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AMERICAN BATTERY TECHNOLOGY Co (ABAT) Fundamental Analysis & AI Grade 2026

ABAT Nasdaq Mining & Quarrying of Nonmetallic Minerals (No Fuels) NV CIK: 0001576873
Updated This Month • Analysis: May 23, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
84% Confidence
AGREEMENT
D
85% Conf
C
82% Conf

📊 ABAT Key Takeaways

Revenue: $13.5M
Net Margin: -395.4%
Free Cash Flow: $-26.4M
Current Ratio: 8.12x
Debt/Equity: 0.02x
EPS: $-0.43
AI Grade: D with 85% confidence
AMERICAN BATTERY TECHNOLOGY Co (ABAT) receives a C fundamental grade with 84% confidence from our AI analysis based on SEC 10-K filings. With revenue of $13.5M, net profit margin of -395.4%, and return on equity (ROE) of -47.4%, AMERICAN BATTERY TECHNOLOGY Co demonstrates mixed fundamentals in the Materials sector. Below is our complete ABAT stock analysis for 2026.

Is AMERICAN BATTERY TECHNOLOGY Co (ABAT) a Good Investment?

Claude

Despite exceptional 1149% YoY revenue growth, American Battery Technology faces fundamental operational distress with negative gross margins (-32.4%) and significant cash burn (-$19.6M operating cash flow), indicating an unsustainable business model. The company's cash reserves provide near-term runway but without a clear path to profitability, the business faces serious viability questions.

ChatGPT

American Battery Technology shows rapid top-line growth, but the growth is currently low quality because revenue is being generated at deeply negative gross, operating, and free cash flow margins. The balance sheet is unusually strong with high cash, minimal debt, and substantial equity, but until the company proves it can scale toward positive unit economics, the fundamentals remain weak.

AMERICAN BATTERY TECHNOLOGY Co Key Strengths (ABAT)

Claude
  • + Exceptional revenue growth of 1149% YoY demonstrating strong market demand
  • + Strong balance sheet with minimal leverage (Debt/Equity 0.02x) and $37.7M cash reserves
  • + Excellent liquidity position with 8.12x current ratio providing operational runway
ChatGPT
  • + Very strong liquidity with $47.90M in cash and current and quick ratios near 15x
  • + Minimal leverage with only $2.10M of long-term debt and 0.02x debt-to-equity
  • + Revenue grew sharply year over year, indicating commercial activity is ramping

ABAT Stock Risks: AMERICAN BATTERY TECHNOLOGY Co Investment Risks

Claude
  • ! Negative gross margins of -32.4% indicate core business is unprofitable at product level
  • ! Significant operational cash burn of -$19.6M with negative free cash flow of -$26.4M is structurally unsustainable
  • ! Operating margin of -402.8% and flat net income growth YoY despite revenue surge suggests structural issues rather than temporary startup losses
ChatGPT
  • ! Gross margin of -89.8% suggests the business is not yet producing economically viable output
  • ! Operating and free cash flow losses remain severe, with free cash flow at -$23.71M
  • ! Net income remains deeply negative, showing revenue growth has not translated into bottom-line improvement

Key Metrics to Watch

Claude
  • * Gross margin trajectory - critical indicator of whether core business can achieve viability
  • * Operating cash flow - must turn positive to ensure long-term sustainability
  • * Cash runway depletion - at current $19.6M annual burn rate, reserves deplete within 2 years
ChatGPT
  • * Gross margin improvement toward breakeven
  • * Operating cash flow and free cash flow burn rate

AMERICAN BATTERY TECHNOLOGY Co (ABAT) Financial Metrics & Key Ratios

Revenue
$13.5M
Net Income
$-53.4M
EPS (Diluted)
$-0.43
Free Cash Flow
$-26.4M
Total Assets
$119.4M
Cash Position
$37.7M

💡 AI Analyst Insight

Strong liquidity with a 8.12x current ratio provides a solid financial cushion.

ABAT Profit Margin, ROE & Profitability Analysis

Gross Margin -32.4%
Operating Margin -402.8%
Net Margin -395.4%
ROE -47.4%
ROA -44.7%
FCF Margin -195.3%

ABAT vs Materials Sector: How AMERICAN BATTERY TECHNOLOGY Co Compares

How AMERICAN BATTERY TECHNOLOGY Co compares to Materials sector averages

Net Margin
ABAT -395.4%
vs
Sector Avg 10.0%
ABAT Sector
ROE
ABAT -47.4%
vs
Sector Avg 14.0%
ABAT Sector
Current Ratio
ABAT 8.1x
vs
Sector Avg 1.6x
ABAT Sector
Debt/Equity
ABAT 0.0x
vs
Sector Avg 0.6x
ABAT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is AMERICAN BATTERY TECHNOLOGY Co Stock Overvalued? ABAT Valuation Analysis 2026

