Solid Power, Inc.
SLDPAnalytical Summary
Solid Power, Inc. faces fundamental challenges. The fundamentals warrant careful consideration of downside risks.
7-Year Financial Trajectory
AnnualBullish Indicators
- No bullish signals detected.
Bearish Risks
- Operating Margin (%)Operating Margin (%) is in the bottom quartile
- Profit Margin (%)Profit Margin (%) is in the bottom quartile
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ |
|---|---|---|---|---|---|---|---|
| Revenue Growth YoY (%) |
8.0%
Fair
↓
Fair
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+166%)
|
15.7%
Good
↓
Good
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+422%)
|
47.7%
Excellent
↓
Excellent
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+1489%)
|
334.7%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+11057%)
|
29.0%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+865%)
|
— | — |
| EPS Growth YoY (%) |
5.6%
Fair
↑
Fair
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
-45.9%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
-640.0%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
N/M | N/M | — | — |
| Net Income Growth YoY (%) |
3.2%
Caution
↑
Caution
Improving
Year-over-year change in net income |
-47.2%
Weak
Weak
Year-over-year change in net income |
-586.0%
Weak
Weak
Year-over-year change in net income |
N/M | N/M | — | — |
| FCF Growth YoY (%) N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Revenue CAGR 3Y (%) |
22.6%
Excellent
↓
Excellent
Declining
Compound annual revenue growth over 3 years |
95.1%
Excellent
Excellent
Compound annual revenue growth over 3 years |
102.3%
Excellent
Excellent
Compound annual revenue growth over 3 years |
— | — | — | — |
| Revenue CAGR 5Y (%) |
59.6%
Excellent
Excellent
Compound annual revenue growth over 5 years |
— | — | — | — | — | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ |
|---|---|---|---|---|---|---|---|
| Operating Margin (%) (%) |
-463.7%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-2418%)
|
— | — | — | — | — | — |
| Effective Tax Rate (%) (%) | — | — |
-0.0%
Excellent
↓
Excellent
Declining
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
2.3%
Excellent
↑
Excellent
Improving
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.1%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.8%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— |
| Profit Margin (%) (%) |
-429.5%
Weak
↓
Weak
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-3679%)
|
-479.3%
Weak
↓
Weak
Declining
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-4094%)
|
-376.5%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-3238%)
|
-81.1%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-775%)
|
— | — | — |
| FCF Margin (%) (%) N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF / Net Income (x) N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ |
|---|---|---|---|---|---|---|---|
| Return on Invested Capital (%) |
-19.2%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-20.3%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-18.0%
Weak
↑
Weak
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-10.4%
Weak
↑
Weak
Improving
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-4.8%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-177.2%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— |
| Return on Capital (%) (%) |
-22.2%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-23.5%
Weak
↓
Weak
Declining
Operating profit relative to total assets
Optimal:
> 10%
|
-17.0%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-9.9%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-4.3%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
-81.6%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
— |
| Return on Common Equity (%) (%) |
-22.5%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-325%)
|
-23.5%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-335%)
|
-13.0%
Weak
↓
Weak
Declining
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-230%)
|
-1.7%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-117%)
|
3.2%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-68%)
|
— | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ |
|---|---|---|---|---|---|---|---|
| Debt to Equity (x) | — | — | — |
0.00x
Excellent
↓
Excellent
Declining
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-100%)
|
0.00x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-100%)
|
0.70x
Fair
Fair
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-46%)
|
— |
| Interest Coverage (x) |
-3878.15x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-2289.85x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-1078.81x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-1407.60x
Weak
↓
Weak
Declining
Operating income divided by interest expense
Optimal:
> 5x
|
-67.38x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
-32.11x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
— |
| Net Debt (USD) | $-21.61M | $-25.41M | $-34.54M | $-50.12M | $-513.32M | $-2.25M | — |
| Debt / EBITDA (x) | — | — | — |
-0.00x
Excellent
↑
Excellent
Improving
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-0.01x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-0.29x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ |
|---|---|---|---|---|---|---|---|
| Working Capital (USD) | $250.63M | $105.27M | $167.24M | $307.07M | $586.01M | $3.63M | — |
| LT Debt (USD) | — | — | — | $7.00K | $130.00K | $2.72M | — |
| Total Equity (USD) | $415.70M | $410.28M | $503.33M | $555.37M | $558.66M | $3.87M | $-16.20M |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ | FY 2020 Dec 31, 2020 10-K ↗ | FY 2019 Dec 31, 2019 10-K ↗ |
|---|---|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $21.75M | $20.14M | $17.41M | $11.79M | $2.71M | $2.10M | — |
| Depreciation Expense (USD) | $18.42M | $16.46M | $11.96M | $5.18M | $2.36M | $2.07M | — |
| Net Income, GAAP (USD) | $-93.41M | $-96.52M | $-65.55M | $-9.55M | $18.09M | $-14.38M | — |
| Operating Cash Flow (USD) | $-73.39M | $-63.90M | $-58.26M | $-33.82M | $-25.44M | $-9.99M | — |
Secondary lens
Benchmark Lens
Compare SLDP against peers after checking the statement evidence.
Open lens
Benchmark Lens
Compare SLDP against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for SLDP
No bullish signals detected
Operating Margin (%) is in the bottom quartile
Profit Margin (%) is in the bottom quartile
Percentile Rankings
How SLDP compares to all companies
Peer Comparison
SLDP vs similar peers
Compare SLDP with peers
Stack SLDP against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 1 week ago 7 years · 23 quarters