American Battery Technology Company Reports Strong Q4 Earnings Growth in Recycling Business
On September 14, 2026, American Battery Technology Company (ABAT) reported a significant increase in revenue for its battery recycling operations during the fiscal year. Revenue rose by over 400% to $21.7 million compared to the previous year, driven largely by economies of scale and operational efficiencies at their first facility. The company also noted that while cost of goods sold increased by about 67%, cash spending for plant operations decreased by approximately 16%. These improvements allowed ABAT to achieve an adjusted gross profit of $1.7 million in the year, a marked improvement from a loss of $6.2 million previously. Ryan Melsert and Alex Flores highlighted these achievements during their earnings call, emphasizing progress toward building a closed-loop supply chain for lithium-ion batteries within the U.S., including both recycling efforts and mineral resource development.
Tickers: $ABAT
Topics: battery technology lithium recycling mineral production supply chain