Aqua Metals financials
$2.64+4.76%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $25.0K |
| Gross profit | -$564.0K | -$501.0K | -$331.0K | -$576.0K | -$776.0K | -$724.0K | -$1.0M | -$1.6M | -$2.4M | -$2.2M | -$2.0M | -$1.7M |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | −6980.0% |
| Operating income | -$4.6M | -$4.1M | -$4.5M | -$3.0M | -$3.3M | -$3.4M | -$4.0M | -$4.8M | -$6.2M | -$5.8M | -$10.2M | -$4.9M |
| Net income | -$4.5M | -$4.0M | -$4.4M | -$3.1M | -$6.8M | -$8.3M | -$7.4M | -$5.2M | -$6.2M | -$5.8M | -$10.0M | -$4.5M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | −18188.0% |
| Diluted EPS | $-1.31 | $-1.22 | $-1.57 | $-2.19 | $-7.44 | $-10.27 | $-3.94 | $-7.64 | $-9.94 | $-1.05 | $-9.77 | $-8.90 |
| EBITDA | -$4.3M | -$3.9M | -$4.2M | -$2.8M | -$3.0M | -$3.1M | -$3.8M | -$4.4M | -$5.8M | -$5.5M | -$5.0M | -$4.6M |
| Operating cash flow | -$2.6M | -$3.8M | -$2.6M | -$2.3M | -$2.5M | -$2.8M | -$2.0M | -$3.6M | -$3.9M | -$4.1M | -$5.4M | -$3.3M |
| Free cash flow | -$2.6M | -$3.8M | -$2.6M | -$3.5M | -$2.9M | -$3.0M | -$2.7M | -$5.1M | -$8.1M | -$9.8M | -$8.9M | -$4.1M |
| Diluted shares | 3.4M | 3.2M | 2.8M | 1.4M | 0.9M | 0.8M | 1.9M | 0.7M | 0.6M | 5.5M | 1.0M | 0.5M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.7M | $6.8M | $10.8M | $3.6M | $1.9M | $1.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.3M |
| Total assets | $12.6M | $17.1M | $19.7M | $10.5M | $9.2M | $18.1M |
| Total liabilities | $3.1M | $4.0M | $4.9M | $4.0M | $4.1M | $8.5M |
| Shareholders' equity | $9.5M | $13.1M | $14.8M | $6.5M | $5.1M | $9.5M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology