Filing Flows › Astrotech (ASTC) › Q2 FY25
Astrotech (ASTC) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 14, 2025
Astrotech (ASTC) reported revenue of $261K for the second quarter fiscal 2025 (Q2 FY25), -77% from a year earlier and +668% from the quarter before.
Astrotech, Q2 FY25: revenue $261K (-77% year over year), net loss $4.0M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $261K | +668% | -77% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | −$3.0M | — | — |
What changed
Revenue was $261K in Q2 FY25, down 77% year over year and up 668% from the previous quarter.
Gross margin was 59.4%, up 11.7 points from a year earlier. Operating costs exceeded revenue by $4.3M, an operating margin of -1655.6%. Operating expenses grew 24% against a revenue fall of 77%. The fastest-growing cost line was Research & development (+54%). The quarter ended with a net loss of $4.0M, wider than the previous quarter's $3.3M loss.
Operating cash flow was −$3.0M. Non-cash charges added back $239K of depreciation and $261K of share-based compensation. Working capital and other items added $465K. Capital expenditures of $319K exceeded it, leaving free cash flow of −$3.4M.
Questions
What was Astrotech's revenue in the second quarter fiscal 2025?
Astrotech (ASTC) reported revenue of $261K for the second quarter fiscal 2025 (Q2 FY25), -77% from a year earlier and +668% from the quarter before.
Source: Astrotech 10-Q on SEC EDGAR.