NASDAQ$SLDP
Solid Power Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Solid Power's full year 2023 results reflected strong execution and strategic milestones were achieved.
Solid Power reported revenue of $17.4 million for 2023, a $5.6 million increase compared to 2022. The company's operating loss was $90.6 million and net loss was $65.5 million, or $0.37 per share. Total liquidity as of December 31, 2023, was $415.6 million.
- Delivered on key strategic milestones in 2023, strengthening operational, technological, and competitive positioning.
- Demonstrated electrolyte production at a rate of 1.1 metric tons per month.
- Successfully delivered A-1 Sample cells in October, entering the automotive qualification process.
- Focus shifting to A-2 Sample cells, advancing cell development with a goal of consistently producing safer and higher performing cells.
Headline financials
Revenue & EPS history
Solid Power · Revenue · Quarterly
$2.35M
Forward guidance
Solid Power is committed to delivering on the following key objectives for 2024. The company expects 2024 cash used in operations to be in the range of $60 million to $70 million and capital expenditures to be in the range of $40 million to $50 million. Included in these ranges is approximately $35 million in operational and capital investments the company deferred from 2023. Total 2024 cash investment is expected to be in the range of $100 million to $120 million. Revenue for 2024 is expected to be in the range of $20 million to $25 million.
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 Q4 2023
+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
| Quarter | Report date | Reaction (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% |
Discussion
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