Net income 169.3 billion won American Bitcoin ($ABTC) gross profit margin 41%

American Bitcoin ($ABTC) swung to a net profit of $125.99 million (about KRW 169.3 billion) in Q3 2026, reversing a $57.15 million net loss in the prior quarter. Gross profit came in at roughly $25.8 million with a 41% gross margin, down from $33 million and 49% in the previous quarter, which the company attributed to seasonal increases in power costs. Revenue fell to $63.355 million from $64.22 million a year earlier, according to its 10-Q filing with the SEC. The return to profitability matters as a signal that the miner's margins can absorb power-cost swings, and investors will watch whether the 41% gross margin holds in the next quarter or erodes further alongside revenue.