NASDAQ$SLDP

Solid Power Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Solid Power's Q1 2022 financial results were announced, highlighting progress towards delivering on the accelerated investment timeline and nearing completion of the EV cell pilot line.

Solid Power reported revenue of $2.2 million for Q1 2022, up from $0.5 million in Q1 2021. The net loss was $10.3 million, or $0.06 per diluted share, compared to a net loss of $7.2 million, or $0.10 per diluted share, during the same quarter in 2021. The company reiterated its financial guidance for the year.

  • Revenue for the first quarter of 2022 was $2.2 million, up from $0.5 million in the first quarter of 2021.
  • Net loss was $10.3 million, or $0.06 per diluted share, compared to a net loss of $7.2 million, or $0.10 per diluted share, during the same quarter in 2021.
  • Capital expenditures during the first quarter of 2022 were $10.5 million.
  • Solid Power expects 2022 revenue to range between $3.0 million to $5.0 million.

Headline financials

Total Revenue

$2.2M

Previous: $172.00+1276644.2%
EPS (adj)

-$0.06

Previous: -$0.10+40.0%
Capital Expenditures

-$10.5M

Previous: $68K-15580.9%
Free Cash Flow

-$20.9M

Previous: -$1.05M-1896.8%
Net Income

-$10.3M

Previous: -$1.05M-889.6%
Operating Income

-$11.3M

Previous: -$205K-5405.0%
Gross Profit

$2.2M

Previous: $172.00+1276644.2%
Cash & Equivalents

$450M

Previous: $6.78M+6543.1%
Total Assets

$613M

Previous: $354M+73.3%
Stock-Based Comp

$1.6M

Previous: $70K+2180.0%

Revenue & EPS history

Solid Power · Revenue · Quarterly

$2.2M

Q1 2022+1,276,644.2%vs Q1 2021
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Forward guidance

Solid Power reiterates its financial guidance for the year, with 2022 revenue expected to range between $3.0 million to $5.0 million and total 2022 cash investment between $150 million and $170 million. Solid Power expects to have total combined cash, cash equivalents, marketable securities and long-term investments of between $420 to $440 million at the end of the year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+3.4%

Avg return

Earnings day

+2.4%

Avg return

5 days after

-5.5%

Avg return

30 days after

57%

12 / 21 earnings

Positive

+51.5%

Q3 2025

Best reaction

-19.0%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.7%-10.3%-16.8%
Q4 2025+7.9%+0.0%-17.5%
Q3 2025+51.5%+30.9%-7.9%
Q1 2025+5.4%+26.5%+42.5%
Q4 2024+0.8%-7.4%-11.5%
Q3 2024-0.9%-9.4%-6.0%
Q2 2024-19.0%-15.2%-20.3%
Q1 2024-8.9%-9.9%-12.0%
Q4 2023+3.1%+1.2%+25.3%
Q3 2023+12.4%-1.5%+2.2%
Q2 2023+8.1%-2.8%-14.2%
Q1 2023-1.4%-5.7%+16.7%
Q4 2022-13.3%-4.7%-13.9%
Q3 2022-8.7%+0.5%-53.2%
Q2 2022+11.3%+8.6%-7.3%
Q1 2022-2.2%+15.7%+4.6%
Q4 2020+12.8%+6.5%-4.9%
Q4 2021+3.2%+4.2%-8.4%
Q3 2021+11.9%+12.2%-19.2%
Q2 2021-0.3%-0.4%+0.9%
Q1 2021+3.2%+11.5%+6.1%

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