ASTC

MKT CAP:$6M

Astrotech Corporation

Market Cap

$6M

Industrials·Aerospace & Defense·🇺🇸 United States·NASDAQ

Industrials·Aerospace·🇺🇸·NASDAQ

Stock Price

$3.52-$0.13 (-3.56%)

Apr 22, 2026

Company Details

Astrotech Corporation operates as a science and technology development and commercialization company worldwide. It operates through three segments, Astrotech Technologies, Inc. (ATI), 1st Detect Corporation (1st Detect), and AgLAB Inc (AgLA...

CEO

Thomas Boone Pickens

IPO Date

Dec 21, 1995

Website

www.astrotechcorp.com

Key Metrics TTM

Revenue

$1M

+186.2% YoY

Net Income

-$14M

EPS (Diluted)

-$8.35

Free Cash Flow

-$15M

Revenue / Share

$0.72

Gross Margin

14.7%

Operating Margin

-1186.2%

Net Margin

-1163.9%

FCF Margin

-1241.1%

P/S

5.0x

P/E

—

Earnings Reports

Q3 2026

May 11, 2026

PENDING

Q2 2026

Feb 13, 2026

$148.0K-43.3%EPS -$2.34

Q1 2026

Nov 13, 2025

$297.0K+773.5%EPS -$2.07

FY 2025

Sep 26, 2025

$1M-37.0%EPS -$8.32

Q4 2025

Sep 26, 2025

$220.0K+197.3%EPS -$1.76

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$97.0K	$13.5K	-$2M
Q4 22	$24.0K	$9.0K	-$2M
Q1 23	$38.0K	$6.0K	-$3M
Q2 23	$263.0K	$108.0K	-$3M
Q3 23	$35.0K	-$98.0K	-$3M
Q4 23	$414.0K	$181.0K	-$3M
Q1 24	$425.0K	$183.0K	-$3M
Q2 24	$1M	$496.0K	-$3M
Q3 24	$50.0K	-$233.0K	-$4M
Q4 24	$74.0K	$28.0K	-$3M
Q1 25	$34.0K	$9.0K	-$4M
Q2 25	$261.0K	$155.0K	-$4M
Q3 25	$534.0K	$237.0K	-$4M
Q4 25	$220.0K	-$257.0K	-$3M
Q1 26	$297.0K	$188.0K	-$4M
Q2 26	$148.0K	$8.0K	-$4M

Valuation

Quarter	P/S	P/E
Q3 22	7.0x	—
Q4 22	6.9x	—
Q1 23	8.3x	—
Q2 23	14.2x	—
Q3 23	16.6x	—
Q4 23	8.0x	—
Q1 24	5.3x	—
Q2 24	3.0x	—
Q3 24	3.0x	—
Q4 24	3.6x	—
Q1 25	4.7x	—
Q2 25	14.3x	—
Q3 25	6.6x	—
Q4 25	5.7x	—
Q1 26	4.6x	—
Q2 26	5.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	-$2M	-$2M
Q4 22	-$2M	-$2M
Q1 23	-$2M	-$3M
Q2 23	-$2M	-$2M
Q3 23	-$2M	-$3M
Q4 23	-$1M	-$2M
Q1 24	-$3M	-$3M
Q2 24	-$2M	-$2M
Q3 24	-$2M	-$3M
Q4 24	-$2M	-$3M
Q1 25	-$4M	-$4M
Q2 25	-$3M	-$3M
Q3 25	-$4M	-$4M
Q4 25	-$2M	-$3M
Q1 26	-$4M	-$4M
Q2 26	-$4M	-$4M

