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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and ENERGY FUELS INC (UUUU). Click either name above to swap in a different company.
ENERGY FUELS INC is the larger business by last-quarter revenue ($27.1M vs $4.8M, roughly 5.7× AMERICAN BATTERY TECHNOLOGY Co). ENERGY FUELS INC runs the higher net margin — -77.3% vs -195.0%, a 117.7% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs -32.1%).
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.
FuelCell Energy, Inc. is a publicly traded fuel cell company headquartered in Danbury, Connecticut. It designs, manufactures, operates and services power plants based on molten carbonate fuel cells.
ABAT vs UUUU — Head-to-Head
Income Statement — Q2 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $4.8M | $27.1M |
| Net Profit | $-9.3M | $-20.9M |
| Gross Margin | -33.6% | 35.0% |
| Operating Margin | -207.5% | -81.6% |
| Net Margin | -195.0% | -77.3% |
| Revenue YoY | 1331.8% | -32.1% |
| Net Profit YoY | 30.7% | 36.5% |
| 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 | $27.1M | ||
| Q3 25 | $937.6K | $17.7M | ||
| Q2 25 | $2.8M | $4.2M | ||
| Q1 25 | $980.0K | $16.9M | ||
| Q4 24 | $332.4K | $39.9M | ||
| Q3 24 | $202.0K | $4.0M | ||
| Q2 24 | — | $8.7M | ||
| Q1 24 | — | $25.4M |
| Q4 25 | $-9.3M | $-20.9M | ||
| Q3 25 | $-10.3M | $-16.7M | ||
| Q2 25 | $-10.2M | $-21.8M | ||
| Q1 25 | $-11.5M | $-26.3M | ||
| Q4 24 | $-13.4M | $-33.0M | ||
| Q3 24 | $-11.7M | $-12.1M | ||
| Q2 24 | — | $-6.4M | ||
| Q1 24 | — | $3.6M |
| Q4 25 | -33.6% | 35.0% | ||
| Q3 25 | -375.1% | 27.8% | ||
| Q2 25 | -92.6% | 13.2% | ||
| Q1 25 | -274.5% | -7.3% | ||
| Q4 24 | -894.4% | 1.5% | ||
| Q3 24 | -1159.0% | 54.4% | ||
| Q2 24 | — | 57.8% | ||
| Q1 24 | — | 56.5% |
| Q4 25 | -207.5% | -81.6% | ||
| Q3 25 | -1080.8% | -150.6% | ||
| Q2 25 | -280.1% | -621.4% | ||
| Q1 25 | -1086.3% | -155.0% | ||
| Q4 24 | -4151.4% | -71.6% | ||
| Q3 24 | -4854.0% | -294.4% | ||
| Q2 24 | — | -103.7% | ||
| Q1 24 | — | 7.9% |
| Q4 25 | -195.0% | -77.3% | ||
| Q3 25 | -1098.5% | -94.5% | ||
| Q2 25 | -366.4% | -517.9% | ||
| Q1 25 | -1173.1% | -155.6% | ||
| Q4 24 | -4031.0% | -82.6% | ||
| Q3 24 | -5790.5% | -298.0% | ||
| Q2 24 | — | -73.6% | ||
| Q1 24 | — | 14.3% |
| Q4 25 | $-0.07 | $-0.08 | ||
| Q3 25 | $-0.09 | $-0.07 | ||
| Q2 25 | $-0.09 | $-0.10 | ||
| Q1 25 | $-0.14 | $-0.13 | ||
| Q4 24 | $-0.18 | $-0.19 | ||
| Q3 24 | $-0.17 | $-0.07 | ||
| Q2 24 | — | $-0.04 | ||
| Q1 24 | — | $0.02 |
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 | $64.7M |
| Total DebtLower is stronger | — | $675.7M |
| Stockholders' EquityBook value | $119.0M | $678.4M |
| Total Assets | $123.3M | $1.4B |
| Debt / EquityLower = less leverage | — | 1.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $64.7M | ||
| Q3 25 | $30.9M | $94.0M | ||
| Q2 25 | $7.5M | $71.5M | ||
| Q1 25 | $7.8M | $73.0M | ||
| Q4 24 | $20.6M | $38.6M | ||
| Q3 24 | $5.8M | $47.5M | ||
| Q2 24 | — | $24.6M | ||
| Q1 24 | — | $54.8M |
| Q4 25 | — | $675.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $119.0M | $678.4M | ||
| Q3 25 | $96.0M | $703.2M | ||
| Q2 25 | $70.6M | $640.2M | ||
| Q1 25 | $65.6M | $580.8M | ||
| Q4 24 | $70.6M | $527.8M | ||
| Q3 24 | $59.3M | $372.7M | ||
| Q2 24 | — | $378.8M | ||
| Q1 24 | — | $383.7M |
| Q4 25 | $123.3M | $1.4B | ||
| Q3 25 | $101.5M | $758.3M | ||
| Q2 25 | $84.5M | $702.5M | ||
| Q1 25 | $76.5M | $650.8M | ||
| Q4 24 | $88.3M | $612.0M | ||
| Q3 24 | $73.8M | $400.4M | ||
| Q2 24 | — | $403.4M | ||
| Q1 24 | — | $405.8M |
| Q4 25 | — | 1.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-16.2M |
| 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 | $-16.2M | ||
| Q3 25 | $-7.1M | $-28.5M | ||
| Q2 25 | — | $-25.9M | ||
| Q1 25 | $-10.3M | $-18.8M | ||
| Q4 24 | $-7.3M | $-36.0M | ||
| Q3 24 | $-5.6M | $-7.2M | ||
| Q2 24 | — | $-9.7M | ||
| Q1 24 | — | $8.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
