American Battery Q3 FY26 net loss widens to $33.84 million; revenue rises 697% to $7.81 million
American Battery Technology ABAT | 0.00 |
- American Battery Technology posted fiscal third-quarter revenue of USD 7.8 million, up 697%, while net loss widened to USD 33.84 million.
- Gross profit turned positive at USD 737,749 from a loss a year earlier, as cost of goods sold rose 93% to USD 7.1 million.
- Operating expenses jumped 342% to USD 35.14 million, driven mainly by a USD 24.5 million stock-based compensation charge tied to executive performance awards.
- Cash and cash equivalents climbed to USD 38.5 million at March 31, 2026, with no debt outstanding.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Battery Technology Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-022149), on May 11, 2026, and is solely responsible for the information contained therein.
