Solid Power vs Strattec
Strattec reported revenue of $579 million in fiscal 2026, 26.7 times Solid Power's $22 million in fiscal 2025. Solid Power's revenue grew 8.0% in its latest year, and Strattec's grew 2.5%. Solid Power had an operating margin of -463.7%, against 4.6% at Strattec. Free cash flow was −$84 million at Solid Power and $39 million at Strattec. Their fiscal years end in different months (December 31 and June 28), so the periods don't line up exactly.
Side by side
| Solid Power | Strattec | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Jun 28, 2026 |
| Revenue | $22M | $579M |
| Revenue growth | 8.0% | 2.5% |
| Revenue growth a year, last 5 years | 59.5% | 3.6% |
| Gross margin | — | 16.5% |
| Operating margin | −463.7% | 4.6% |
| Net margin | −429.5% | 3.6% |
| Free cash flow | −$84M | $39M |
| Free cash flow margin | −384.4% | 6.7% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $4M | $7M |
| Change in diluted share count | 3.1% | 1.1% |
| Last close | $1.99 | $61.96 |
| P/E at the last close | — | 15.0× |
| Insider trades, last 12 months | — | — |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Solid PowerStrattec
Operating margin
Percent of revenue
Solid PowerStrattec
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Solid PowerStrattec
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Solid Power and Strattec pages.