Factorial Energy earnings date
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Factorial Energy (FAC) Q3 2026 Earnings Report
FAC Q3 2026 EPS Results
- Actual EPS
- $0.07
- Consensus EPS
- -$0.09
- Beat/Miss
- Beat by +$0.15
- One Year Ago EPS
- $0.08
FAC Q3 2026 Revenue Results
- Actual Revenue
- $26.00K
- Expected Revenue
- $0
- Beat/Miss
- Beat by +$26.00K
- YoY Revenue Growth
- ―
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/10/2026
- Time
- After Close
- Conference Call
- Tuesday, November 10, 2026
Factorial Energy's next earnings date is estimated for August 17, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q3 2026 Earnings Call Summary
The call was strongly positive, highlighted by first commercial revenue ahead of schedule, major aerospace validation events, achievement of the approximately 450 watt-hours-per-kilogram target, progress with automotive partners, manufacturing partnerships, and lower full-year expense and capital expenditure outlooks. The company remains in an early commercialization phase, with modest current revenue, a quarterly gross loss, early-volume unit costs above expected selling prices, automotive timelines that are longer, and pilot-line yield below the stated gigafactory expectation.
Factorial now expects full year 2026 non GAAP operating expenses of $36 million to $38 million, below its prior outlook of approximately $40 million, and full year capital expenditures of $10 million to $12 million, compared with its prior outlook of approximately $13 million; the range implies higher spending in the fourth quarter, it expects more meaningful commercial revenue in 2027 as production programs begin, revenue is expected to remain modest and to vary from quarter to quarter until those programs ramp, and it expects to keep spending within its outlook, complete both line expansions on schedule, expand FAST by the end of 2027 and Solstice by the end of 28, with a target of approximately 450 watt-hours per kilogram in its aerospace program cells.
- First Commercial Revenue Ahead of ScheduleFactorial recorded approximately $26,000 of third-quarter revenue from its first shipments under the aerospace order announced in July, delivering its first customer revenue ahead of the 2027 timeline previously set.
- Strong Aerospace and Drone ValidationFactorial's lithium-metal cells powered a drone to a world record of 521 minutes in the air, covering roughly 300 miles. Its cells also powered the winning aircraft in a DARPA LIFT challenge carrying a payload of nearly 4x its own weight.
- Longer Range and Lower Battery WeightCustomer testing with Tulip Tech showed more than 30% longer range with Factorial's solid-state and lithium-metal batteries, partly due to a 20% reduction in battery weight before engineering optimization.
- 450 Watt-Hours per Kilogram AchievedFactorial achieved approximately 450 watt-hours per kilogram in its aerospace program cells, about 15% higher energy density than the cells used in its world-record flight. The company continues to target further improvement next year.
- Automotive Program ProgressMercedes-Benz put Factorial's results on public roads in 2025, Factorial built the technology into a Dodge Charger Daytona development vehicle in 2026, and a Peugeot RCZ concept car developed with Factorial was shown shortly after quarter end. The company is targeting a production uptake agreement with a mainstream automaker.
- Automotive System-Level ValidationFactorial said a Mercedes solid-state battery vehicle completed a record drive of 1,220 kilometers on a single charge, supporting the company's progression from partnerships to system integration and ultimately commercial orders.
- Expansion of FAST and Solstice Manufacturing LinesThe company plans to expand its own FAST lines by the end of 2027 and Solstice lines by the end of 2028. It said the new FAST line is being designed for commercial aerospace and physical AI cells.
- Fabless Manufacturing ModelFactorial plans to scale through partners, with FAST lines designed to use up to 80% of the equipment in a professional lab-in-a-line. The company said this approach allows use of partners' existing factories rather than building entirely new facilities.
- SK On Industrialization PartnershipSK On signed a memorandum of understanding to jointly evaluate production of Factorial's battery technologies across its global manufacturing network. SK On has more than 200 gigawatt-hours of annual production capacity worldwide, including approximately 100 gigawatt-hours in the United States.
- Solid-State Supply Chain PartnershipsFactorial signed a joint development agreement with Mitsui Kinzoku to help industrialize Solstice. Together with POSCO Future M, Factorial now has partners for all three key active materials of Solstice, and it is also working with Phil Energy on Solstice manufacturing infrastructure.
- Improved Pilot-Line YieldFactorial's Korea pilot line has demonstrated approximately 85% yield, compared with the 70% to 80% typically targeted by state-of-the-art lithium-ion battery pilot lines. The company said this improvement has reduced the cost of every battery cell by more than 80%, with other factors held equal.
- Safety Testing CompletedIndependent nail penetration, crush, and thermal testing confirmed the safety of the FAST cells Factorial has delivered.
- Solstice Platform DevelopmentFactorial has built Solstice all-solid-state cells as large as 40 amp-hours and delivered them to partners for validation. Solstice is targeted for up to 450 watt-hours per kilogram and enhanced thermal stability compared with conventional lithium-ion cells.
- Reduced Operating Expense and Capital Expenditure OutlookFactorial lowered its full-year 2026 non-GAAP operating expense outlook to $36 million to $38 million from approximately $40 million, and reduced expected capital expenditures to $10 million to $12 million from approximately $13 million.
- Partner and Customer Pipeline ExpansionFactorial is in its first few customer qualification processes, is potentially expanding to the next 10 customer qualification processes, and said multiple customers are under active testing. It expects aerospace qualification with additional customers to begin in October 2027.
- Technology and Intellectual Property BaseFactorial said it has more than 150 patents and patent applications and has shipped thousands of large-format cells from its South Korea and Boston pilot lines to automakers for testing.
- Potential Lithium-Metal Performance AdvantagesFactorial said lithium-metal cells can combine high energy and power without the traditional physical limits of lithium-ion batteries. It also cited potential thermal-stability and conductivity advantages over silicon at the pack level.
FAC Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Aug 17, 2027 | 2027 (Q2) | ―- | -0.85 | ― | ― |
| Nov 10, 2026 | 2026 (Q3) | -0.090.07 | 0.08 | -18.75% (-0.01) | |
| Aug 11, 2026 | 2026 (Q2) | -0.04-0.85 | 0.04 | -2336.84% (-0.89) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
