Astronova Financials
This page shows Astronova (ALOT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
AstroNova’s recent cash flow strength comes less from higher earnings than from releasing working capital in a low-capex model.
By FY2026, cash generation detached from accounting profit: operating cash flow reached$11.7M even as net income was-$2.4M , so reported earnings understated near-term cash coming in. That gap looks tied to a working-capital unwind, especially inventory falling from$51.5M to$43.3M , which makes the year’s cash flow more balance-sheet-driven than margin-driven.
With revenue essentially unchanged from FY2024 through FY2026, margin pressure came from cost structure, not volume: gross margin slipped from
The balance sheet remains inventory-heavy, with inventory at
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Astronova's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Astronova has an operating margin of 0.8%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 22/100, suggesting thin profitability after operating expenses. This is up from -5.7% the prior year.
Astronova's revenue declined 0.5% year-over-year, from $151.3M to $150.5M. This contraction results in a growth score of 35/100.
Astronova carries a low D/E ratio of 0.24, meaning only $0.24 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
Astronova's current ratio of 1.84 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.
Astronova has a free cash flow margin of 7.6%, earning a moderate score of 40/100. The company generates positive cash flow after capital investments, but with room for improvement.
Astronova generates a -3.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -18.9% the prior year.
Astronova scores 2.96, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Astronova passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Astronova generates $-4.94 in operating cash flow ($11.7M OCF vs -$2.4M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Astronova earns $0.8 in operating income for every $1 of interest expense ($1.2M vs $1.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Astronova generated $150.5M in revenue in fiscal year 2026. This represents a decrease of 0.5% from the prior year.
Astronova's EBITDA was $6.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 255.7% from the prior year.
Astronova reported -$2.4M in net income in fiscal year 2026. This represents an increase of 83.6% from the prior year.
Astronova earned $-0.31 per diluted share (EPS) in fiscal year 2026. This represents an increase of 83.9% from the prior year.
Cash & Balance Sheet
Astronova generated $11.4M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 209.7% from the prior year.
Astronova held $4.1M in cash against $18.3M in long-term debt as of fiscal year 2026.
Astronova had 8M shares outstanding in fiscal year 2026. This represents an increase of 1.6% from the prior year.
Margins & Returns
Astronova's gross margin was 31.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 1.8 percentage points from the prior year.
Astronova's operating margin was 0.8% in fiscal year 2026, reflecting core business profitability. This is up 6.5 percentage points from the prior year.
Astronova's net profit margin was -1.6% in fiscal year 2026, showing the share of revenue converted to profit. This is up 8.0 percentage points from the prior year.
Astronova's ROE was -3.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 15.8 percentage points from the prior year.
Capital Allocation
Astronova invested $6.8M in research and development in fiscal year 2026. This represents an increase of 12.3% from the prior year.
Astronova invested $332K in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 71.5% from the prior year.
