American Battery Technology Company, an integrated domestic critical mineral manufacturing company that is commercializing its internally-developed technologies for both primary critical mineral manufacturing and secondary critical mineral recycling, released the unaudited financial results for its fourth quarter of fiscal year 2026 (FY26) ended on June 30, 2026.
During the quarter, American Battery Technology Company (ABTC) continued to scale-up and implement operational efficiencies at its Nevada critical mineral recycling facility and achieved record breaking quarterly revenue of $8.2 million, while simultaneously decreasing cost of goods sold, resulting in a quarter-over-quarter increase in gross profit of 86 percent to $1.3 million. This substantial growth in gross profit of its recycling facility further demonstrates the advantages of ABTC’s internally-developed technologies and its position as one of the dominant critical mineral recyclers in the U.S.
In addition to operating its critical mineral recycling facility, ABTC is also developing and constructing its critical mineral mine and refinery at its Tonopah Flats Lithium Project (TFLP) near Tonopah, Nevada. During the quarter, ABTC announced that it had successfully won its appeal with the U.S. Department of Energy and had its previously terminated grant for $57 million supporting the $115 million construction of the first processing train at the TFLP fully reinstated.
Financial highlights, Fourth Quarter of FY26 (unaudited):
- $8.2 million in Revenue, a 5.1 percent increase from the previous quarter
- An additional $0.3 million income from interest for the quarter
- $6.9 million in Cost of Goods Sold, a 2.8 percent decrease from the previous quarter
Resulting from implementation of several operational efficiencies
- $1.3 million in Gross Profit, an 86 percent increase from the previous quarter and ABTC’s largest ever positive gross profit from operations
- $50.3 million cash, a 31 percent increase from the end of the previous quarter
- Includes $49.5 million in unrestricted and $0.8 million in restricted cash
- $0.0 million debt, ABAT currently holds zero debt
These preliminary estimated unaudited financial results for the three months ended June 30, 2026, are based upon information available to the company currently. The data is not a comprehensive statement of the company’s financial results for the three months ended June 30, 2026, and the company’s actual results may differ materially from this preliminary estimated data. While the company currently expects its results for the three months ended June 30, 2026, to be within the range set forth herein, the review of its financial statements for the three months ended June 30, 2026 has not been completed.
Published October 2026
