Solid Power Past Earnings Performance
Past criteria checks 0/6
Solid Power's earnings have been declining at an average annual rate of -27.7%, while the Auto Components industry saw earnings growing at 14% annually. Revenues have been growing at an average rate of 75.8% per year.
Key information
-27.7%
Earnings growth rate
65.9%
EPS growth rate
| Auto Components Industry Growth | 10.5% |
| Revenue growth rate | 75.8% |
| Return on equity | -13.0% |
| Net Margin | -376.5% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
We Think Solid Power (NASDAQ:SLDP) Can Afford To Drive Business Growth
May 03
Solid Power: Balanced Risk-Reward, Staying On The Sidelines For Now
Apr 06Solid Power: A Long-Term Bet On Potential Industry Disruptor
Jan 27Broker Revenue Forecasts For Solid Power, Inc. (NASDAQ:SLDP) Are Surging Higher
Jan 23We Think Solid Power (NASDAQ:SLDP) Can Afford To Drive Business Growth
Oct 17We Think Solid Power (NASDAQ:SLDP) Can Afford To Drive Business Growth
Jun 29We Believe Solid Power's (NASDAQ:SLDP) Earnings Are A Poor Guide For Its Profitability
Nov 16Solid Power: Solid State Batteries And EVs - The Future Of Transport Calls
Oct 20Solid Power: A Cheaper QuantumScape Building Solid State Batteries For The Future
Aug 05Sizing Up Solid Power
Jul 05Solid Power: Innovative Battery Technology Driving The Industry Forward
Apr 20Solid Power: Sleeping Giant Of The Battery Industry
Feb 11Solid Power: Is It A Buy After A 40% Plunge? We Think It's Still Too Early
Jan 12Revenue & Expenses BreakdownBeta
How Solid Power makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 17 | -66 | 26 | 55 |
| 30 Sep 23 | 19 | -47 | 26 | 54 |
| 30 Jun 23 | 16 | -44 | 25 | 50 |
| 31 Mar 23 | 13 | -18 | 25 | 44 |
| 31 Dec 22 | 12 | -10 | 23 | 39 |
| 30 Sep 22 | 9 | 28 | 17 | 31 |
| 30 Jun 22 | 6 | 32 | 16 | 26 |
| 31 Mar 22 | 4 | 9 | 13 | 21 |
| 31 Dec 21 | 3 | 13 | 9 | 17 |
| 30 Sep 21 | 2 | -33 | 10 | 13 |
| 30 Jun 21 | 2 | -27 | 6 | 11 |
| 31 Mar 21 | 2 | -21 | 3 | 10 |
| 31 Dec 20 | 2 | -14 | 2 | 10 |
| 31 Dec 19 | 2 | -12 | 2 | 7 |
Quality Earnings: SLDP is currently unprofitable.
Growing Profit Margin: SLDP is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SLDP is unprofitable, and losses have increased over the past 5 years at a rate of 27.7% per year.
Accelerating Growth: Unable to compare SLDP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SLDP is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (6.5%).
Return on Equity
High ROE: SLDP has a negative Return on Equity (-13.02%), as it is currently unprofitable.