56 3.07 -22.61% -0.72% 2.37
O'Reilly Automotive 86.7B 36.51 -69.85 -174.09% 14.16% -6.75
AutoZone 68.1B 28.17 -16.97 0.00% 13.19% -3.09
Adient plc 2.0B 86.55 1.11 -5.80% -1.53% 122.55
Microvast Holdings 1.5B -7.41 4.08 -27.17% -26.82% 113.24
Gentherm 1.1B 34.12 1.50 4.72% 2.18% 38.61

Financial data is updated regularly. All figures are in the company's reporting currency.