Aqua Metals (AQMS)
NASDAQ:AQMS
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-7.44Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed meaningful technical progress and financial discipline: Aqua Metals demonstrated validated battery-grade lithium carbonate production from multiple feedstocks, achieved >5,000 operating hours, and materially reduced operating expenses and net loss year-over-year. However, the company faces near-term liquidity constraints (cash of ~$6.8M and ~$3.8M quarterly cash burn), unresolved exposure to the Lion Energy financing (~$4.1M) with a $437k provision, and no binding commercial contracts yet—progress toward commercialization is contingent on site selection and financing. Overall, the positives around validated technology, reduced losses and financing flexibility (ATM capacity) outweigh the near-term operational and liquidity risks, but execution on site selection and commercial conversions remains critical.Company Guidance
Significant Reduction in Net Loss
Net loss improved to approximately $4.0M in Q1 2026 from $8.3M in Q1 2025, a ~51.8% year-over-year reduction; loss per share improved to $1.22 from $10.27, an ~88.2% improvement driven primarily by the absence of prior-year noncash impairment charges.
Operating Expense Discipline
Total operating expenses were ~$4.1M in the quarter versus ~$8.7M in Q1 2025, a ~52.9% reduction, reflecting continued cost discipline while supporting technical and engineering activities.
Technical Validation — Battery-Grade Lithium Carbonate
Surpassed 5,000 cumulative operating hours across multi-feedstock campaigns and successfully produced independently-validated, industry-grade battery-grade lithium carbonate from multiple recycled feedstocks including NMC and LFP, supporting the AquaRefining commercialization pathway.
Demonstrated Additional Product Purity
Achieved manganese sulfate production purity of approximately 99.8%, demonstrating broader applicability of the AquaRefining process across critical minerals and battery precursor markets.
Progress Toward First Commercial Facility
Advanced site selection and engineering work for the first commercial lithium battery recycling facility with a short list of U.S. locations under evaluation (focus on feedstock access, logistics, utilities, permitting and partner proximity); plant configuration, operating parameters and capital planning are being refined to enable timely commercialization.
Access to Financing Flexibility
Raised approximately $1.3M net under ATM during the quarter and report approximately $48.6M of remaining capacity under the ATM program, indicating available additional financing flexibility while continuing to evaluate alternatives.
AQMS 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
AQMS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $4.62 | $4.12 | -10.82% |
Mar 31, 2026 | $4.28 | $4.03 | -5.84% |
Nov 12, 2025 | $7.61 | $6.70 | -11.96% |
Aug 13, 2025 | $4.22 | $3.99 | -5.45% |
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 Aqua Metals (AQMS) report earnings?
Aqua Metals (AQMS) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Aqua Metals (AQMS) earnings time?
Aqua Metals (AQMS) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is AQMS EPS forecast?
Currently, no data Available