# Stardust Power Inc.: overview

SDST · Nasdaq · CIK 1831979 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sdst.md) · [Financials](/companies/sdst/financials.md) · [Filings](/companies/sdst/filings.md) · [Insiders](/companies/sdst/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [(2.23)](/filings/0001493152-25-022402.md) | not reported | [(0.72)](/filings/0001493152-26-023175.md) | [(0.59)](/filings/0001493152-26-037856.md) | [(0.53)](/filings/0001493152-25-022402.md) | not reported | [(0.53)](/filings/0001493152-26-023175.md) | [(0.35)](/filings/0001493152-26-037856.md) |
| Free cash flow | $k | [(6,414) d](/filings/0001493152-25-022402.md) | [(1,210) d](/filings/0001493152-26-012709.md) | not reported | not reported | not reported | not reported | [(2,066)](/filings/0001493152-26-023175.md) | [(1,955) d](/filings/0001493152-26-037856.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [0.13](/filings/0001213900-22-013647.md) | not reported | not reported | [(5.55)](/filings/0001493152-26-012709.md) | [(2.13)](/filings/0001493152-26-012709.md) |
| Free cash flow | $k | not reported | not reported | not reported | [(9,735)](/filings/0001493152-26-012709.md) | [(8,280)](/filings/0001493152-26-012709.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/sdst/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $310.7k | 199,187 |  | Unchanged |
| [Cetera Investment Advisers](/funds/1666741.md) | 2026-06-30 | $225.0k | 144,256 |  | New +144,256 |
| [LUMINUS MANAGEMENT LLC](/funds/1279151.md) | 2026-06-30 | $215.5k | 138,138 |  | New +138,138 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $114.8k | 73,605 |  | Reduced −11,513 |
| [BRC Group Holdings, Inc.](/funds/1464790.md) | 2026-06-30 | $65.7k | 42,122 |  | Unchanged |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $49.7k | 31,867 |  | Unchanged |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $38.5k | 24,706 |  | Unchanged |
| [BancFirst Trust & Investment Management](/funds/1914099.md) | 2026-06-30 | $37.7k | 23,011 |  | Unchanged |
| [ARISTEIA CAPITAL, L.L.C.](/funds/1080171.md) | 2026-06-30 | $35.6k | 290,258 |  | Unchanged |
| [Clear Street Group Inc.](/funds/1881567.md) | 2026-06-30 | $21.7k | 195,202 |  | Unchanged |

## Recent filings

[All 490 filings](/companies/sdst/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-19 | 21:00 ET | [8-K](/filings/0001493152-26-047607.md) | 3.01 Delisting notice; 5.02 Departure or appointment of officers or directors; 8.01 Other events | 0001493152-26-047607 |
| 2026-10-02 | 20:58 ET | [SCHEDULE 13D/A](/filings/0001493152-26-045572.md) | Ownership report, active investor, amended | 0001493152-26-045572 |
| 2026-10-02 | 20:58 ET | [SCHEDULE 13D/A](/filings/0001493152-26-045571.md) | Ownership report, active investor, amended | 0001493152-26-045571 |
| 2026-09-22 | 21:10 ET | [8-K](/filings/0001493152-26-043731.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-043731 |
| 2026-09-18 | 00:04 ET | [8-K](/filings/0001493152-26-043189.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-043189 |
| 2026-09-17 | 21:00 ET | [8-K](/filings/0001493152-26-043157.md) | 3.01 Delisting notice | 0001493152-26-043157 |
| 2026-08-21 | 21:15 ET | [8-K](/filings/0001493152-26-039723.md) | 8.01 Other events | 0001493152-26-039723 |
| 2026-08-13 | 21:16 ET | [10-Q](/filings/0001493152-26-037856.md) | Quarterly report, period 2026-06-30 | 0001493152-26-037856 |
| 2026-08-11 | 12:00 ET | [8-K](/filings/0001493152-26-036984.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001493152-26-036984 |
| 2026-08-05 | 11:45 ET | [8-K](/filings/0001493152-26-036102.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-036102 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-012709.md), filed Mar 25, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1831979
- Tickers: SDST, SDSTW
- Exchange: Nasdaq
- SIC code: 3330 Primary Smelting & Refining of  Nonferrous Metals
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:48 ET. No prices; not investment advice.
