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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
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| Q4 25 | -33.6% | — | ||
| Q3 25 | -375.1% | — | ||
| Q2 25 | -92.6% | — | ||
| Q1 25 | -274.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -905.5% | ||
| Q3 24 | — | -1210.9% | ||
| Q2 24 | — | -1951.9% | ||
| Q1 24 | — | -584.5% |
| 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.