Saturday 17 October 2026 Export CYAN’s income statement to Excel — free account

Cyanotech Corporation

Cyanotech Corporation’s revenue for fiscal 2026 (year ended March 2026) was $26.6 million, up 9.80% from fiscal 2025. In the quarter to June 2026, revenue grew 11.1%, EPS grew 144.1%, free cash flow grew 204.0% and total debt rose 7.77%, each against the same quarter a year earlier.

0.70 0.00 0.00%

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Market cap: $1.7M
P/E: 0.0×
Fwd P/E: 2.4×
Dividend yield: —
F-score: 5/9
Altman Z: −0.52
Beneish M: −2.37
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Mar '26	Mar '25	Mar '24	Mar '23	Mar '22	Mar '21	Mar '20	Mar '19	Mar '18	Mar '17
Piotroski F-Score Full definition →	5	4	2	2	8	6	7	2	8	6
P/E ratio Full definition →	0.00	0.00	0.00	0.00	9.63	20.63	29.43	0.00	28.61	0.00
Altman Z-Score Full definition →	(0.52)	(0.76)	(0.78)	0.09	2.19	1.55	1.13	0.83	2.47	1.59
P/S ratio Full definition →	0.08	0.10	0.08	0.24	0.58	0.62	0.38	0.63	0.86	0.68
Altman Z″-Score (non-manufacturers) Full definition →	(3.60)	(3.62)	(2.74)	(0.12)	3.07	1.56	1.22	(0.43)	2.16	0.94
P/FCF ratio Full definition →	0.00	0.00	0.00	0.00	18.71	12.21	12.04	0.00	60.62	58.40
Beneish M-Score Full definition →	(2.37)	(3.07)	(2.79)	(3.27)	(2.04)	(2.48)	2.44	(3.32)	(2.04)	(3.44)
P/Operating CF Full definition →	4.22	(43.42)	6.17	9.42	20.05	13.53	11.81	(23.57)	1,336.43	66.41
P/B ratio Full definition →	0.29	0.28	0.16	0.34	1.06	1.18	0.77	1.27	1.62	1.31
Price to Tangible BV Full definition →	0.29	0.28	0.16	0.34	1.06	1.18	0.77	1.27	1.62	1.31
EV/Sales Full definition →	0.36	0.38	0.29	0.47	0.64	0.72	0.58	0.86	1.03	0.87
EV/EBITDA Full definition →	23.23	0.00	0.00	0.00	5.05	10.41	5.52	0.00	10.41	20.44
EV/Operating CF Full definition →	41.09	(7.63)	(14.45)	(5.20)	9.66	9.71	14.92	(30.66)	23.50	22.84
EV/FCF Full definition →	(123.28)	(6.32)	(7.87)	(3.45)	20.73	14.21	18.20	(20.32)	72.20	74.69
Quick Ratio Full definition →	0.38	0.22	0.33	0.28	1.30	1.07	0.72	0.30	0.70	0.59
Current Ratio Full definition →	1.02	1.03	1.24	1.67	3.37	2.60	2.32	1.54	2.39	2.03
Net Debt/EBITDA Full definition →	5.62	(10.98)	(1.86)	(6.92)	0.49	1.46	1.87	(6.87)	1.67	4.46
Debt/Assets Full definition →	37.22%	29.31%	21.46%	21.56%	15.06%	22.78%	27.36%	26.45%	23.38%	25.66%
Debt/Equity Full definition →	1.08	0.78	0.46	0.39	0.25	0.41	0.55	0.53	0.38	0.45
Asset Turnover Full definition →	1.17	1.00	0.84	0.75	1.14	1.03	1.04	1.02	1.16	1.06
Operating CF/Net income Full definition →	(0.18)	0.37	0.09	0.61	1.10	2.61	3.21	0.24	1.45	(1.00)
Capex/Depreciation Full definition →	(0.07)	(0.13)	(0.18)	(0.50)	(0.64)	(0.35)	(0.10)	(0.22)	(0.52)	(0.41)
Interest Coverage Full definition →	(0.82)	(3.65)	(6.87)	(5.82)	6.57	0.15	1.60	(5.15)	2.83	(1.29)
ROE Full definition →	(15.50%)	(30.95%)	(37.41%)	(19.20%)	11.79%	5.59%	2.52%	(21.78%)	5.91%	(7.06%)
ROA Full definition →	(5.62%)	(13.18%)	(19.21%)	(11.14%)	6.85%	2.94%	1.26%	(12.12%)	3.48%	(4.03%)
ROIC Full definition →	(2.38%)	(10.10%)	(17.40%)	(8.38%)	7.41%	0.26%	2.97%	(8.55%)	3.73%	(1.88%)
Return on Tangible Assets Full definition →	(16.14%)	(34.71%)	(43.36%)	(20.53%)	9.23%	4.29%	1.81%	(18.11%)	4.34%	(5.30%)
Average Days of Receivables Full definition →	44.58	29.44	33.26	20.96	37.18	27.49	24.65	23.95	28.50	24.32
