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

Taysha Gene Therapies, Inc. is the larger business by last-quarter revenue ($5.5M vs $4.8M, roughly 1.2× AMERICAN BATTERY TECHNOLOGY Co). AMERICAN BATTERY TECHNOLOGY Co runs the higher net margin — -195.0% vs -507.8%, a 312.8% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 171.3%).

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.

Taysha Gene Therapies, Inc. is a clinical-stage biotechnology company specializing in developing adeno-associated virus (AAV)-based gene therapies for rare monogenic central nervous system disorders with high unmet medical needs. Its core pipeline targets serious life-threatening neurological conditions, with primary operations and market focus across North America and European regions.

ABAT vs TSHA — Head-to-Head

Bigger by revenue
TSHA
TSHA
1.2× larger
TSHA
$5.5M
$4.8M
ABAT
Growing faster (revenue YoY)
ABAT
ABAT
+1160.5% gap
ABAT
1331.8%
171.3%
TSHA
Higher net margin
ABAT
ABAT
312.8% more per $
ABAT
-195.0%
-507.8%
TSHA

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ABAT
ABAT
TSHA
TSHA
Revenue
$4.8M
$5.5M
Net Profit
$-9.3M
$-27.9M
Gross Margin
-33.6%
Operating Margin
-207.5%
-516.0%
Net Margin
-195.0%
-507.8%
Revenue YoY
1331.8%
171.3%
Net Profit YoY
30.7%
-48.3%
EPS (diluted)
$-0.07
$-0.08

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
TSHA
TSHA
Q4 25
$4.8M
$5.5M
Q3 25
$937.6K
$0
Q2 25
$2.8M
$2.0M
Q1 25
$980.0K
$2.3M
Q4 24
$2.0M
Q3 24
$1.8M
Q2 24
$1.1M
Q1 24
$3.4M
Net Profit
ABAT
ABAT
TSHA
TSHA
Q4 25
$-9.3M
$-27.9M
Q3 25
$-10.3M
$-32.7M
Q2 25
$-10.2M
$-26.9M
Q1 25
$-11.5M
$-21.5M
Q4 24
$-18.8M
Q3 24
$-25.5M
Q2 24
$-20.9M
Q1 24
$-24.1M
Gross Margin
ABAT
ABAT
TSHA
TSHA
Q4 25
-33.6%
Q3 25
-375.1%
Q2 25
-92.6%
Q1 25
-274.5%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
ABAT
ABAT
TSHA
TSHA
Q4 25
-207.5%
-516.0%
Q3 25
-1080.8%
Q2 25
-280.1%
-1347.1%
Q1 25
-1086.3%
-930.5%
Q4 24
-985.8%
Q3 24
-1448.4%
Q2 24
-1915.4%
Q1 24
-713.3%
Net Margin
ABAT
ABAT
TSHA
TSHA
Q4 25
-195.0%
-507.8%
Q3 25
-1098.5%
Q2 25
-366.4%
-1353.6%
Q1 25
-1173.1%
-935.2%
Q4 24
-929.0%
Q3 24
-1427.5%
Q2 24
-1882.0%
Q1 24
-705.4%
EPS (diluted)
ABAT
ABAT
TSHA
TSHA
Q4 25
$-0.07
$-0.08
Q3 25
$-0.09
$-0.09
Q2 25
$-0.09
$-0.09
Q1 25
$-0.14
$-0.08
Q4 24
$-0.07
Q3 24
$-0.10
Q2 24
$-0.09
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
ABAT
ABAT
TSHA
TSHA
Cash + ST InvestmentsLiquidity on hand
$47.9M
$319.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.0M
$246.9M
Total Assets
$123.3M
$343.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
TSHA
TSHA
Q4 25
$47.9M
$319.8M
Q3 25
$30.9M
$297.3M
Q2 25
$7.5M
$312.8M
Q1 25
$7.8M
$116.6M
Q4 24
$139.0M
Q3 24
$157.7M
Q2 24
$172.7M
Q1 24
$124.0M
Stockholders' Equity
ABAT
ABAT
TSHA
TSHA
Q4 25
$119.0M
$246.9M
Q3 25
$96.0M
$219.0M
Q2 25
$70.6M
$248.7M
Q1 25
$65.6M
$55.1M
Q4 24
$71.5M
Q3 24
$88.8M
Q2 24
$108.9M
Q1 24
$53.8M
Total Assets
ABAT
ABAT
TSHA
TSHA
Q4 25
$123.3M
$343.3M
Q3 25
$101.5M
$316.6M
Q2 25
$84.5M
$333.3M
Q1 25
$76.5M
$138.4M
Q4 24
$160.4M
Q3 24
$180.2M
Q2 24
$200.4M
Q1 24
$153.0M

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
TSHA
TSHA
Operating Cash FlowLast quarter
$-9.8M
$-26.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABAT
ABAT
TSHA
TSHA
Q4 25
$-9.8M
$-26.7M
Q3 25
$-7.1M
$-24.2M
Q2 25
$-20.2M
Q1 25
$-10.3M
$-22.0M
Q4 24
$-18.3M
Q3 24
$-21.6M
Q2 24
$-21.5M
Q1 24
$-19.8M
Free Cash Flow
ABAT
ABAT
TSHA
TSHA
Q4 25
Q3 25
$-24.3M
Q2 25
Q1 25
Q4 24
$-18.3M
Q3 24
$-21.6M
Q2 24
$-21.7M
Q1 24
$-19.9M
FCF Margin
ABAT
ABAT
TSHA
TSHA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-905.5%
Q3 24
-1210.9%
Q2 24
-1951.9%
Q1 24
-584.5%
Capex Intensity
ABAT
ABAT
TSHA
TSHA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.1%
Q3 24
2.0%
Q2 24
18.1%
Q1 24
4.1%

Financial Flow Comparison

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

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