SequelSEC

Stardust Power Inc. SDST

Primary Smelting & Refining of Nonferrous Metals · CIK 0001831979 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2025-12-31
Operating income
-$16.08M
Fiscal year ended 2025-12-31
Free cash flow
-$8.28M
Fiscal year ended 2025-12-31

Stardust Power Inc. (SDST) reported net income of -$3.81M for the fiscal year ended 2025-12-31. This page shows 5 annual periods of income statement, balance sheet and cash flow figures normalized from Stardust Power Inc.’s SEC filings, each linked to the filing it came from.

Income

Stardust Power Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
RevenueUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income-$16.08M-$17.97M-$2.27M-$1.98M-$3.60M
Net income-$3.81M-$23.75M$139.00K$15.07M$4.70M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 7.39Mshares 4.28MUnavailableUnavailableUnavailable
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPS$-2.13$-5.55UnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$16.08M$17.97M$5.23M$1.98M$3.60M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Stardust Power Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Cash & equivalents$3.48M$912.57K$1.27MUnavailableUnavailable
Total assets$11.78M$9.02M$3.02M$304.78M$301.10M
Current assets$4.08M$2.14M$2.70M$109.00K$1.02M
Total liabilities$17.59M$28.41M$6.76M$14.84M$26.23M
Current liabilities$14.28M$25.00M$1.54M$3.88M$2.81M
Total equity incl. NCI-$5.81M-$19.39M-$3.73M-$3.73M-$25.13M
Temporary (mezzanine) equityUnavailableUnavailable$43.70M$304.68M$300.00M
InventoryUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$8.31M$10.26M$1.26M$75.00K$135.00K

Cash flow

Stardust Power Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Operating cash flow-$8.28M-$9.72M-$975.00K-$1.53M-$1.04M
Capital expenditures$4.49K$15.24KUnavailableUnavailableUnavailable
Investing cash flow-$3.40M-$4.79M$263.25MUnavailableUnavailable
Financing cash flow$14.24M$14.15M-$262.35M$785.00K$301.87M
Net change in cashUnavailableUnavailableUnavailable$741.00K$822.00K
Stock-based compensation$7.64M$9.75MUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailable$265.05MUnavailableUnavailable
Depreciation & amortization$3.17K$1.82KUnavailableUnavailableUnavailable

Derived

Stardust Power Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-31
Free cash flow-$8.28M-$9.73MUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratio0.29x0.09x1.75x0.03x0.37x
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SDST in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-25View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-14View SEC filing

Companies in the same industry

UAMY

Reconciliation checks needing review

2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2023-12-31

Difference 43704000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.

balance equationreview2022-12-31

Difference 10999238 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.