American Battery Technology Company (ABAT) Cash Flow Statement
Where ABAT’s cash came from and went, FY2026
June 30, 2026 · U.S. dollars- Cash from operations
- −$24.2M
- Capital expenditures
- $13.6M 62.5% of revenue
- Free cash flow
- −$37.8M −173.7% margin
- Returned to shareholders
- —
- Change in cash
- $37.8M cash at year-end $50.3M
Drawn to scale: where the cash came from and how it was used. Hover for values.
ABAT operating cash flow, capex and free cash flow
ABAT cash flow trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$484,899FY2017 | −$24.2MFY2026 | — | |
| Capital expenditures | $0FY2017 | $13.6MFY2026 | — | |
| Free cash flow | −$484,899FY2017 | −$37.8MFY2026 | — | |
| Free cash flow margin | −8,566.4%FY2024 | −173.7%FY2026 | +8,392.7 pts | |
| Stock-based compensation | $1.2MFY2022 | $46.5MFY2026 | +147.8%/yr | |
| Dividends paid | $125,700FY2020 | $0FY2023 | −100.0% | |
| Capex / revenue | 3,694.1%FY2024 | 62.5%FY2026 | −3,631.7 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ABAT cash flow by activity
ABAT net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
ABAT cash flow statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$73.4M | −$46.8M | −$52.5M | −$22.2M | −$33.5M | −$41.9M | −$17.8M | −$12.6M | −$2.7M | −$2.7M |
| Depreciation & amortization | $5.1M | $5.2M | $1.8M | $197,730 | $47,262 | $14,668 | $4,147 | — | — | — |
| Stock-based compensation | $46.5M | $14.7M | $14.6M | $9.8M | $1.2M | — | — | — | — | — |
| Change in working capital | −$4.9M | −$7.0M | $4.6M | −$1.2M | $895,250 | −$100,391 | $136,398 | $211,132 | $78,689 | $78,689 |
| Other non-cash items | $2.5M | $5.0M | $14.8M | $43,895 | $21.2M | $34.2M | $14.6M | $9.0M | $2.1M | $2.1M |
| Cash from operating activities | −$24.2M | −$28.9M | −$16.7M | −$13.4M | −$10.2M | −$7.8M | −$3.0M | −$3.4M | −$484,899 | −$484,899 |
| Investing activities | ||||||||||
| Capital expenditures | −$13.6M | −$2.5M | −$12.7M | −$14.8M | −$15.1M | −$7.1M | −$3,896 | −$10,200 | −$10,200 | $0 |
| Investments (net) | — | −$2.5M | −$13.0M | −$36.7M | −$15.1M | −$7.1M | — | $0 | — | — |
| Acquisitions & other investing | −$3 | $2.5M | $12.7M | $14.8M | $15.1M | $7.1M | $0 | $0 | $0 | — |
| Cash from investing activities | −$13.6M | −$2.5M | −$13.0M | −$36.7M | −$15.1M | −$7.1M | −$3,896 | −$10,200 | −$10,200 | — |
| Financing activities | ||||||||||
| Dividends paid | — | — | — | $0 | −$125,700 | −$125,700 | −$125,700 | — | — | — |
| Net borrowing (repayment) | $0 | $2.4M | −$3.7M | $6.0M | $6.0M | $40,562 | $2.1M | — | — | — |
| Shares issued | $65.8M | $33.6M | $38.1M | $17.4M | $43.1M | $25.9M | $0 | $0 | $0 | $0 |
| Other financing | $9.8M | $945,510 | $37,497 | $0 | −$7.6M | $1.0M | $1.9M | $3.3M | $404,000 | $404,000 |
| Cash from financing activities | $75.6M | $36.9M | $34.4M | $23.4M | $41.4M | $26.9M | $3.8M | $3.3M | $404,000 | $404,000 |
| Summary | ||||||||||
| Net change in cash | $37.8M | $5.5M | $4.7M | −$26.7M | $16.1M | $12.0M | $707,155 | −$115,398 | −$80,899 | −$80,899 |
| Cash at end of period | $50.3M | $12.5M | $7.0M | $2.3M | $29.0M | $12.8M | $829,924 | $7,371 | $9,141 | $9,141 |
| Free cash flow | −$37.8M | −$31.5M | −$29.4M | −$28.2M | −$25.3M | −$14.8M | −$3.0M | −$3.4M | −$484,899 | −$484,899 |
| Free cash flow margin | −173.7% | −733.5% | −8,566.4% | — | — | — | — | — | — | — |
| Capex / revenue | 62.5% | 59.4% | 3,694.1% | — | — | — | — | — | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$20.0M | −$33.8M | −$9.3M | −$10.3M | −$10.2M | −$11.5M | −$13.4M | −$11.7M | −$23.4M | −$10.0M | −$7.6M | −$7.2M |
