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Stocks · Materials · Primary Smelting & Refining of Nonferrous Metals

Stardust Power Inc.

SDST Clue Score36
United States Fiscal year ends December CIK 0001831979
$0.06 -9.59% Close, 9 Oct 2026
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Price $0.06 −98.58% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 8 Jul 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Operating incomeNet income
Fiscal year 2021Operating income−3.6Net income4.7Fiscal year 2022Operating income−2.0Net income15.1 +220.3%Fiscal year 2023Operating income−2.3Net income0.1 −99.1%Fiscal year 2024Operating income−18.0Net income−23.8 −17,189.1%EPS, diluted−5.55Fiscal year 2025Operating income−16.1Net income−15.7EPS, diluted−2.13
FY2021FY2022FY2023FY2024FY2025
Operating income −3.6 −2.0 −2.3 −18.0 −16.1
Net income 4.7 15.1 0.1 −23.8 −15.7
Growth +220.3% −99.1% −17,189.1%
EPS, diluted n/a n/a n/a −5.55 −2.13

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow−1.0Fiscal year 2022Operating cash flow−1.5Fiscal year 2023Operating cash flow−1.0Buybacks−265.1Fiscal year 2024Operating cash flow−9.7Capital expenditure−0.0Free cash flow−9.7Fiscal year 2025Operating cash flow−8.3Capital expenditure−0.0Free cash flow−8.3
FY2021FY2022FY2023FY2024FY2025
Operating cash flow −1.0 −1.5 −1.0 −9.7 −8.3
Capital expenditure n/a n/a n/a −0.0 −0.0
Free cash flow n/a n/a n/a −9.7 −8.3
Growth
Buybacks n/a n/a −265.1 n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2021Cash0.8Shareholders’ equity−25.1Fiscal year 2022Cash0.1Shareholders’ equity−14.7Fiscal year 2023Cash1.3Shareholders’ equity−3.7Fiscal year 2024Cash0.9Shareholders’ equity−19.4Fiscal year 2025Cash3.5Shareholders’ equity−5.8
FY2021FY2022FY2023FY2024FY2025
Cash 0.8 0.1 1.3 0.9 3.5
Shareholders’ equity −25.1 −14.7 −3.7 −19.4 −5.8

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025† 31 Dec 2025
Revenue and profit
3.6 2.0 5.2 18.0 16.1
−3.6 −2.0 −2.3 −18.0 −16.1
Growth
4.7 15.1 0.1 −23.8 −15.7
Growth +220.3% −99.1% −17,189.1%
Per share
n/a n/a n/a −5.55 −2.13
n/a n/a n/a −5.55 −2.13
Growth
n/a n/a n/a 4.3 7.4
n/a n/a n/a 4.3 7.4
Growth +72.5%

† The diluted share count jumps at 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 2 of 5 years on file.