Filing Flows › Astrotech (ASTC) › Q2 FY26
Astrotech (ASTC) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Feb 13, 2026
Astrotech (ASTC) reported revenue of $148K for the second quarter fiscal 2026 (Q2 FY26), -43% from a year earlier and -50% from the quarter before.
Astrotech, Q2 FY26: revenue $148K (-43% year over year), net loss $3.9M, operating cash flow −$3.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $148K | -50% | -43% |
| Operating profit | −$3.9M | — | — |
| Net earnings | −$3.9M | — | — |
| Operating cash flow | −$3.5M | — | — |
What changed
Revenue was $148K in Q2 FY26, down 43% year over year and down 50% from the previous quarter. Product was the largest line at 50% of revenue. Product lost $121K year over year (down 62%), 107% of the total change.
Gross margin was 5.4%, down 54.0 points from Q2 FY25. Operating costs exceeded revenue by $3.9M, an operating margin of -2635.8%. Operating expenses fell 13% while revenue fell 43%. The quarter ended with a net loss of $3.9M, wider than the previous quarter's $3.5M loss.
Operating cash flow was −$3.5M. Non-cash charges added back $221K of depreciation and amortization and $189K of share-based compensation. Capital expenditures of $411K exceeded it, leaving free cash flow of −$4.0M.
Questions
What was Astrotech's revenue in the second quarter fiscal 2026?
Astrotech (ASTC) reported revenue of $148K for the second quarter fiscal 2026 (Q2 FY26), -43% from a year earlier and -50% from the quarter before.
Source: Astrotech 10-Q on SEC EDGAR.