| Depreciation & amortization | $729,479 | $1.6M | $1.5M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.6M | $64,928 | $70,169 | $61,765 |
| Stock-based compensation | $13.3M | $27.6M | $3.3M | $2.3M | $1.8M | $3.3M | $6.3M | $3.2M | $2.2M | $4.6M | $2.4M | $1.9M |
| Change in working capital | −$311,154 | $1.5M | −$3.9M | −$807,330 | −$1.3M | −$4.6M | −$3.5M | −$269,558 | $4.0M | −$1.1M | $1.0M | $256,007 |
| Other non-cash items | $1.6M | $69,428 | −$1.4M | $351,553 | $2.5M | $1.6M | $2.1M | $2.0M | $11.3M | $1.4M | $1.5M | $233,787 |
| Cash from operating activities | −$4.6M | −$3.1M | −$9.8M | −$7.1M | −$5.8M | −$9.8M | −$7.2M | −$5.6M | −$4.3M | −$5.0M | −$2.7M | −$4.8M |
| Investing activities | ||||||||||||
| Capital expenditures | −$2.2M | −$7.6M | −$1.5M | −$708,307 | −$547,763 | −$454,995 | −$636,141 | −$863,158 | −$932,770 | −$1.2M | −$4.5M | −$6.6M |
| Investments (net) | — | — | — | −$708,307 | −$547,763 | −$491,132 | −$646,423 | −$863,158 | −$1.6M | −$495,585 | −$3.6M | −$7.3M |
| Acquisitions & other investing | −$1.7M | $3 | $0 | $708,307 | $547,763 | $491,133 | $646,425 | $863,158 | $932,770 | $1.2M | $4.5M | $6.6M |
| Cash from investing activities | −$3.9M | −$7.6M | −$1.5M | −$708,307 | −$547,763 | −$454,994 | −$636,139 | −$863,158 | −$1.6M | −$495,585 | −$3.6M | −$7.3M |
| Financing activities | ||||||||||||
| Net borrowing (repayment) | $0 | $0 | $0 | $0 | $0 | −$2.0M | $8.0M | −$3.6M | — | — | — | — |
| Shares issued | $20.3M | $0 | $23.3M | $22.2M | $11.0M | $0 | $15.7M | $6.9M | $12.3M | $11.1M | $12.3M | $2.4M |
| Other financing | −$36,858 | $1.2M | $5.8M | $4.1M | −$6,236 | −$411,648 | −$1.1M | $1.9M | −$5.4M | −$7.2M | −$3.8M | $12.7M |
| Cash from financing activities | $20.3M | $1.2M | $29.1M | $26.3M | $11.0M | −$2.4M | $22.6M | $5.2M | $6.9M | $3.9M | $8.5M | $15.1M |
| Summary | ||||||||||||
| Net change in cash | $11.8M | −$10.2M | $17.8M | $18.4M | $4.6M | −$12.8M | $14.9M | −$1.2M | $1.0M | −$1.7M | $2.3M | $3.1M |
| Cash at end of period | $50.3M | $38.5M | $48.7M | $30.9M | $12.5M | $7.8M | $20.6M | $5.8M | $7.0M | $6.0M | $7.6M | $5.4M |
| Free cash flow | −$6.8M | −$10.7M | −$11.3M | −$7.8M | −$6.4M | −$10.3M | −$7.8M | −$6.4M | −$5.2M | −$6.2M | −$7.1M | −$11.3M |
| Free cash flow margin | −82.1% | −137.2% | −237.1% | −836.9% | −229.5% | −1,050.0% | −2,350.0% | −3,176.6% | −1,525.0% | — | — | — |
| Capex / revenue | 26.6% | 97.9% | 31.1% | 75.5% | 19.7% | 46.4% | 191.4% | 427.4% | 271.5% | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
ABAT cash generation
In fiscal 2026 (ended June 30, 2026), American Battery Technology generated -$24.2 million of cash from operations and spent $13.6 million on capital expenditures, leaving free cash flow of -$37.8 million, −173.7% of revenue. Cash and equivalents rose by $37.8 million over the year.
Related: ABAT income statement, ABAT balance sheet. See the ABAT stock overview for the latest quote and news.
ABAT cash flow FAQ
What is American Battery Technology's free cash flow?
American Battery Technology's free cash flow was -$37.8 million in fiscal 2026: -$24.2 million of operating cash flow minus $13.6 million of capital expenditures It was -$31.5 million a year earlier..
How much cash does American Battery Technology generate from operations?
American Battery Technology generated -$24.2 million of cash from operating activities in fiscal 2026.
How much does American Battery Technology spend on capital expenditures?
American Battery Technology spent $13.6 million on capital expenditures in fiscal 2026, 62.5% of revenue, compared with $2.5 million the year before.