AQMSNasdaqSecondary Smelting & Refining of Nonferrous MetalsFiscal year ends December 31
Aqua Metals, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$1.48−0.22 (-12.94%)
Close on Oct 19, 2026
- Market cap
- $5.04M
- P/E (TTM)
- –
- Dividend yield
- –
Aqua Metals statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Secondary Smelting & Refining of Nonferrous Metals companies for comparison
Valuation
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Market Cap | $5.27M | $940.88M |
| Enterprise Value | $530.03K | $1.52B |
| PB Ratio | 0.55 | 2.42 |
| P/TBV Ratio | 0.56 | 2.76 |
Income (trailing twelve months)
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Operating Income | -$16.35M | $74.88M |
| Pretax Income | -$15.99M | $70.73M |
| Net Income | -$16.00M | $40.87M |
| EBITDA | -$16.35M | $139.80M |
| EPS (Diluted) | -$6.29 | $0.97 |
Returns
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Return on Equity (ROE) | -218.4% | 9.38% |
| Return on Assets (ROA) | -146.3% | 5.27% |
| Return on Invested Capital (ROIC) | -324.1% | 5.59% |
| Return on Capital Employed (ROCE) | -166.9% | 5.67% |
Balance sheet
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $4.74M | $58.50M |
| Net Cash (Debt) | $4.74M | -$30.51M |
| Net Cash Per Share | $1.33 | -$0.82 |
| Equity (Book Value) | $9.53M | $745.44M |
| Book Value Per Share | $2.67 | $14.37 |
| Tangible Book Value | $9.48M | $318.29M |
| Working Capital | $4.05M | $326.66M |
Financial position
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Current Ratio | 2.43 | 2.33 |
| Quick Ratio | 1.68 | 1.01 |
| Interest Coverage | -480.88 | 3.29 |
Cash flow (trailing twelve months)
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Operating Cash Flow | -$11.43M | $128.41M |
| Capital Expenditures | -$4.00K | -$55.47M |
| Free Cash Flow | -$11.43M | $42.40M |
| FCF Per Share | -$3.21 | $0.97 |
Efficiency
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Inventory Turnover | 8.10 | 4.34 |
| Profits Per Employee | -$1.45M | $19.60K |
| Employee Count | 11 | 3,353 |
Dividends and yields
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Earnings Yield | -303.3% | 2.52% |
| FCF Yield | -216.8% | 2.72% |
Shares
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Shares Outstanding | 3,563,530 | 45,826,200 |
| Shares Change (YoY) | 249.6% | 0.02% |
| Float | 2,660,450 | 38,458,600 |
| Shares Held by Insiders | 25.3% | 6.76% |
| Shares Held by Institutions | 7.96% | 79.9% |
Scores
| Measure | Aqua Metals | Industry median |
|---|---|---|
| Altman Z-Score | -33.80 | 2.63 |
| Piotroski F-Score | 3 | 6 |
Calculated by StockData from Aqua Metals's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.