Solid Power Q2 FY26 net loss narrows to $23.8 million; revenue and grant income swings to loss of $0.3 million

Reuters2026/08/04 20:31

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Solid Power posts Q2 net loss of $23.8 million, or $0.11 per share, on revenue and grant income of -$0.3 million.
Operating loss widens to $30.3 million as operating expenses edge up to $30 million from $29.4 million in Q1.
Revenue turns negative after a $1.2 million cumulative catch-up reversal tied to revised assumptions on milestone payments.
Liquidity rises to $419.3 million at June 30; capital spending totals $6.3 million, mainly for the continuous electrolyte pilot line.
Samsung SDI and BMW electrolyte work improves performance; SK On Line Installation Agreement milestone payment received, talks continue on a Korea electrolyte-production JV.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solid Power Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608041605BIZWIRE_USPR_____20260804_BW848365) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Solid Power Q2 FY26 net loss narrows to $23.8 million; revenue and grant income swings to loss of $0.3 million

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