Earth Science Te Financials

ETST

Source SEC Filings (10-K/10-Q) Updated Feb 13, 2026 Currency USD FYE March

This page shows Earth Science Te (ETST) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).

Financial Health Signals

Financial Profile 75/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

100

Earth Science Te's revenue surged 177.1% year-over-year to $33.1M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

Earth Science Te carries a low D/E ratio of 0.83, meaning only $0.83 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Earth Science Te's current ratio of 0.99 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 15/100, which could limit financial flexibility.

Returns

100

Earth Science Te earns a strong 84.5% return on equity (ROE), meaning it generates $84 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is up from 36.1% the prior year.

Piotroski F-Score Strong

9/9

Earth Science Te passes 9 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.34x

For every $1 of reported earnings, Earth Science Te generates $1.34 in operating cash flow ($4.4M OCF vs $3.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$33.1M

YoY+177.1%

5Y CAGR+129.0%

10Y CAGR+94.9%

Earth Science Te generated $33.1M in revenue in fiscal year 2025. This represents an increase of 177.1% from the prior year.

EBITDA

N/A

Net Income

$3.3M

YoY+300.6%

Earth Science Te reported $3.3M in net income in fiscal year 2025. This represents an increase of 300.6% from the prior year.

EPS (Diluted)

$0.01

YoY+266.7%

Earth Science Te earned $0.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 266.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$1.5M

YoY+111.1%

5Y CAGR+116.9%

10Y CAGR+77.5%

Earth Science Te held $1.5M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

294M

YoY-5.1%

5Y CAGR+50.7%

10Y CAGR+39.9%

Earth Science Te had 294M shares outstanding in fiscal year 2025. This represents a decrease of 5.1% from the prior year.

Margins & Returns

Gross Margin

73.4%

YoY+7.9pp

5Y CAGR+31.9pp

10Y CAGR-10.5pp

Earth Science Te's gross margin was 73.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 7.9 percentage points from the prior year.

Operating Margin

N/A

Net Margin

9.8%

YoY+3.0pp

5Y CAGR+237.9pp

10Y CAGR+157.9pp

Earth Science Te's net profit margin was 9.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.0 percentage points from the prior year.

Return on Equity

84.5%

YoY+48.4pp

Earth Science Te's ROE was 84.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 48.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$1.5M

YoY+723.5%

Earth Science Te spent $1.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 723.5% from the prior year.

Capital Expenditures

N/A

ETST Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$33.1M+177.1%	$12.0M+24527.9%	$49K+243.7%	$14K-90.0%	$141K-73.2%	$526K
Cost of Revenue	$8.8M+113.8%	$4.1M+15480.1%	$26K+17.0%	$23K-77.6%	$101K-67.2%	$308K
Gross Profit	$24.3M+210.4%	$7.8M+35387.3%	$22K+359.0%	-$9K-121.3%	$40K-81.7%	$218K
R&D Expenses	N/A	N/A	$0	$0-100.0%	$9K-88.2%	$76K
SG&A Expenses	$4.2M+2388.3%	$167K-28.0%	$232K+99.8%	$116K-49.3%	$229K-58.5%	$551K
Operating Income	N/A	$892K+195.3%	-$937K-313.2%	-$227K+94.7%	-$4.3M-373.5%	-$909K
Interest Expense	$3K-95.1%	$67K+41.7%	$47K-45.3%	$87K+1719.6%	$5K0.0%	$5K
Income Tax	$117K+798.1%	$13K	N/A	N/A	N/A	N/A
Net Income	$3.3M+300.6%	$812K+322.3%	-$365K-111.5%	$3.2M+172.4%	-$4.4M-265.2%	-$1.2M
EPS (Diluted)	$0.01+266.7%	$0.00+200.0%	$-0.00	N/A	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$8.4M0.0%	$8.4M-7.3%	$9.1M+3.3%	$8.8M+1.0%	$8.7M+18.0%	$7.4M-13.7%	$8.5M-0.6%	$8.6M
Cost of Revenue	$2.0M0.0%	$2.0M-14.6%	$2.3M-12.8%	$2.7M+24.7%	$2.1M-5.5%	$2.3M+0.6%	$2.3M+4.3%	$2.2M
Gross Profit	$6.4M0.0%	$6.4M-4.8%	$6.7M+10.4%	$6.1M-6.8%	$6.5M+28.5%	$5.1M-18.8%	$6.3M-2.2%	$6.4M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$914K0.0%	$914K+2.9%	$888K-9.4%	$980K-51.6%	$2.0M+150.0%	$810K-35.7%	$1.3M+1978.4%	$61K
Operating Income	$1.3M0.0%	$1.3M	N/A	N/A	N/A	$226K-72.7%	$830K-22.1%	$1.1M
Interest Expense	$5K0.0%	$5K-35.5%	$7K+73.1%	$4K+154.6%	-$8K-224.4%	$6K+121.2%	$3K+44.8%	$2K
Income Tax	$128K0.0%	$128K	N/A	N/A	N/A	N/A	$28K	N/A
Net Income	$910K0.0%	$910K-5.8%	$967K+107.9%	$465K-60.3%	$1.2M+468.1%	$206K-74.1%	$798K-25.8%	$1.1M
EPS (Diluted)	$0.000.0%	$0.000.0%	$0.00+200.0%	$0.00	N/A	$0.00-66.7%	$0.000.0%	$0.00

