NASDAQ$SLDP

Solid Power Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced financial results for the second quarter ended June 30, 2022.

Solid Power reported revenue of $2.6 million and a net income of $13.7 million, or $0.08 per diluted share, for the second quarter of 2022. The company's liquidity position remained strong with total liquidity totaling $534.2 million.

  • Revenue for the second quarter of 2022 was $2.6 million.
  • Operating loss was $14.7 million for the second quarter of 2022.
  • Changes in Solid Power’s warrant liabilities resulted in a non-cash gain of $27.5 million in the second quarter of 2022, driving the company to net income of $13.7 million, or $0.08 per diluted share.
  • Total liquidity totaling $534.2 million as of June 30, 2022.

Headline financials

Total Revenue

$2.58M

Previous: $5.23K+49287.9%
EPS (adj)

$0.08

Previous: -$0.11+172.7%
Capital Expenditures

-$31M

Previous: $3.7M-936.2%
Free Cash Flow

-$17.3M

Previous: -$23.2M+25.3%
Net Income

$13.7M

Previous: -$23.2M+159.0%
Operating Income

-$14.7M

Previous: -$1.88M-683.1%
Gross Profit

$2.58M

Previous: $5.23K+49287.9%
Cash & Equivalents

$302M

Previous: $120M+150.6%
Total Assets

$608M

Previous: $351M+73.3%
Stock-Based Comp

$2.31M

Previous: $147K+1474.1%

Revenue & EPS history

Solid Power · Revenue · Quarterly

$2.58M

Q2 2022+49,287.9%vs Q2 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Solid Power now expects 2022 revenue to exceed the high end of the previous guidance range of between $3 million and $5 million. Solid Power reiterates its outlook for total 2022 cash investment of 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 Q2 2022

Historical avgQ2 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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