Brief: Solid Power Q2 EPS USD -0.14

Solid Power

06/08/2025 21:05

Overview

Solid Power Q2 revenue of $6.5 mln

Company reports Q2 net loss of $25.3 mln, driven by increased operating expenses

Solid Power maintains strong liquidity position with $279.8 mln as of June 30

Outlook

Solid Power aims to drive electrolyte innovation through customer feedback

Company plans to start installing pilot continuous electrolyte manufacturing line

Solid Power to increase electrolyte sampling using innovation center

Company maintains financial discipline while investing in technology development

Result Drivers

FACTORY ACCEPTANCE TESTING - Revenue driven by completion of factory acceptance testing milestone for SK On pilot cell line

ELECTROLYTE DEMAND - Continued demand for multiple generations of electrolyte from existing and new customers

COST MANAGEMENT - Company remained fiscally disciplined, identifying opportunities to reduce operating costs while driving innovation

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$6.48 mln
$6.45 mln (2 Analysts)
Q2 EPS
-$0.14
Q2 Net Income
-$25.34 mln
Q2 Operating Income
-$25.87 mln
Q2 Pretax Profit
-$26.01 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Solid Power Inc is $2.00, about 81% below its August 5 closing price of $3.62

Press Release: ID:nBw9Bjybwa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)