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Side-by-side financial comparison of Solid Power, Inc. (SLDP) and UR-ENERGY INC (URG). Click either name above to swap in a different company.

UR-ENERGY INC is the larger business by last-quarter revenue ($6.3M vs $3.6M, roughly 1.7× Solid Power, Inc.). On growth, UR-ENERGY INC posted the faster year-over-year revenue change (-1.2% vs -18.6%). UR-ENERGY INC produced more free cash flow last quarter ($-20.4M vs $-23.0M).

Solid Energy was the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.

UR-Energy Inc. is a specialized uranium mining firm that uses low-environmental-impact in-situ recovery extraction technology. It operates assets in the western United States, supplying uranium concentrate to nuclear power utilities across North America and global markets to support clean energy production.

SLDP vs URG — Head-to-Head

Bigger by revenue
URG
URG
1.7× larger
URG
$6.3M
$3.6M
SLDP
Growing faster (revenue YoY)
URG
URG
+17.4% gap
URG
-1.2%
-18.6%
SLDP
More free cash flow
URG
URG
$2.6M more FCF
URG
$-20.4M
$-23.0M
SLDP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
SLDP
SLDP
URG
URG
Revenue
$3.6M
$6.3M
Net Profit
$-27.5M
Gross Margin
Operating Margin
-730.1%
-313.3%
Net Margin
-434.3%
Revenue YoY
-18.6%
-1.2%
Net Profit YoY
-243.2%
EPS (diluted)
$-0.15
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SLDP
SLDP
URG
URG
Q4 25
$3.6M
Q3 25
$3.7M
$6.3M
Q2 25
$6.5M
$10.4M
Q1 25
$6.0M
Q4 24
$4.5M
$22.7M
Q3 24
$4.7M
$6.4M
Q2 24
$5.1M
$4.7M
Q1 24
$6.0M
$0
Net Profit
SLDP
SLDP
URG
URG
Q4 25
Q3 25
$-25.9M
$-27.5M
Q2 25
$-25.3M
$-21.0M
Q1 25
$-15.2M
Q4 24
Q3 24
$-22.4M
$-8.0M
Q2 24
$-22.3M
$-6.6M
Q1 24
$-21.2M
$-18.5M
Gross Margin
SLDP
SLDP
URG
URG
Q4 25
Q3 25
Q2 25
18.6%
Q1 25
Q4 24
Q3 24
12.3%
Q2 24
28.5%
Q1 24
Operating Margin
SLDP
SLDP
URG
URG
Q4 25
-730.1%
Q3 25
-654.4%
-313.3%
Q2 25
-398.9%
-151.1%
Q1 25
-399.4%
Q4 24
-561.1%
Q3 24
-593.2%
-185.4%
Q2 24
-530.8%
-245.2%
Q1 24
-433.1%
Net Margin
SLDP
SLDP
URG
URG
Q4 25
Q3 25
-693.1%
-434.3%
Q2 25
-390.7%
-200.8%
Q1 25
-251.8%
Q4 24
Q3 24
-482.0%
-125.0%
Q2 24
-438.9%
-141.5%
Q1 24
-356.2%
EPS (diluted)
SLDP
SLDP
URG
URG
Q4 25
$-0.15
Q3 25
$-0.14
$-0.07
Q2 25
$-0.14
$-0.06
Q1 25
$-0.08
Q4 24
$-0.16
Q3 24
$-0.13
$-0.02
Q2 24
$-0.13
$-0.02
Q1 24
$-0.12
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SLDP
SLDP
URG
URG
Cash + ST InvestmentsLiquidity on hand
$250.8M
$52.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$415.7M
$90.7M
Total Assets
$455.1M
$170.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLDP
SLDP
URG
URG
Q4 25
$250.8M
Q3 25
$251.2M
$52.0M
Q2 25
$230.9M
$57.6M
Q1 25
$240.9M
Q4 24
$118.2M
$76.1M
Q3 24
$132.0M
$118.5M
Q2 24
$140.5M
$61.3M
Q1 24
$146.6M
$53.9M
Stockholders' Equity
SLDP
SLDP
URG
URG
Q4 25
$415.7M
Q3 25
$381.2M
$90.7M
Q2 25
$370.6M
$102.1M
Q1 25
$397.1M
Q4 24
$410.3M
$132.8M
Q3 24
$439.4M
$152.1M
Q2 24
$456.8M
$92.8M
Q1 24
$479.4M
$76.9M
Total Assets
SLDP
SLDP
URG
URG
Q4 25
$455.1M
Q3 25
$416.1M
$170.9M
Q2 25
$398.0M
$171.3M
Q1 25
$419.4M
Q4 24
$448.3M
$194.1M
Q3 24
$470.9M
$201.4M
Q2 24
$492.6M
$140.6M
Q1 24
$516.2M
$124.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SLDP
SLDP
URG
URG
Operating Cash FlowLast quarter
$-18.4M
$-15.0M
Free Cash FlowOCF − Capex
$-23.0M
$-20.4M
FCF MarginFCF / Revenue
-633.0%
-322.5%
Capex IntensityCapex / Revenue
126.5%
84.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-83.6M
$-129.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLDP
SLDP
URG
URG
Q4 25
$-18.4M
Q3 25
$-14.3M
$-15.0M
Q2 25
$-14.4M
$-12.1M
Q1 25
$-26.3M
Q4 24
$-13.9M
$-71.9M
Q3 24
$-9.9M
$-6.8M
Q2 24
$-11.1M
$-11.3M
Q1 24
$-29.1M
$-14.4M
Free Cash Flow
SLDP
SLDP
URG
URG
Q4 25
$-23.0M
Q3 25
$-14.8M
$-20.4M
Q2 25
$-17.1M
$-17.2M
Q1 25
$-28.6M
Q4 24
$-18.6M
$-81.0M
Q3 24
$-12.6M
$-10.7M
Q2 24
$-15.5M
$-12.3M
Q1 24
$-33.1M
$-15.2M
FCF Margin
SLDP
SLDP
URG
URG
Q4 25
-633.0%
Q3 25
-397.6%
-322.5%
Q2 25
-264.2%
-164.5%
Q1 25
-476.1%
Q4 24
-416.5%
-357.4%
Q3 24
-271.5%
-167.1%
Q2 24
-305.8%
-263.7%
Q1 24
-556.3%
Capex Intensity
SLDP
SLDP
URG
URG
Q4 25
126.5%
Q3 25
15.3%
84.5%
Q2 25
41.5%
48.5%
Q1 25
39.1%
Q4 24
105.5%
39.9%
Q3 24
59.7%
60.1%
Q2 24
86.8%
21.7%
Q1 24
68.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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