ALOT Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.5M-4.2% | $39.2M+8.5% | $36.1M-4.3% | $37.7M-6.7% | $40.4M-0.3% | $40.5M+23.0% | $33.0M-16.8% | $39.6M |
| Cost of Revenue | $28.4M+13.7% | $25.0M+2.1% | $24.5M-2.3% | $25.1M-6.2% | $26.7M+1.9% | $26.2M+24.9% | $21.0M-22.2% | $27.0M |
| Gross Profit | $9.2M-35.5% | $14.2M+22.0% | $11.6M-8.1% | $12.7M-7.7% | $13.7M-4.3% | $14.3M+19.7% | $12.0M-5.2% | $12.6M |
| R&D Expenses | $1.8M-6.7% | $1.9M+20.4% | $1.6M+2.1% | $1.5M-16.3% | $1.8M+30.5% | $1.4M-11.9% | $1.6M+22.1% | $1.3M |
| SG&A Expenses | $1.2M-75.8% | $5.1M+1.7% | $5.0M+1.0% | $5.0M+29.3% | $3.9M-24.7% | $5.1M+52.1% | $3.4M+37.4% | $2.5M |
| Operating Income | $56K-95.6% | $1.3M+281.8% | -$708K-224.0% | $571K-54.8% | $1.3M+19.1% | $1.1M-21.2% | $1.3M-65.6% | $3.9M |
| Interest Expense | $450K+50.0% | $300K-19.1% | $371K-2.1% | $379K-24.2% | $500K-10.7% | $560K+16.2% | $482K-38.0% | $778K |
| Income Tax | $347K+371.1% | -$128K+71.8% | -$454K-705.3% | $75K+120.6% | $34K-87.0% | $261K+160.1% | -$434K-167.7% | $641K |
| Net Income | -$1.1M-400.3% | $378K+130.4% | -$1.2M-230.6% | -$376K-256.7% | $240K+177.2% | -$311K-126.3% | $1.2M-56.4% | $2.7M |
| EPS (Diluted) | N/A | $0.05+131.3% | $-0.16-220.0% | $-0.05-266.7% | $0.03+175.0% | $-0.04-126.7% | $0.15 | N/A |
ALOT Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $137.6M-2.3% | $140.8M-1.6% | $143.1M-4.8% | $150.3M-9.7% | $166.5M-1.5% | $169.0M+33.5% | $126.6M-5.0% | $133.3M |
| Current Assets | $70.7M-4.6% | $74.1M-1.4% | $75.2M-7.3% | $81.2M-2.6% | $83.4M+0.4% | $83.1M+18.2% | $70.3M-8.3% | $76.7M |
| Cash & Equivalents | $4.1M+12.9% | $3.6M-6.5% | $3.9M-28.0% | $5.4M+20.8% | $4.4M-8.1% | $4.8M+20.9% | $4.0M-11.9% | $4.5M |
| Inventory | $43.3M-4.1% | $45.1M-6.8% | $48.4M-6.0% | $51.5M+6.0% | $48.6M-4.0% | $50.6M+11.9% | $45.2M-2.6% | $46.4M |
| Accounts Receivable | $19.0M-6.9% | $20.4M+10.0% | $18.5M-13.2% | $21.4M-15.1% | $25.2M+7.3% | $23.4M+31.3% | $17.9M-22.5% | $23.1M |
| Goodwill | $17.4M+1.5% | $17.1M+12.1% | $15.3M+0.3% | $15.2M-39.9% | $25.3M-0.1% | $25.4M+74.5% | $14.5M-0.7% | $14.6M |
| Total Liabilities | $60.7M-5.1% | $64.0M-5.1% | $67.4M-8.7% | $73.8M-0.7% | $74.3M-3.9% | $77.3M+118.3% | $35.4M-17.6% | $43.0M |
| Current Liabilities | $38.4M-5.6% | $40.6M-7.4% | $43.9M-9.8% | $48.6M+7.0% | $45.5M+2.2% | $44.5M+94.3% | $22.9M-23.0% | $29.8M |
| Long-Term Debt | $18.3M-3.6% | $19.0M+2.2% | $18.6M-7.2% | $20.0M-5.1% | $21.1M-7.1% | $22.7M+142.7% | $9.3M-7.0% | $10.1M |
| Total Equity | $76.9M0.0% | $76.9M+1.4% | $75.8M-1.0% | $76.6M-16.9% | $92.2M+0.5% | $91.8M+0.6% | $91.2M+1.0% | $90.3M |
| Retained Earnings | $47.0M-2.4% | $48.1M+0.8% | $47.8M-2.5% | $49.0M-24.6% | $65.0M+0.4% | $64.7M-0.5% | $65.0M+1.8% | $63.9M |
ALOT Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.7M+7.4% | $3.4M+1273.9% | $249K-94.3% | $4.4M+192.7% | -$4.7M-3027.2% | $162K-97.7% | $6.9M+7.0% | $6.5M |
| Capital Expenditures | $139K+61.6% | $86K+83.0% | $47K-21.7% | $60K-76.6% | $256K-24.3% | $338K-31.3% | $492K+221.8% | -$404K |
| Free Cash Flow | $3.5M+6.0% | $3.3M+1551.0% | $202K-95.3% | $4.3M+186.7% | -$5.0M-2739.8% | -$176K-102.7% | $6.4M+6.0% | $6.0M |
| Investing Cash Flow | -$126K-1000.0% | $14K+129.8% | -$47K+21.7% | -$60K-104.4% | $1.4M+106.5% | -$21.1M-4181.9% | -$492K-221.8% | $404K |
| Financing Cash Flow | -$3.1M+17.0% | -$3.8M-116.6% | -$1.7M+58.9% | -$4.2M-242.7% | $3.0M-86.2% | $21.5M+409.2% | -$7.0M+0.3% | -$7.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ALOT Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.4%-11.9pp | 36.3%+4.0pp | 32.2%-1.3pp | 33.6%-0.4pp | 33.9%-1.4pp | 35.3%-1.0pp | 36.3%+4.4pp | 31.9% |
