The financials
American Bitcoin Corp by the numbers
American Bitcoin Corp (ABTC) reported revenue of $62M in Q1 2026 (quarter ended March 31, 2026), up 403% from the same quarter a year earlier. That came with a gross margin of 52% and net loss of $82M. For the full year FY2025, revenue was $185M (+159% year on year) and net income −$153M. Its largest product in 2023-Q3 was Mining Activities at $5.2M, 69% of the disclosed total, just ahead of Software at 27%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $62M | $12M | +403% |
| Gross profit | $33M | $687K | +4634% |
| Operating income | −$118M | −$135M | n/a |
| Net income | −$82M | −$101M | n/a |
| Diluted EPS | −$0.08 | −$0.11 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Mining Activities | $5.2M | 69% |
| Software | $2.1M | 27% |
| Management Services | $288K | 3.8% |
| Other | $7K | 0.1% |
| Consulting | $6K | 0.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q3 2024Total $3.7M (-33%)
Mining Activities grew -29% year on year
Segment Latestquarter on quarteryear on year
- Mining Activities$3.7M$3.7MQoQ -33%year on year -29%-33%-29%
- Consulting--QoQ -year on year ---
- Management Services--QoQ -year on year ---
- Other--QoQ -year on year ---
- Software--QoQ -year on year ---