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Aqua Metals, Inc. logo

Aqua Metals, Inc.

AQMS

NASDAQIndustrialsWaste Management

Open in GoAI

Previous close

$2.81

+$0.105 · +3.88%

Aug 21, 4:00 PM ET

Pre-market

$2.92

+$0.11 · +3.91%

Aug 24, 8:17 AM ET

AQMS company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

44

Fair Value

Momentum

17

Strong Down

Sentiment

49

Mixed

Risk resilience

34

High Risk

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Company profile

Company website

Predominantly operating in the United States, Aqua Metals, Inc. specializes in the reclamation of lead. This company manufactures and supplies various forms of lead, including hard lead and lead-based compounds, in addition to plastic materials. Aqua Metals, Inc. commenced operations in 2014 and has its corporate headquarters situated in Reno, Nevada.

Industry
Waste Management
Sector
Industrials
Headquarters
US
CEO
Stephen Cotton
Listed since
Jul 31, 2015
Employees
11

Market position

Day range

Current $2.81

52-week range

Current $2.81

Open
$2.70
Previous close
$2.705
Volume
32.73K
0.41× average
Average volume
78.92K
Average daily volume
Market cap
9.99M USD
Beta
0.3
Market reference 1
50-day average
$2.8072
+0.10% above average
200-day average
$4.5742
-38.57% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34563%-119514%-273592%-427669%Gross margin, FY2021: -3956.07%Gross margin, FY2022: -98875.00%Gross margin, FY2023: -25028.00%Operating margin, FY2021: -10095.38%Operating margin, FY2022: -389150.00%Operating margin, FY2023: -97856.00%Net margin, FY2021: -10516.18%Net margin, FY2022: -385775.00%Net margin, FY2023: -95752.00%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -3956.07%. Gross margin FY2022 -98875.00%. Gross margin FY2023 -25028.00%. Operating margin FY2021 -10095.38%. Operating margin FY2022 -389150.00%. Operating margin FY2023 -97856.00%. Net margin FY2021 -10516.18%. Net margin FY2022 -385775.00%. Net margin FY2023 -95752.00%.

Income trends

Revenue

25K USD+525.00%

Operating income

−23.33M USD+2.16%

Net income

−22.65M USD+7.77%
Income trends across reported periods2.65M USD−7.25M USD−17.14M USD−27.03M USDRevenue, FY2021: 173K USDRevenue, FY2022: 4K USDRevenue, FY2023: 25K USDOperating income, FY2021: −17.47M USDOperating income, FY2022: −15.57M USDOperating income, FY2023: −24.46M USDOperating income, FY2024: −23.85M USDOperating income, FY2025: −23.33M USDNet income, FY2021: −18.19M USDNet income, FY2022: −15.43M USDNet income, FY2023: −23.94M USDNet income, FY2024: −24.56M USDNet income, FY2025: −22.65M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 173K USD. Revenue FY2022 4K USD. Revenue FY2023 25K USD. Operating income FY2021 −17.47M USD. Operating income FY2022 −15.57M USD. Operating income FY2023 −24.46M USD. Operating income FY2024 −23.85M USD. Operating income FY2025 −23.33M USD. Net income FY2021 −18.19M USD. Net income FY2022 −15.43M USD. Net income FY2023 −23.94M USD. Net income FY2024 −24.56M USD. Net income FY2025 −22.65M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue——25K USD4K USD173K USD
Cost of goods sold2.41M USD7.21M USD6.28M USD3.96M USD7.02M USD
Gross profit−2.41M USD−7.21M USD−6.26M USD−3.96M USD−6.84M USD
Research and development1.33M USD1.59M USD1.74M USD1.81M USD933K USD
Selling, general, and administrative10.49M USD11.97M USD11.64M USD9.82M USD9.69M USD
Operating expenses20.92M USD16.63M USD18.21M USD11.61M USD10.62M USD
Interest income913K USD376K USD1.15M USD262K USD379K USD
Interest expense667K USD574K USD621K USD125K USD21K USD
Depreciation and amortization1.13M USD1.27M USD1.27M USD1.06M USD1.32M USD
Operating income−23.33M USD−23.85M USD−24.46M USD−15.57M USD−17.47M USD
Net income−22.65M USD−24.56M USD−23.94M USD−15.43M USD−18.19M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

7 ratings
Strong buy00%
Buy571%
Hold229%
Sell00%
Strong sell00%

AQMS news

seekingalpha.com

Aqua Metals, Inc. (AQMS) Q2 2026 Earnings Call Transcript

Aqua Metals, Inc. (AQMS) Q2 2026 Earnings Call Transcript

Read source
globenewswire.com

Aqua Metals Reports Second Quarter 2026 Results and Advances Phased Commercialization Plan for Headwaters ARC

Staged commercialization plan is designed to establish domestic processing capacity for the fast-growing LFP critical minerals processing market Staged commercialization plan is designed to establish domestic processing…

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globenewswire.com

Aqua Metals to Announce Second Quarter 2026 Financial Results and Host Investor Conference Call on July 30, 2026

RENO, Nev., July 23, 2026 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS), a U.S. critical minerals processing company commercializing lower-cost recovery and refining technologies, today announced it will report…

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globenewswire.com

Aqua Metals Advances Headwaters ARC, Planned Midwest Battery Recycling and Critical Minerals Recovery Campus

RENO, Nev. , July 07, 2026 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS), a pioneer in sustainable critical minerals recovery and lithium battery recycling, today announced it has advanced to final site-specific…

Read source
globenewswire.com

Aqua Metals Advances Headwaters ARC, Planned Midwest Battery Recycling and Critical Minerals Recovery Campus

Company advances final site-specific diligence for Midwest Headwaters ARC development opportunity with existing industrial infrastructure, substantial expansion acreage, and strategic proximity to rapidly growing LFP…

Read source
globenewswire.com

Aqua Metals to Participate in NAATBatt 2026 Recycling & Lifecycle Management Workshop

President & CEO Steve Cotton to present on circular battery supply chains as the Company advances commercialization of its next-generation battery recycling technology President & CEO Steve Cotton to present on circular…

Read source

Corporate actions

Corporate action history

Stock split

Effective Aug 4, 2025

1:10

Stock split

Effective Nov 5, 2024

1:20

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ETFs holding AQMS

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
73.91K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%

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