Monday 9 November 2026
Export ABTC’s income statement to Excel — free account
American Bitcoin Corp.
ABTCAmerican Bitcoin Corp.’s revenue for fiscal 2025 (year ended December 2025) was $185.2 million, up 158.8% from fiscal 2024.
- Revenue
- −1.35%
- EPS
- +2,882.9%
- Free cash flow
- +96.2%
Quarter to September 2026, against a year earlier
5.35
0.04
+0.75%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | 10 | 10 | 11 | 13 | 18 | 10 | 65 | 72 | 185 | 271 | +43.2% | 269 | 363 | 277 | +14.4% | |
| Gross margin, % | — | 58.37 | 58.37 | 57.19 | 50.61 | 57.83 | 53.04 | 32.89 | 44.77 | 50.31 | 49.09 | (8.1) pt | ||||||
| EBT | 0 | (2) | 0 | (12) | (14) | (33) | (47) | 21 | 493 | (171) | (76) | n/m | ||||||
| EBT margin, % | 0.00 | (23.75) | 0.00 | (114.60) | (114.43) | (189.12) | (449.21) | 32.02 | 689.65 | (92.51) | (28.00) | (92.5) pt | ||||||
| Net income | 0 | 0 | 0 | (12) | 0 | (31) | (79) | 40 | 429 | (153) | (72) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | 0.00 | 0.00 | 54,115.50 | 31,433.25 | 19,585.67 | 5,504.32 | 1.09 | 1.20 | 3.07 | 3.72 | n/m | |||||
| Earnings | — | 0.00 | (15,317.59) | (61,523.66) | (36,462.55) | (488.71) | (40,974.51) | 0.67 | 7.35 | (2.55) | (1.32) | n/m | ||||||
| Cash flow | — | 0.00 | (6,090.00) | (45,243.00) | (35,869.25) | (9,075.44) | (5,737.21) | (0.94) | (0.91) | (1.32) | (1.50) | n/m | ||||||
| Capex | — | 0.00 | 0.00 | 0.00 | (8,148.50) | (6,073.89) | (2,303.74) | 1.05 | (1.12) | (6.61) | (2.55) | n/m | ||||||
| Free cash flow | — | 0.00 | (6,090.00) | (45,243.00) | (44,017.75) | (15,149.33) | (8,040.95) | 0.11 | (2.03) | (7.93) | (4.04) | n/m | ||||||
| Book value | 0.00 | 0.00 | 50,000.00 | 108,798.50 | 0.00 | 66,610.78 | (2,539.74) | (0.01) | 17.07 | 11.03 | 10.96 | n/m | ||||||
| Shares, m | — | 6 | 0 | 0 | 0 | 0 | 0 | 59 | 59 | 60 | 68 | +32.2% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | 0.00 | 488.00 | 0.00 | 0.00 | 0.00 | 0.00 | 867.52 | 0.00 | 0.00 | 0.00 | 150.6 | |||||
| P/S | — | 0.00 | 0.00 | 10.67 | 8.40 | 2.68 | 0.24 | 528.86 | 24.99 | 8.31 | 1.44 | 64.9 | ||||||
| P/B | — | 0.00 | 5.86 | 5.31 | 2.89 | 0.82 | 0.00 | 0.00 | 1.76 | 2.31 | 0.49 | 2.1 | ||||||
| EV/Sales | — | 0.00 | 0.00 | 8.62 | 7.74 | 2.92 | 0.73 | 528.73 | 25.18 | 8.36 | — | 64.7 | ||||||
| EV/FCF | — | 0.00 | 0.00 | (7.58) | (5.30) | (3.77) | (0.65) | 5,083.94 | (31.97) | (3.23) | — | 559.0 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | 0 | (1) | (9) | (14) | (8) | (11) | (56) | (54) | (80) | (109) | n/m | |||||
| Capex | — | 0 | — | — | (3) | (5) | (4) | 63 | (67) | (399) | (185) | n/m | ||||||
| Free cash flow | — | 0 | (1) | (9) | (18) | (14) | (15) | 7 | (121) | (479) | (294) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 0 | 0 | 0 | 22 | 7 | (11) | (12) | (14) | 103 | (103) | (127) | +113.6% | |||||
| Net debt | 0 | 0 | 0 | (22) | (3) | 4 | 7 | (1) | 5 | (4) | (7) | +74.7% | ||||||
| Shareholders’ equity | 0 | 0 | 5 | 22 | 57 | 60 | (5) | (1) | 1,015 | 666 | 798 | +212.5% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 0.00 | (1,558.11) | (0.10) | (30.00) | 0.00 | (33.16) | (410.99) | 206.84 | 76.24 | (13.02) | (5.60) | (13.0) pt | |||||
| ROIC | 0.00 | 0.00 | (11.34) | 0.00 | 0.00 | (32.25) | (1,414.46) | 0.00 | 29.67 | (21.52) | (8.30) | (21.5) pt | ||||||
| ROE | 0.00 | (10,633.76) | (0.91) | (92.70) | 0.00 | (54.41) | 1,141.27 | (1,041.09) | 84.56 | (18.23) | (10.54) | (18.2) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | 94 | 136 | 204 | 112 | 3 | 3 | 2 | — | (47.4%) | |||||
| Revenue/emp, $m | — | 0.00 | 0.00 | 0.12 | 0.09 | 0.09 | 0.09 | 21.66 | 23.85 | 92.58 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026
American Bitcoin Corp. vs peers in Capital Markets (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| XRPN Evernorth Holdings Inc. | $608.2M | — | — | — | — | — | — | — | Compare |
| BTGO BitGo Holdings, Inc. | $571.3M | — (loss-making) | — (loss-making) | +143.96% (above 0%: growing) | n/m | −401.80% (below 0%: shrinking) | 0.85% | (0.40%) | Compare |
| MTC MMTec, Inc. | $515.9M | — (loss-making) | 6.2× | +463.39% (above 0%: growing) | +53.54% (above 0%: growing) | +10.81% (above 0%: growing) | 0.00% | 0.00% | Compare |
| CSHR CoinShares PLC | $498.1M | 5.0× | — | — | +128.25% (above 0%: growing) | −51.03% (below 0%: shrinking) | — | 0.00% | Compare |
| HIVE HIVE Digital Technologies Ltd. | $488.2M | — (loss-making) | — (loss-making) | +73.47% (above 0%: growing) | n/m | −12.46% (below 0%: shrinking) | 31.90% | (58.65%) | Compare |
| FWDI Forward Industries, Inc. | $434.8M | — (loss-making) | — (loss-making) | +332.09% (above 0%: growing) | n/m | −4,212.31% (below 0%: shrinking) | 62.19% | (651.82%) | Compare |
| ABTC American Bitcoin Corp. | $389.6M | — (loss-making) | — (loss-making) | −1.35% (below 0%: shrinking) | +2,882.93% (above 0%: growing) | +96.18% (above 0%: growing) | 40.77% | 302.79% | |
| GEMI Gemini Space Station, Inc. | $322.3M | — (loss-making) | — (loss-making) | +36.61% (above 0%: growing) | n/m | −6,650.00% (below 0%: shrinking) | 100.00% | (169.19%) | Compare |
| BTBT Bit Digital, Inc. | $264.6M | — (loss-making) | — (loss-making) | +25.15% (above 0%: growing) | n/m | −100.81% (below 0%: shrinking) | 57.92% | (257.26%) | Compare |
| Median of peers | $493.2M | — | — | +108.72% | — | −100.81% | 44.91% | (58.65%) |