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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and Ouster, Inc. (OUST). Click either name above to swap in a different company.

Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $4.8M, roughly 13.1× AMERICAN BATTERY TECHNOLOGY Co). On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 106.6%).

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.

Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.

ABAT vs OUST — Head-to-Head

Bigger by revenue
OUST
OUST
13.1× larger
OUST
$62.2M
$4.8M
ABAT
Growing faster (revenue YoY)
ABAT
ABAT
+1225.2% gap
ABAT
1331.8%
106.6%
OUST

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ABAT
ABAT
OUST
OUST
Revenue
$4.8M
$62.2M
Net Profit
$-9.3M
Gross Margin
-33.6%
60.2%
Operating Margin
-207.5%
1.5%
Net Margin
-195.0%
Revenue YoY
1331.8%
106.6%
Net Profit YoY
30.7%
EPS (diluted)
$-0.07
$0.10

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
OUST
OUST
Q4 25
$4.8M
$62.2M
Q3 25
$937.6K
$39.5M
Q2 25
$2.8M
$35.0M
Q1 25
$980.0K
$32.6M
Q4 24
$30.1M
Q3 24
$28.1M
Q2 24
$27.0M
Q1 24
$25.9M
Net Profit
ABAT
ABAT
OUST
OUST
Q4 25
$-9.3M
Q3 25
$-10.3M
$-21.7M
Q2 25
$-10.2M
$-20.6M
Q1 25
$-11.5M
$-22.0M
Q4 24
Q3 24
$-25.6M
Q2 24
$-23.9M
Q1 24
$-23.8M
Gross Margin
ABAT
ABAT
OUST
OUST
Q4 25
-33.6%
60.2%
Q3 25
-375.1%
42.1%
Q2 25
-92.6%
45.2%
Q1 25
-274.5%
41.3%
Q4 24
43.8%
Q3 24
38.3%
Q2 24
33.7%
Q1 24
28.6%
Operating Margin
ABAT
ABAT
OUST
OUST
Q4 25
-207.5%
1.5%
Q3 25
-1080.8%
-61.4%
Q2 25
-280.1%
-76.5%
Q1 25
-1086.3%
-73.0%
Q4 24
-85.1%
Q3 24
-98.0%
Q2 24
-93.6%
Q1 24
-99.5%
Net Margin
ABAT
ABAT
OUST
OUST
Q4 25
-195.0%
Q3 25
-1098.5%
-55.0%
Q2 25
-366.4%
-58.8%
Q1 25
-1173.1%
-67.5%
Q4 24
Q3 24
-91.1%
Q2 24
-88.4%
Q1 24
-91.9%
EPS (diluted)
ABAT
ABAT
OUST
OUST
Q4 25
$-0.07
$0.10
Q3 25
$-0.09
$-0.37
Q2 25
$-0.09
$-0.38
Q1 25
$-0.14
$-0.42
Q4 24
$-0.46
Q3 24
$-0.54
Q2 24
$-0.53
Q1 24
$-0.55

Balance Sheet & Financial Strength

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

Metric
ABAT
ABAT
OUST
OUST
Cash + ST InvestmentsLiquidity on hand
$47.9M
$208.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.0M
$261.7M
Total Assets
$123.3M
$349.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
OUST
OUST
Q4 25
$47.9M
$208.6M
Q3 25
$30.9M
$244.5M
Q2 25
$7.5M
$226.5M
Q1 25
$7.8M
$168.2M
Q4 24
$172.0M
Q3 24
$151.4M
Q2 24
$184.2M
Q1 24
$187.8M
Stockholders' Equity
ABAT
ABAT
OUST
OUST
Q4 25
$119.0M
$261.7M
Q3 25
$96.0M
$247.4M
Q2 25
$70.6M
$221.0M
Q1 25
$65.6M
$167.9M
Q4 24
$180.9M
Q3 24
$171.7M
Q2 24
$170.6M
Q1 24
$167.2M
Total Assets
ABAT
ABAT
OUST
OUST
Q4 25
$123.3M
$349.5M
Q3 25
$101.5M
$353.8M
Q2 25
$84.5M
$321.8M
Q1 25
$76.5M
$268.6M
Q4 24
$276.1M
Q3 24
$255.2M
Q2 24
$309.9M
Q1 24
$317.7M

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
OUST
OUST
Operating Cash FlowLast quarter
$-9.8M
$-15.4M
Free Cash FlowOCF − Capex
$-37.2M
FCF MarginFCF / Revenue
-59.8%
Capex IntensityCapex / Revenue
35.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABAT
ABAT
OUST
OUST
Q4 25
$-9.8M
$-15.4M
Q3 25
$-7.1M
$-18.3M
Q2 25
$-1.3M
Q1 25
$-10.3M
$-4.9M
Q4 24
$-2.6M
Q3 24
$-3.8M
Q2 24
$-21.6M
Q1 24
$-5.7M
Free Cash Flow
ABAT
ABAT
OUST
OUST
Q4 25
$-37.2M
Q3 25
$-20.0M
Q2 25
$-2.2M
Q1 25
$-5.4M
Q4 24
$-4.0M
Q3 24
$-4.3M
Q2 24
$-22.0M
Q1 24
$-7.1M
FCF Margin
ABAT
ABAT
OUST
OUST
Q4 25
-59.8%
Q3 25
-50.7%
Q2 25
-6.3%
Q1 25
-16.6%
Q4 24
-13.3%
Q3 24
-15.4%
Q2 24
-81.5%
Q1 24
-27.4%
Capex Intensity
ABAT
ABAT
OUST
OUST
Q4 25
35.0%
Q3 25
4.3%
Q2 25
2.5%
Q1 25
1.7%
Q4 24
4.8%
Q3 24
2.0%
Q2 24
1.3%
Q1 24
5.3%

Financial Flow Comparison

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

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