StockDriftsAMERICAN BATTERY TECHNOLOGY Co · ABAT · 8-K · Filed
FY26 revenue up 407% to $21.7M, adjusted gross profit turns positive
ABAT
8-K
Earnings
Source: SEC EDGAR, accession 0001493152-26-042948 · Items 2.02, 9.01
What did AMERICAN BATTERY TECHNOLOGY Co announce?
FY2026 revenue rose 407% to $21.7 million and adjusted gross profit turned positive at $1.7 million, though net loss widened to $73.4 million.
Key details
- GAAP gross loss of $3.1 million on cost of goods sold of $24.8 million (up 67% from $14.9 million); non-GAAP adjusted gross profit was positive $1.7 million versus an adjusted gross loss of $6.2 million in FY2025
- Cash and cash equivalents rose to $49.5 million at June 30, 2026 from $7.5 million a year earlier; total assets $132.8 million versus $84.5 million; no outstanding debt at year end
- Net loss attributable to common stockholders widened to $73.4 million, or $0.58 per diluted share, from $46.8 million; G&A rose to $51.6 million and R&D to $17.9 million
- Selected to recycle batteries from the largest US lithium-ion battery cleanup project, an estimated $30 million opportunity; continued progress under a $150 million DOE grant for a second recycling facility and reinstatement of a $57.7 million DOE cooperative agreement
Reported results
| Measure | Reported |
|---|---|
| Period | FY2026 |
| Revenue | $21.74M |
| Revenue, year ago | $4.29M |
| Revenue growth, YoY | +406.8% |
| Gross margin | -14.2% |
| Diluted EPS | $-0.58 |
| Reporting currency | USD |
Figures as reported by AMERICAN BATTERY TECHNOLOGY Co in this filing, in USD. Year-over-year growth is calculated from the two revenue lines above.
Why it matters
This 8-K reports a results announcement at AMERICAN BATTERY TECHNOLOGY Co. The likely share-price reaction reads as positive.
Bullish