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Side-by-side financial comparison of American Bitcoin Corp. (ABTC) and Adeia Inc. (ADEA). Click either name above to swap in a different company.

American Bitcoin Corp. is the larger business by last-quarter revenue ($118.0M vs $104.8M, roughly 1.1× Adeia Inc.). On growth, American Bitcoin Corp. posted the faster year-over-year revenue change (151.5% vs 19.5%). Over the past eight quarters, American Bitcoin Corp.'s revenue compounded faster (296.9% CAGR vs 9.5%).

Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown person published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. From 2021 to 2025, El Salvador adopted it as legal tender currency before revoking it. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by...

Adeia Inc. is a global intellectual property licensing and innovation firm focused on developing, protecting and commercializing patented technologies across semiconductor manufacturing, connected consumer electronics, media distribution and smart device segments. It partners with leading global technology enterprises to deploy its innovations, supporting continuous industry technological progress.

ABTC vs ADEA — Head-to-Head

Bigger by revenue
ABTC
ABTC
1.1× larger
ABTC
$118.0M
$104.8M
ADEA
Growing faster (revenue YoY)
ABTC
ABTC
+132.0% gap
ABTC
151.5%
19.5%
ADEA
Faster 2-yr revenue CAGR
ABTC
ABTC
Annualised
ABTC
296.9%
9.5%
ADEA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ABTC
ABTC
ADEA
ADEA
Revenue
$118.0M
$104.8M
Net Profit
$22.8M
Gross Margin
49.1%
Operating Margin
-192.8%
33.2%
Net Margin
21.7%
Revenue YoY
151.5%
19.5%
Net Profit YoY
92.8%
EPS (diluted)
$-0.07
$0.20

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
ABTC
ABTC
ADEA
ADEA
Q1 26
$104.8M
Q4 25
$118.0M
$182.6M
Q3 25
$64.2M
$87.3M
Q2 25
$1.4M
$85.7M
Q1 25
$1.6M
$87.7M
Q4 24
$46.9M
$119.2M
Q3 24
$11.6M
$86.1M
Q2 24
$5.5M
$87.3M
Net Profit
ABTC
ABTC
ADEA
ADEA
Q1 26
$22.8M
Q4 25
$73.7M
Q3 25
$3.5M
$8.8M
Q2 25
$3.4M
$16.7M
Q1 25
$-100.6M
$11.8M
Q4 24
$36.0M
Q3 24
$-576.0K
$19.3M
Q2 24
$-61.1M
$8.4M
Gross Margin
ABTC
ABTC
ADEA
ADEA
Q1 26
Q4 25
49.1%
Q3 25
56.0%
Q2 25
Q1 25
Q4 24
57.9%
Q3 24
4.2%
Q2 24
31.0%
Operating Margin
ABTC
ABTC
ADEA
ADEA
Q1 26
33.2%
Q4 25
-192.8%
59.5%
Q3 25
11.2%
30.9%
Q2 25
-162.1%
19.1%
Q1 25
-350.8%
26.0%
Q4 24
48.2%
Q3 24
-87.8%
32.7%
Q2 24
-106.4%
27.1%
Net Margin
ABTC
ABTC
ADEA
ADEA
Q1 26
21.7%
Q4 25
40.4%
Q3 25
5.4%
10.1%
Q2 25
249.2%
19.5%
Q1 25
-6458.5%
13.5%
Q4 24
30.2%
Q3 24
-5.0%
22.4%
Q2 24
-1107.2%
9.6%
EPS (diluted)
ABTC
ABTC
ADEA
ADEA
Q1 26
$0.20
Q4 25
$-0.07
$0.66
Q3 25
$0.06
$0.08
Q2 25
$-0.07
$0.15
Q1 25
$-0.09
$0.10
Q4 24
$1.10
$0.32
Q3 24
$-0.15
$0.17
Q2 24
$-0.10
$0.07

