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Solid Power Reports Third Quarter 2026 Results

Business Wire•03/11/2026•16:05 ET
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Key Highlights

  • ➤2026 revenue and grant income $1.2 million, versus $4.6 million year-earlier
  • ➤Net loss $24.4 million, or $0.11 per share, in third quarter
  • ➤MOBIUS commissioning underway; line will add 45 metric tons annually
  • ➤2026 cash investment guidance reduced to $75 million-$85 million
  • ➤Total liquidity $397.6 million at September 30; company has no debt

Expert Statements

John Van Scoter, President and Chief Executive Officer of Solid Power

“The third quarter was marked by continued progress advancing our electrolyte technology and expanding our strategic relationships. We were excited to recently announce that commissioning of MOBIUS™, our next-generation continuous electrolyte production line, is underway”

John Van Scoter, President and Chief Executive Officer of Solid Power

“We also advanced discussions regarding a potential joint venture in the Republic of Korea as we plan to establish commercial-scale electrolyte manufacturing capabilities.”

John Van Scoter, President and Chief Executive Officer of Solid Power

“While EVs will continue to be our north star as we scale up, we are also actively pursuing new markets for our technology. Our existing relationships with Tier 1 companies are helping create opportunities to expand into non-EV applications, including humanoid robotics, drones and defense.”

Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its operational and financial results for the third quarter of 2026.

* Introduced materials into our MOBIUS™ continuous electrolyte production line, with full commissioning expected by year-end 2026.

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