Solid Power Posts $21.7M 2025 Revenue, Eyes 2026 Electrolyte Line Launch
Solid Power generated $21.7M in 2025 revenue, up from 2024, but incurred a $100.8M operating loss and $93.4M net loss ($0.51/share). It plans to commission a continuous electrolyte line by year-end 2026 with $85M–$100M investment and pursue a 500-ton JV in Korea.
1. Full-Year 2025 Financial Results
Solid Power reported $21.7M in 2025 revenue, driven by a line installation agreement with SK On, but posted a $100.8M operating loss and a $93.4M net loss, or $0.51 per share.
2. Operational Partnerships and Production Progress
In Q4 2025, the company validated electrolyte sampling through evaluation agreements with Samsung SDI and BMW and neared completion of site acceptance testing at SK On’s facility. Its Electrolyte Innovation Center processes small batches in days, while the SP2 plant handles 40–50 kg batches weekly.
3. 2026 Production Line and Investment Guidance
Solid Power plans to commission its continuous electrolyte production line by year-end 2026, requiring $85M–$100M in cash investment. The company is exploring a joint venture in Korea targeting 500 metric tons of annual capacity to support partners aiming for production in 2029.