| Operating Margin | 0.1%-3.1pp | 3.3%+5.3pp | -2.0%-3.5pp | 1.5%-1.6pp | 3.1%+0.5pp | 2.6%-1.5pp | 4.1%-5.8pp | 9.9% |
| Net Margin | -3.0%-4.0pp | 1.0%+4.4pp | -3.4%-2.4pp | -1.0%-1.6pp | 0.6%+1.4pp | -0.8%-4.3pp | 3.6%-3.3pp | 6.9% |
| Return on Equity | -1.5%-2.0pp | 0.5%+2.1pp | -1.6%-1.2pp | -0.5%-0.8pp | 0.3%+0.6pp | -0.3%-1.6pp | 1.3%-1.7pp | 3.0% |
| Return on Assets | -0.8%-1.1pp | 0.3%+1.1pp | -0.9%-0.6pp | -0.3%-0.4pp | 0.1%+0.3pp | -0.2%-1.1pp | 0.9%-1.1pp | 2.0% |
| Current Ratio | 1.84+0.0 | 1.82+0.1 | 1.71+0.0 | 1.67-0.2 | 1.83-0.0 | 1.87-1.2 | 3.07+0.5 | 2.58 |
| Debt-to-Equity | 0.240.0 | 0.250.0 | 0.24-0.0 | 0.26+0.0 | 0.23-0.0 | 0.25+0.1 | 0.100.0 | 0.11 |
| FCF Margin | 9.4%+0.9pp | 8.5%+8.0pp | 0.6%-10.9pp | 11.5%+23.9pp | -12.4%-11.9pp | -0.4%-19.9pp | 19.4%+4.2pp | 15.3% |
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Frequently Asked Questions
What is Astronova's annual revenue?
Astronova (ALOT) reported $150.5M in total revenue for fiscal year 2026. This represents a -0.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Astronova's revenue growing?
Astronova (ALOT) revenue declined by 0.5% year-over-year, from $151.3M to $150.5M in fiscal year 2026.
Is Astronova profitable?
No, Astronova (ALOT) reported a net income of -$2.4M in fiscal year 2026, with a net profit margin of -1.6%.
What is Astronova's EBITDA?
Astronova (ALOT) had EBITDA of $6.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Astronova have?
As of fiscal year 2026, Astronova (ALOT) had $4.1M in cash and equivalents against $18.3M in long-term debt.
What is Astronova's gross margin?
Astronova (ALOT) had a gross margin of 31.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Astronova's operating margin?
Astronova (ALOT) had an operating margin of 0.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Astronova's net profit margin?
Astronova (ALOT) had a net profit margin of -1.6% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Astronova's return on equity (ROE)?
Astronova (ALOT) has a return on equity of -3.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Astronova's free cash flow?
Astronova (ALOT) generated $11.4M in free cash flow during fiscal year 2026. This represents a 209.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Astronova's operating cash flow?
Astronova (ALOT) generated $11.7M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Astronova's total assets?
Astronova (ALOT) had $137.6M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Astronova's capital expenditures?
Astronova (ALOT) invested $332K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Astronova spend on research and development?
Astronova (ALOT) invested $6.8M in research and development during fiscal year 2026.
What is Astronova's current ratio?
Astronova (ALOT) had a current ratio of 1.84 as of fiscal year 2026, which is generally considered healthy.
What is Astronova's debt-to-equity ratio?
Astronova (ALOT) had a debt-to-equity ratio of 0.24 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Astronova's return on assets (ROA)?
Astronova (ALOT) had a return on assets of -1.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Astronova's Altman Z-Score?
Astronova (ALOT) has an Altman Z-Score of 2.96, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Astronova's Piotroski F-Score?
Astronova (ALOT) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Astronova's earnings high quality?
Astronova (ALOT) has an earnings quality ratio of -4.94x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Astronova cover its interest payments?
Astronova (ALOT) has an interest coverage ratio of 0.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Astronova?
Astronova (ALOT) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.