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Side-by-side financial comparison of Solid Power, Inc. (SLDP) and Twin Vee PowerCats, Co. (VEEE). Click either name above to swap in a different company.
Solid Power, Inc. is the larger business by last-quarter revenue ($3.6M vs $3.0M, roughly 1.2× Twin Vee PowerCats, Co.). On growth, Twin Vee PowerCats, Co. posted the faster year-over-year revenue change (60.4% vs -18.6%). Twin Vee PowerCats, Co. produced more free cash flow last quarter ($-1.9M vs $-23.0M). Over the past eight quarters, Solid Power, Inc.'s revenue compounded faster (-21.9% CAGR vs -24.3%).
Solid Energy was the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.
Twin Vee PowerCats Co. is a leading manufacturer of high-performance recreational power catamaran boats. The company offers a diverse lineup of catamaran models suited for leisure cruising, fishing, water sports, and commercial marine use, serving customers primarily across North America, with a growing distribution network in global coastal markets.
SLDP vs VEEE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.6M | $3.0M |
| Net Profit | — | $-2.6M |
| Gross Margin | — | 3.7% |
| Operating Margin | -730.1% | -87.7% |
| Net Margin | — | -85.6% |
| Revenue YoY | -18.6% | 60.4% |
| Net Profit YoY | — | -119.0% |
| EPS (diluted) | $-0.15 | $-1.19 |
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.
| Q4 25 | $3.6M | $3.0M | ||
| Q3 25 | $3.7M | $3.4M | ||
| Q2 25 | $6.5M | $4.8M | ||
| Q1 25 | $6.0M | $3.6M | ||
| Q4 24 | $4.5M | $1.9M | ||
| Q3 24 | $4.7M | $2.9M | ||
| Q2 24 | $5.1M | $4.3M | ||
| Q1 24 | $6.0M | $5.3M |
| Q4 25 | — | $-2.6M | ||
| Q3 25 | $-25.9M | $-2.8M | ||
| Q2 25 | $-25.3M | $-1.7M | ||
| Q1 25 | $-15.2M | $-1.6M | ||
| Q4 24 | — | $-1.2M | ||
| Q3 24 | $-22.4M | $-3.0M | ||
| Q2 24 | $-22.3M | $-4.5M | ||
| Q1 24 | $-21.2M | $-2.3M |
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | -1.3% | ||
| Q2 25 | — | 13.8% | ||
| Q1 25 | — | 14.9% | ||
| Q4 24 | — | -57.6% | ||
| Q3 24 | — | -5.0% | ||
| Q2 24 | — | 4.7% | ||
| Q1 24 | — | 5.3% |
| Q4 25 | -730.1% | -87.7% | ||
| Q3 25 | -654.4% | -81.0% | ||
| Q2 25 | -398.9% | -35.2% | ||
| Q1 25 | -399.4% | -46.5% | ||
| Q4 24 | -561.1% | -224.9% | ||
| Q3 24 | -593.2% | -107.3% | ||
| Q2 24 | -530.8% | -107.7% | ||
| Q1 24 | -433.1% | -48.2% |
| Q4 25 | — | -85.6% | ||
| Q3 25 | -693.1% | -80.4% | ||
| Q2 25 | -390.7% | -34.8% | ||
| Q1 25 | -251.8% | -44.6% | ||
| Q4 24 | — | -62.7% | ||
| Q3 24 | -482.0% | -103.7% | ||
| Q2 24 | -438.9% | -104.4% | ||
| Q1 24 | -356.2% | -44.3% |
| Q4 25 | $-0.15 | $-1.19 | ||
| Q3 25 | $-0.14 | $-1.23 | ||
| Q2 25 | $-0.14 | $-0.87 | ||
| Q1 25 | $-0.08 | $-1.08 | ||
| Q4 24 | $-0.16 | $-3.51 | ||
| Q3 24 | $-0.13 | $-2.64 | ||
