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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and NVE CORP (NVEC). Click either name above to swap in a different company.

NVE CORP is the larger business by last-quarter revenue ($6.2M vs $4.8M, roughly 1.3× AMERICAN BATTERY TECHNOLOGY Co). NVE CORP runs the higher net margin — 54.4% vs -195.0%, a 249.4% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 22.9%).

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.

NVE Corporation develops and manufactures spintronic-based electronic components, including high-performance magnetoresistive sensors, couplers, and signal isolators. Its products are used in industrial automation, automotive systems, medical devices, and IoT applications, serving global original equipment manufacturers and electronic component distributors.

ABAT vs NVEC — Head-to-Head

Bigger by revenue
NVEC
NVEC
1.3× larger
NVEC
$6.2M
$4.8M
ABAT
Growing faster (revenue YoY)
ABAT
ABAT
+1308.8% gap
ABAT
1331.8%
22.9%
NVEC
Higher net margin
NVEC
NVEC
249.4% more per $
NVEC
54.4%
-195.0%
ABAT

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
ABAT
ABAT
NVEC
NVEC
Revenue
$4.8M
$6.2M
Net Profit
$-9.3M
$3.4M
Gross Margin
-33.6%
78.6%
Operating Margin
-207.5%
60.2%
Net Margin
-195.0%
54.4%
Revenue YoY
1331.8%
22.9%
Net Profit YoY
30.7%
11.0%
EPS (diluted)
$-0.07
$0.70

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
NVEC
NVEC
Q4 25
$4.8M
$6.2M
Q3 25
$937.6K
$6.3M
Q2 25
$2.8M
$6.1M
Q1 25
$980.0K
$7.3M
Q4 24
$5.1M
Q3 24
$6.8M
Q2 24
$6.8M
Q1 24
$7.1M
Net Profit
ABAT
ABAT
NVEC
NVEC
Q4 25
$-9.3M
$3.4M
Q3 25
$-10.3M
$3.3M
Q2 25
$-10.2M
$3.6M
Q1 25
$-11.5M
$3.9M
Q4 24
$3.0M
Q3 24
$4.0M
Q2 24
$4.1M
Q1 24
$3.8M
Gross Margin
ABAT
ABAT
NVEC
NVEC
Q4 25
-33.6%
78.6%
Q3 25
-375.1%
78.3%
Q2 25
-92.6%
80.6%
Q1 25
-274.5%
79.2%
Q4 24
84.2%
Q3 24
86.0%
Q2 24
85.6%
Q1 24
75.5%
Operating Margin
ABAT
ABAT
NVEC
NVEC
Q4 25
-207.5%
60.2%
Q3 25
-1080.8%
57.6%
Q2 25
-280.1%
62.0%
Q1 25
-1086.3%
58.4%
Q4 24
58.5%
Q3 24
65.0%
Q2 24
64.7%
Q1 24
57.3%
Net Margin
ABAT
ABAT
NVEC
NVEC
Q4 25
-195.0%
54.4%
Q3 25
-1098.5%
52.2%
Q2 25
-366.4%
58.6%
Q1 25
-1173.1%
53.5%
Q4 24
60.2%
Q3 24
59.6%
Q2 24
60.4%
Q1 24
53.8%
EPS (diluted)
ABAT
ABAT
NVEC
NVEC
Q4 25
$-0.07
$0.70
Q3 25
$-0.09
$0.68
Q2 25
$-0.09
$0.74
Q1 25
$-0.14
$0.80
Q4 24
$0.63
Q3 24
$0.83
Q2 24
$0.85
Q1 24
$0.78

Balance Sheet & Financial Strength

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

Metric
ABAT
ABAT
NVEC
NVEC
Cash + ST InvestmentsLiquidity on hand
$47.9M
$20.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.0M
$58.3M
Total Assets
$123.3M
$60.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
NVEC
NVEC
Q4 25
$47.9M
$20.6M
Q3 25
$30.9M
$17.7M
Q2 25
$7.5M
$15.8M
Q1 25
$7.8M
$21.7M
Q4 24
$20.4M
Q3 24
$22.9M
Q2 24
$21.7M
Q1 24
$22.2M
Stockholders' Equity
ABAT
ABAT
NVEC
NVEC
Q4 25
$119.0M
$58.3M
Q3 25
$96.0M
$59.7M
Q2 25
$70.6M
$61.1M
Q1 25
$65.6M
$62.3M
Q4 24
$63.0M
Q3 24
$64.9M
Q2 24
$64.9M
Q1 24
$65.6M
Total Assets
ABAT
ABAT
NVEC
NVEC
Q4 25
$123.3M
$60.0M
Q3 25
$101.5M
$61.5M
Q2 25
$84.5M
$63.6M
Q1 25
$76.5M
$64.3M
Q4 24
$64.6M
Q3 24
$65.9M
Q2 24
$66.7M
Q1 24
$66.8M

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
NVEC
NVEC
Operating Cash FlowLast quarter
$-9.8M
$4.2M
Free Cash FlowOCF − Capex
$-4.8M
FCF MarginFCF / Revenue
-77.0%
Capex IntensityCapex / Revenue
144.3%
Cash ConversionOCF / Net Profit
1.24×
TTM Free Cash FlowTrailing 4 quarters
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABAT
ABAT
NVEC
NVEC
Q4 25
$-9.8M
$4.2M
Q3 25
$-7.1M
$2.8M
Q2 25
$5.2M
Q1 25
$-10.3M
$2.5M
Q4 24
$3.8M
Q3 24
$2.1M
Q2 24
$5.9M
Q1 24
$3.1M
Free Cash Flow
ABAT
ABAT
NVEC
NVEC
Q4 25
$-4.8M
Q3 25
$2.7M
Q2 25
$4.1M
Q1 25
$-7.5M
Q4 24
$-6.3M
Q3 24
$1.9M
Q2 24
$4.9M
Q1 24
FCF Margin
ABAT
ABAT
NVEC
NVEC
Q4 25
-77.0%
Q3 25
42.9%
Q2 25
67.7%
Q1 25
-103.7%
Q4 24
-124.7%
Q3 24
28.5%
Q2 24
72.8%
Q1 24
Capex Intensity
ABAT
ABAT
NVEC
NVEC
Q4 25
144.3%
Q3 25
1.1%
Q2 25
17.3%
Q1 25
137.9%
Q4 24
200.6%
Q3 24
3.1%
Q2 24
13.5%
Q1 24
0.0%
Cash Conversion
ABAT
ABAT
NVEC
NVEC
Q4 25
1.24×
Q3 25
0.84×
Q2 25
1.45×
Q1 25
0.64×
Q4 24
1.26×
Q3 24
0.53×
Q2 24
1.43×
Q1 24
0.82×

Financial Flow Comparison

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

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