Many of the key issues facing solid‐oxide fuel cell (SOFC) technology development may be addressed by finding improved electrode materials. These include lower temperature of operation, fuel flexibility, and sulfur and chromium tolerance. Here we review recent advances in anode and cathode materials design, focusing particularly on perovskite materials and their ordered structures, including intergrowths. Materials discovery, synthesis, fabrication, and evaluation are discussed. Particular emphasis is given to design of multifunctional composites at the nano‐ and microscales.