Earnings call transcript: Solid Power Q3 2026 loss narrows as revenue misses
Solid Power Inc. released its Q3 2026 earnings, posting a narrower loss than expected but falling short of revenue forecasts. The company reported an adjusted loss of $0.11 per share, better than the anticipated $0.13 loss, while revenue and grant income totaled $1.2 million, below the projected $1.38 million. Shares rose to $2.03 before closing at $2.00 in after-hours trading.
The company reduced its 2026 cash investment outlook to $75 million-$85 million from $85 million-$100 million, citing tighter spending and progress on cost control. Liquidity remained strong at $397.6 million with no debt on the balance sheet. MOBIUS commissioning progressed, with materials introduction beginning in October, and the company expects full ISO 9001 certification by year-end 2026.
CEO John Van Scoter emphasized MOBIUS as a crucial step toward commercial scale, highlighting the company's unique wet process and process advantage.
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