Solid Power Inc. ( (SLDP) ) has released its Q3 earnings. Here is a breakdown of the information Solid Power Inc. presented to its investors.
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Solid Power Inc. is a company focused on developing solid-state battery technology, primarily serving the electric vehicle (EV) market and other applications. The company distinguishes itself by selling its electrolyte material to cell manufacturers and licensing its cell designs and manufacturing processes.
In the third quarter of 2025, Solid Power announced significant progress in its business operations, including a Joint Evaluation Agreement with Samsung SDI and BMW to advance all-solid-state battery development. The company also conducted site acceptance testing for its SK On pilot cell line and continued preparations for its continuous electrolyte production pilot line.
Financially, Solid Power reported $4.6 million in revenue and grant income for the third quarter, contributing to a year-to-date total of $18.1 million. The company maintained a strong liquidity position with $300.4 million as of September 30, 2025, and raised $32.9 million through stock sales. Despite a net loss of $66.4 million year-to-date, the company managed to reduce operating expenses from the previous quarter.
Looking ahead, Solid Power remains focused on driving innovation in electrolyte technology, fulfilling partner commitments, and maintaining financial discipline. The company has adjusted its cash investment expectations for 2025 to between $85 million and $95 million, reflecting its commitment to innovation and operational efficiency.