Factorial Energy
Develops solid-state batteries with partners for vehicles, drones, robots, and energy storage.
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Profile
Develops FEST quasi-solid-state and Solstice all-solid-state batteries for vehicles, drones, robots, and energy storage, while using Gammatron software to support battery development and operation. Revenue is intended to come through licenses, development work, materials, and battery-cell sales, with industrialization centered on manufacturing partners.
Develops FEST quasi-solid-state and Solstice all-solid-state battery platforms for road vehicles, drones, mobile robots, and energy storage. Gammatron, its digital-twin platform, supports electrolyte development, cell-health modeling, fast-charge optimization, battery-management systems, and production traceability.
Works with automakers, integrators, suppliers, and manufacturing partners to develop, sample, validate, and industrialize those systems. Research, testing, and low-volume production are based in Massachusetts; most current cell-production capacity is in South Korea, with partner-facing activity across Europe and Asia.
Relies on capital-light joint manufacturing rather than a wholly owned mass-production footprint. The business remains pre-revenue, while commercial-scale production depends on technical qualification, partner conversion, third-party capacity, materials supply, and battery safety and cross-border regulations.
Company facts
Key statistics
Year to date −52.3% · Average volume (30d) 290.7K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 11, 2026Q2 FY26 | −$0.04 | −$0.85 | −2,025.0% | — | — | — | −1.68% |
| May 15, 2026Q1 FY26 | — | −$0.06 | — | — | — | — | +0.10% |
Financial highlights
| 5 quarters | — | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | — | $0 | $0 | $0 | $0 | $0 | |
| Gross profit | — | $0 | $0 | $0 | $0 | $0 | |
| Operating income | — | −$448.6K | −$137.3K | −$551.8K | −$6.5M | −$13.0M | |
| Net income | — | $1.3M | $2.8M | $2.2M | −$8.6M | −$11.3M | |
| Diluted EPS | — | $0.04 | $0.08 | $0.06 | $0.05 | −$0.33 | |
| Gross margin | — | — | — | — | — | — | |
| Operating margin | — | — | — | — | — | — |
Balance sheet, Jun 30, 2026Cash & short-term investments $112.8M · Total debt $7.9M · Total assets $142.7M · Shareholders' equity $85.0M
Dividends
No dividends on record.
Ownership
Shares outstanding 27.60M · Float 19.23M
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| Alyeska Investment Group, L.P. | 7.37M | 8.05% of class | 13G | Aug 14, 2026 |
| Transcend Capital Advisors, LLC | 713.0K | 2.58% | 13F | Aug 4, 2026 |
| Millennium Management LLC | 206.7K | 0.75% | 13F | Aug 14, 2026 |
| Hite Hedge Asset Management LLC | 80.0K | 0.29% | 13F | Aug 14, 2026 |
| Atom Investors LP | 59.9K | 0.22% | 13F | Aug 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- QuantumScape
Nearest direct solid-state lithium-metal cell rival.
- Toyota Motor (ADR)
OEM-controlled solid-state battery commercialization program.
- Solid Power
Sulfide solid-state peer across electrolyte and cell licensing.
- S.E.S. AI
Li-Metal and AI-enabled rival for land and air batteries.
- Amprius Technologies
High-performance silicon-anode alternative in drone batteries.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Factorial Energy | $4.94 | +0.41% | $135.5M | — | — | — | — |
| QuantumScape | $5.65 | +0.70% | $3.45B | — | — | — | — |
| Toyota Motor (ADR) | $194.76 | +0.09% | $230.30B | 8.7 | 13.7 | 0.7 | +0.1% |
| Solid Power | $2.31 | −1.07% | $524.2M | — | — | 51.2 | −115.7% |
| S.E.S. AI | $0.5280 | +1.13% | $190.3M | — | — | 8.1 | +44.6% |
| Amprius Technologies | $9.93 | +0.51% | $1.40B | — | — | 12.8 | +125.9% |
| Median | 8.7 | 13.7 | 10.5 | +22.3% |