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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and BTCS Inc. (BTCS). Click either name above to swap in a different company.
BTCS Inc. is the larger business by last-quarter revenue ($7.1M vs $4.8M, roughly 1.5× AMERICAN BATTERY TECHNOLOGY Co). On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 205.5%).
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.
ABAT vs BTCS — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.8M | $7.1M |
| Net Profit | $-9.3M | — |
| Gross Margin | -33.6% | 12.4% |
| Operating Margin | -207.5% | — |
| Net Margin | -195.0% | — |
| Revenue YoY | 1331.8% | 205.5% |
| Net Profit YoY | 30.7% | — |
| EPS (diluted) | $-0.07 | $-1.58 |
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 | $7.1M | ||
| Q3 25 | $937.6K | $4.9M | ||
| Q2 25 | $2.8M | $2.8M | ||
| Q1 25 | $980.0K | $1.7M | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | — | $739.2K | ||
| Q2 24 | — | $561.2K | ||
| Q1 24 | — | $451.4K |
| Q4 25 | $-9.3M | — | ||
| Q3 25 | $-10.3M | $65.6M | ||
| Q2 25 | $-10.2M | $3.9M | ||
| Q1 25 | $-11.5M | $-17.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-9.0M | ||
| Q2 24 | — | $-6.7M | ||
| Q1 24 | — | $12.3M |
| Q4 25 | -33.6% | 12.4% | ||
| Q3 25 | -375.1% | 22.0% | ||
| Q2 25 | -92.6% | -2.9% | ||
| Q1 25 | -274.5% | 7.1% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 69.9% | ||
| Q1 24 | — | 64.4% |
| Q4 25 | -207.5% | — | ||
| Q3 25 | -1080.8% | — | ||
| Q2 25 | -280.1% | — | ||
| Q1 25 | -1086.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -195.0% | — | ||
| Q3 25 | -1098.5% | 1328.1% | ||
| Q2 25 | -366.4% | 140.0% | ||
| Q1 25 | -1173.1% | -1022.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -1223.0% | ||
| Q2 24 | — | -1198.9% | ||
| Q1 24 | — | 2715.3% |
| Q4 25 | $-0.07 | $-1.58 | ||
| Q3 25 | $-0.09 | $1.30 | ||
| Q2 25 | $-0.09 | $0.14 | ||
| Q1 25 | $-0.14 | $-0.86 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $-0.56 | ||
| Q2 24 | — | $-0.43 | ||
| Q1 24 | — | $0.63 |
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 | $1.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $119.0M | $139.4M |
| Total Assets | $123.3M | $214.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $1.5M | ||
| Q3 25 | $30.9M | $4.5M | ||
| Q2 25 | $7.5M | $639.2K | ||
| Q1 25 | $7.8M | $269.9K | ||
| Q4 24 | — | $2.0M | ||
| Q3 24 | — | $254.5K | ||
| Q2 24 | — | $536.7K | ||
| Q1 24 | — | $670.6K |
| Q4 25 | $119.0M | $139.4M | ||
| Q3 25 | $96.0M | $225.4M | ||
| Q2 25 | $70.6M | $31.1M | ||
| Q1 25 | $65.6M | $20.6M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | — | $25.2M | ||
| Q2 24 | — | $33.1M | ||
| Q1 24 | — | $39.3M |
| Q4 25 | $123.3M | $214.6M | ||
| Q3 25 | $101.5M | $298.9M | ||
| Q2 25 | $84.5M | $40.8M | ||
| Q1 25 | $76.5M | $21.0M | ||
| Q4 24 | — | $38.2M | ||
| Q3 24 | — | $26.5M | ||
| Q2 24 | — | $33.8M | ||
| Q1 24 | — | $39.5M |
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 | $-9.8M |
| Free Cash FlowOCF − Capex | — | $-9.8M |
| FCF MarginFCF / Revenue | — | -138.1% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-15.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | $-9.8M | ||
| Q3 25 | $-7.1M | $-2.8M | ||
| Q2 25 | — | $-1.3M | ||
| Q1 25 | $-10.3M | $-1.9M | ||
| Q4 24 | — | $-3.5M | ||
| Q3 24 | — | $-695.2K | ||
| Q2 24 | — | $-924.1K | ||
| Q1 24 | — | $-769.0K |
| Q4 25 | — | $-9.8M | ||
| Q3 25 | — | $-2.8M | ||
| Q2 25 | — | $-1.3M | ||
| Q1 25 | — | $-1.9M | ||
| Q4 24 | — | $-3.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | -138.1% | ||
| Q3 25 | — | -56.7% | ||
| Q2 25 | — | -48.2% | ||
| Q1 25 | — | -112.7% | ||
| Q4 24 | — | -152.2% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -0.04× | ||
| Q2 25 | — | -0.34× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ABAT
Segment breakdown not available.
BTCS
| Builder Plus | $5.9M | 83% |
| Other | $1.2M | 17% |
