ABAT

MKT CAP:$345M

American Battery Technology Company Common Stock

Market Cap

$345M

Basic Materials·Industrial Materials·🇺🇸 United States·NASDAQ

Materials·Industrial·🇺🇸·NASDAQ

Stock Price

$3.28-$0.42 (-11.24%)

Apr 24, 2026

Company Details

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the ...

CEO

Ryan Mitchell Melsert

IPO Date

Feb 24, 2016

Website

americanbatterytechnology.com

Key Metrics TTM

Revenue

$9M

+976.8% YoY

Net Income

-$41M

EPS (Diluted)

-$0.41

Free Cash Flow

-$36M

Revenue / Share

$0.07

Gross Margin

-109.8%

Operating Margin

-406.5%

Net Margin

-436.3%

FCF Margin

-383.8%

P/S

36.4x

P/E

—

Earnings Reports

Q3 2026

May 14, 2026

PENDING

Q2 2026

Feb 5, 2026

$5M+1331.8%EPS -$0.07

Q1 2026

Nov 6, 2025

$937.6K+364.2%EPS -$0.09

FY 2025

Sep 18, 2025

$4M+1149.0%EPS -$0.58

Q4 2025

Sep 18, 2025

$3M+708.1%EPS -$0.11

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$0	$0	-$20M
Q2 22	$0	$0	-$4M
Q3 22	$0	$0	-$3M
Q4 22	$0	$0	-$7M
Q1 23	$0	$0	-$3M
Q2 23	$0	$0	-$6M
Q3 23	$0	$0	-$6M
Q4 23	$0	$0	-$7M
Q2 24	$0	$0	-$8M
Q4 24	$343.5K	$343.5K	-$12M
Q1 25	$202.0K	-$2M	-$10M
Q2 25	$332.4K	-$3M	-$14M
Q3 25	$980.0K	-$3M	-$11M
Q4 25	$3M	-$3M	-$8M
Q1 26	$937.6K	-$4M	-$10M
Q2 26	$5M	-$2M	-$10M

Valuation

Quarter	P/S	P/E
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q2 24	—	—
Q4 24	1003.0x	—
Q1 25	631.6x	—
Q2 25	392.4x	—
Q3 25	185.4x	—
Q4 25	80.3x	—
Q1 26	68.5x	—
Q2 26	36.4x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$3M	-$8M
Q2 22	-$2M	-$3M
Q3 22	-$3M	-$7M
Q4 22	-$3M	-$7M
Q1 23	-$4M	-$4M
Q2 23	-$3M	-$5M
Q3 23	-$3M	-$13M
Q4 23	-$3M	-$5M
Q2 24	-$3M	-$7M
Q4 24	-$4M	-$5M
Q1 25	-$6M	-$6M
Q2 25	-$7M	-$8M
Q3 25	-$10M	-$11M
Q4 25	-$6M	-$6M
Q1 26	-$7M	-$8M
Q2 26	-$10M	-$11M

Capital Expenditures

Quarter	CapEx
Q1 22	$6M
Q2 22	$2M
Q3 22	$4M
Q4 22	$4M
Q1 23	$77.5K
Q2 23	$2M
Q3 23	$10M
Q4 23	$3M
Q2 24	$4M
Q4 24	$932.8K
Q1 25	$863.2K
Q2 25	$646.4K
Q3 25	$491.1K
Q4 25	$547.8K
Q1 26	$708.3K
Q2 26	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	—	+1745.3%
Q2 22	—	+103.7%
Q3 22	—	-91.5%
Q4 22	—	+174.4%
Q1 23	—	-87.1%
Q2 23	—	+50.5%
Q3 23	—	+98.8%
Q4 23	—	+8.5%
Q2 24	—	+219.4%
Q4 24	—	+101.0%
Q1 25	—	+77.6%
Q2 25	—	+96.7%
Q3 25	—	+41.2%
Q4 25	+708.1%	-15.1%
Q1 26	+364.2%	+10.7%
Q2 26	+1331.8%	+3.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$115.1K	—
Q2 22	-$115.1K	—
Q3 22	$0	—
Q4 22	$0	—
Q1 23	$96.1K	—
Q2 23	$3M	—
Q3 23	$3M	—
Q4 23	$6M	—
Q2 24	$4M	—
Q4 24	$2M	653.3%
Q1 25	$3M	1570.2%
Q2 25	$6M	1904.4%
Q3 25	$3M	339.0%
Q4 25	$2M	65.9%
Q1 26	$2M	243.3%
Q2 26	$3M	68.3%

OpEx Breakdown

Quarter	R&D	G&A
Q1 22	$216.0K	$20M
Q2 22	$268.3K	$4M
Q3 22	$138.3K	$2M
Q4 22	—	$5M
Q1 23	$219.8K	$2M
Q2 23	$2M	$4M
Q3 23	$2M	$4M
Q4 23	$4M	$3M
Q2 24	$3M	$4M
Q4 24	$3M	$5M
Q1 25	$2M	$5M
Q2 25	$3M	$8M
Q3 25	$3M	$4M
Q4 25	$265.2K	$5M
Q1 26	$3M	$4M
Q2 26	$4M	$4M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$36M	$44.6K	$36M
Q4 22	$29M	$21.0K	$29M
Q1 23	$21M	$26.4K	$21M
Q2 23	$11M	$6.4K	$11M
Q3 23	$13M	$9.3K	$13M
Q4 23	$2M	$11.3K	$2M
Q1 24	$5M	$78.4K	$5M
Q2 24	$8M	$79.3K	$8M
Q3 24	$6M	$60.2K	$6M
Q4 24	$7M	$0	$7M
Q1 25	$6M	$0	$6M
Q2 25	$16M	$0	$16M
Q3 25	$3M	$0	$3M
Q4 25	$7M	$0	$7M
Q1 26	$30M	$0	$30M
Q2 26	$48M	$0	$48M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	40M	+35.7%	+336.2%
Q2 22	42M	+6.2%	+136.5%
Q3 22	42M	+0.5%	+148.8%
Q4 22	23M	-46.7%	-22.8%
Q1 23	43M	+90.5%	+8.4%
Q2 23	43M	+0.6%	+2.6%
Q3 23	43M	+0.6%	+2.8%
Q4 23	46M	+4.9%	+102.4%
Q2 24	48M	+4.7%	+11.2%
Q4 24	52M	+8.9%	+20.3%
Q1 25	70M	+33.7%	+59.9%
Q2 25	75M	+8.3%	+65.1%
Q3 25	85M	+13.0%	+78.2%
Q4 25	92M	+7.7%	+76.2%
Q1 26	112M	+22.5%	+61.5%
Q2 26	129M	+15.2%	+71.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$0	350
Q2 22	$0	350
Q3 22	$0	350
Q4 22	$0	350
Q1 23	$0	350
Q2 23	$0	350
Q3 23	$0	350
Q4 23	$0	54
Q2 24	$0	54
Q4 24	$3.6K	96
Q1 25	$2.1K	96
Q2 25	$3.5K	96
Q3 25	$10.2K	96
Q4 25	$17.7K	157
Q1 26	$6.0K	157
Q2 26	$30.3K	157

Revenue / Employee