ETST Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$7.1M+82.1%	$3.9M+42.3%	$2.7M+3445.5%	$77K+19.2%	$65K-58.2%	$155K
Current Assets	$3.1M+147.2%	$1.3M+2634.3%	$46K+70.8%	$27K-38.8%	$44K-66.9%	$133K
Cash & Equivalents	$1.5M+111.1%	$698K+1851.3%	$36K+32.7%	$27K+66.7%	$16K-47.4%	$31K
Inventory	$504K+59.6%	$316K+2977.4%	$10K	N/A	$22K-65.7%	$63K
Accounts Receivable	$129K-45.2%	$235K	N/A	N/A	$6K-84.3%	$39K
Goodwill	$2.3M0.0%	$2.3M0.0%	$2.3M	N/A	N/A	N/A
Total Liabilities	$3.2M+97.0%	$1.6M+1.5%	$1.6M-14.6%	$1.9M-63.0%	$5.1M+419.3%	$980K
Current Liabilities	$3.1M+111.7%	$1.5M+13.7%	$1.3M-30.6%	$1.9M-63.0%	$5.1M+419.3%	$980K
Long-Term Debt	N/A	$61K-70.4%	$204K-73.8%	$781K	N/A	N/A
Total Equity	$3.9M+71.2%	$2.2M+100.9%	$1.1M+162.0%	-$1.8M+64.1%	-$5.0M-508.7%	-$826K
Retained Earnings	-$27.7M+6.5%	-$29.7M+2.7%	-$30.5M-1.1%	-$30.1M+9.5%	-$33.3M-15.2%	-$28.9M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	$8.1M0.0%	$8.1M-6.7%	$8.7M+11.4%	$7.8M+10.1%	$7.1M+23.8%	$5.7M+13.0%	$5.0M+5.8%	$4.8M
Current Assets	$3.0M0.0%	$3.0M-15.8%	$3.6M+16.9%	$3.1M-0.9%	$3.1M+55.1%	$2.0M-12.1%	$2.3M+9.7%	$2.1M
Cash & Equivalents	$416K0.0%	$416K-66.4%	$1.2M+40.8%	$878K-40.4%	$1.5M+182.1%	$522K-65.9%	$1.5M+10.7%	$1.4M
Inventory	$1.1M0.0%	$1.1M+4.1%	$1.0M+28.7%	$812K+61.1%	$504K+266.3%	$138K-68.2%	$432K+80.7%	$239K
Accounts Receivable	$306K0.0%	$306K+34.7%	$227K-33.5%	$342K+164.7%	$129K-21.4%	$164K-19.5%	$204K-35.8%	$318K
Goodwill	$2.6M0.0%	$2.6M0.0%	$2.6M0.0%	$2.6M+15.0%	$2.3M0.0%	$2.3M0.0%	$2.3M0.0%	$2.3M
Total Liabilities	$2.3M0.0%	$2.3M-36.3%	$3.6M+2.8%	$3.5M+8.6%	$3.2M+32.5%	$2.4M+31.3%	$1.8M+15.2%	$1.6M
Current Liabilities	$2.3M0.0%	$2.3M-36.4%	$3.6M+4.6%	$3.4M+8.0%	$3.1M+35.9%	$2.3M+36.2%	$1.7M+14.6%	$1.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$43K	N/A	N/A
Total Equity	$5.8M0.0%	$5.8M+14.3%	$5.1M+18.4%	$4.3M+11.3%	$3.9M+17.4%	$3.3M+2.5%	$3.2M+1.1%	$3.2M
Retained Earnings	$25.4M+200.0%	-$25.4M+3.5%	-$26.3M+3.5%	-$27.3M+1.7%	-$27.7M-0.6%	-$27.6M+0.7%	-$27.8M+2.8%	-$28.6M

