Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Aqua Metals, Inc. (AQMS)
Price$2.98Cached quote
Net income
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $25,000 | $4,000 | $173,000 | $108,000 | $4.9M | $4.4M | $2.1M | $0 | — |
| Gross profit | −$2.4M | −$7.2M | −$6.3M | −$4.0M | −$6.8M | −$5.4M | −$19.9M | −$18.3M | −$7.5M | $0 | — |
| Gross margin | — | — | −25,028.00% | −98,875.00% | −3,956.07% | −4,970.37% | −408.80% | −411.60% | −356.94% | — | — |
| Research & development | $1.3M | $1.6M | $1.7M | $1.8M | $933,000 | $1.0M | $1.6M | $4.5M | $8.1M | $6.3M | $2.3M |
| Operating expenses | $11.8M | $23.8M | $24.5M | $15.6M | $17.6M | $15.5M | $45.7M | $41.5M | $26.9M | $13.0M | $5.5M |
| Operating income | −$23.3M | −$23.8M | −$24.5M | −$15.6M | −$17.5M | −$15.4M | −$40.8M | −$37.0M | −$24.9M | −$13.0M | −$5.5M |
| Operating margin | — | — | −97,856.00% | −389,150.00% | −10,095.38% | −14,252.78% | −836.97% | −832.28% | −1,190.52% | — | — |
| EBITDA | −$22.4M | −$22.8M | −$23.4M | −$14.9M | −$16.7M | −$13.3M | −$37.1M | −$33.6M | −$21.8M | −$12.1M | −$5.3M |
| EBITDA margin | — | — | −93,536.00% | −372,175.00% | −9,644.51% | −12,326.85% | −761.43% | −756.08% | −1,043.44% | — | — |
| Net income | −$22.6M | −$24.6M | −$23.9M | −$15.4M | −$18.2M | −$25.8M | −$44.8M | −$40.3M | −$26.6M | −$13.6M | −$12.3M |
| Net profit margin | — | — | −95,752.00% | −385,775.00% | −10,516.18% | −23,853.70% | −919.06% | −904.79% | −1,272.99% | — | — |
| Basic EPSper basic share | -$15.15 | -$38.25 | -$51.00 | -$40.00 | -$52.00 | -$84.00 | -$172.00 | -$236.00 | -$262.00 | -$178.00 | -$294.00 |
| Diluted EPSper diluted share | -$15.15 | -$38.30 | -$51.00 | -$40.00 | -$52.00 | -$84.00 | -$172.00 | -$236.00 | -$262.00 | -$178.00 | -$294.00 |
Owners
Reported shareholders
≈19.36%of listed shares
McMurtry David686.28K shares · Jul 1, 2024
View holders
| Holder | % owned |
|---|---|
McMurtry David | ≈19.36%686.28K shares |
SMITH EDWARD J | ≈10.09%357.55K shares |
Merrill Judd | ≈6.89%244.12K shares |
Cotton Stephen | ≈6.20%219.67K shares |
Gangloff Eric John | ≈3.36%119.21K shares |
DIVITO VINCENT L | ≈3.04%107.62K shares |
STIFEL FINANCIAL CORP | 2.90%102.64K shares |
Zhang Peifang | ≈2.43%86.09K shares |
West Eric | ≈1.82%64.34K shares |
HENDERSON STEVEN K | ≈1.81%64.14K shares |
HAMILTON CAPITAL PARTNERS, LLC | 1.76%62.2K shares |
Taecker Benjamin S. | ≈1.64%58.07K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.97%34.41K shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 0.83%29.34K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.82%29.22K shares |
VANGUARD FIDUCIARY TRUST CO | 0.44%15.59K shares |
BlackRock, Inc. | 0.14%4.85K shares |
UBS Group AG | 0.05%1.74K shares |
Arax Advisory Partners | 0.04%1.3K shares |
WELLS FARGO & COMPANY/MN | 0.01%500 shares |
Percentages use 3.54M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Dec 19, 2024Form 4 | Cotton StephenChief Executive Officer | BuyCommon Stock Purchase Warrant (right to buy) · derivative | 175.0K | $0.00 | $0.00 | 175.0K |
| Dec 19, 2024Form 4 | Merrill JuddChief Financial Officer | BuyCommon Stock Purchase Warrant (right to buy) · derivative | 125.0K | $0.00 | $0.00 | 125.0K |
| Dec 19, 2024Form 4 | Taecker Benjamin S.Chief Eng and Opr Officer | BuyCommon Stock Purchase Warrant (right to buy) · derivative | 50.0K | $0.00 | $0.00 | 50.0K |
| Dec 19, 2024Form 4 | DIVITO VINCENT LDirector | BuyCommon Stock Purchase Warrant (right to buy) · derivative | 37.5K | $0.00 | $0.00 | 37.5K |
| Dec 19, 2024Form 4 | Zhang PeifangDirector | BuyCommon Stock Purchase Warrant (right to buy) · derivative | 37.5K | $0.00 | $0.00 | 37.5K |