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American Bitcoin (ABTC) Q3 FY2026 earnings: revenue $63 million, down 1.3% on the year

American Bitcoin Corp. (ABTC) reported revenue of $63 million for Q3 FY2026, the quarter ended 30 September 2026, down 1.3% on the same quarter a year earlier. Net income was $126 million, up 3525.5% on the year, and diluted earnings per share $1.73. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue
$63 million
-1.3% on the year · -5.5% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
302.8%
11.2% a year earlier
Q4 FY2024Q3 FY2026
Net income
$126 million
+3,525.5% on the year
Q4 FY2024Q3 FY2026
Diluted EPS
$1.73
+2,783.3% on the year
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

  • Net income turned positive in Q3: The company reported net income of about $126 million, compared with a net loss of about $57.2 million in Q2 2026.
  • Digital asset gain drove income: A gain of about $197.3 million on digital assets compared with a loss of about $71.2 million in Q2 2026, partly offset by a $64.3 million loss on derivatives.
  • Bitcoin holdings rose about 5%: Bitcoin holdings rose from about 8,002 to about 8,427, an increase of about 425 Bitcoin, or about 5%, in one quarter.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue63.467.064.2-5.5%-1.3%
Cost of revenue37.534.028.3+10.3%+32.7%
Gross profit25.833.035.9-21.7%-28.1%
Gross margin40.8%49.3%56.0%
Operating income192-74.17.2+2,564.7%
Operating margin302.8%-110.5%11.2%
Pre-tax income128-55.75.2+2,340.9%
Income tax1.61.41.8+12.1%-9.9%
Effective tax rate1.2%n/a33.5%
Net income126-57.23.5+3,525.5%
Net margin198.9%-85.3%5.4%
Diluted EPS$1.73-$0.80$0.06+2,783.3%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow-8.7-21.3-39.0
Cash from investing-2.3-4.0-279
Cash from financing0.033.6326
Depreciation and amortisation28.628.215.2+1.2%+87.8%
Share-based compensation0.40.80.0-50.0%
Diluted shares, weighted73m71m60m+1.9%+21.5%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity798672575+18.8%+38.8%
Operating lease liabilities120129145-7.2%-17.5%
Other liabilities505508442-0.7%+14.2%
Total liabilities and equity1,4231,3091,163+8.7%+22.4%
Fixed assets287313371-8.3%-22.5%
Goodwill1541541520.0%+1.7%
Intangible assetsn/an/a1.0
Cash and equivalents7.418.48.0-59.6%-7.1%
Other assets974824631+18.3%+54.3%
Total assets1,4231,3091,163+8.7%+22.4%

Questions

What was American Bitcoin's revenue in Q3 FY2026?

American Bitcoin (ABTC) reported revenue of $63 million for Q3 FY2026, the quarter ended 30 September 2026, down 1.3% on the same quarter a year earlier.

How much did American Bitcoin earn in Q3 FY2026?

Net income for Q3 FY2026 was $126 million, up 3525.5% on the year, and diluted earnings per share $1.73.

When did American Bitcoin report Q3 FY2026 results?

American Bitcoin filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022 †Q2 FY2022 †Q3 FY2022 †Q4 FY2022 *Q1 FY2023 †Q2 FY2023 †Q3 FY2023 †Q4 FY2023 *Q1 FY2024 †Q2 FY2024 †Q3 FY2024 †Q4 FY2024 *Q1 FY2025 †Q2 FY2025 †Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue6.64.23.53.12.85.15.35.5-9.07.55.511.63.812.330.364.278.362.167.063.4
Cost of revenue2.81.51.21.51.21.12.84.0n/a4.83.811.13.611.715.328.336.729.634.037.5
Gross profit3.82.72.31.61.61.61.31.1n/a2.71.70.50.30.714.935.941.632.533.025.8
Gross margin58%64%66%52%57%31%25%20%n/a35%31%4%7%6%49%56%53%52%49%41%
R&D1.81.71.31.00.70.80.70.6n/an/an/an/an/an/an/an/an/an/an/an/a
Operating income-20.1-19.9-20.2-3.7-4.8-1.7-2.7-9.26.7-1.6-5.9-10.2-4.9-1354.47.2-105-118-74.1192
Operating margin-303%-469%-578%-121%-167%-33%-51%-168%n/a-21%-106%-88%-127%-1094%15%11%-134%-190%-111%303%
Interest expensen/an/an/an/an/a0.20.00.00.20.30.30.30.0n/a0.0n/an/an/an/an/a
Pre-tax income-19.5-21.3-20.6-5.2-5.3-6.9-2.6-8.19.0-11.7-4.0-1.10.4-1144.45.2-66.8-80.8-55.7128
Tax raten/an/an/an/an/an/an/an/an/an/an/an/an/an/a22%34%n/an/an/a1%
Net income-17.2-22.0-29.6-2.3-25.2-6.9-2.6-8.1-3.4230-61.1-0.60.4-1013.43.5-59.5-81.8-57.2126
Net margin-260%-517%-847%-75%-887%-136%-50%-148%n/a3076%-1107%-5%10%-816%11%5%-76%-132%-85%199%
Diluted EPSn/a-$23.15-$1.38-$0.98n/a-$0.02-$0.01-$0.05n/a-$0.03-$0.01-$0.01n/a-$0.11$0.06$0.06n/a-$0.08-$0.80$1.73
Operating cash flow-3.1-3.6-3.6-3.3-0.41.8-1.6-1.1-0.7-1.00.2-1.6-1.0-44.7-0.9-39.0n/a-42.5-21.3-8.7
Capital expendituren/an/an/an/an/a0.01.50.00.4n/an/a0.0n/an/an/an/an/an/an/an/a
Free cash flown/an/an/an/an/a1.8-3.1-1.1-1.0n/an/a-1.6n/an/an/an/an/an/an/an/a
Buybacksn/an/an/an/an/an/an/an/an/an/an/an/an/a0.1n/an/an/an/an/an/a
Shares outstanding12m19m19m2m3m3m84m120m6m456m479m492m636m840m889mn/an/an/an/an/a
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Revenue below zero (Q4 FY2023) is as the company filed it: its revenue line takes off losses (on securities sold, hedges or investments), revenue reversed from earlier periods or incentives paid out, and in that period they were larger than the rest. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.