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

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.

Uranium Energy Corp is a US-based uranium exploration and mining company specializing in low-cost in-situ recovery uranium extraction operations across North America. It supplies nuclear fuel feedstock to utility firms running nuclear power plants, with core project assets located in Texas, Wyoming and other U.S. states, catering to rising global demand for zero-emission nuclear energy resources.

ABAT vs UEC — Head-to-Head

Bigger by revenue
ABAT
ABAT
Infinity× larger
ABAT
$4.8M
$0
UEC

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
ABAT
ABAT
UEC
UEC
Revenue
$4.8M
$0
Net Profit
$-9.3M
$-10.3M
Gross Margin
-33.6%
Operating Margin
-207.5%
Net Margin
-195.0%
Revenue YoY
1331.8%
Net Profit YoY
30.7%
48.7%
EPS (diluted)
$-0.07
$-0.02

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
UEC
UEC
Q4 25
$4.8M
$0
Q3 25
$937.6K
$0
Q2 25
$2.8M
$0
Q1 25
$980.0K
$49.8M
Q4 24
$17.1M
Q3 24
$0
Q2 24
$0
Q3 23
$38.9M
Net Profit
ABAT
ABAT
UEC
UEC
Q4 25
$-9.3M
$-10.3M
Q3 25
$-10.3M
$-27.1M
Q2 25
$-10.2M
$-30.2M
Q1 25
$-11.5M
$-10.2M
Q4 24
$-20.2M
Q3 24
$-15.1M
Q2 24
$-19.7M
Q3 23
$517.0K
Gross Margin
ABAT
ABAT
UEC
UEC
Q4 25
-33.6%
Q3 25
-375.1%
Q2 25
-92.6%
Q1 25
-274.5%
36.6%
Q4 24
36.6%
Q3 24
Q2 24
Q3 23
38.6%
Operating Margin
ABAT
ABAT
UEC
UEC
Q4 25
-207.5%
Q3 25
-1080.8%
Q2 25
-280.1%
Q1 25
-1086.3%
-7.3%
Q4 24
-77.3%
Q3 24
Q2 24
Q3 23
9.4%
Net Margin
ABAT
ABAT
UEC
UEC
Q4 25
-195.0%
Q3 25
-1098.5%
Q2 25
-366.4%
Q1 25
-1173.1%
-20.6%
Q4 24
-118.0%
Q3 24
Q2 24
Q3 23
1.3%
EPS (diluted)
ABAT
ABAT
UEC
UEC
Q4 25
$-0.07
$-0.02
Q3 25
$-0.09
$-0.06
Q2 25
$-0.09
$-0.07
Q1 25
$-0.14
$-0.02
Q4 24
$-0.05
Q3 24
$-0.04
Q2 24
$-0.05
Q3 23
$0.00

Balance Sheet & Financial Strength

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

Metric
ABAT
ABAT
UEC
UEC
Cash + ST InvestmentsLiquidity on hand
$47.9M
$454.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.0M
$1.3B
Total Assets
$123.3M
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
UEC
UEC
Q4 25
$47.9M
$454.7M
Q3 25
$30.9M
$148.9M
Q2 25
$7.5M
$71.4M
Q1 25
$7.8M
$61.5M
Q4 24
$190.6M
Q3 24
$87.5M
Q2 24
$87.7M
Q3 23
$45.6M
Stockholders' Equity
ABAT
ABAT
UEC
UEC
Q4 25
$119.0M
$1.3B
Q3 25
$96.0M
$983.9M
Q2 25
$70.6M
$892.8M
Q1 25
$65.6M
$877.2M
Q4 24
$824.0M
Q3 24
$778.1M
Q2 24
$778.6M
Q3 23
$631.8M
Total Assets
ABAT
ABAT
UEC
UEC
Q4 25
$123.3M
$1.4B
Q3 25
$101.5M
$1.1B
Q2 25
$84.5M
$1.0B
Q1 25
$76.5M
$982.0M
Q4 24
$917.8M
Q3 24
$889.8M
Q2 24
$878.3M
Q3 23
$737.6M

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
UEC
UEC
Operating Cash FlowLast quarter
$-9.8M
$-34.3M
Free Cash FlowOCF − Capex
$-35.4M
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-92.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABAT
ABAT
UEC
UEC
Q4 25
$-9.8M
$-34.3M
Q3 25
$-7.1M
$-23.5M
Q2 25
$-20.7M
Q1 25
$-10.3M
$-8.8M
Q4 24
$-11.5M
Q3 24
$-12.6M
Q2 24
$-12.5M
Q3 23
$28.8M
Free Cash Flow
ABAT
ABAT
UEC
UEC
Q4 25
$-35.4M
Q3 25
$-24.4M
Q2 25
$-22.8M
Q1 25
$-10.0M
Q4 24
$-12.7M
Q3 24
$-13.4M
Q2 24
$-12.7M
Q3 23
$28.6M
FCF Margin
ABAT
ABAT
UEC
UEC
Q4 25
Q3 25
Q2 25
Q1 25
-20.1%
Q4 24
-74.2%
Q3 24
Q2 24
Q3 23
73.4%
Capex Intensity
ABAT
ABAT
UEC
UEC
Q4 25
Q3 25
Q2 25
Q1 25
2.4%
Q4 24
7.1%
Q3 24
Q2 24
Q3 23
0.6%
Cash Conversion
ABAT
ABAT
UEC
UEC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q3 23
55.70×

Financial Flow Comparison

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

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