| Q2 24 | $-0.13 | $-3.09 | ||
| Q1 24 | $-0.12 | $-1.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $250.8M | $1.4M |
| Total DebtLower is stronger | — | $499.9K |
| Stockholders' EquityBook value | $415.7M | $13.5M |
| Total Assets | $455.1M | $16.2M |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $250.8M | $1.4M | ||
| Q3 25 | $251.2M | $2.7M | ||
| Q2 25 | $230.9M | $6.0M | ||
| Q1 25 | $240.9M | $4.9M | ||
| Q4 24 | $118.2M | $7.5M | ||
| Q3 24 | $132.0M | $11.1M | ||
| Q2 24 | $140.5M | $14.9M | ||
| Q1 24 | $146.6M | $17.1M |
| Q4 25 | — | $499.9K | ||
| Q3 25 | — | $499.9K | ||
| Q2 25 | — | $499.9K | ||
| Q1 25 | — | $499.9K | ||
| Q4 24 | — | $499.9K | ||
| Q3 24 | — | $499.9K | ||
| Q2 24 | — | $499.9K | ||
| Q1 24 | — | $499.9K |
| Q4 25 | $415.7M | $13.5M | ||
| Q3 25 | $381.2M | $15.9M | ||
| Q2 25 | $370.6M | $18.6M | ||
| Q1 25 | $397.1M | $17.7M | ||
| Q4 24 | $410.3M | $19.2M | ||
| Q3 24 | $439.4M | $17.4M | ||
| Q2 24 | $456.8M | $19.6M | ||
| Q1 24 | $479.4M | $22.3M |
| Q4 25 | $455.1M | $16.2M | ||
| Q3 25 | $416.1M | $18.9M | ||
| Q2 25 | $398.0M | $22.4M | ||
| Q1 25 | $419.4M | $23.6M | ||
| Q4 24 | $448.3M | $25.9M | ||
| Q3 24 | $470.9M | $30.1M | ||
| Q2 24 | $492.6M | $33.8M | ||
| Q1 24 | $516.2M | $36.5M |
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | — | 0.03× | ||
| Q2 24 | — | 0.03× | ||
| Q1 24 | — | 0.02× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-18.4M | $-1.7M |
| Free Cash FlowOCF − Capex | $-23.0M | $-1.9M |
| FCF MarginFCF / Revenue | -633.0% | -62.5% |
| Capex IntensityCapex / Revenue | 126.5% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-83.6M | $-9.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-18.4M | $-1.7M | ||
| Q3 25 | $-14.3M | $-2.6M | ||
| Q2 25 | $-14.4M | $-745.6K | ||
| Q1 25 | $-26.3M | $-1.7M | ||
| Q4 24 | $-13.9M | $-2.3M | ||
| Q3 24 | $-9.9M | $-2.4M | ||
| Q2 24 | $-11.1M | $-482.1K | ||
| Q1 24 | $-29.1M | $-1.7M |
| Q4 25 | $-23.0M | $-1.9M | ||
| Q3 25 | $-14.8M | $-3.1M | ||
| Q2 25 | $-17.1M | $-1.5M | ||
| Q1 25 | $-28.6M | $-2.6M | ||
| Q4 24 | $-18.6M | $-3.6M | ||
| Q3 24 | $-12.6M | $-3.7M | ||
| Q2 24 | $-15.5M | $-2.2M | ||
| Q1 24 | $-33.1M | $-3.7M |
| Q4 25 | -633.0% | -62.5% | ||
| Q3 25 | -397.6% | -91.2% | ||
| Q2 25 | -264.2% | -30.6% | ||
| Q1 25 | -476.1% | -71.0% | ||
| Q4 24 | -416.5% | -192.8% | ||
| Q3 24 | -271.5% | -128.8% | ||
| Q2 24 | -305.8% | -51.0% | ||
| Q1 24 | -556.3% | -70.9% |
| Q4 25 | 126.5% | 4.6% | ||
| Q3 25 | 15.3% | 14.0% | ||
| Q2 25 | 41.5% | 14.9% | ||
| Q1 25 | 39.1% | 22.9% | ||
| Q4 24 | 105.5% | 68.8% | ||
| Q3 24 | 59.7% | 45.8% | ||
| Q2 24 | 86.8% | 39.9% | ||
| Q1 24 | 68.1% | 37.7% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
