American Battery Technology Posts 407 Percent Revenue Increase as Gross Profit Turns Positive

September 15, 2026 - 22:04

American Battery Technology Company reported record fiscal 2026 revenue and positive adjusted gross profit as the domestic critical minerals producer increased throughput at its battery recycling operations.

Revenue jumped 407 percent to $21.7 million for the year, a sharp rise from the prior period. The company also reached a milestone by turning its adjusted gross profit positive, signaling that its recycling economics are beginning to work at scale.

The results reflect growing demand for domestically sourced critical minerals and a broader push to build supply chains outside of China. American Battery Technology has positioned itself as a key player in that effort, recovering lithium, nickel, cobalt, and other materials from used batteries and manufacturing scrap.

Management pointed to higher processing volumes and improved operational efficiency as the main drivers behind the revenue surge. The positive adjusted gross profit figure suggests the company is moving past the costly ramp-up phase that has weighed on many recycling startups.

Executives said they expect momentum to continue as new capacity comes online and customer contracts expand. The company plans to keep investing in its Nevada facilities while pursuing additional partnerships across the battery supply chain.

Investors have watched the critical minerals sector closely amid volatile commodity prices and shifting federal incentives. American Battery Technology's latest numbers offer one of the clearest signs yet that domestic recycling can generate real revenue at commercial scale.