profit from every $100 of sales.
$0$100
Aqua Metals
$1.50+19.52% today
-79.6% in 1 year
1-year low $1.171-year high $8.10
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2023.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Aqua Metals sold, what it kept, and what it did with the cash.
Sales went from $4,000 in 2022 to $0 in 2025, with -$22.6 million of profit last year.
SalesProfit
Aqua Metals vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Aqua Metals | No profit yet | ||
 Waste Management | 34.7× · Expensive | ||
 Republic Services | 35.1× · Expensive | ||
 Waste Connections | 44.2× · Expensive | ||
 Veolia Environnement SA | 20.8× · Fair price |
AI analysis
An AI analyst reads Aqua Metals's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| -4 | -6 | -7 | -2 | |
| -16 | -20 | -21 | -14 | |
| -14 | -22 | -23 | -21 | |
| -15 | -24 | -25 | -23 | |
| -40.00 | -51.00 | -38.30 | -15.15 | |
| -98,875.0% | -25,028.0% | – | – | |
| -389,575.0% | -78,544.0% | – | – | |
| -385,775.0% | -95,752.0% | – | – |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 34 | 34 | 26 | 20 |
| Cash | 7 | 17 | 4 | 11 |
| Total debt | 6 | 3 | 4 | 1 |
| Total liabilities | 13 | 8 | 10 | 5 |
| 21 | 26 | 16 | 15 | |
| 0 | 0 | 1 | 1 | |
| -44.1% | -62.9% | -92.3% | -113.0% | |
| -73.8% | -91.8% | -151.2% | -153.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -10 | -3 | -14 | -10 | |
| 5 | 10 | 12 | 1 | |
| -15 | -13 | -26 | -11 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 2 | 3 | 3 | 2 |
Valuation
- –
- –
- –
- 0.5×
- 213.8×
- –
- –
- -244.6%
- -447.8%
- 0.0%
Profitability
- -25,028.0%
- -78,544.0%
- -95,752.0%
- 0.0%
- -149.7%
- -93.9%
- -252.0%
- -114.9%
- -152.7%
- –
Growth
- +525.0%
- –
- +58.6%
- –
- +43.7%
Financial health
- -0.6×
- 0.04
- 3.0%
- -35.0×
- 3.03
- 2.97
- 0.00
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | -1.22 | – | – |
| Mar 31, 2026 | -10.60 | -4.00 | −165.0% |
| Nov 12, 2025 | -2.19 | -6.00 | +63.5% |
| Aug 13, 2025 | -7.44 | -6.00 | −24.0% |
| May 8, 2025 | -10.30 | -6.00 | −71.7% |
| Mar 31, 2025 | -10.60 | -0.60 | −1,666.7% |
| Nov 14, 2024 | -7.60 | -6.00 | −26.7% |
| Aug 5, 2024 | -10.00 | -10.00 | +0.0% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
34No pass
Benjamin Graham
78Pass
Philip Fisher
29No pass
Peter Lynch
11No pass
Joel Greenblatt
0No pass
Charlie Munger
35No pass
Terry Smith
27No pass
Questions about Aqua Metals
Is Aqua Metals a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Aqua Metals AI analysis
What does Aqua Metals do?
Aqua Metals, Inc. engages in the recycling of lead primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. Aqua Metals, Inc. was incorporated in 2014 and is headquartered in Reno, Nevada. It is in Waste Management.
Does Aqua Metals pay a dividend?
No. Aqua Metals does not pay a dividend at the moment.
Is Aqua Metals stock halal?
No. Aqua Metals does not pass our halal screen: its cash and confirmed interest-bearing investments are 202% of its market value, at or above the 33% limit. How we check
How has Aqua Metals stock done over the past year?
Down 79.6% over the past twelve months, to $1.50. It traded between $1.17 and $8.10 and is 81.5% below its high.
Who are Aqua Metals's competitors?
The largest listed companies in the same industry are Waste Management, Republic Services, Waste Connections and Veolia Environnement SA. The peers table on this page compares their profit, growth and price with Aqua Metals's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.