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American Battery Technology Company Common Stock Earnings Recaps

ABAT Materials 2 recaps
Next earnings: November 6, 2026 (estimated) · full calendar
Q4 2026 Sep 16, 2026

American Battery Technology’s shares fell 9.3% after earnings, indicating investors were unconvinced by the company’s operational progress and improved recycling economics, particularly given the still-developmental status of its larger-scale expansion and claystone lithium projects. The company reported higher revenue and its first adjusted gross profit, but the transcript did not provide a clear forward outlook to offset execution and funding risks.

Key takeaways
  • Revenue increased more than 400% year over year to $21.7 million, driven by higher throughput, additional byproduct production, and improved pricing at the first recycling facility.
  • Cost of goods sold rose approximately 67%, while cash operating spend at the recycling plant declined about 16%, reflecting reported scale efficiencies.
  • The company generated approximately $1.7 million of adjusted gross profit, versus a $6.2 million adjusted loss in the prior year; management characterized this as its first annual adjusted profit.
  • Cash stood at approximately $49.5 million at fiscal year-end, with total assets of about $133 million and zero long-term debt.
  • Expansion remains capital- and execution-dependent: the Southeast recycling plant is designed for 100,000 tons annually and is supported by a proposed $150 million DOE grant, while the claystone project targets 30,000 tons per year and remains under development.
Q2 2026 Feb 6, 2026

American Battery Technology Company reported record high revenues of $5.1 million for Q2 FY2026, driven by operational efficiencies at its recycling plant and strong demand in the automotive and energy storage sectors.

Key takeaways
  • Revenues increased significantly, reaching $4.8 million in product sales and $300,000 in interest income.
  • The company achieved a cash balance of $48.7 million with zero debt, positioning it well for future growth.
  • Operational costs rose modestly compared to revenue, signaling improving efficiencies and nearing breakeven for the recycling facility.
  • Announced the design and construction of a second recycling facility in the Southeast U.S. to scale operations further.
  • Continued progress in the Tonopah Flats Lithium Project, advancing towards a finalized battery-grade lithium hydroxide product.