Solid Power, Inc. (NASDAQ: SLDP), a developer of solid-state battery technology, saw its stock plummet 7.03% in Tuesday's trading session following the release of its third-quarter 2025 financial results that fell short of analyst expectations.

The company reported revenue of $3.732 million for the quarter, significantly missing the consensus estimate of $5.70 million from two analysts. This represents a 19.8% decrease compared to the same quarter last year. Solid Power's net loss widened to $25.867 million, or $0.14 per share, compared to a loss of $0.13 per share in the year-ago period.

Despite some positive developments, including a new Joint Evaluation Agreement with Samsung SDI and BMW for all-solid-state battery development, investors seemed focused on the company's financial performance. Solid Power's operating loss for the first nine months of 2025 reached $74.3 million, with a net loss of $66.4 million or $0.37 per share. The company has revised its 2025 cash investment outlook to a range of $85 million to $95 million, reflecting efforts to optimize operating expenses while continuing to invest in technology development.

While Solid Power maintains a strong liquidity position of $300.4 million as of September 30, 2025, the widening losses and missed revenue targets have raised concerns among investors about the company's path to profitability in the competitive electric vehicle battery market. The stock's sharp decline reflects these concerns and underscores the challenges faced by early-stage technology companies in the capital-intensive battery sector.