Stardust Power Q3 2026 net loss narrows 38% to $2.8 million
SDST•Stardust Power’s third-quarter 2026 net loss narrowed 38% year over year to $2.8 million, while cash rose 31% to approximately $4.6 million as of September 30. Nasdaq suspended trading in its common stock and public warrants effective October 23 after the company failed the $0.10 minimum trading price requirement.
1. Quarterly results and trading
Stardust Power’s third-quarter 2026 net loss narrowed 38% year over year to $2.8 million, and cash rose 31% to approximately $4.6 million at September 30, 2026, compared with December 31, 2025. Nine-month cash used in investing activities fell 90% year over year to $300,000, reflecting more measured Muskogee refinery expenditures; testing continued at the proposed refinery, designed for annual capacity of up to 50,000 metric tons of battery-grade lithium carbonate.
2. Nasdaq suspension
Nasdaq suspended trading in Stardust Power’s common stock and public warrants effective October 23, 2026, for failing the $0.10 minimum trading price requirement.
