vs
Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and Albemarle Corporation (ALB). Click either name above to swap in a different company.
Albemarle Corporation is the larger business by last-quarter revenue ($1.4B vs $4.8M, roughly 300.0× AMERICAN BATTERY TECHNOLOGY Co). Albemarle Corporation runs the higher net margin — -29.0% vs -195.0%, a 166.0% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 15.9%).
American Battery Technology Company, formerly American Battery Metals Corporation, is a US-based battery recycling technology startup founded in 2011. It employs a hydrometallurgical process to recycle batteries and a targeted extraction system to extract raw materials from primary resources.
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...
ABAT vs ALB — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.8M | $1.4B |
| Net Profit | $-9.3M | $-414.2M |
| Gross Margin | -33.6% | 13.9% |
| Operating Margin | -207.5% | -15.2% |
| Net Margin | -195.0% | -29.0% |
| Revenue YoY | 1331.8% | 15.9% |
| Net Profit YoY | 30.7% | -650.1% |
| EPS (diluted) | $-0.07 | $-3.88 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $4.8M | $1.4B | ||
| Q3 25 | $937.6K | $1.3B | ||
| Q2 25 | $2.8M | $1.3B | ||
| Q1 25 | $980.0K | $1.1B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
| Q4 25 | $-9.3M | $-414.2M | ||
| Q3 25 | $-10.3M | $-160.7M | ||
| Q2 25 | $-10.2M | $22.9M | ||
| Q1 25 | $-11.5M | $41.3M | ||
| Q4 24 | — | $75.3M | ||
| Q3 24 | — | $-1.1B | ||
| Q2 24 | — | $-188.2M | ||
| Q1 24 | — | $2.4M |
| Q4 25 | -33.6% | 13.9% | ||
| Q3 25 | -375.1% | 9.0% | ||
| Q2 25 | -92.6% | 14.8% | ||
| Q1 25 | -274.5% | 14.5% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | -7.7% | ||
| Q2 24 | — | -0.7% | ||
| Q1 24 | — | 2.9% |
| Q4 25 | -207.5% | -15.2% | ||
| Q3 25 | -1080.8% | -16.6% | ||
| Q2 25 | -280.1% | 3.6% | ||
| Q1 25 | -1086.3% | 1.8% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | -81.9% | ||
| Q2 24 | — | -34.4% | ||
| Q1 24 | — | -13.2% |
| Q4 25 | -195.0% | -29.0% | ||
| Q3 25 | -1098.5% | -12.3% | ||
| Q2 25 | -366.4% | 1.7% | ||
| Q1 25 | -1173.1% | 3.8% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | -78.9% | ||
| Q2 24 | — | -13.2% | ||
| Q1 24 | — | 0.2% |
| Q4 25 | $-0.07 | $-3.88 | ||
| Q3 25 | $-0.09 | $-1.72 | ||
| Q2 25 | $-0.09 | $-0.16 | ||
| Q1 25 | $-0.14 | $0.00 | ||
| Q4 24 | — | $0.29 | ||
| Q3 24 | — | $-9.45 | ||
| Q2 24 | — | $-1.96 | ||
| Q1 24 | — | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $47.9M | — |
| Total DebtLower is stronger | — | $3.2B |
| Stockholders' EquityBook value | $119.0M | $9.5B |
| Total Assets | $123.3M | $16.4B |
| Debt / EquityLower = less leverage | — | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | — | ||
| Q3 25 | $30.9M | $1.9B | ||
| Q2 25 | $7.5M | $1.8B | ||
| Q1 25 | $7.8M | $1.5B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $2.1B |
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | $119.0M | $9.5B | ||
| Q3 25 | $96.0M | $10.0B | ||
| Q2 25 | $70.6M | $10.2B | ||
| Q1 25 | $65.6M | $10.0B | ||
| Q4 24 | — | $10.0B | ||
| Q3 24 | — | $10.2B | ||
| Q2 24 | — | $11.2B | ||
| Q1 24 | — | $11.5B |
| Q4 25 | $123.3M | $16.4B | ||
| Q3 25 | $101.5M | $17.1B | ||
| Q2 25 | $84.5M | $17.3B | ||
| Q1 25 | $76.5M | $17.0B | ||
| Q4 24 | — | $16.6B | ||
| Q3 24 | — | $17.5B | ||
| Q2 24 | — | $18.4B | ||
| Q1 24 | — | $19.0B |
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.31× | ||
| Q1 24 | — | 0.31× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-9.8M | $388.5M |
| Free Cash FlowOCF − Capex | — | $233.1M |
| FCF MarginFCF / Revenue | — | 16.3% |
| Capex IntensityCapex / Revenue | — | 10.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $692.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | $388.5M | ||
| Q3 25 | $-7.1M | $355.6M | ||
| Q2 25 | — | $-7.2M | ||
| Q1 25 | $-10.3M | $545.4M | ||
| Q4 24 | — | $674.0K | ||
| Q3 24 | — | $240.5M | ||
| Q2 24 | — | $362.9M | ||
| Q1 24 | — | $98.0M |
| Q4 25 | — | $233.1M | ||
| Q3 25 | — | $223.4M | ||
| Q2 25 | — | $-126.8M | ||
| Q1 25 | — | $362.8M | ||
| Q4 24 | — | $-355.1M | ||
| Q3 24 | — | $-62.6M | ||
| Q2 24 | — | $-84.7M | ||
| Q1 24 | — | $-481.4M |
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 17.1% | ||
| Q2 25 | — | -9.5% | ||
| Q1 25 | — | 33.7% | ||
| Q4 24 | — | -28.8% | ||
| Q3 24 | — | -4.6% | ||
| Q2 24 | — | -5.9% | ||
| Q1 24 | — | -35.4% |
| Q4 25 | — | 10.9% | ||
| Q3 25 | — | 10.1% | ||
| Q2 25 | — | 9.0% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | — | 28.9% | ||
| Q3 24 | — | 22.4% | ||
| Q2 24 | — | 31.3% | ||
| Q1 24 | — | 42.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.31× | ||
| Q1 25 | — | 13.19× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 40.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ABAT
Segment breakdown not available.
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
