Aqua Metals, Inc.

Aqua Metals, Inc.

AQMS
Aqua Metals, Inc.US flagNASDAQ Capital Market
2.89
USD
+0.00
- -
9.70MMarket Cap
Aqua Metals, Inc.
AQMS
(NASDAQ Capital Market)

Recent

price

2.89

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
20.58
26.05
18.65
0.35
0.49
0.01
0.05
- -
- -
- -
Revenue per Share
- -
-293.47
-177.6
-261.96
-235.72
-171.42
-84.66
-51.98
-40.71
-50.97
-38.25
-15.15
-9.84
Basic EPS, GAAP
- -
-315.53
-530.25
-280.25
-175.74
-146.38
-47.31
-26.89
-39.36
-27.84
-40.17
-7.3
-6.2
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-349.61
-370
-540.24
-556.62
-535.1
-544.15
-525.06
-525.51
-475.26
-385.96
-180.94
-147.7
Book Value per Share
- -
775.8
731.67
566.74
285.87
185.94
99.64
76.83
53.96
54.9
25.08
9.83
7.03
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
2
Basic Weighted Avg Shares
- -
- -
- -
2
4
5
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
-1,075.05
-832.28
-836.97
-14,252.78
-10,095.38
-389,575
-78,544
- -
- -
- -
Operating Margin (%)
- -
- -
1
3
3
4
2
1
1
1
1
1
1
Depreciation Expense
- -
-12
-14
-27
-40
-45
-26
-18
-15
-24
-25
-23
-18
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
-1,272.99
-904.79
-919.06
-23,853.7
-10,516.18
-385,775
-95,752
- -
- -
- -
Profit Margin (%)
-1
29
23
22
11
18
5
8
11
14
-4
9
7
Working Capital
- -
9
10
10
9
9
1
- -
- -
3
- -
- -
- -
LT Debt
-1
34
57
59
50
50
31
28
21
26
16
15
13
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
3
3
Market Capitalization
7
5
8

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4
13
11
Cash, Cash Equivalents & STI
4
11
7
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
3
4
4
Payables & Accruals
3
4
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.82%
-11.55%
-9.07%
Free Cash Flow
19.72%
10.21%
-57.7%
Net Income, GAAP
13.16%
1.08%
-7.77%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-10.45
-9.94
-7.64
- -
-38.25
2025
-10.27
-7.44
-2.19
- -
-15.15
2026
-1.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Aqua Metals, Inc. (NASDAQ: AQMS) develops and commercializes sustainable hydrometallurgical recycling technology for lead-acid and lithium-ion batteries through its patented AquaRefining process, which uses room-temperature, water-based electroplating via modular Aqualyzers to produce ultra-pure metals including lead exceeding 99.99% purity, battery-grade lithium carbonate, nickel carbonate or sulfate, cobalt rounds, copper, and manganese from black mass, manufacturing scrap, and end-of-life batteries; the company offers equipment supply, recycling services, and technology licensing to global recyclers and battery manufacturers. Founded in 2014 and headquartered in Reno, Nevada, with facilities in the Tahoe-Reno Industrial Center, Aqua Metals operates primarily in the United States while pursuing international licensing such as its first AquaRefinery in Taiwan, targeting the energy storage economy, critical minerals supply chains for electric vehicles and grid storage, and emerging deep-sea polymetallic nodule processing. Recent developments include closing a $13 million registered direct offering with a prominent institutional investor in October 2025 to fund commercialization of its first AquaRefining Campus (ARC) facility following due diligence on two Nevada sites; securing $4.1 million in additional funding during Q3 2025 for a total of $17.1 million in new capital; advancing pilot-scale processing of 1 metric ton of LFP cathode scrap to produce battery-grade lithium carbonate; signing MOUs with MOBY Robotics and Impossible Metals in November 2025 for refining deep-sea critical minerals; entering a letter of intent with Westwin Elements for annual supply of 500-1,000 metric tons of U.S.-produced nickel carbonate; regaining NASDAQ compliance; and participating in DOE grant projects and industry events like NAATBatt and The Battery Show.

Company News

APIChatGPT
  • Aqua Metals to Participate in NAATBatt 2026 Recycling & Lifecycle Management Workshop

  • Aqua Metals Selected as Industrial Partner on DOE-Funded Idaho National Laboratory Program Advancing Critical Minerals Refining

  • Aqua Metals, Inc. (AQMS) Q1 2026 Earnings Call Transcript

  • Aqua Metals Reports First Quarter 2026 Progress on Commercialization, Strategic Initiatives, and Expanded Platform Capabilities Across Critical Minerals and Energy Storage Markets

  • Aqua Metals to Announce First Quarter 2026 Financial Results and Host Investor Conference Call on May 14, 2026

  • Lion Energy Advances U.S. Battery Supply Chain Through Strategic Partnership With American Battery Factory

  • Aqua Metals, Inc. (AQMS) Q4 2025 Earnings Call Transcript

  • Head to Head Comparison: Aqua Metals (NASDAQ:AQMS) vs. Trans Global Group (OTCMKTS:TGGI)

  • Aqua Metals to Announce Fourth Quarter and Full-Year 2025 Financial Results and Host Investor Conference Call on March 31, 2026

  • Aqua Metals (AQMS) to Release Earnings on Monday

  • Aqua Metals, Inc. (NASDAQ:AQMS) Short Interest Down 19.3% in February

  • Critical Analysis: Concrete Pumping (NASDAQ:BBCP) vs. Aqua Metals (NASDAQ:AQMS)

  • Financial Survey: ARQ (NASDAQ:ARQ) and Aqua Metals (NASDAQ:AQMS)

  • Aqua Metals Enters Into a Term Sheet to Acquire Leading Energy Storage Company Lion Energy

  • Financial Contrast: Waste Connections (NYSE:WCN) vs. Aqua Metals (NASDAQ:AQMS)

  • Contrasting ARQ (NASDAQ:ARQ) & Aqua Metals (NASDAQ:AQMS)

  • Aqua Metals, Inc. (NASDAQ:AQMS) Sees Significant Decline in Short Interest

  • Aqua Metals (NASDAQ:AQMS) Shares Pass Below Fifty Day Moving Average – What’s Next?

  • Analyzing Strategic Environmental & Energy Resources (OTCMKTS:SENR) & Aqua Metals (NASDAQ:AQMS)

  • Aqua Metals, Inc. (AQMS) Q3 2025 Earnings Call Transcript