POET Technologies Inc.
POET Technology Semiconductors
POET Technologies Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 million, up 2,496.4% from fiscal 2024. In the quarter to June 2026, revenue grew 112.3%, EPS grew 66.7%, free cash flow fell 55.8% and total debt fell 10.8%, each against the same quarter a year earlier.
Follow POET
POET Technologies Inc. (POET) Altman Z-score
POET Technologies Inc.'s Altman Z-score for fiscal 2025 is 1.43, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 1.43 | 3.74 |
| FY2024 | −2.31 | 33.57 |
| FY2023 | −35.88 | (31.40) |
| FY2022 | −4.48 | (61.83) |
| FY2021 | 57.35 | 52.68 |
| FY2017 | 4.67 | (0.25) |
| FY2016 | 4.92 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.52 | — | 0.62 | |
| Retained earnings / total assets | (0.90) | — | −1.27 | |
| EBIT / total assets | (0.11) | — | −0.38 | |
| Market value of equity / total liabilities | 4.07 | — | 2.44 | |
| Sales / total assets | 0.00 | — | 0.00 | |
| Altman Z-score | Distress zone | 1.43 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | 1.03 | ||
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 |
|---|---|
| NVEC NVE Corporation compare | 92.1× |
| LASR nLight compare | 12.4× |
| CEVA Ceva, Inc. compare | 7.0× |
| AOSL Alpha and Omega Semiconductor Limited compare | 6.8× |
| AMBQ Ambiq Micro, Inc. compare | 4.1× |
| HIMX Himax Technologies, Inc. compare | 2.4× |
| POET POET Technologies Inc. | 1.4× |
| AIP Arteris, Inc. compare | 0.7× |
| WOLF Wolfspeed, 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