Aqua Metals (AQMS) EBT (2015 - 2025)
Aqua Metals (AQMS) reported EBT of -$4.4 million for Q4 2025, up 40.35% year-over-year from -$3.2 million in Q4 2024, and down 42.26% quarter-over-quarter from -$3.1 million in Q3 2025.
Aqua Metals (AQMS) EBT (2015 - 2025) Analysis & Trends
Aqua Metals (AQMS) has 11 years of EBT data on file, last reported at -$4.4 million in Q4 2025.
- EBT for Q4 2025 came in at -$4.4 million, up 40.35% year-over-year; the trailing twelve-month figure through Dec 2025 was -$23.1 million (up 5.77% YoY), and the FY2025 annual result was -$22.6 million, up 7.77% from the prior year.
- EBT eased to -$4.4 million in Q4 2025 per AQMS's latest filing, from -$3.1 million in the prior quarter.
- Over five years, EBT peaked at -$1.4 million in Q3 2021 and troughed at -$10.0 million in Q4 2023.
- A 5-year average of -$5.3 million and a median of -$4.7 million in 2021 frame the typical range for EBT.
- The sharpest annual moves came in 2021 and 2022: EBT soared 69.67% in 2021, then slumped 180.3% in 2022.
- A 5-year view of EBT shows it stood at -$4.7 million in 2021, then rose by 15.62% to -$4.0 million in 2022, then sank by 152.54% to -$10.0 million in 2023, then increased by 25.76% to -$7.4 million in 2024, then jumped by 40.35% to -$4.4 million in 2025.
- Business Quant data shows AQMS's EBT at -$4.4 million in Q4 2025, -$3.1 million in Q3 2025, and -$6.8 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | -198.49 Mn |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 283.56 Mn |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 84.35 Mn |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | -8.82 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 | -34.07 Mn |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 891.00 Mn |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | -7.38 Mn |
| 10 | Aqua Metals | 4.97 Mn | 4.97 Mn | - | -4.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -4.44 Mn |
| Sep 30, 2025 | -3.12 Mn |
| Jun 30, 2025 | -6.77 Mn |
| Mar 31, 2025 | -8.81 Mn |
| Dec 31, 2024 | -7.44 Mn |
| Sep 30, 2024 | -5.21 Mn |
| Jun 30, 2024 | -6.15 Mn |
| Mar 31, 2024 | -5.75 Mn |
| Dec 31, 2023 | -10.03 Mn |
| Sep 30, 2023 | -4.55 Mn |
| Jun 30, 2023 | -4.76 Mn |
| Mar 31, 2023 | -4.61 Mn |
| Dec 31, 2022 | -3.97 Mn |
| Sep 30, 2022 | -3.89 Mn |
| Jun 30, 2022 | -3.17 Mn |
| Mar 31, 2022 | -4.41 Mn |
| Dec 31, 2021 | -4.71 Mn |
| Sep 30, 2021 | -1.39 Mn |
| Jun 30, 2021 | -8.02 Mn |
| Mar 31, 2021 | -4.08 Mn |