Research and Development Expense of Revenue Full definition →	0.86%	1.85%	2.99%	3.32%	1.98%	1.98%	1.91%	3.06%	1.65%	1.85%
Selling, General and Administrative Expense of Revenue Full definition →	33.93%	36.90%	42.69%	40.59%	28.58%	32.13%	34.61%	41.52%	33.40%	38.43%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →	0.50%	1.02%	1.56%	1.34%	0.96%	0.66%	1.81%	1.07%	1.17%	0.72%
Graham Net Nets Full definition →	(1.64)	(1.64)	(1.43)	0.02	0.18	0.06	(0.10)	(0.01)	0.07	(0.01)
Graham Number Full definition →	0.00	0.00	0.00	0.00	4.99	3.18	2.05	0.00	3.58	0.00
Earnings Yield Full definition →	(89.10%)	(128.57%)	(279.31%)	(63.64%)	10.39%	4.85%	3.40%	(19.02%)	3.50%	(5.45%)
Free Cash Flow Yield Full definition →	(3.56%)	(58.19%)	(44.14%)	(57.66%)	5.34%	8.19%	8.31%	(6.74%)	1.65%	1.71%
Revenue per Share Full definition →	3.64	3.42	3.53	3.71	5.84	5.33	5.36	5.19	5.98	5.66
Operating CF per Share Full definition →	0.03	(0.17)	(0.07)	(0.34)	0.39	0.40	0.21	(0.15)	0.26	0.22
Capex per Share Full definition →	(0.02)	(0.03)	(0.06)	(0.17)	(0.21)	(0.13)	(0.04)	(0.07)	(0.18)	(0.15)
Free Cash Flow per Share Full definition →	0.01	(0.20)	(0.13)	(0.51)	0.18	0.27	0.17	(0.22)	0.09	0.07
Cash per Share Full definition →	0.11	0.04	0.11	0.16	0.42	0.62	0.41	0.14	0.23	0.25
Shareholders Equity per Share Full definition →	1.05	1.26	1.81	2.62	3.17	2.81	2.66	2.56	3.17	2.94
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	1.05	1.26	1.81	2.62	3.17	2.81	2.66	2.56	3.17	2.94
Free Cash Flow Full definition →	0.09	(1.44)	(0.84)	(3.17)	1.11	1.64	1.02	(1.28)	0.49	0.37
Working Capital Full definition →	0.17	0.30	2.04	5.39	11.44	9.30	8.37	5.10	7.91	6.20
Capital Expenditures Full definition →	(0.14)	(0.25)	(0.38)	(1.07)	(1.27)	(0.76)	(0.22)	(0.43)	(1.00)	(0.85)
Net Current Asset Value Full definition →	(3.59)	(4.06)	(2.71)	0.12	3.71	1.27	(1.21)	(0.12)	2.02	(0.32)
EV/EBIT Full definition →	0.00	0.00	0.00	0.00	8.93	277.35	17.62	0.00	24.76	0.00
Capex to Sales Full definition →	0.01	0.01	0.02	0.05	0.04	0.02	0.01	0.01	0.03	0.03
Price to Operating Income Full definition →	0.00	0.00	0.00	0.00	8.06	238.46	11.65	0.00	20.79	0.00
Other line items
Depreciation/Fixed assets Full definition →	0.24	0.21	0.20	0.19	0.17	0.18	0.18	0.13	0.12	0.12
Cash ROIC Full definition →	0.55%	(8.98%)	(4.67%)	(13.35%)	4.12%	5.89%	3.78%	(5.42%)	1.84%	1.46%
Accounts Receivable Turnover Full definition →	10.23	11.94	13.44	9.28	11.79	14.09	15.43	13.00	14.22	12.52
Accounts Payable Turnover Full definition →	9.14	9.49	13.92	9.41	9.64	9.60	5.44	4.67	5.77	5.17
Inventory Turnover Full definition →	2.54	2.30	1.90	1.58	2.51	2.35	1.83	1.94	2.44	2.50
Average Days of Payables Full definition →	34.70	46.67	30.67	23.41	38.48	39.32	40.63	91.03	62.06	67.52
Days of Inventory on Hand Full definition →	129.10	163.94	155.86	245.50	154.23	144.69	183.52	208.50	158.96	146.83
Average Receivables Full definition →	2.60	2.03	1.72	2.50	3.05	2.30	2.07	2.32	2.40	2.56
Average Payables Full definition →	1.96	1.83	1.23	1.69	2.32	2.21	3.53	4.22	3.60	3.83
Average Inventory Full definition →	7.06	7.55	9.01	10.09	8.94	9.03	10.46	10.15	8.50	7.91
Average Assets Full definition →	22.81	24.30	27.42	30.89	31.46	31.33	30.71	29.67	29.43	30.15
Average Common Equity Full definition →	8.27	10.35	14.08	17.92	18.26	16.44	15.38	16.51	17.36	17.22

Fold the line items

Columns are period end dates

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