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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and Hyperfine, Inc. (HYPR). Click either name above to swap in a different company.
Hyperfine, Inc. is the larger business by last-quarter revenue ($5.3M vs $4.8M, roughly 1.1× AMERICAN BATTERY TECHNOLOGY Co). Hyperfine, Inc. runs the higher net margin — -111.7% vs -195.0%, a 83.3% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 128.0%).
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.
Hyperfine, Inc. develops and commercializes innovative portable low-field magnetic resonance imaging (MRI) systems for medical diagnostic use. Its solutions deliver accessible, cost-effective imaging for healthcare providers across acute care, rural clinics, pediatric care, and other underserved clinical settings worldwide.
ABAT vs HYPR — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.8M | $5.3M |
| Net Profit | $-9.3M | $-5.9M |
| Gross Margin | -33.6% | 50.9% |
| Operating Margin | -207.5% | -144.9% |
| Net Margin | -195.0% | -111.7% |
| Revenue YoY | 1331.8% | 128.0% |
| Net Profit YoY | 30.7% | 43.1% |
| EPS (diluted) | $-0.07 | $-0.05 |
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 | $5.3M | ||
| Q3 25 | $937.6K | $3.4M | ||
| Q2 25 | $2.8M | $2.7M | ||
| Q1 25 | $980.0K | $2.1M | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | — | $3.6M | ||
| Q2 24 | — | $3.6M | ||
| Q1 24 | — | $3.3M |
| Q4 25 | $-9.3M | $-5.9M | ||
| Q3 25 | $-10.3M | $-11.0M | ||
| Q2 25 | $-10.2M | $-9.2M | ||
| Q1 25 | $-11.5M | $-9.4M | ||
| Q4 24 | — | $-10.4M | ||
| Q3 24 | — | $-10.3M | ||
| Q2 24 | — | $-10.2M | ||
| Q1 24 | — | $-9.8M |
| Q4 25 | -33.6% | 50.9% | ||
| Q3 25 | -375.1% | 53.8% | ||
| Q2 25 | -92.6% | 49.3% | ||
| Q1 25 | -274.5% | 41.3% | ||
| Q4 24 | — | 35.6% | ||
| Q3 24 | — | 52.4% | ||
| Q2 24 | — | 49.7% | ||
| Q1 24 | — | 41.1% |
| Q4 25 | -207.5% | -144.9% | ||
| Q3 25 | -1080.8% | -259.5% | ||
| Q2 25 | -280.1% | -355.9% | ||
| Q1 25 | -1086.3% | -510.2% | ||
| Q4 24 | — | -463.8% | ||
| Q3 24 | — | -300.9% | ||
| Q2 24 | — | -298.7% | ||
| Q1 24 | — | -323.2% |
| Q4 25 | -195.0% | -111.7% | ||
| Q3 25 | -1098.5% | -320.6% | ||
| Q2 25 | -366.4% | -342.2% | ||
| Q1 25 | -1173.1% | -440.7% | ||
| Q4 24 | — | -447.7% | ||
| Q3 24 | — | -283.4% | ||
| Q2 24 | — | -279.7% | ||
| Q1 24 | — | -298.9% |
| Q4 25 | $-0.07 | $-0.05 | ||
| Q3 25 | $-0.09 | $-0.14 | ||
| Q2 25 | $-0.09 | $-0.12 | ||
| Q1 25 | $-0.14 | $-0.12 | ||
| Q4 24 | — | $-0.14 | ||
| Q3 24 | — | $-0.14 | ||
| Q2 24 | — | $-0.14 | ||
| Q1 24 | — | $-0.14 |
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 | $35.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $119.0M | $41.0M |
| Total Assets | $123.3M | $55.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $35.1M | ||
| Q3 25 | $30.9M | $21.6M | ||
| Q2 25 | $7.5M | $25.4M | ||
| Q1 25 | $7.8M | $33.1M | ||
| Q4 24 | — | $37.6M | ||
| Q3 24 | — | $45.8M | ||
| Q2 24 | — | $53.8M | ||
| Q1 24 | — | $63.2M |
| Q4 25 | $119.0M | $41.0M | ||
| Q3 25 | $96.0M | $26.9M | ||
| Q2 25 | $70.6M | $35.1M | ||
| Q1 25 | $65.6M | $43.1M | ||
| Q4 24 | — | $49.0M | ||
| Q3 24 | — | $58.3M | ||
| Q2 24 | — | $66.8M | ||
| Q1 24 | — | $75.6M |
| Q4 25 | $123.3M | $55.3M | ||
| Q3 25 | $101.5M | $41.5M | ||
| Q2 25 | $84.5M | $45.2M | ||
| Q1 25 | $76.5M | $53.4M | ||
| Q4 24 | — | $58.9M | ||
| Q3 24 | — | $69.4M | ||
| Q2 24 | — | $76.6M | ||
| Q1 24 | — | $85.4M |
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 | $-5.2M |
| Free Cash FlowOCF − Capex | — | $-5.3M |
| FCF MarginFCF / Revenue | — | -99.6% |
| Capex IntensityCapex / Revenue | — | 1.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-29.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | $-5.2M | ||
| Q3 25 | $-7.1M | $-5.6M | ||
| Q2 25 | — | $-7.9M | ||
| Q1 25 | $-10.3M | $-9.2M | ||
| Q4 24 | — | $-8.4M | ||
| Q3 24 | — | $-8.5M | ||
| Q2 24 | — | $-9.4M | ||
| Q1 24 | — | $-12.5M |
| Q4 25 | — | $-5.3M | ||
| Q3 25 | — | $-5.7M | ||
| Q2 25 | — | $-8.4M | ||
| Q1 25 | — | $-9.7M | ||
| Q4 24 | — | $-8.4M | ||
| Q3 24 | — | $-8.7M | ||
| Q2 24 | — | $-9.5M | ||
| Q1 24 | — | $-12.7M |
| Q4 25 | — | -99.6% | ||
| Q3 25 | — | -166.2% | ||
| Q2 25 | — | -312.7% | ||
| Q1 25 | — | -454.9% | ||
| Q4 24 | — | -360.4% | ||
| Q3 24 | — | -238.2% | ||
| Q2 24 | — | -260.4% | ||
| Q1 24 | — | -384.1% |
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 19.3% | ||
| Q1 25 | — | 22.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 4.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ABAT
Segment breakdown not available.
HYPR
| Products | $4.9M | 92% |
| Other | $436.0K | 8% |