Capital Expenditures

Quarter	CapEx
Q3 22	$106.0K
Q4 22	$226.0K
Q1 23	$346.0K
Q2 23	$286.0K
Q3 23	$687.0K
Q4 23	$525.0K
Q1 24	$24.0K
Q2 24	$153.0K
Q3 24	$176.0K
Q4 24	$226.0K
Q1 25	$193.0K
Q2 25	$319.0K
Q3 25	$27.0K
Q4 25	$348.0K
Q1 26	$448.0K
Q2 26	$411.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	+79.6%	-6.3%
Q4 22	+140.0%	+8.0%
Q1 23	-79.7%	+25.1%
Q2 23	-53.1%	+9.1%
Q3 23	-63.9%	+24.1%
Q4 23	+1625.0%	+45.7%
Q1 24	+1018.4%	+34.1%
Q2 24	+324.0%	+35.9%
Q3 24	+42.9%	+28.7%
Q4 24	-82.1%	+8.6%
Q1 25	-92.0%	-2.6%
Q2 25	-76.6%	+9.5%
Q3 25	+968.0%	+22.8%
Q4 25	+197.3%	-8.2%
Q1 26	+773.5%	+4.7%
Q2 26	-43.3%	-11.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$368.0K	379.4%
Q4 22	$369.0K	1537.5%
Q1 23	$387.0K	1018.4%
Q2 23	$404.0K	153.6%
Q3 23	$356.0K	1017.1%
Q4 23	$351.0K	84.8%
Q1 24	$364.0K	85.6%
Q2 24	$473.0K	42.4%
Q3 24	$438.0K	876.0%
Q4 24	$203.0K	274.3%
Q1 25	$216.0K	635.3%
Q2 25	$261.0K	100.0%
Q3 25	$152.0K	28.5%
Q4 25	$201.0K	91.4%
Q1 26	$304.0K	102.4%
Q2 26	$189.0K	127.7%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q3 22	$722.0K	—	—	$1M
Q4 22	$768.0K	$2M	—	—
Q1 23	$1M	—	—	$2M
Q2 23	$1M	—	—	$2M
Q3 23	$1M	—	—	$1M
Q4 23	$2M	$1M	—	—
Q1 24	$2M	—	—	$2M
Q2 24	$2M	—	—	$2M
Q3 24	$2M	—	—	$2M
Q4 24	$2M	$1M	$376.0K	—
Q1 25	$2M	—	—	$2M
Q2 25	$2M	—	—	$2M
Q3 25	$2M	—	—	$2M
Q4 25	$2M	—	—	$894.0K
Q1 26	$2M	—	—	$2M
Q2 26	$2M	—	—	$2M

Revenue Segments

Quarter	Grant	Service	Training	Warranty	Product
Q1 26	$234.0K	$30.0K	$20.0K	$13.0K	—
Q2 26	$12.0K	$46.0K	—	$16.0K	$74.0K

Revenue by Geography

Quarter	Non-US	United States
Q1 26	$41.0K	$256.0K
Q2 26	$25.0K	$123.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$28M	$27M	$55M
Q4 22	$26M	$26M	$53M
Q1 23	$18M	$31M	$49M
Q2 23	$16M	$31M	$47M
Q3 23	$14M	$30M	$44M
Q4 23	$14M	$28M	$42M
Q1 24	$13M	$26M	$39M
Q2 24	$11M	$26M	$37M
Q3 24	$8M	$26M	$35M
Q4 24	$10M	$21M	$32M
Q1 25	$7M	$22M	$28M
Q2 25	$3M	$22M	$25M
Q3 25	$3M	$18M	$21M
Q4 25	$3M	$15M	$18M
Q1 26	$3M	$11M	$14M
Q2 26	$3M	$7M	$10M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	2M	+0.3%	+162.0%
Q4 22	2M	+0.2%	+137.6%
Q1 23	2M	+1.4%	+2.0%
Q2 23	2M	+0.1%	+1.9%
Q3 23	2M	+0.2%	+1.8%
Q4 23	2M	+4.1%	+5.8%
Q1 24	2M	-3.0%	+1.2%
Q2 24	2M	0.0%	+1.1%
Q3 24	2M	+0.1%	+1.1%
Q4 24	2M	+4.2%	+1.2%
Q1 25	2M	-4.2%	0.0%
Q2 25	2M	+0.4%	+0.4%
Q3 25	2M	+1.6%	+2.0%
Q4 25	2M	0.0%	-2.2%
Q1 26	2M	+0.5%	+2.6%
Q2 26	2M	+0.2%	+2.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	$8.1K	12
Q4 22	$1.7K	14
Q1 23	$2.7K	14
Q2 23	$18.8K	14
Q3 23	$2.5K	14
Q4 23	$18.8K	22
Q1 24	$19.3K	22
Q2 24	$50.7K	22
Q3 24	$2.3K	22
Q4 24	$2.5K	30
Q1 25	$1.1K	30
Q2 25	$8.7K	30
Q3 25	$17.8K	30
Q4 25	$6.9K	32
Q1 26	$9.3K	32
Q2 26	$4.6K	32

Revenue / Employee