American Battery Technology (NASDAQ:ABAT) Releases Quarterly Earnings Results, Misses Estimates By $0.10 EPS

American Battery Technology (NASDAQ:ABAT) released its quarterly earnings results on Monday. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.10), Zacks reports. The company had revenue of $8.23 million during the quarter, compared to analyst estimates of $6.78 million. American Battery Technology had a negative net margin of 390.48% and a negative return on equity of 63.85%.

Here are the key takeaways from American Battery Technology’s conference call:

• Recycling revenue rose more than 400% to $21.7 million in fiscal 2026, while cost of goods sold increased about 67%, reflecting improved scale and operational efficiency.
• The recycling business generated its first adjusted gross profit of approximately $1.7 million, compared with a $6.2 million adjusted loss the prior year; operating cash use also declined 16% despite higher throughput.
• ABTC ended the year with about $49.5 million in cash, no long-term debt, and $133 million in total assets, providing funding capacity for planned expansion.
• The company is advancing a second, 100,000-ton-per-year recycling facility supported by a potential $150 million DOE grant, while its Tonopah lithium project moved closer to the full NEPA permitting process after BLM accepted its plan of operations.
• A Commerce Department directive effectively restricts exports of lithium-ion battery black mass; ABTC has requested an exception but has received no final decision and is temporarily storing black mass at its facility.

American Battery Technology Stock Down 4.5%

NASDAQ:ABAT opened at $2.36 on Tuesday. American Battery Technology has a 12-month low of $2.00 and a 12-month high of $11.49. The firm has a market capitalization of $321.94 million, a price-to-earnings ratio of -4.54 and a beta of 0.32. The stock’s 50 day moving average price is $2.48 and its two-hundred day moving average price is $2.94.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of American Battery Technology from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $6.00.

American Battery Technology Company Profile

American Battery Technology Company (NASDAQ: ABAT) is a U.S.-based battery materials company focused on producing and recycling lithium and other materials used in lithium-ion batteries. The company develops technologies intended to support a domestic, circular battery supply chain for electric vehicles, grid storage systems, consumer electronics and other applications.

Its business includes lithium-ion battery recycling, with processes designed to recover battery metals and produce battery-grade materials from end-of-life batteries and manufacturing scrap.