Stardust Power Inc. (SDST) Financial Statements
Industry: Primary Smelting & Refining of Nonferrous Metals
Net income was -$15.7M, or -$2.13 per diluted share. Operating activities generated -$8.3M of cash, leaving -$8.3M of free cash flow. At fiscal year end, Stardust Power held $11.8M in total assets against $17.6M in total liabilities, including $3.5M of cash and equivalents.
Open the full interactive Stardust Power financials → Quarterly statements, key ratios, valuation history and price charts.
Stardust Power Key Stats
| Share Price | $0.04 |
|---|---|
| Market Cap | $442,552 |
| 52-Week Range | $0.04 – $7.09 |
| Shares Outstanding | 11.1 million (basic, 2026 Q2) |
Stardust Power Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | — | $0 | — | — | — |
| Cost of Goods Sold | — | — | — | $4.0M | $58,651 |
| Gross Profit | — | — | — | -$4.0M | -$58,651 |
| Operating Income | -$3.6M | -$2.0M | -$2.3M | -$18.0M | -$16.1M |
| Pre-Tax Income | $4.7M | $15.1M | $139,000 | -$23.8M | -$15.7M |
| Net Income | $4.7M | $15.1M | $139,000 | -$23.8M | -$15.7M |
| Diluted EPS | $1.30 | $4.00 | $0.10 | -$5.50 | -$2.13 |
Stardust Power Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Net Income | -$4.5M | -$3.7M | -$5.2M | -$3.9M |
| Diluted EPS | -$0.53 | -$0.51 | -$0.53 | -$0.35 |
Stardust Power Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | $912,574 | $3.5M |
| Current Assets | $1.0M | $109,000 | $36,000 | $2.1M | $4.1M |
| Total Assets | $301.1M | $304.8M | $43.7M | $9.0M | $11.8M |
| Current Liabilities | $2.8M | $3.9M | $7.9M | $25.0M | $14.3M |
| Total Long-Term Debt | — | — | $30,000 | — | $3.5M |
| Total Liabilities | $26.2M | $14.8M | $18.7M | $28.4M | $17.6M |
| Shareholders' Equity | -$25.1M | -$14.7M | -$18.7M | -$19.4M | -$5.8M |
Stardust Power Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$1.0M | -$1.5M | -$975,000 | -$9.7M | -$8.3M |
| Cash From Investing | — | — | $263.2M | -$4.8M | -$3.4M |
| Cash From Financing | $301.9M | $785,000 | -$262.4M | $14.2M | $14.2M |
| Free Cash Flow | — | — | — | — | -$8.3M |
Figures from Stardust Power's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Stardust Power financials page for every line item.
Stardust Power Company Profile
| Ticker | SDST |
|---|---|
| Exchange | Nasdaq |
| Industry | Primary Smelting & Refining of Nonferrous Metals |
| Headquarters | Oklahoma City, Oklahoma |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001831979 |
Frequently Asked Questions
What was Stardust Power's net income in fiscal 2025?
Stardust Power reported net income of -$15.7M for fiscal 2025.
What was Stardust Power's earnings per share (EPS) in fiscal 2025?
Stardust Power's diluted EPS was -$2.13 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Stardust Power generate in fiscal 2025?
Stardust Power generated -$8.3M of free cash flow in fiscal 2025.
How much debt does Stardust Power have?
Stardust Power reported $3.5M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Stardust Power are outstanding?
Stardust Power reported a weighted average of 11.1 million basic shares outstanding in 2026 Q2.
What is Stardust Power's market cap?
Based on its latest closing price, Stardust Power (SDST) has a market capitalization of about $442,552.
When does Stardust Power's fiscal year end?
Stardust Power's fiscal year end, as registered with the SEC, is December 31.
Where is Stardust Power headquartered?
Stardust Power lists its business address in Oklahoma City, Oklahoma in its SEC filings.