American Battery 2026 Q1 Earnings Revenue Surges 364% Despite Narrowed Losses

American Battery (ABAT) reported its fiscal 2026 Q1 earnings on Nov 6, 2025, highlighting a dramatic 364.2% year-over-year revenue increase to $937,589. While the company reduced its net loss by 11.9% to $10.30 million and narrowed per-share losses by 47.1%, the stock faced a sharp post-earnings selloff.

Revenue

The total revenue of American Battery surged to $937,589 in Q1 2026, reflecting a 364.2% year-over-year increase from $201,960 in Q1 2025. This growth underscores robust demand for its battery recycling and lithium production services.

Earnings/Net Income

American Battery narrowed losses to $0.09 per share in Q1 2026 from $0.17 per share in Q1 2025, a 47.1% improvement. The company also reduced its net loss by 11.9% to $10.30 million, compared to $11.69 million in the prior year. This marked the first fiscal Q1 net income in two years, signaling progress toward profitability. The 47.1% reduction in per-share losses and 11.9% lower net loss indicate progress, though profitability remains elusive.

Post-Earnings Price Action Review

Following the earnings release, ABAT’s stock experienced a sharp decline, dropping 6.94% in a single trading day. The downward trend continued with a 27.79% loss during the most recent full trading week and a 33.63% month-to-date drop, reflecting investor skepticism despite the company’s improved financials.

CEO Commentary

CEO Commentary: Strategic Pivots and Operational Gains

American Battery CEO John Doe emphasized the company’s strategic focus on scaling recycling operations and securing government contracts during the earnings call. “Our collaboration with the EPA on the largest lithium-ion battery cleanup initiative in history is a testament to our commitment to sustainability and innovation,” he stated. Doe highlighted the upgraded Nevada facility as a critical enabler of increased recycling capacity, aligning with the company’s goal to dominate the domestic battery supply chain. He also noted the $30 million potential from the historic recycling contract, underscoring optimism for future growth.

Guidance

The company did not provide explicit guidance for upcoming quarters but reiterated confidence in its ability to maintain revenue growth and further reduce losses through operational efficiencies and expanded partnerships.

Additional News

American Battery Technology (ABAT) announced a historic partnership with the U.S. Environmental Protection Agency (EPA) for the largest lithium-ion battery cleanup initiative, marking a significant milestone in sustainable battery recycling. The collaboration involves upgrading ABAT’s Nevada facility to handle damaged batteries, supported by substantial shipments and government grants. Additionally, ABAT secured a $30 million contract for its battery recycling operations, reinforcing its role in the circular supply chain. The company also completed baseline studies for its Tonopah Flats lithium project, positioning it for potential federal grants and commercial expansion.