SequelSEC

American Bitcoin Corp. ABTC

Finance Services · CIK 0001755953 · Fiscal year ends 1231 · Bank

Revenue
$185.16M
Fiscal year ended 2025-12-31
Net income
-$153.17M
Fiscal year ended 2025-12-31
Total assets
$1.25B
Fiscal year ended 2025-12-31

American Bitcoin Corp. (ABTC) reported revenue of $185.16M and net income of -$153.17M for the fiscal year ended 2025-12-31. This page shows 8 annual periods of income statement, balance sheet and cash flow figures normalized from American Bitcoin Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

American Bitcoin Corp. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-06-302019-06-302018-06-30
Revenue$185.16M$71.54M$64.98M$10.46M$17.63M$12.57M$10.82M$10.48M
Cost of revenue$92.00M$39.51MUnavailable$4.91M$7.43M$6.21M$4.63M$4.36M
Gross profit$93.16M$32.03MUnavailable$5.55M$10.19M$6.36M$6.19M$6.11M
Operating income-$227.99M$484.10M$6.24M-$43.08M-$33.11M-$17.27M-$12.51M-$2.46M
Net income-$153.17M$428.94M$39.61M-$79.06M-$31.33M-$13.57M-$14.42MUnavailable
Research & developmentUnavailableUnavailable$2.34M$4.09M$5.89M$3.21M$5.57M$2.65M
Weighted-average diluted sharesshares 905.08Mshares 891.76Mshares 891.76MUnavailableUnavailableUnavailableUnavailableUnavailable
Pretax income-$171.29M$493.36M$20.81M-$46.98M-$33.34M-$14.39M-$12.40MUnavailable
Income tax expense-$18.12M$59.61M-$18.80M-$701.12K-$2.26M$30.98KUnavailableUnavailable
Diluted EPS$-0.17$0.49$0.04$-546.56UnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailable$13.59M$17.88M$19.11M$13.14M$5.93M
General & administrative$33.39M$34.49M$34.20M$8.02M$10.17M$11.32M$5.64MUnavailable
Selling & marketingUnavailableUnavailable$2.29M$5.57M$7.71M$7.79M$7.50MUnavailable

Balance

American Bitcoin Corp. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-06-302019-06-302018-06-30
Cash & equivalentsUnavailable$735.00K$915.00K$267.00K$12.58M$24.16M$21.87M$1.57M
Total assets$1.25B$1.11B$18.83M$19.47M$94.48M$58.53M$24.20MUnavailable
Current assets$8.92M$153.12M$5.40M$10.76M$18.23M$27.73M$24.20M$2.79M
Total liabilities$580.69M$91.33M$19.43M$24.29M$34.53M$23.01M$5.48MUnavailable
Current liabilities$111.59M$50.34M$19.43M$22.51M$29.17M$11.75M$2.44M$1.39M
Total equity incl. NCI$665.82M$1.02B$473.78M$26.70M$59.95M$35.52M$18.72M$1.40M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailable$486.00K$429.95K$873.69K$1.86M$1.26M$254.09K
Goodwill$154.43M$53.08M$57.60M$18.70M$32.84M$20.25MUnavailableUnavailable
Long-term debtUnavailableUnavailable$5.15M$1.41M$4.10MUnavailableUnavailableUnavailable
Accounts payable$1.96M$876.00K$2.23M$1.42M$1.72M$1.44M$1.32M$550.44K

Cash flow

American Bitcoin Corp. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-06-302019-06-302018-06-30
Operating cash flow-$79.61M-$54.03M-$55.96M-$10.90M-$8.17M-$14.35M-$9.05M-$3.74M
Capital expendituresUnavailable$6.60M$1.89M$31.88K$39.26KUnavailableUnavailableUnavailable
Investing cash flow-$398.26M-$66.59M$62.72M-$3.97M-$10.49M-$3.60M$18.84MUnavailable
Financing cash flow$481.69M$120.62M-$6.76M$8.64M$14.74M$20.23M$10.00M$1.00M
Net change in cashUnavailable-$180.00K$648.00K-$6.26M-$3.90M$2.29M$19.79M-$2.74M
Stock-based compensation$2.14M$9.17M$9.11M$873.93K$2.07M$1.17M$490.83KUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$58.24M$22.74M$14.41M$7.83M$5.74M$1.32MUnavailableUnavailable

Derived

American Bitcoin Corp. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-06-302019-06-302018-06-30
Free cash flowUnavailable-$60.64MUnavailableUnavailable-$8.21MUnavailableUnavailableUnavailable
Gross margin50.3%44.8%Unavailable53.0%57.8%50.6%57.2%58.4%
Operating margin-123.1%676.7%9.6%-412.0%-187.8%-137.4%-115.6%-23.5%
FCF marginUnavailable-84.8%UnavailableUnavailable-46.6%UnavailableUnavailableUnavailable
SBC / revenue1.2%12.8%14.0%8.4%11.7%9.3%4.5%Unavailable
Current ratio0.08x3.04x0.28x0.48x0.62x2.36x9.91x2.00x
Revenue YoY growth158.8%10.1%521.3%-40.7%Unavailable16.2%3.3%Unavailable
Net margin-82.7%599.6%61.0%-755.9%Unavailable-107.9%UnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailable39.1%33.4%25.5%51.4%25.2%
CapEx / revenueUnavailable9.2%UnavailableUnavailable0.2%UnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailable12.1%-90.4%UnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ABTC in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-03-27View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

Reconciliation checks needing review

3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2023-12-31

Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.

balance equationreview2023-12-31

Difference 474383000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.

balance equationreview2022-12-31

Difference 31529528 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.