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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and DBV Technologies S.A. (DBVT). Click either name above to swap in a different company.

AMERICAN BATTERY TECHNOLOGY Co is the larger business by last-quarter revenue ($4.8M vs $2.8M, roughly 1.7× DBV Technologies S.A.). AMERICAN BATTERY TECHNOLOGY Co runs the higher net margin — -195.0% vs -1195.5%, a 1000.5% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 158.8%).

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.

DBV Technologies SA is a publicly owned French biopharmaceutical firm headquartered in Bagneux, France. DBV Technologies is known for developing "Viaskin" technology for administering allergens or antigens to intact skin while avoiding any transfer to the blood. Viaskin Peanut clinical development has received Fast Track designation from the US Food and Drug Administration.

ABAT vs DBVT — Head-to-Head

Bigger by revenue
ABAT
ABAT
1.7× larger
ABAT
$4.8M
$2.8M
DBVT
Growing faster (revenue YoY)
ABAT
ABAT
+1173.0% gap
ABAT
1331.8%
158.8%
DBVT
Higher net margin
ABAT
ABAT
1000.5% more per $
ABAT
-195.0%
-1195.5%
DBVT

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
ABAT
ABAT
DBVT
DBVT
Revenue
$4.8M
$2.8M
Net Profit
$-9.3M
$-33.2M
Gross Margin
-33.6%
Operating Margin
-207.5%
-1235.7%
Net Margin
-195.0%
-1195.5%
Revenue YoY
1331.8%
158.8%
Net Profit YoY
30.7%
-8.9%
EPS (diluted)
$-0.07
$-0.24

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.

Revenue
ABAT
ABAT
DBVT
DBVT
Q4 25
$4.8M
Q3 25
$937.6K
$2.8M
Q2 25
$2.8M
$1.5M
Q1 25
$980.0K
Q2 24
$1.2M
Q1 24
$1.4M
Q4 23
$8.9M
Q3 23
$2.4M
Net Profit
ABAT
ABAT
DBVT
DBVT
Q4 25
$-9.3M
Q3 25
$-10.3M
$-33.2M
Q2 25
$-10.2M
$-41.9M
Q1 25
$-11.5M
Q2 24
$-33.1M
Q1 24
$-27.3M
Q4 23
$134.3M
Q3 23
$-16.7M
Gross Margin
ABAT
ABAT
DBVT
DBVT
Q4 25
-33.6%
Q3 25
-375.1%
Q2 25
-92.6%
Q1 25
-274.5%
Q2 24
Q1 24
Q4 23
Q3 23
Operating Margin
ABAT
ABAT
DBVT
DBVT
Q4 25
-207.5%
Q3 25
-1080.8%
-1235.7%
Q2 25
-280.1%
-2806.2%
Q1 25
-1086.3%
Q2 24
-2914.9%
Q1 24
-2029.7%
Q4 23
-134.3%
Q3 23
-770.2%
Net Margin
ABAT
ABAT
DBVT
DBVT
Q4 25
-195.0%
Q3 25
-1098.5%
-1195.5%
Q2 25
-366.4%
-2858.4%
Q1 25
-1173.1%
Q2 24
-2852.4%
Q1 24
-1943.5%
Q4 23
1512.8%
Q3 23
-705.6%
EPS (diluted)
ABAT
ABAT
DBVT
DBVT
Q4 25
$-0.07
Q3 25
$-0.09
$-0.24
Q2 25
$-0.09
$-0.31
Q1 25
$-0.14
Q2 24
$-0.34
Q1 24
$-0.28
Q4 23
$-0.11
Q3 23
$-0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABAT
ABAT
DBVT
DBVT
Cash + ST InvestmentsLiquidity on hand
$47.9M
$69.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.0M
$52.9M
Total Assets
$123.3M
$110.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
DBVT
DBVT
Q4 25
$47.9M
Q3 25
$30.9M
$69.8M
Q2 25
$7.5M
$103.2M
Q1 25
$7.8M
Q2 24
$66.2M
Q1 24
$101.5M
Q4 23
$141.4M
Q3 23
$149.1M
Stockholders' Equity
ABAT
ABAT
DBVT
DBVT
Q4 25
$119.0M
Q3 25
$96.0M
$52.9M
Q2 25
$70.6M
$86.2M
Q1 25
$65.6M
Q2 24
$79.1M
Q1 24
$111.7M
Q4 23
$140.2M
Q3 23
$144.0M
Total Assets
ABAT
ABAT
DBVT
DBVT
Q4 25
$123.3M
Q3 25
$101.5M
$110.5M
Q2 25
$84.5M
$143.4M
Q1 25
$76.5M
Q2 24
$114.2M
Q1 24
$145.9M
Q4 23
$183.0M
Q3 23
$189.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABAT
ABAT
DBVT
DBVT
Operating Cash FlowLast quarter
$-9.8M
$-32.4M
Free Cash FlowOCF − Capex
$-32.6M
FCF MarginFCF / Revenue
-1173.5%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-138.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABAT
ABAT
DBVT
DBVT
Q4 25
$-9.8M
Q3 25
$-7.1M
$-32.4M
Q2 25
$-33.9M
Q1 25
$-10.3M
Q2 24
$-35.1M
Q1 24
$-34.7M
Q4 23
$-13.7M
Q3 23
$-19.6M
Free Cash Flow
ABAT
ABAT
DBVT
DBVT
Q4 25
Q3 25
$-32.6M
Q2 25
$-33.9M
Q1 25
Q2 24
$-35.8M
Q1 24
$-36.0M
Q4 23
$-14.0M
Q3 23
$-19.6M
FCF Margin
ABAT
ABAT
DBVT
DBVT
Q4 25
Q3 25
-1173.5%
Q2 25
-2316.5%
Q1 25
Q2 24
-3084.0%
Q1 24
-2560.6%
Q4 23
-158.2%
Q3 23
-827.3%
Capex Intensity
ABAT
ABAT
DBVT
DBVT
Q4 25
Q3 25
4.2%
Q2 25
2.2%
Q1 25
Q2 24
63.0%
Q1 24
94.9%
Q4 23
4.0%
Q3 23
2.1%
Cash Conversion
ABAT
ABAT
DBVT
DBVT
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
Q1 24
Q4 23
-0.10×
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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