Solid Power, Inc. (SLDP) reported third-quarter revenue of $243,000, down from $3.732 million a year earlier, while grant income was $981,000 versus $828,000. Net loss attributable to common stockholders narrowed to $24.353 million from $25.867 million, but operating loss widened to $29.840 million from $24.422 million. For the first nine months, revenue was $1.331 million versus $15.342 million and net loss was $61.203 million versus $66.355 million. Nine-month results included a $13.463 million gain from changes in warrant-liability fair value.
Operating cash use was $43.967 million for the nine months, compared with $55.002 million a year earlier. At September 30, 2026, cash and cash equivalents were $23.278 million and marketable securities were $211.996 million. The company received $121.345 million net from its January registered direct offering and said it would use the proceeds for working capital and general corporate purposes. Construction of its MOBIUS™ continuous electrolyte production pilot line was nearly complete; DOE funding of up to $50 million supports equipment for continuous production of sulfide-based solid electrolyte material.
Solid Power, Inc. (SLDP) reported third-quarter 2026 revenue and grant income of $1.224 million, including $243,000 of revenue and $981,000 of grant income, versus $4.560 million a year earlier. Operating expenses were $31.064 million, and operating loss was $29.840 million, compared with $28.982 million and $24.422 million, respectively, in third-quarter 2025. Net loss was $24.353 million, or $0.11 per share, versus $25.867 million, or $0.14 per share.
Liquidity was $397.6 million as of September 30, 2026, and Solid Power reported no debt. Cash investments were $21.5 million in the quarter and $56.6 million year to date. Management reduced its 2026 cash-investment guidance to $75 million–$85 million from $85 million–$100 million. Net cash used in operating activities for the first nine months was $43.967 million, versus $55.002 million a year earlier. The company said commissioning of its MOBIUS™ continuous electrolyte production line is underway and that it had advanced discussions regarding a potential joint venture in the Republic of Korea.
Solid Power, Inc. (SLDP) reports that President & CEO John C. Van Scoter had 154,512 shares of common stock withheld on September 30, 2026, to satisfy his tax obligation upon vesting of restricted stock units. The transaction lists a price of $2.27 per share; his direct holdings afterward were 4,563,127 shares.
Solid Power, Inc. CFO, Treasurer, & Secretary Linda C. Heller reported that 72,310 shares of common stock were withheld on September 30, 2026, to satisfy her tax obligation upon vesting of restricted stock units. The reported price was $2.27 per share, and her directly held balance following the transaction was 1,876,534 shares.
Solid Power, Inc. Chief Technology Officer Joshua Buettner-Garrett had 33,824 shares of common stock withheld on September 30, 2026, to satisfy his tax obligation upon vesting of restricted stock units. The reported price was $2.27 per share, and his directly held common stock position following the transaction was 1,332,194 shares. No Rule 10b5-1 plan is reported.
Solid Power, Inc. (SLDP) released an updated investor presentation outlining its strategy as a developer of sulfide-based solid electrolytes for next-generation all-solid-state batteries, supplying materials to OEMs and battery manufacturers rather than competing as a cell maker.
The company highlights a capital-light, partner-driven model with global collaborators including BMW, SK On, and Samsung SDI, supported by $419 in liquidity, a debt-free balance sheet, and a $582 market capitalization as of June 30, 2026. Pilot electrolyte capacity is 30 MT per year across two lines, with expectations to reach 75 MT annual capacity and announce a Korea-based joint venture for commercial-scale electrolyte production by year-end 2026. Longer term, Solid Power describes a roadmap toward a 2,000-plus-MT commercial electrolyte plant (equating to about 4 GWh of battery production) and an illustrative pathway to 20,000 MT supporting roughly 40 GWh, with cost per kilogram expected to decline as volume scales. Management also notes planned 2026 cash investment of $85–$100 million, Department of Energy grant support, and approximately 235 employees, emphasizing disciplined spending and external funding to advance commercialization.
CVI Investments, Inc. and Heights Capital Management, Inc. jointly report beneficial ownership of 25,218,311 shares of Solid Power, Inc. common stock through warrants. This position represents 9.9% of the company’s common stock as of June 30, 2026.
The warrants are subject to a 9.99% beneficial ownership limitation, preventing exercise to the extent it would cause a reporting person and its affiliates to exceed that threshold. The percentage is based on 227,217,240 shares outstanding as reported in Solid Power’s Form 10-Q. Heights Capital Management acts as investment manager to CVI and may share voting and dispositive power, while both parties disclaim beneficial ownership except for their pecuniary interest.
Solid Power, Inc., a development-stage solid-state battery company, reported second-quarter 2026 revenue and grant income of a net $(0.3) million, down from $7.5 million a year earlier, mainly because of milestone timing and a $1.2 million reversal of previously recognized non-government revenue under its SK On R&D license.
Operating expenses fell to $30.0 million from $33.4 million, driven by lower direct project costs, while research and development and selling, general and administrative spending were broadly stable to higher. The net loss narrowed to $23.8 million (loss per share $0.11) from $25.3 million (loss per share $0.14), helped by higher interest income and an $2.3 million gain from remeasuring warrant liabilities.
For the first half of 2026, net loss was $36.8 million versus $40.5 million a year earlier. Liquidity strengthened, with cash, cash equivalents, and available-for-sale securities totaling $419.3 million at June 30, 2026, up from $336.5 million, largely due to a January registered direct offering that raised $121.3 million net. The company remains debt-free and is investing heavily in a continuous electrolyte production pilot line, with related construction-in-progress of $11.0 million.
Solid Power, Inc. reported second-quarter 2026 results, highlighting progress on its solid-state battery roadmap and partnerships. The company improved electrolyte performance under its joint evaluation agreement with Samsung SDI and BMW, advanced joint venture discussions for commercial-scale electrolyte production in the Republic of Korea, and kept installation of its continuous manufacturing pilot line on schedule, targeting equipment acceptance testing in the third quarter and plant validation and startup in the fourth quarter of 2026. It completed Stage 1 of ISO 9001 certification, received a milestone payment under the Line Installation Agreement with SK On, and remains on track to deliver 2026 cash investments within prior guidance of $85 to $100 million.
Financially, total revenue and grant income were ($0.3) million in the quarter, reflecting a $1.2 million reversal of previously recognized revenue due to updated milestone assumptions. Operating expenses were $30.0 million, leading to an operating loss of $30.3 million and a net loss of $23.8 million, or $0.11 per share. Liquidity remained strong, with total liquidity of $419.3 million as of June 30, 2026, including cash and cash equivalents and available-for-sale securities, and the company reported no debt. Second-quarter capital expenditures were $6.3 million, primarily for construction of the continuous electrolyte production pilot line.
BlackRock, Inc. filed an amended Schedule 13G reporting a significant ownership position in Solid Power Inc. Class A Stock. BlackRock reports beneficial ownership of 16,851,924 shares, representing 7.5% of the outstanding Class A shares.
BlackRock reports sole voting power over 16,499,483 shares and sole dispositive power over 16,851,924 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends or sale proceeds, but no single such person holds more than five percent of Solid Power’s outstanding common shares.