American Bitcoin Corp (ABTC) operates as a firm focused on strategically accumulating and mining Bitcoin. The company was established through the consolidation ...
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Est. EPS $-0.02 · Revenue $75.15M · 1 analysts
Est. EPS $0.07 · Revenue $92.60M · 1 analysts
Est. EPS $-2.03 · Revenue $296.80M · 1 analysts
Est. EPS $-0.02 · Revenue $99.15M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $185.2M | +158.8% | +7.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-153.2M | -135.7% | +30.1% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +50.3% | +12.4% | -5.9% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -123.1% | -118.2% | +41.9% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -82.7% | -113.8% | +35.2% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-79.6M | +11.3% | +50.4% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -43.0% | +65.7% | +54.1% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 28.3% | — | -61.1% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.08x | -97.4% | +49.8% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $1.2B | +12.7% | +0.4% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -2.55 vs -0.53 | -385.7% | -0.80 vs -0.07 | -1085.2% |
| Revenue Surprise | $185.2M vs $166.6M | +11.1% | $67.0M vs $64.8M | +3.5% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | Mateen Justin | director | Class A Common Stock | A | 162,438 | $6.19 |
| Aug 5, 2026 | Mateen Justin | director | Class A Common Stock | A | 144,543 | $6.40 |
| Aug 4, 2026 | Sacks Paul | officer: Interim CFO | Restricted Stock Units | — | 56,497 | — |
| Jul 29, 2026 | Mateen Justin | director | Restricted Stock Units | A | 46,404 | — |
| Jul 29, 2026 | Broukhim Michael | director | Restricted Stock Units | A | 49,304 | — |
Operator: Good morning, and welcome to American Bitcoin's Second Quarter 2026 Earnings Call. Following prepared remarks, we will open the line for questions. As a reminder, this call is being recorded, and a transcript will be made available on abtc.com. Before we begin, please note that during this call, forward-looking statements will be made within the meaning of the federal securities laws. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially. For a detailed discussion of the risks and uncertainties that could cause actual results and events to differ, please refer to American Bitcoin's filings with the Securities and Exchange Commission, including the company's most recent annual report on Form 10-K for the fiscal year ending December 31, 2025, and its subsequent quarterly reports on Form 10-Q. American Bitcoin undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances after the date of this call, except as required by law. During this call, the company may also discuss certain non-GAAP financial measures. A reconciliation of these measures to the most directly comparable GAAP measures is included in the company's earnings release, which is available on the Investor Relations section of our website and was furnished with the Form 8-K filed with the SEC. I would now like to turn the call over to American Bitcoin's Chief Executive Officer, Mike Ho. Michael Ho: Thank you, and good morning, everyone. Before I get into the results, I want to spend a minute on how we think about this business because it explains the decisions behind the results we will cover today. Our conviction is simple. We believe Bitcoin is a growing capital asset and that its long-term compounding will outperform our cost of capital. And at its core, American Bitcoin is an operating business built on this conviction. While Bitcoin is facing headwinds, our response is to do the work today that prepares us for tomorrow. That is why strengthening our operating business is so important. It is what allows us to continue to grow through Bitcoin's market cycles. At the same time, we are clear-eyed about the environment. Every business navigates macro headwinds and tailwinds. In Bitcoin mining, those forces are structural. On the cost side, competition for power has intensified as demand from other large-scale use cases grow. On the revenue side, the Bitcoin price declined during the quarter, which compressed mining revenue across the industry. And the next halving will reduce block subsidy again. On the schedule, Bitcoin has always followed. We cannot control these forces. What we can control is how we respond to them. We believe the hallmark of an enduring business is the ability to create value across market cycles, and we view this stretch as a period of opportunistic growth for this company. Our conviction in Bitcoin's …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Matthew Prusak | President & Interim Chief Financial Officer | USD 576,923 | Male | 1994 | Active |
Paul Sacks | Interim CFO & Head of Derivatives | — | Male | 1973 | Active |
Asher Kevin Genoot | Executive Chairman | — | Male | 1996 | Active |
Michael | Chief Executive Officer & Director | — | Male | 1994 | Active |
Eric F. Trump | Co-Founder & Chief Strategy Officer | — | Male | — | Active |
American Bitcoin Corp. (NASDAQ: ABTC - Get Free Report) Director Justin Mateen purchased 162,438 shares of the company's stock in a transaction dated Thursday, August 6th. The shares were bought at an average price of $6.19 per share, for a total transaction of $1,005,491.22. Following the completion of the transaction, the director directly owned 492,297 shares
American Bitcoin Corp. (NASDAQ: ABTC - Get Free Report) Director Justin Mateen acquired 144,543 shares of the stock in a transaction on Wednesday, August 5th. The stock was bought at an average price of $6.40 per share, for a total transaction of $925,075.20. Following the transaction, the director owned 329,859 shares in the company, valued at
American Bitcoin Corp. (ABTC) Q2 2026 Earnings Call Transcript
American Bitcoin reported Q2 FY26 results with revenue and EPS missing expectations, but operational metrics showed record Bitcoin production and strong fleet efficiency. ABTC's cost to mine remained competitive at ~$36,500 per Bitcoin, while SG&A expenses were well controlled, supporting stable mining economics despite higher energy costs. Valuation has reset significantly, but a large working capital deficit (~$111 million) and substantial miner purchase obligations ($371.7 million) constrain financial flexibility.
American Bitcoin NASDAQ: ABTC reported higher second-quarter Bitcoin production and revenue as the company brought its Drumheller facility online at scale, while a decline in Bitcoin prices contributed to a GAAP net loss tied largely to fair-value accounting for its digital-asset holdings.