ETST Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$4.4M+262.5%	$1.2M+219.1%	-$1.0M-502.7%	-$168K+14.5%	-$197K+62.1%	-$519K
Capital Expenditures	N/A	$27K	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	$1.2M	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1.9M-6994.1%	-$27K	N/A	$2K	N/A	N/A
Financing Cash Flow	-$1.7M-231.3%	-$518K-150.9%	$1.0M+487.0%	$173K-4.9%	$182K-56.8%	$422K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$1.5M+723.5%	$178K	N/A	N/A	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	$1.1M+936.6%	-$126K-115.0%	$842K+148.0%	$339K-83.0%	$2.0M+298.5%	$500K-46.0%	$927K-2.6%	$951K
Capital Expenditures	$601K	N/A	N/A	N/A	N/A	$348K+2028.5%	$16K-82.2%	$92K
Free Cash Flow	$454K	N/A	N/A	N/A	N/A	$152K-83.3%	$910K+6.0%	$859K
Investing Cash Flow	$1.4M+387.1%	-$503K-84.5%	-$273K+59.2%	-$668K-848.4%	-$70K+95.9%	-$1.7M-19091.6%	-$9K+91.1%	-$100K
Financing Cash Flow	$669K+450.9%	-$191K+9.9%	-$211K+20.7%	-$267K+72.6%	-$973K-606.8%	$192K+124.9%	-$770K-367.3%	-$165K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$466K+154.5%	$183K-9.5%	$202K+150.8%	$81K-80.6%	$416K+227.3%	$127K-83.4%	$764K+382.3%	$158K

ETST Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	73.4%+7.9pp	65.5%+20.0pp	45.5%+105.8pp	-60.3%-88.6pp	28.3%-13.2pp	41.5%
Operating Margin	N/A	7.5%+1937.3pp	-1929.8%-324.6pp	-1605.2%+1448.0pp	-3053.3%-2880.6pp	-172.7%
Net Margin	9.8%+3.0pp	6.8%+759.6pp	-752.8%-23221.6pp	22468.7%+25579.5pp	-3110.8%-2882.7pp	-228.1%
Return on Equity	84.5%+48.4pp	36.1%+68.8pp	-32.6%	N/A	N/A	N/A
Return on Assets	46.0%+25.1pp	20.9%+34.3pp	-13.4%-4137.6pp	4124.2%+10913.1pp	-6788.9%-6012.3pp	-776.6%
Current Ratio	0.99+0.1	0.85+0.8	0.04+0.0	0.010.0	0.01-0.1	0.14
Debt-to-Equity	0.83+0.8	0.03-0.2	0.18+0.6	-0.43+0.6	-1.01+0.2	-1.19
FCF Margin	N/A	9.9%	N/A	N/A	N/A	N/A