Based on fundamental analysis, AMERICAN BATTERY TECHNOLOGY Co has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
-47.4%
Sector avg: 14%
Net Profit Margin
-395.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.02x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

AMERICAN BATTERY TECHNOLOGY Co Balance Sheet: ABAT Debt, Cash & Liquidity

Current Ratio
8.12x
Quick Ratio
7.99x
Debt/Equity
0.02x
Debt/Assets
5.6%
Interest Coverage
N/A
Long-term Debt
$2.1M

ABAT Revenue & Earnings Growth: 5-Year Financial Trend

ABAT 5-year financial data: Year 2024: Revenue $343.5K, Net Income -$21.3M, EPS $-0.51. Year 2025: Revenue $4.3M, Net Income -$52.5M, EPS $-1.02.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: AMERICAN BATTERY TECHNOLOGY Co's revenue has grown significantly by 1,149% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.02 indicates the company is currently unprofitable.

ABAT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-195.3%
Free cash flow / Revenue

ABAT Quarterly Earnings & Performance

Quarterly financial performance data for AMERICAN BATTERY TECHNOLOGY Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $980.0K -$9.3M $-0.14
Q2 2026 $332.4K -$9.3M $-0.07
Q1 2026 $202.0K -$10.3M $-0.09
Q3 2025 $980.0K -$8.9M $-0.14
Q2 2025 $332.4K -$8.9M $-0.18
Q1 2025 $202.0K -$8.9M $-0.17

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

AMERICAN BATTERY TECHNOLOGY Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$19.6M
Cash generated from operations
Capital Expenditures
$6.8M
Investment in assets
Dividends Paid
$125.7K
Returned to shareholders

ABAT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for AMERICAN BATTERY TECHNOLOGY Co (CIK: 0001576873)

📋 Recent SEC Filings

Date Form Document Action
Jun 8, 2026 4 xslF345X06/ownership.xml View →
Jun 8, 2026 4 xslF345X06/ownership.xml View →
Jun 8, 2026 8-K form8-k.htm View →
Jun 3, 2026 8-K form8-k.htm View →
Jun 3, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about ABAT

What is the AI rating for ABAT?

AMERICAN BATTERY TECHNOLOGY Co (ABAT) has a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ABAT's key strengths?

Claude: Exceptional revenue growth of 1149% YoY demonstrating strong market demand. Strong balance sheet with minimal leverage (Debt/Equity 0.02x) and $37.7M cash reserves. ChatGPT: Very strong liquidity with $47.90M in cash and current and quick ratios near 15x. Minimal leverage with only $2.10M of long-term debt and 0.02x debt-to-equity.

What are the risks of investing in ABAT?

Claude: Negative gross margins of -32.4% indicate core business is unprofitable at product level. Significant operational cash burn of -$19.6M with negative free cash flow of -$26.4M is structurally unsustainable. ChatGPT: Gross margin of -89.8% suggests the business is not yet producing economically viable output. Operating and free cash flow losses remain severe, with free cash flow at -$23.71M.

What is ABAT's revenue and growth?

AMERICAN BATTERY TECHNOLOGY Co reported revenue of $13.5M.

Does ABAT pay dividends?

AMERICAN BATTERY TECHNOLOGY Co pays dividends, with $0.1M distributed to shareholders in the trailing twelve months.

Where can I find ABAT SEC filings?

Official SEC filings for AMERICAN BATTERY TECHNOLOGY Co (CIK: 0001576873) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ABAT's EPS?

AMERICAN BATTERY TECHNOLOGY Co has a diluted EPS of $-0.43.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is ABAT's fundamental grade?

Based on our AI fundamental analysis in June 2026, AMERICAN BATTERY TECHNOLOGY Co has a C grade with 84% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is ABAT stock overvalued or undervalued?

Valuation metrics for ABAT: ROE of -47.4% (sector avg: 14%), net margin of -395.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is ABAT's AI grade for 2026?

Our dual AI analysis gives AMERICAN BATTERY TECHNOLOGY Co a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ABAT's free cash flow?

AMERICAN BATTERY TECHNOLOGY Co's operating cash flow is $-19.6M, with capital expenditures of $6.8M. FCF margin is -195.3%.

How does ABAT compare to other Materials stocks?

Vs Materials sector averages: Net margin -395.4% (avg: 10%), ROE -47.4% (avg: 14%), current ratio 8.12 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 23, 2026 | Data as of: 2026-03-31 | Powered by Claude AI