AQMS
Aqua Metals Inc
NASDAQ: AQMS · INDUSTRIALS · WASTE MANAGEMENT
$5.17
+0.78% today
Updated 2026-05-01
Market cap
$15.41M
P/E ratio
—
P/S ratio
865.53x
EPS (TTM)
$-15.15
Dividend yield
—
52W range
$3 – $39
Volume
0.0M
Aqua Metals Inc (AQMS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $2.09M | $4.45M | $4.87M | $108000.00 | $173000.00 | $4000.00 | $25000.00 | $0.00 | $0.00 |
| Revenue growth (YoY) | — | — | — | — | +113.1% | +9.6% | -97.8% | +60.2% | -97.7% | +525.0% | -100.0% | — |
| Cost of revenue | $0.00 | $198905.00 | $815000.00 | $9.54M | $22.76M | $24.80M | $5.48M | $7.02M | $3.96M | $6.28M | $7.21M | $2.41M |
| Gross profit | $0.00 | $-198905.00 | $-815000.00 | $-7.45M | $-18.31M | $-19.93M | $-5.37M | $-6.84M | $-3.96M | $-6.26M | $-7.21M | $-2.41M |
| Gross margin | — | — | — | -356.9% | -411.6% | -408.8% | -4970.4% | -3956.1% | -98875.0% | -25028.0% | — | — |
| R&D | $2.28M | $2.28M | $6.35M | $8.10M | $4.50M | $1.55M | $1.03M | $933000.00 | $1.81M | $1.74M | $1.59M | $1.32M |
| SG&A | $2.81M | $3.17M | $6.61M | $6.89M | $14.21M | $19.31M | $9.00M | $9.69M | $9.81M | $11.64M | $11.97M | $10.48M |
| Operating income | $-2.81M | $-5.45M | $-12.96M | $-24.86M | $-37.03M | $-40.79M | $-15.39M | $-17.46M | $-15.57M | $-24.46M | $-23.85M | $-23.33M |
| Operating margin | — | — | — | -1190.5% | -832.3% | -837.0% | -14252.8% | -10095.4% | -389150.0% | -97856.0% | — | — |
| EBITDA | $-2.72M | $-5.25M | $-12.10M | $-21.71M | $-33.36M | $-37.69M | $-21.68M | $-16.85M | $-14.24M | $-22.05M | $-22.70M | $-20.84M |
| EBITDA margin | — | — | — | -1040.0% | -749.8% | -773.2% | -20077.8% | -9739.9% | -356075.0% | -88184.0% | — | — |
| EBIT | $-2.81M | $-5.45M | $-12.92M | $-24.82M | $-36.80M | $-41.42M | $-24.14M | $-18.17M | $-15.30M | $-23.32M | $-23.98M | $-21.98M |
| Interest expense | $0.00 | $1.13M | $639000.00 | $1.76M | $3.45M | $3.48M | $1.62M | $21000.00 | $125000.00 | $621000.00 | $574000.00 | $667000.00 |
| Income tax | $-842084.00 | $1600.00 | $1000.00 | $2000.00 | $2000.00 | $2000.00 | $2000.00 | $2000.00 | $2000.00 | $1.10M | $3000.00 | — |
| Effective tax rate | 15.1% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -4.8% | -0.0% | 0.0% |
| Net income | $-4.75M | $-12.33M | $-13.56M | $-26.58M | $-40.25M | $-44.80M | $-25.76M | $-18.19M | $-15.43M | $-23.94M | $-24.55M | $-22.65M |
| Net income growth (YoY) | — | -159.8% | -9.9% | -96.1% | -51.4% | -11.3% | +42.5% | +29.4% | +15.2% | -55.1% | -2.6% | +7.8% |
| Profit margin | — | — | — | -1273.0% | -904.8% | -919.1% | -23853.7% | -10516.2% | -385775.0% | -95752.0% | — | — |