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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and ELBIT SYSTEMS LTD (ESLT). Click either name above to swap in a different company.

ELBIT SYSTEMS LTD is the larger business by last-quarter revenue ($5.8M vs $4.8M, roughly 1.2× AMERICAN BATTERY TECHNOLOGY Co). ELBIT SYSTEMS LTD runs the higher net margin — 6.3% vs -195.0%, a 201.3% gap on every dollar of revenue.

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.

Elbit Systems Ltd. is an Israel-based international military technology company and defense contractor. Founded in 1966 by Elron, Elbit Systems is the primary provider of the Israeli military's land-based equipment and unmanned aerial vehicles. It is an important company within the defense industry of Israel.

ABAT vs ESLT — Head-to-Head

Bigger by revenue
ESLT
ESLT
1.2× larger
ESLT
$5.8M
$4.8M
ABAT
Higher net margin
ESLT
ESLT
201.3% more per $
ESLT
6.3%
-195.0%
ABAT

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
ABAT
ABAT
ESLT
ESLT
Revenue
$4.8M
$5.8M
Net Profit
$-9.3M
$367.1K
Gross Margin
-33.6%
24.3%
Operating Margin
-207.5%
8.3%
Net Margin
-195.0%
6.3%
Revenue YoY
1331.8%
Net Profit YoY
30.7%
EPS (diluted)
$-0.07
$7.85

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
ESLT
ESLT
Q4 25
$4.8M
Q3 25
$937.6K
$5.8M
Q2 25
$2.8M
Q1 25
$980.0K
Net Profit
ABAT
ABAT
ESLT
ESLT
Q4 25
$-9.3M
Q3 25
$-10.3M
$367.1K
Q2 25
$-10.2M
Q1 25
$-11.5M
Gross Margin
ABAT
ABAT
ESLT
ESLT
Q4 25
-33.6%
Q3 25
-375.1%
24.3%
Q2 25
-92.6%
Q1 25
-274.5%
Operating Margin
ABAT
ABAT
ESLT
ESLT
Q4 25
-207.5%
Q3 25
-1080.8%
8.3%
Q2 25
-280.1%
Q1 25
-1086.3%
Net Margin
ABAT
ABAT
ESLT
ESLT
Q4 25
-195.0%
Q3 25
-1098.5%
6.3%
Q2 25
-366.4%
Q1 25
-1173.1%
EPS (diluted)
ABAT
ABAT
ESLT
ESLT
Q4 25
$-0.07
Q3 25
$-0.09
$7.85
Q2 25
$-0.09
Q1 25
$-0.14

Balance Sheet & Financial Strength

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

Metric
ABAT
ABAT
ESLT
ESLT
Cash + ST InvestmentsLiquidity on hand
$47.9M
$265.4K
Total DebtLower is stronger
$90.7K
Stockholders' EquityBook value
$119.0M
$3.3M
Total Assets
$123.3M
$11.0M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
ESLT
ESLT
Q4 25
$47.9M
Q3 25
$30.9M
$265.4K
Q2 25
$7.5M
Q1 25
$7.8M
Total Debt
ABAT
ABAT
ESLT
ESLT
Q4 25
Q3 25
$90.7K
Q2 25
Q1 25
Stockholders' Equity
ABAT
ABAT
ESLT
ESLT
Q4 25
$119.0M
Q3 25
$96.0M
$3.3M
Q2 25
$70.6M
Q1 25
$65.6M
Total Assets
ABAT
ABAT
ESLT
ESLT
Q4 25
$123.3M
Q3 25
$101.5M
$11.0M
Q2 25
$84.5M
Q1 25
$76.5M
Debt / Equity
ABAT
ABAT
ESLT
ESLT
Q4 25
Q3 25
0.03×
Q2 25
Q1 25

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
ESLT
ESLT
Operating Cash FlowLast quarter
$-9.8M
$534.6K
Free Cash FlowOCF − Capex
$319.6K
FCF MarginFCF / Revenue
5.5%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABAT
ABAT
ESLT
ESLT
Q4 25
$-9.8M
Q3 25
$-7.1M
$534.6K
Q2 25
Q1 25
$-10.3M
Free Cash Flow
ABAT
ABAT
ESLT
ESLT
Q4 25
Q3 25
$319.6K
Q2 25
Q1 25
FCF Margin
ABAT
ABAT
ESLT
ESLT
Q4 25
Q3 25
5.5%
Q2 25
Q1 25
Capex Intensity
ABAT
ABAT
ESLT
ESLT
Q4 25
Q3 25
3.7%
Q2 25
Q1 25
Cash Conversion
ABAT
ABAT
ESLT
ESLT
Q4 25
Q3 25
1.46×
Q2 25
Q1 25

Financial Flow Comparison

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

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