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AQMS (Aqua Metals, Inc.) Stock Financials & Earnings | Market Cap Arena
AQMS
Aqua Metals, Inc.
Mkt Cap
$15M
Industrials
·
Waste Management
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$0
Net Income (TTM)
-$26M
EPS (TTM)
-$30.30
Free Cash Flow (TTM)
-$11M
Gross Margin
—
Op. Margin
—
Net Margin
—
FCF Margin
—
P/S Ratio (TTM)
—
P/E Ratio (TTM)
—
YoY Rev Growth
—
Employees
—
Earnings Reports
▶
Q3 2025
Browse All Reports
Next: Q4 2025 · Mar 30
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q4 22
$0
-$933K
-$3M
Q1 23
$0
-$1M
-$4M
Q2 23
$0
-$1M
-$5M
Q3 23
$25K
-$2M
-$5M
Q4 23
$0
-$2M
-$5M
Q1 24
$0
-$2M
-$6M
Q2 24
$0
-$2M
-$6M
Q3 24
$0
-$2M
-$5M
Q4 24
$0
-$1M
-$7M
Q1 25
$0
-$724K
-$9M
Q2 25
$0
-$776K
-$7M
Q3 25
$0
-$576K
-$3M
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q4 22
3640.8x
—
Q1 23
3640.8x
—
Q2 23
—
—
Q3 23
582.5x
—
Q4 23
582.5x
—
Q1 24
582.5x
—
Q2 24
582.5x
—
Q3 24
—
—
Q4 24
—
—
Q1 25
—
—
Q2 25
—
—
Q3 25
—
—
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q4 22
-$840K
-$3M
Q1 23
-$3M
-$8M
Q2 23
$8M
$8M
Q3 23
-$3M
-$4M
Q4 23
-$5M
-$9M
Q1 24
-$4M
-$10M
Q2 24
-$4M
-$8M
Q3 24
-$4M
-$5M
Q4 24
-$2M
-$3M
Q1 25
-$3M
-$3M
Q2 25
-$3M
-$3M
Q3 25
-$2M
-$2M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q4 22
$2M
Q1 23
$5M
Q2 23
$323K
Q3 23
$786K
Q4 23
$4M
Q1 24
$6M
Q2 24
$4M
Q3 24
$1M
Q4 24
$731K
Q1 25
$475K
Q2 25
$177K
Q3 25
$0
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q4 22
-100.0%
-22.6%
Q1 23
—
+4.3%
Q2 23
-100.0%
+22.6%
Q3 23
—
+26.4%
Q4 23
—
+57.0%
Q1 24
—
+28.8%
Q2 24
—
+26.9%
Q3 24
-100.0%
+4.8%
Q4 24
—
+25.7%
Q1 25
—
+49.9%
Q2 25
—
+14.1%
Q3 25
—
-41.7%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q4 22
$518K
—
Q1 23
$687K
—
Q2 23
$599K
—
Q3 23
$594K
2376.0%
Q4 23
$654K
—
Q1 24
$774K
—
Q2 24
$751K
—
Q3 24
$638K
—
Q4 24
$574K
—
Q1 25
$701K
—
Q2 25
$346K
—
Q3 25
$452K
—
marketcaparena.com
OpEx Breakdown
R&D
G&A
SG&A
Quarter
R&D
G&A
SG&A
Q4 22
$252K
—
$2M
Q1 23
$445K
$3M
—
Q2 23
$525K
$3M
—
Q3 23
$389K
$3M
—
Q4 23
$382K
—
$3M
Q1 24
$588K
$3M
—
Q2 24
$363K
$3M
—
Q3 24
$398K
$3M
—
Q4 24
$238K
$3M
—
Q1 25
$336K
$2M
—
Q2 25
$295K
$2M
—
Q3 25
$328K
$2M
—
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q4 22
$7M
$0
$7M
Q1 23
$3M
$0
$3M
Q2 23
$6M
$0
$6M
Q3 23
$26M
$0
$26M
Q4 23
$17M
$0
$17M
Q1 24
$8M
$0
$8M
Q2 24
$8M
$0
$8M
Q3 24
$3M
$0
$3M
Q4 24
$4M
$0
$4M
Q1 25
$2M
$0
$2M
Q2 25
$2M
$0
$2M
Q3 25
$4M
$0
$4M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q4 22
393K
+1.6%
Q1 23
406K
+3.4%
Q2 23
421K
+3.6%
Q3 23
508K
+20.7%
Q4 23
542K
+6.7%
Q1 24
550K
+1.5%
Q2 24
619K
+12.5%
Q3 24
682K
+10.1%
Q4 24
716K
+5.1%
Q1 25
810K
+13.0%
Q2 25
910K
+12.4%
Q3 25
14K
-98.4%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
—
—
FY 15
$0
21
FY 16
$0
67
FY 17
$70K
30
FY 18
$73K
61
FY 19
$212K
23
FY 20
$5K
21
FY 21
$8K
23
FY 22
$133
30
FY 23
$472
53
FY 24
$0
11
marketcaparena.com