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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and Worksport Ltd (WKSP). Click either name above to swap in a different company.

AMERICAN BATTERY TECHNOLOGY Co is the larger business by last-quarter revenue ($4.8M vs $4.7M, roughly 1.0× Worksport Ltd). On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 62.0%).

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.

Worksport Ltd is a cleantech company specializing in portable solar energy solutions and custom truck bed accessories. Its core offerings include solar-powered tonneau covers for pickup trucks and portable mobile power stations, serving the North American automotive aftermarket and consumer clean energy segments.

ABAT vs WKSP — Head-to-Head

Bigger by revenue
ABAT
ABAT
1.0× larger
ABAT
$4.8M
$4.7M
WKSP
Growing faster (revenue YoY)
ABAT
ABAT
+1269.8% gap
ABAT
1331.8%
62.0%
WKSP

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ABAT
ABAT
WKSP
WKSP
Revenue
$4.8M
$4.7M
Net Profit
$-9.3M
Gross Margin
-33.6%
30.1%
Operating Margin
-207.5%
-129.6%
Net Margin
-195.0%
Revenue YoY
1331.8%
62.0%
Net Profit YoY
30.7%
EPS (diluted)
$-0.07
$-0.65

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
WKSP
WKSP
Q4 25
$4.8M
$4.7M
Q3 25
$937.6K
$5.0M
Q2 25
$2.8M
$4.1M
Q1 25
$980.0K
$2.2M
Q4 24
$2.9M
Q3 24
$3.1M
Q2 24
$1.9M
Q1 24
$512.6K
Net Profit
ABAT
ABAT
WKSP
WKSP
Q4 25
$-9.3M
Q3 25
$-10.3M
$-4.9M
Q2 25
$-10.2M
$-3.7M
Q1 25
$-11.5M
$-4.5M
Q4 24
Q3 24
$-4.1M
Q2 24
$-4.0M
Q1 24
$-3.7M
Gross Margin
ABAT
ABAT
WKSP
WKSP
Q4 25
-33.6%
30.1%
Q3 25
-375.1%
31.3%
Q2 25
-92.6%
26.4%
Q1 25
-274.5%
17.7%
Q4 24
11.1%
Q3 24
7.9%
Q2 24
15.4%
Q1 24
7.3%
Operating Margin
ABAT
ABAT
WKSP
WKSP
Q4 25
-207.5%
-129.6%
Q3 25
-1080.8%
-95.6%
Q2 25
-280.1%
-88.1%
Q1 25
-1086.3%
-190.0%
Q4 24
-137.0%
Q3 24
-125.1%
Q2 24
-203.5%
Q1 24
-709.9%
Net Margin
ABAT
ABAT
WKSP
WKSP
Q4 25
-195.0%
Q3 25
-1098.5%
-98.3%
Q2 25
-366.4%
-91.0%
Q1 25
-1173.1%
-199.1%
Q4 24
Q3 24
-132.4%
Q2 24
-208.9%
Q1 24
-724.6%
EPS (diluted)
ABAT
ABAT
WKSP
WKSP
Q4 25
$-0.07
$-0.65
Q3 25
$-0.09
$-0.75
Q2 25
$-0.09
$-0.71
Q1 25
$-0.14
$-1.05
Q4 24
$-1.14
Q3 24
$-1.40
Q2 24
$-1.55
Q1 24
$-1.75

Balance Sheet & Financial Strength

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

Metric
ABAT
ABAT
WKSP
WKSP
Cash + ST InvestmentsLiquidity on hand
$47.9M
$5.9M
Total DebtLower is stronger
$2.7M
Stockholders' EquityBook value
$119.0M
$22.9M
Total Assets
$123.3M
$30.7M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
WKSP
WKSP
Q4 25
$47.9M
$5.9M
Q3 25
$30.9M
$3.8M
Q2 25
$7.5M
$1.4M
Q1 25
$7.8M
$5.1M
Q4 24
$4.9M
Q3 24
$1.9M
Q2 24
$3.4M
Q1 24
$3.5M
Total Debt
ABAT
ABAT
WKSP
WKSP
Q4 25
$2.7M
Q3 25
$2.9M
Q2 25
$2.5M
Q1 25
$3.1M
Q4 24
$5.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ABAT
ABAT
WKSP
WKSP
Q4 25
$119.0M
$22.9M
Q3 25
$96.0M
$19.8M
Q2 25
$70.6M
$17.3M
Q1 25
$65.6M
$20.1M
Q4 24
$17.4M
Q3 24
$16.4M
Q2 24
$19.1M
Q1 24
$18.9M
Total Assets
ABAT
ABAT
WKSP
WKSP
Q4 25
$123.3M
$30.7M
Q3 25
$101.5M
$27.0M
Q2 25
$84.5M
$23.6M
Q1 25
$76.5M
$26.7M
Q4 24
$25.7M
Q3 24
$24.9M
Q2 24
$27.2M
Q1 24
$27.3M
Debt / Equity
ABAT
ABAT
WKSP
WKSP
Q4 25
0.12×
Q3 25
0.15×
Q2 25
0.14×
Q1 25
0.16×
Q4 24
0.30×
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
ABAT
ABAT
WKSP
WKSP
Operating Cash FlowLast quarter
$-9.8M
$-6.1M
Free Cash FlowOCF − Capex
$-6.3M
FCF MarginFCF / Revenue
-132.4%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABAT
ABAT
WKSP
WKSP
Q4 25
$-9.8M
$-6.1M
Q3 25
$-7.1M
$-4.3M
Q2 25
$-3.1M
Q1 25
$-10.3M
$-3.8M
Q4 24
$-2.2M
Q3 24
$-1.5M
Q2 24
$-3.6M
Q1 24
$-2.8M
Free Cash Flow
ABAT
ABAT
WKSP
WKSP
Q4 25
$-6.3M
Q3 25
$-4.6M
Q2 25
$-3.2M
Q1 25
$-4.0M
Q4 24
$-2.2M
Q3 24
$-1.7M
Q2 24
$-3.7M
Q1 24
$-3.0M
FCF Margin
ABAT
ABAT
WKSP
WKSP
Q4 25
-132.4%
Q3 25
-92.1%
Q2 25
-77.1%
Q1 25
-180.4%
Q4 24
-75.4%
Q3 24
-54.5%
Q2 24
-195.1%
Q1 24
-586.7%
Capex Intensity
ABAT
ABAT
WKSP
WKSP
Q4 25
3.3%
Q3 25
7.3%
Q2 25
1.7%
Q1 25
9.0%
Q4 24
0.9%
Q3 24
5.3%
Q2 24
6.4%
Q1 24
41.5%

Financial Flow Comparison

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

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