Earnings Releases·Nov 3, 2026, 4:50 PM ET

Solid Power — Third Quarter 2026 Earnings Summary

Reported Q3 2026 revenue and grant income of $1.2 million, a significant decline from $4.6 million in the prior year period, driven by $243,000 in revenue and $981,000 in DOE grant assistance.
Full-year 2026 cash investment guidance was reduced to $75–$85 million from the previous $85–$100 million range to reflect a focus on expense optimization and internal capability building.
Advanced strategic initiatives include ongoing discussions for a commercial-scale electrolyte joint venture in the Republic of Korea and the expected full commissioning of the MOBIUS™ production line by year-end 2026.
Maintained a debt-free balance sheet with $397.6 million in total liquidity as of September 30, 2026, while expanding total assets to $505.4 million and equity to $478.8 million.
Management confirmed progress on non-EV market expansion into drone, defense, and humanoid robotics applications, though the company continues to report operating losses with an expectation of future expenses.