Filing Flows › American Bitcoin (ABTC) › Q1 2026
American Bitcoin (ABTC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
American Bitcoin (ABTC) reported revenue of $62.1M for the first quarter 2026 (Q1 2026), +403% from a year earlier and -21% from the quarter before. Operating margin was -190.3%, net loss $81.8M (131.7% of revenue).
American Bitcoin, Q1 2026: revenue $62.1M (+404% year over year), operating margin -190.3%, net loss $81.8M, operating cash flow −$42.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $62.1M | -21% | +403% |
| Operating profit | −$118M | — | — |
| Net earnings | −$81.8M | — | — |
| Operating cash flow | −$42.5M | — | — |
What changed
Revenue was $62.1M in Q1 2026, up 403% year over year and down 21% from the previous quarter.
Operating costs exceeded revenue by $118.2M, an operating margin of -190.3%. Total costs grew 22% against revenue growth of 403%. The fastest-growing cost line was Cost of revenue (+154%). The quarter ended with a net loss of $81.8M, wider than the previous quarter's $59.5M loss. Non-operating items added $37.4M, -46% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$42.5M. Non-cash charges added back $26.6M of depreciation and $296K of share-based compensation. Working capital and other items added $12.4M.
Questions
What was American Bitcoin's revenue in the first quarter 2026?
American Bitcoin (ABTC) reported revenue of $62.1M for the first quarter 2026 (Q1 2026), +403% from a year earlier and -21% from the quarter before.
Was American Bitcoin profitable in the first quarter 2026?
Operating loss was $118M (-190.3% of revenue) and net loss $81.8M.
Source: American Bitcoin 10-Q on SEC EDGAR.