Aqua Metals (AQMS) Equity Average (2015 - 2025)

Aqua Metals (AQMS) reported Equity Average of $10.6 million for Q4 2025, down 42.67% year-over-year from $18.6 million in Q4 2024, and up 82.92% quarter-over-quarter from $5.8 million in Q3 2025.

Aqua Metals (AQMS) Equity Average (2015 - 2025) Analysis & Trends

Aqua Metals (AQMS) has 10 years of Equity Average data on file, last reported at $10.6 million in Q4 2025.

  • Equity Average for Q4 2025 came in at $10.6 million, down 42.67% year-over-year; the trailing twelve-month figure through Dec 2025 was $10.6 million (down 42.67% YoY), and the FY2025 annual result was $15.5 million, down 26.69% from the prior year.
  • Equity Average improved to $10.6 million in Q4 2025 per AQMS's latest filing, from $5.8 million in the prior quarter.
  • Over five years, Equity Average peaked at $34.5 million in Q2 2021 and troughed at $5.8 million in Q3 2025.
  • A 5-year average of $22.5 million and a median of $24.2 million in 2024 frame the typical range for Equity Average.
  • The sharpest annual moves came in 2023 and 2025: Equity Average jumped 38.65% in 2023, then tumbled 74.76% in 2025.
  • A 5-year view of Equity Average shows it stood at $29.2 million in 2021, then decreased by 23.94% to $22.2 million in 2022, then surged by 38.65% to $30.8 million in 2023, then tumbled by 39.61% to $18.6 million in 2024, then sank by 42.67% to $10.6 million in 2025.
  • Business Quant data shows AQMS's Equity Average at $10.6 million in Q4 2025, $5.8 million in Q3 2025, and $7.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn 5.40 Bn
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 8.15 Bn
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 2.76 Bn
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 1.57 Bn
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 737,749.00 115.87 Mn
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 10.01 Bn
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn 46.56 Mn
10 Aqua Metals 4.97 Mn 4.97 Mn - 10.65 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 10.65 Mn
Sep 30, 2025 5.82 Mn
Jun 30, 2025 7.32 Mn
Mar 31, 2025 12.89 Mn
Dec 31, 2024 18.57 Mn
Sep 30, 2024 23.05 Mn
Jun 30, 2024 24.03 Mn
Mar 31, 2024 24.46 Mn
Dec 31, 2023 30.75 Mn
Sep 30, 2023 25.59 Mn
Jun 30, 2023 17.41 Mn
Mar 31, 2023 20.00 Mn
Dec 31, 2022 22.18 Mn
Sep 30, 2022 24.56 Mn
Jun 30, 2022 26.65 Mn
Mar 31, 2022 27.58 Mn
Dec 31, 2021 29.16 Mn
Sep 30, 2021 31.24 Mn
Jun 30, 2021 34.47 Mn
Mar 31, 2021 34.19 Mn