# Gelion reports £2.5m income for FY2026 as sulfur battery work advances

> Gelion reported total income of £2.5 million for the audited year ended 30 June 2026, in results published on 21 October, compared with £2.7 million a year earlier. Most income came from government grants and R&D tax incentives.

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- Publisher: Newsverum
- Section: Technology
- Country: United Kingdom
- Published: 2026-10-21T14:02:44+00:00
- Updated: 2026-10-21T14:02:44+00:00
- Event / data period: 2026-06-30
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The company said it is developing Nano-Encapsulated Sulfur (NES) cathode material designed to fit existing lithium-ion manufacturing lines. A completed QinetiQ demonstrator showed lithium-metal-anode cells maintaining stable performance beyond 200 charge-discharge cycles; full cells with graphite anodes exceeded 750 cycles at 1C.

## Data

### Financial-year income and adjusted EBITDA

£ million for financial years ended 30 June

Methodology: Nominal amounts reported in the company’s audited results; no recalculation.

| Item | £ million |
|---|---|
| Total income FY2026 | 2.5 |
| Total income FY2025 | 2.7 |
| Adjusted EBITDA loss FY2026 | -4.4 |
| Adjusted EBITDA loss FY2025 | -4.1 |

Sources: <https://www.investegate.co.uk/announcement/rns/gelion--geln/final-results/9832833> · Download data: [JSON](https://newsverum.com/api/v1/articles/gelion-fy2026-results-sulfur-battery-development/data/release-data?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/gelion-fy2026-results-sulfur-battery-development/data/release-data?lang=en&format=csv)

## Sources

- [Gelion plc (RNS)](<https://www.investegate.co.uk/announcement/rns/gelion--geln/final-results/9832833>) (Source checked: 2026-10-21; Published: 2026-10-21)

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