Sono-Tek Corporation
SOTK Technology Scientific & Technical Instruments
Sono-Tek Corporation’s revenue for fiscal 2026 (year ended February 2026) was $20.9 million, up 1.97% from fiscal 2025. In the quarter to August 2026, revenue grew 1.35%, EPS fell 22.3% and free cash flow grew 290.8%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
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Sono-Tek Corporation (SOTK) Altman Z-score
Sono-Tek Corporation's Altman Z-score for fiscal 2026 is 8.34, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 8.34 | (0.05) |
| FY2025 | 8.39 | (1.09) |
| FY2024 | 9.48 | (1.58) |
| FY2023 | 11.06 | (3.74) |
| FY2022 | 14.80 | 5.64 |
| FY2021 | 9.16 | 3.03 |
| FY2020 | 6.13 | (1.73) |
| FY2019 | 7.87 | 2.00 |
| FY2018 | 5.86 | 0.72 |
| FY2017 | 5.14 | (0.13) |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.61 | — | 0.74 | |
| Retained earnings / total assets | 0.36 | — | 0.50 | |
| EBIT / total assets | 0.07 | — | 0.23 | |
| Market value of equity / total liabilities | 10.14 | — | 6.09 | |
| Sales / total assets | 0.79 | — | 0.79 | |
| Altman Z-score | Safe zone | 8.34 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 8.78 | ||
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 |
|---|---|
| LGL LGL Group, Inc. (The) compare | 16.5× |
| SOTK Sono-Tek Corporation | 8.3× |
| WRAP Wrap Technologies, Inc. compare | 5.9× |
| ODYS Odysight.ai Inc. compare | 4.9× |
| MIND MIND Technology, Inc. compare | 4.4× |
| USBC USBC, INC. compare | −0.9× |
| GNSS Genasys Inc. compare | −2.2× |
| ARBE Arbe Robotics Ltd. compare | −4.9× |
| 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