Filing Flows › American Bitcoin (ABTC) › Q3 2025
American Bitcoin (ABTC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
American Bitcoin (ABTC) reported revenue of $64.2M for the third quarter 2025 (Q3 2025), +453% from a year earlier and up 47-fold from the quarter before. Operating margin was 11.2%, net earnings $3.5M (5.4% of revenue).
American Bitcoin, Q3 2025: revenue $64.2M (+453% year over year), operating margin 11.2%, net earnings $3.5M, operating cash flow −$39.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.2M | 47× | +453% |
| Operating profit | $7.2M | — | — |
| Net earnings | $3.5M | +1% | — |
| Operating cash flow | −$39.0M | — | — |
What changed
Revenue was $64.2M in Q3 2025, up 453% year over year and up 4564% from the previous quarter.
Operating profit was $7.2M, a 11.2% margin (up 99.0 points year over year). Total costs grew 162% against revenue growth of 453%. The fastest-growing cost line was Other operating costs (+253%). Net earnings were $3.5M. The effective tax rate was 33.5%.
Operating cash flow was −$39.0M. Non-cash charges added back $15.2M of depreciation and $1.3M of share-based compensation. Working capital and other items used $59.0M.
Questions
What was American Bitcoin's revenue in the third quarter 2025?
American Bitcoin (ABTC) reported revenue of $64.2M for the third quarter 2025 (Q3 2025), +453% from a year earlier and up 47-fold from the quarter before.
Was American Bitcoin profitable in the third quarter 2025?
Operating profit was $7.2M (11.2% of revenue) and net earnings $3.5M.
Source: American Bitcoin 10-Q on SEC EDGAR.