NASDAQ$SLDP

Solid Power Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Solid Power's Q3 2022 financial results were announced, highlighting increased revenue and ongoing investments in product development and scaling operations.

Solid Power reported revenue of $2.8 million for Q3 2022, a significant increase compared to $0.6 million in Q3 2021. The company experienced lower yields in 20 Ah cell production, impacting the timeline for A-sample EV cell production. Operating loss was $15.6 million, and net loss was $12.4 million, or $0.07 per diluted share. The company's liquidity position remained strong with total liquidity of $507.6 million as of September 30, 2022.

  • Q3 2022 revenue reached $2.8 million, up from $0.6 million in Q3 2021.
  • Lower yields in 20 Ah cell production affected the timeline for A-sample EV cell production.
  • Operating loss for the quarter was $15.6 million, and net loss was $12.4 million, or $0.07 per diluted share.
  • The company maintains a strong liquidity position with $507.6 million in total liquidity.

Headline financials

Total Revenue

$2.81M

Previous: $5.29K+53116.0%
EPS (adj)

-$0.07

Previous: -$0.07+0.0%
Capital Expenditures

-$47.9M

Previous: $2.8M-1809.4%
Free Cash Flow

-$60.3M

Previous: $5.79M-1142.2%
Net Income

-$12.4M

Previous: $5.79M-314.3%
Operating Income

-$15.6M

Previous: -$2.96M-427.8%
Gross Profit

$2.81M

Previous: $5.29K+53116.0%
Cash & Equivalents

$97.7M

Previous: $109M-10.6%
Total Assets

$598M

Previous: $351M+70.4%
Stock-Based Comp

$2.59M

Previous: $758K+241.4%

Revenue & EPS history

Solid Power · Revenue · Quarterly

$2.81M

Q3 2022+53,116%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Solid Power anticipates total 2022 cash investment to be between $120 - $130 million and expects to have total combined cash, cash equivalents, marketable securities and long-term investments of between $460 to $470 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 Q3 2022

Historical avgQ3 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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