Balance Sheet & Financial Strength

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

Metric
ABTC
ABTC
ADEA
ADEA
Cash + ST InvestmentsLiquidity on hand
$53.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$665.8M
Total Assets
$1.2B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABTC
ABTC
ADEA
ADEA
Q1 26
$53.3M
Q4 25
$136.7M
Q3 25
$115.1M
Q2 25
$750.0K
$116.5M
Q1 25
$367.0K
$116.5M
Q4 24
$850.0K
$110.4M
Q3 24
$478.0K
$89.2M
Q2 24
$1.4M
$94.5M
Total Debt
ABTC
ABTC
ADEA
ADEA
Q1 26
Q4 25
$418.5M
Q3 25
$438.7M
Q2 25
$448.9M
Q1 25
$459.2M
Q4 24
$475.5M
Q3 24
$524.4M
Q2 24
$535.6M
Stockholders' Equity
ABTC
ABTC
ADEA
ADEA
Q1 26
Q4 25
$665.8M
$480.5M
Q3 25
$575.5M
$413.7M
Q2 25
$339.7M
$402.9M
Q1 25
$115.8M
$389.5M
Q4 24
$1.0B
$396.6M
Q3 24
$697.5M
$378.2M
Q2 24
$614.3M
$359.1M
Total Assets
ABTC
ABTC
ADEA
ADEA
Q1 26
$1.0B
Q4 25
$1.2B
$1.0B
Q3 25
$1.2B
$1.1B
Q2 25
$6.2M
$1.1B
Q1 25
$9.0M
$1.1B
Q4 24
$1.1B
$1.1B
Q3 24
$7.5M
$1.1B
Q2 24
$11.4M
$1.1B
Debt / Equity
ABTC
ABTC
ADEA
ADEA
Q1 26
Q4 25
0.87×
Q3 25
1.06×
Q2 25
1.11×
Q1 25
1.18×
Q4 24
1.20×
Q3 24
1.39×
Q2 24
1.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABTC
ABTC
ADEA
ADEA
Operating Cash FlowLast quarter
$-79.6M
$58.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABTC
ABTC
ADEA
ADEA
Q1 26
$58.5M
Q4 25
$-79.6M
$60.0M
Q3 25
$-39.0M
$17.8M
Q2 25
$-879.0K
$23.1M
Q1 25
$-3.2M
$57.1M
Q4 24
$-54.0M
$107.5M
Q3 24
$-76.8M
$14.3M
Q2 24
$201.0K
$23.5M
Free Cash Flow
ABTC
ABTC
ADEA
ADEA
Q1 26
Q4 25
$59.4M
Q3 25
$17.0M
Q2 25
$-1.4M
$22.9M
Q1 25
$56.9M
Q4 24
$-60.6M
$106.9M
Q3 24
$-79.3M
$14.3M
Q2 24
$-874.0K
$23.0M
FCF Margin
ABTC
ABTC
ADEA
ADEA
Q1 26
Q4 25
32.5%
Q3 25
19.5%
Q2 25
-104.4%
26.7%
Q1 25
64.9%
Q4 24
-129.2%
89.7%
Q3 24
-683.2%
16.6%
Q2 24
-15.8%
26.4%
Capex Intensity
ABTC
ABTC
ADEA
ADEA
Q1 26
Q4 25
0.3%
Q3 25
0.9%
Q2 25
40.5%
0.2%
Q1 25
0.3%
Q4 24
14.1%
0.5%
Q3 24
21.6%
0.1%
Q2 24
19.5%
0.5%
Cash Conversion
ABTC
ABTC
ADEA
ADEA
Q1 26
2.57×
Q4 25
0.81×
Q3 25
-11.21×
2.02×
Q2 25
-0.26×
1.38×
Q1 25
4.84×
Q4 24
2.98×
Q3 24
0.74×
Q2 24
2.80×

Financial Flow Comparison

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

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