American Bitcoin Corp (ABTC)
NASDAQ:ABTC
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Earnings Data
Report Date
Nov 13, 2026After Close (Not Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Operationally, the company showed strong execution: record production, rapid reserve accumulation (+1,620 BTC; ~30% growth), meaningful SPS accretion (~20% QoQ), fleet expansion to ~28.1 EH/s, and a ~23% reduction in cost to mine. Short-term financials were negatively impacted by a ~22% decline in Bitcoin price that reduced revenue (~$78.3M to $62.1M) and produced a large noncash mark-to-market loss (~$117M) that drove a GAAP net loss. Management emphasizes the noncash nature of the loss, continued accumulation (no coin sales), and structural advantages (Hut 8 partnership, asset-light model) while acknowledging share issuance/dilution from the ATM program and elevated G&A as a percent of revenue due to the price-driven revenue decline. On balance, operational positives and compounding reserve growth outweigh the near-term accounting and market headwinds.Company Guidance
Record Quarterly Bitcoin Production
Mined 817 Bitcoin in Q1 2026, the highest quarterly production in company history and up from 783 BTC in Q4 2025; Q1 production represented ~33% of total Bitcoin mined since launch.
Rapid Strategic Reserve Growth
Strategic Bitcoin reserve increased from 5,401 BTC at year-end to 7,021 BTC at quarter end, an addition of ~1,620 BTC in the quarter (roughly 30% growth in 90 days).
Satoshis Per Share (SPS) Accretion
SPS grew from 554 at year-end to ~663 at quarter end, approximately a 20% increase in one quarter; management reported SPS of over 690 as of the call.
Fleet Expansion and Deployment Velocity
Owned fleet grew to nearly 90,000 miners with nameplate capacity rising to ~28.1 EH/s after Drumheller energization (up from roughly 78,000 miners at year-end); Drumheller went from purchase agreement to fully energized in under two months.
Material Improvement in Cost to Mine
Cost to mine fell to approximately $36,200 per Bitcoin in Q1 from ~$46,900 in Q4, a ~23% sequential improvement driven by higher production and disciplined energy pricing.
Strong Mining Economics and Gross Profitability
Mining gross profit was approximately $32.5 million with a gross margin of ~52% (above 50%) despite a ~22% decline in Bitcoin price quarter-over-quarter.
ATM-Funded Treasury Accumulation
Treasury purchases contributed ~803 BTC in the quarter funded by the ATM program; cumulative ATM proceeds reached ~$351.5 million (16.7% of $2.1B shelf), with Q1 issuance of ~84 million Class A shares for ~$111 million gross proceeds.
Partnership and Efficiency Gains
Acquired ~11,298 next-generation miners adding ~3.05 EH/s at ~13.5 J/TH efficiency via Hut 8 partnership; Drumheller units expected to improve blended fleet efficiency.
ABTC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ABTC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $1.25 | $1.16 | -7.20% |
Feb 26, 2026 | $1.05 | $1.08 | +2.86% |
Nov 14, 2025 | $4.74 | $4.86 | +2.53% |
Aug 13, 2025 | $7.00 | $6.85 | -2.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does American Bitcoin Corp (ABTC) report earnings?
American Bitcoin Corp (ABTC) is schdueled to report earning on Nov 13, 2026, After Close (Not Confirmed).
What is American Bitcoin Corp (ABTC) earnings time?
American Bitcoin Corp (ABTC) earnings time is at Nov 13, 2026, After Close (Not Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ABTC EPS forecast?
Currently, no data Available