Solid Power (NASDAQ:SLDP) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• Solid Power reported a quarterly loss of $0.11 per share, beating analyst estimates of a $0.12 loss by $0.01.
• Commissioning is underway on the MOBIUS manufacturing line, which is expected to add 45 metric tons of annual electrolyte capacity and bring total capacity to 75 metric tons.
• The company lowered its 2026 cash investment outlook to $75 million–$85 million and ended the quarter with $397.6 million in liquidity and no debt. However, the added MOBIUS capacity is not yet covered by supply agreements, and customer requalification is expected to begin in 2027.

Solid Power (NASDAQ:SLDP - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.11) earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $0.01, Zacks reports. Solid Power had a negative return on equity of 19.69% and a negative net margin of 485.47%.

Here are the key takeaways from Solid Power's conference call:

• MOBIUS commissioning is underway, with materials introduced into the continuous manufacturing line in October and full commissioning still expected by year-end. The line is designed to add 45 metric tons of annual capacity, increasing total electrolyte capacity to 75 metric tons.
• Solid Power reduced its 2026 cash investment outlook to $75 million-$85 million from $85 million-$100 million, citing supplier renegotiations, production-cost reductions, and disciplined spending. The company ended the quarter with $397.6 million in liquidity and no debt.
• The company is pursuing a potential 500-metric-ton-per-year electrolyte facility and joint venture in South Korea, with advanced discussions ongoing with two potential partners. Management is targeting a deal by year-end but cautioned that negotiations could extend into 2027.
• Near-term volume growth remains dependent on customers completing cell development and requalification. None of MOBIUS’ incremental capacity is currently secured under a supply agreement, and customer requalification is expected to begin after commissioning and demonstrated nameplate performance in 2027.
• Solid Power is exploring humanoid robotics, drones, and defense applications, where management expects shorter qualification cycles than in automotive. However, these opportunities remain in an early “first or second inning” and are currently focused more on education and collaboration than near-term material revenue.

Solid Power Stock Up 3.0%

NASDAQ SLDP traded up $0.06 on Tuesday, hitting $2.03. 2,745,583 shares of the stock were exchanged, compared to its average volume of 4,808,806. Solid Power has a fifty-two week low of $1.91 and a fifty-two week high of $8.86. The company has a market cap of $463.21 million, a PE ratio of -4.51 and a beta of 1.99. The company has a 50-day moving average price of $2.29 and a 200-day moving average price of $2.94.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Solid Power in a report on Thursday, October 15th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $6.92.

About Solid Power

Solid Power, Inc is a battery technology company that develops all-solid-state rechargeable batteries and the materials used to manufacture them. Its technology is designed to replace conventional liquid or gel electrolytes with solid electrolytes, with the goal of improving battery safety, energy density and performance for electric vehicles and other applications.

The company's core products and development activities include sulfide-based solid electrolyte materials, solid-state battery cells and related manufacturing processes.

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