Aqua Metals (AQMS) Accumulated Expenses (2014 - 2025)

Aqua Metals (AQMS) reported Accumulated Expenses of $3.6 million for Q4 2025, up 14.06% year-over-year from $3.1 million in Q4 2024, and up 42.46% quarter-over-quarter from $2.5 million in Q3 2025.

Aqua Metals (AQMS) Accumulated Expenses (2014 - 2025) Analysis & Trends

Aqua Metals (AQMS) has 12 years of Accumulated Expenses data on file, last reported at $3.6 million in Q4 2025.

  • Accumulated Expenses for Q4 2025 came in at $3.6 million, up 14.06% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.6 million (up 14.06% YoY), and the FY2025 annual result was $3.6 million, up 14.06% from the prior year.
  • Accumulated Expenses grew to $3.6 million in Q4 2025 per AQMS's latest filing, from $2.5 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $4.6 million in Q2 2021 and troughed at $828000.0 in Q2 2022.
  • A 5-year average of $2.2 million and a median of $2.1 million in 2023 frame the typical range for Accumulated Expenses.
  • The sharpest annual moves came in 2022 and 2023: Accumulated Expenses tumbled 82.13% in 2022, then soared 139.86% in 2023.
  • A 5-year view of Accumulated Expenses shows it stood at $3.0 million in 2021, then plunged by 40.77% to $1.8 million in 2022, then jumped by 38.6% to $2.5 million in 2023, then rose by 26.87% to $3.1 million in 2024, then gained by 14.06% to $3.6 million in 2025.
  • Business Quant data shows AQMS's Accumulated Expenses at $3.6 million in Q4 2025, $2.5 million in Q3 2025, and $1.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn
5 Enviri 1.71 Bn 1.63 Bn -
6 Onterris 613.85 Mn 602.80 Mn -
7 American Battery Technology 425.23 Mn 386.75 Mn 737,749.00
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn
10 Aqua Metals 4.97 Mn 4.97 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 3.57 Mn
Sep 30, 2025 2.51 Mn
Jun 30, 2025 1.01 Mn
Mar 31, 2025 860,000.00
Dec 31, 2024 3.13 Mn
Sep 30, 2024 2.31 Mn
Jun 30, 2024 1.53 Mn
Mar 31, 2024 3.23 Mn
Dec 31, 2023 2.47 Mn
Sep 30, 2023 2.26 Mn
Jun 30, 2023 1.99 Mn
Mar 31, 2023 1.51 Mn
Dec 31, 2022 1.78 Mn
Sep 30, 2022 1.12 Mn
Jun 30, 2022 828,000.00
Mar 31, 2022 2.89 Mn
Dec 31, 2021 3.01 Mn
Sep 30, 2021 1.00 Mn
Jun 30, 2021 4.63 Mn
Mar 31, 2021 1.71 Mn