Astrotech Corporation
ASTC Technology Scientific & Technical Instruments
Astrotech Corporation’s revenue for fiscal 2026 (year ended June 2026) was $913,000.00, down 13.0% from fiscal 2025. In the quarter to June 2026, revenue fell 43.2%, EPS fell 4.57% and free cash flow grew 14.7%, each against the same quarter a year earlier.
Follow ASTC
Astrotech Corporation (ASTC) Altman Z-score
Astrotech Corporation's Altman Z-score for fiscal 2026 is −16.98, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | −16.98 | (4.25) |
| FY2025 | −12.73 | (6.91) |
| FY2024 | −5.82 | (4.17) |
| FY2023 | −1.65 | (1.03) |
| FY2022 | −0.62 | (0.88) |
| FY2021 | 0.26 | 49.75 |
| FY2020 | −49.49 | 22.56 |
| FY2019 | −72.05 | (20.68) |
| FY2018 | −51.36 | (42.82) |
| FY2017 | −8.54 | (11.56) |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.67 | — | 0.80 | |
| Retained earnings / total assets | (12.94) | — | −18.11 | |
| EBIT / total assets | (0.69) | — | −2.28 | |
| Market value of equity / total liabilities | 4.28 | — | 2.57 | |
| Sales / total assets | 0.04 | — | 0.04 | |
| Altman Z-score | Distress zone | −16.98 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −38.52 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| ODYS Odysight.ai Inc. compare | 4.9× |
| MIND MIND Technology, Inc. compare | 4.4× |
| ARAI Arrive AI Inc. compare | −1.3× |
| FCUV Focus Universal, Inc. compare | −5.0× |
| AIMD Ainos, Inc. compare | −6.4× |
| MVIS Microvision, Inc. compare | −12.2× |
| ASTC Astrotech Corporation | −17.0× |
| SVRE SaverOne 2014 Ltd. Sponsored ADR compare | −17.4× |
| ACFN Acorn Energy Inc. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets