American Battery Technology Q4 FY26 gross profit rises 86% to $1.3 million; revenue increases 5.1% to $8.2 million
ABAT•Balance sheet and grant update
Cash rose 31% from the prior quarter to $50.3 million, while the company reported no debt.
ABTC won an appeal with the U.S. Department of Energy, reinstating a $57 million grant supporting a $115 million Tonopah Flats processing train.
Q4 FY26 results show revenue growth and higher gross profit
American Battery Technology posted Q4 FY2026 revenue of $8.2 million, up 5.1% quarter-over-quarter, on scaled-up recycling operations.
Cost of goods sold fell 2.8% from the prior quarter to $6.9 million, on operational efficiencies at its Nevada recycling facility.
Gross profit more than doubled from the prior quarter to $1.3 million, marking its largest-ever positive gross profit from operations.
