Solidion Technology swings to Q3 2026 net income of about $244,000 from year-earlier loss
STI•Solidion Technology reported third-quarter 2026 net income of about $244,000, compared with a $4.1 million loss a year earlier. Revenue was $41,638, cash and cash equivalents were $26.2 million, and total liabilities were $7.5 million.
1. Quarterly results
Solidion Technology swung to third-quarter 2026 net income of approximately $244,000 from a $4.1 million loss a year earlier. Revenue rose to $41,638; cash and cash equivalents fell 5% from June 30 to $26.2 million, while total liabilities declined approximately 40% from year-end 2025 to $7.5 million at September 30, 2026.
2. Capital and plans
The board authorized repurchases of up to $1 million of common stock on September 13, 2026. Management plans to pursue revenue-generating battery-storage acquisitions through the remainder of 2026 and into 2027 while advancing commercialization.
