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| Date | Value |
|---|---|
| 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 |