May 6, 2026

Solid Power reports revenue drop, lower net loss

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LOUISVILLE — Solid Power Inc. (Nasdaq: SLDP), a Louisville-based developer of all-solid-state battery technology, reported first-quarter revenue and grant income of $3.1 million, down 49% from $6 million a year ago.

The company reported a net loss of $13 million, or 6 cents per share, down from $15.2 million in the same quarter a year ago. The per-share loss beat analysts’ expectation of a loss of 12 cents per share.

Solid Power completed a $130 million direct offering during the quarter, strengthening its cash and liquidity position to $435.27 million, up from $336.45 million at the end of 2025.

Solid Power’s stock rose 1.72% in after-hours trading, to $3.52.

Solid Power Inc. (Nasdaq: SLDP), a Louisville-based developer of all-solid-state battery technology, reported first-quarter revenue and grant income of $3.1 million, down 49% from $6 million a year ago.

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Clean Tech Earnings Louisville Today's News Solid Power Inc.

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