Astrotech Reports Fiscal Year 2026 Financial Results
Astrotech reported FY2026 revenue of $913,000, down roughly 13% from $1,049,000 a year earlier, with net loss widening to $14.4 million from $13.9 million. Gross profit fell to $217,000 from $475,000 as cost of revenue rose, though total operating expenses declined 6% to $14.4 million. The company ended the year with $11.3 million in cash and short-term investments and announced a new strategic initiative via subsidiary Lunar Power and Light targeting lunar infrastructure and resource development.
Key figures
- Revenue
- 913000
- Revenue Yoy
- -13%
- Net loss
- 14427000
- Gross profit
- 217000
- Operating expenses
- 14355000
- Prior year net loss
- 13850000
- Tracer 1000 deployments
- approximately 37 locations in 16 countries
- Cash and short term investments
- 11300000
AI analysis
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