American Battery Technology (NASDAQ:ABAT) Announces Quarterly Earnings Results

American Battery Technology (NASDAQ:ABAT) released its quarterly earnings results on Thursday. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.04), FiscalAI reports. The company had revenue of $1.71 million during the quarter, compared to the consensus estimate of $6.78 million. American Battery Technology had a negative net margin of 337.50% and a negative return on equity of 64.63%.

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

• FY 2026 revenue rose more than 400% to nearly $22 million, while adjusted gross profit improved to $1.7 million from a $6.2 million loss a year earlier. The company ended the year with about $49.5 million in cash and no debt.
• A temporary U.S. export ban delayed black-mass sales, leading ABTC to store product; the company received an export license on September 30 and says sales have resumed. Management warned the ban could be extended or broadened, creating ongoing policy and sales uncertainty.
• ABTC is advancing plans for a larger second recycling facility in the Southeast and says its first plant is operating at a positive adjusted gross margin. The second site is still under evaluation, with a partially built facility among the candidates.
• At the Tonopah Flats lithium project, the Department of Energy grant was reinstated and the Bureau of Land Management accepted the project’s plan of operations. ABTC is pursuing further resource estimates and a definitive feasibility study, while federal environmental review and permitting remain ongoing.
• Shareholders preliminarily rejected the advisory vote on executive compensation and the 2026 Equity Incentive Plan, while approving the other listed proposals.

American Battery Technology Stock Performance

Shares of American Battery Technology stock traded down $0.10 on Thursday, hitting $1.24. The stock had a trading volume of 2,362,832 shares, compared to its average volume of 4,612,979. The stock has a 50 day moving average of $1.92 and a 200 day moving average of $2.81. American Battery Technology has a twelve month low of $1.14 and a twelve month high of $5.33. The firm has a market capitalization of $176.80 million, a P/E ratio of -2.18 and a beta of 0.62.

Wall Street Analysts Forecast Growth

ABAT has been the subject of several analyst reports. Alliance Global Partners restated a “buy” rating on shares of American Battery Technology in a research report on Thursday, October 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of American Battery Technology in a research report on Friday, September 25th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, American Battery Technology has a consensus rating of “Moderate Buy” and an average price target of $6.00.

Insider Activity

In other American Battery Technology news, Director Susan Lee sold 21,360 shares of American Battery Technology stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $2.16, for a total transaction of $46,137.60. Following the transaction, the director directly owned 170,840 shares of the company’s stock, valued at approximately $369,014.40. The trade was a 11.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 7.75% of the company’s stock.

About American Battery Technology

American Battery Technology Company develops technologies and projects for recovering battery metals from both recycled materials and primary resources. Its work includes recycling lithium-ion batteries and producing materials such as lithium and other metals used in batteries. The company is also developing lithium resources in Nevada, including its Tonopah Flats project, and has pursued battery-recycling operations in the state. Its activities are focused on building a domestic supply chain for battery materials in the United States.