American Battery Technology Company Announces Highest Ever Gross Profit and Successful Appeal for Reinstatement of $57 Million US Department of Energy Grant in Fourth Quarter FY2026 Financial Results
Reno, Nev., Aug. 20, 2026 (GLOBE NEWSWIRE) -- American Battery Technology Company(NASDAQ: ABAT), 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% 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.
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