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Solid Power Q1 FY26 net loss narrows to $13 million; revenue drops to $2.1 million

PUBT · 2d ago

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Solid Power Q1 FY26 net loss narrows to $13 million; revenue drops to $2.1 million

Solid Power posted a net loss of USD 13 million, or USD 0.06 per share, narrowing from USD 15.15 million, or USD 0.08 per share, a year earlier.
Revenue and grant income fell to USD 3.1 million from USD 6.02 million, while operating loss widened to USD 26.35 million from USD 24.03 million.
Total liquidity rose to USD 435.27 million at March 31, 2026, up from USD 336.45 million at Dec. 31, 2025, supported by USD 121.35 million of net proceeds from a registered direct offering.
Completed site acceptance testing for SK On pilot cell line; began facilities construction for continuous sulfide electrolyte pilot line with commissioning on track for end of 2026.
CEO John Van Scoter said cell production lines using Solid Power technology are now on three continents, with deployments in Colorado plus partner sites in Germany and Republic of Korea.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solid Power Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260505214730) on May 05, 2026, and is solely responsible for the information contained therein.

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