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	76.3%0.0pp	76.3%+2.0pp	74.3%+4.8pp	69.5%-5.8pp	75.3%+6.2pp	69.2%-4.4pp	73.6%-1.2pp	74.8%
Operating Margin	16.0%0.0pp	16.0%	N/A	N/A	N/A	3.1%-6.7pp	9.7%-2.7pp	12.4%
Net Margin	10.8%0.0pp	10.8%+0.2pp	10.7%+5.4pp	5.3%-8.2pp	13.5%+10.7pp	2.8%-6.6pp	9.4%-3.2pp	12.6%
Return on Equity	15.7%0.0pp	15.7%-3.4pp	19.1%+8.2pp	10.8%-19.6pp	30.4%+24.2pp	6.3%-18.6pp	24.9%-9.0pp	34.0%
Return on Assets	11.3%0.0pp	11.3%+0.1pp	11.2%+5.2pp	6.0%-10.6pp	16.6%+13.0pp	3.6%-12.2pp	15.8%-6.7pp	22.6%
Current Ratio	1.340.0	1.34+0.3	1.01+0.1	0.91-0.1	0.99+0.1	0.87-0.5	1.34-0.1	1.40
Debt-to-Equity	0.390.0	0.39-0.3	0.71-0.1	0.81-0.0	0.83+0.8	0.01-0.6	0.58+0.1	0.51
FCF Margin	5.4%	N/A	N/A	N/A	N/A	2.1%-8.6pp	10.7%+0.7pp	10.0%

Note: The current ratio is below 1.0 (0.99), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Earth Science Te's annual revenue?

Earth Science Te (ETST) reported $33.1M in total revenue for fiscal year 2025. This represents a 177.1% 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 Earth Science Te's revenue growing?

Earth Science Te (ETST) revenue grew by 177.1% year-over-year, from $12.0M to $33.1M in fiscal year 2025.

Is Earth Science Te profitable?

Yes, Earth Science Te (ETST) reported a net income of $3.3M in fiscal year 2025, with a net profit margin of 9.8%.

What is Earth Science Te's earnings per share (EPS)?

Earth Science Te (ETST) reported diluted earnings per share of $0.01 for fiscal year 2025. This represents a 266.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Earth Science Te's gross margin?

Earth Science Te (ETST) had a gross margin of 73.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Earth Science Te's net profit margin?

Earth Science Te (ETST) had a net profit margin of 9.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Earth Science Te's return on equity (ROE)?

Earth Science Te (ETST) has a return on equity of 84.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Earth Science Te's operating cash flow?

Earth Science Te (ETST) generated $4.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Earth Science Te's total assets?

Earth Science Te (ETST) had $7.1M in total assets as of fiscal year 2025, including both current and long-term assets.

Does Earth Science Te buy back shares?

Yes, Earth Science Te (ETST) spent $1.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Earth Science Te have outstanding?

Earth Science Te (ETST) had 294M shares outstanding as of fiscal year 2025.

What is Earth Science Te's current ratio?

Earth Science Te (ETST) had a current ratio of 0.99 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Earth Science Te's debt-to-equity ratio?

Earth Science Te (ETST) had a debt-to-equity ratio of 0.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Earth Science Te's return on assets (ROA)?

Earth Science Te (ETST) had a return on assets of 46.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Earth Science Te's Piotroski F-Score?

Earth Science Te (ETST) has a Piotroski F-Score of 9 out of 9, indicating strong 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Earth Science Te's earnings high quality?

Earth Science Te (ETST) has an earnings quality ratio of 1.34x, considered cash-backed (high 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.

How financially healthy is Earth Science Te?

Earth Science Te (ETST) scores 75 out of 100 on our Financial Profile, indicating strong 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.