Stardust Power Inc.

Stardust Power Inc.

SDST
Stardust Power Inc.US flagNASDAQ Global Market
1.92
USD
+0.08
- -
16.26MMarket Cap
Stardust Power Inc.
SDST
(NASDAQ Global Market)

Recent

price

1.92

P/E

ratio

- -

div

yld

- -

ROIC.AI

2023
2024
2025
TTM
FRC
- -
- -
- -
- -
Revenue per Share
- -
-5.55
-2.13
-2.09
Basic EPS, GAAP
- -
-2.89
-1.66
-1.39
Free Cash Flow per Basic Share
- -
- -
- -
- -
Dividend per Share
- -
-12.29
-9.25
-8.97
Book Value per Share
- -
-4.53
-0.79
-0.96
Tangible Book Value per Share
- -
4
7
8
Basic Weighted Avg Shares
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
-24
-16
-17
Net Income, GAAP
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
1
-23
-10
-12
Working Capital
- -
- -
2
2
LT Debt
-4
-19
-6
-8
Total Equity
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1
2
LT Borrowings
- -
2
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
10
10
Market Capitalization
21
20
19

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2
4
2
Cash, Cash Equivalents & STI
2
3
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
14
14
14
Payables & Accruals
11
10
10
ST Debt
- -
1
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-70.01%
Free Cash Flow
- -
- -
-0.99%
Net Income, GAAP
- -
- -
-33.81%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.3
-0.58
-2.23
- -
-5.55
2025
-0.72
-0.59
-0.53
- -
-2.13
2026
-0.53
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Stardust Power Inc is a developer and manufacturer of battery-grade lithium carbonate products primarily targeting the electric vehicle (EV) market. The company produces battery-grade lithium chemicals using sustainable methods and aims to establish resilient supply chains to support U.S. energy leadership. Stardust Power is developing a large-scale lithium processing facility in Muskogee, Oklahoma, designed to produce up to 50,000 metric tons per annum of battery-grade lithium carbonate. Its product offerings include battery-grade lithium carbonate sourced from multiple lithium brine and produced water feedstocks, intended for EV manufacturers, battery manufacturers, the U.S. military, and original equipment manufacturers. The company integrates sustainable power sources such as solar and wind in its production process. Recent major developments include the completion of a 66-acre site acquisition at the Southside Industrial Park in Muskogee, Oklahoma, marking a key step toward construction of what will be one of North America's largest lithium refineries. In 2024, Stardust Power completed a business combination with Global Partner Acquisition Corp II, becoming publicly listed on Nasdaq under the ticker symbol "SDST." The company recently completed its Front End Loading 3 (FEL 3) engineering study, which significantly optimized capital expenditures for the refinery project, reducing Phase 1 costs by $200 million to approximately $500 million. It also conducted an independent third-party engineering review validating the refinery design and project execution plans. In 2025, Stardust Power executed a 1-for-10 reverse stock split to regain Nasdaq compliance and strengthen its market position. Strategic partnerships include a collaboration with Ohio University on lithium extraction research, and the company is actively securing long-term lithium supply agreements to support project advancement and construction. Founded in 2022 and headquartered in Denver, Colorado, Stardust Power operates in the lithium chemicals and energy metals industry. Its business segments encompass lithium processing, refining, and chemical production primarily for the U.S. market. The company aims to vertically integrate lithium supply chains by investing upstream in lithium extraction technologies like Direct Lithium Extraction (DLE), which offers environmental and efficiency advantages over traditional methods. Supported by state and local government partnerships, Stardust Power plans to power its facility with largely renewable energy sources, underscoring its commitment to sustainable manufacturing. Stardust Power leverages these capabilities and strategic initiatives to position itself as a leading U.S. supplier of battery-grade lithium carbonate, addressing growing demand from the electric vehicle and battery sectors amid increasing geopolitical and sustainability considerations.

Company News

MCPAPIChat
  • Stardust Power Included in DOE-Funded Lithium Initiative

  • Stardust Power Inc. (SDST) Q1 2026 Earnings Call Prepared Remarks Transcript

  • Stardust Power Announces Q1 2026 Financial Results

  • Stardust Power Announces Q1 2026 Earnings Release Date, Conference Call

  • Stardust Power Secures Institutional Investment Framework Supporting Up to $150 Million Investment

  • Stardust Power Reports Preliminary 2025 Results and Highlights Development Progress at Muskogee Lithium Refinery

  • Stardust Power Announces Year End 2025 Earnings Release Date, Conference Call

  • Stardust Power Joins Cornerstone Consortium to Support U.S. Critical Minerals and Industrial Base Resilience

  • Stardust Power Secures up to $10.0 Million in Financing

  • Stardust Power Inc. (NASDAQ:SDST) Short Interest Down 12.8% in January

  • Stardust Power Hires Mr. Bruce Czachor as General Counsel

  • Head-To-Head Review: Trans-Lux (OTCMKTS:TNLX) versus Stardust Power (NASDAQ:SDST)

  • Made in the USA: Stardust Power's 18% Breakout

  • Stardust Power Engages 38 North Solutions To Support Federal Government Relations

  • Stardust Power Secures Financing To Advance Oklahoma Lithium Refinery Toward Construction

  • Stardust Power Inc. (NASDAQ:SDST) Receives Average Recommendation of “Moderate Buy” from Brokerages

  • Stardust Power Receives Independent Review Of Its Muskogee Lithium Refinery

  • Stardust Power Announces Q3 2025 Financial Results

  • Stardust's Strategic Lithium Deal Could Be a Game-Changer

  • Stardust Power Announces Third Quarter 2025 Earnings Release Date, Conference Call