Ispire Technology Inc. (ISPR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Sep 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ISPR SEC filings page.
Ispire Technology Inc. (ISPR) reported $96.0M in revenue for fiscal year 2026, down 24.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Ispire’s shrinking sales now produce thinner gross profit, while liabilities exceed assets and reported cash outflow has narrowed.
In FY2026, the net loss was$33.2M while operating cash flow was-$569K ; accounting losses therefore did not translate into a comparable cash outflow. That divergence was much wider than FY2025, when operating cash flow was-$7.4M , pointing to noncash or working-capital effects shaping the period.
Gross margin fell from
Liabilities were
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ispire Technology Inc.'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.
Ispire Technology Inc. held $21.3M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $569K of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Ispire Technology Inc. scores 99/100 among other emerging companies.
Ispire Technology Inc. had 58M shares outstanding at the end of fiscal year 2026, against 57M in fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Ispire Technology Inc. scores 69/100 among other emerging companies.
Ispire Technology Inc. spent $81K on research and development in fiscal year 2026, which was 0.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Ispire Technology Inc. scores 3/100 among other emerging companies.
Ispire Technology Inc. reported revenue of $96.0M in fiscal year 2026, against $127.5M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and Ispire Technology Inc. scores 18/100 among other emerging companies.
Ispire Technology Inc.'s operations used $569K of cash in fiscal year 2026, against $7.4M used in fiscal year 2025. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Ispire Technology Inc. scores 86/100 among other emerging companies.
Ispire Technology Inc.'s cash, cash equivalents and investments came to $21.3M at the end of fiscal year 2026, against $93.5M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Ispire Technology Inc. scores 29/100 among other emerging companies.
Ispire Technology Inc. scores -1.44, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($76.8M) relative to total liabilities ($93.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Ispire Technology Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Ispire Technology Inc. reported a net loss of $33.2M while operations used $569K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Ispire Technology Inc. reported an operating loss of $32.6M against $374K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Ispire Technology Inc. generated $26.7M in revenue in Q4 2026. This represents an increase of 32.5% from the same quarter a year earlier. Against the prior quarter it is up 42.8%.
Ispire Technology Inc.'s EBITDA was -$13.3M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.9% from the same quarter a year earlier. Against the prior quarter it is down 43.3%.
Ispire Technology Inc. reported -$13.8M in net income in Q4 2026. This represents an increase of 6.6% from the same quarter a year earlier. Against the prior quarter it is down 45.1%.
Ispire Technology Inc. earned -$0.24 per diluted share (EPS) in Q4 2026. This represents an increase of 7.7% from the same quarter a year earlier. Against the prior quarter it is down 41.2%.
Cash & Balance Sheet
Ispire Technology Inc. generated $2.6M in free cash flow in Q4 2026, representing cash available after capex. This represents a decrease of 30.2% from the same quarter a year earlier. Against the prior quarter it is up 52.6%.
Ispire Technology Inc. held $19.3M in cash as of Q4 2026; long-term debt is not reported for that period.
Not reported for Q4 2026.
Margins & Returns
Ispire Technology Inc.'s gross margin was 6.3% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is down 6.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.3 percentage points.
Ispire Technology Inc.'s operating margin was -50.7% in Q4 2026, reflecting core business profitability. This is up 22.0 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Ispire Technology Inc.'s net profit margin was -51.8% in Q4 2026, showing the share of revenue converted to profit. This is up 21.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.8 percentage points.
Not reported for Q4 2026.
Capital Allocation
Ispire Technology Inc. repurchased no shares in Q4 2026.
Ispire Technology Inc. invested $18K in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 98.1% from the same quarter a year earlier. Against the prior quarter it is down 92.6%.
Not reported for Q4 2026.
ISPR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.7M+32.5% | $18.7M-28.7% | $20.3M-51.5% | $30.4M-22.8% | $20.1M-46.1% | $26.2M-12.7% | $41.8M+0.3% | $39.3M-8.2% |
| Cost of Revenue | $25.0M+41.6% | $16.7M-22.0% | $16.8M-50.7% | $25.2M-20.4% | $17.7M-34.1% | $21.4M-10.4% | $34.1M-3.7% | $31.7M-12.1% |
| Gross Profit | $1.7M-31.9% | $2.0M-58.3% | $3.5M-55.0% | $5.1M-32.9% | $2.5M-76.6% | $4.8M-22.0% | $7.7M+23.5% | $7.7M+12.1% |
| SG&A Expenses | $5.2M-23.5% | $4.8M-36.6% | $4.7M-47.2% | $4.5M-34.0% | $6.7M+21.5% | $7.6M-24.2% | $8.8M+0.7% | $6.8M+2.2% |
| Operating Income | -$13.5M+7.5% | -$9.5M+10.4% | -$6.9M+6.6% | -$2.7M+48.8% | -$14.6M-325.6% | -$10.6M-87.2% | -$7.4M-87.7% | -$5.3M-499.2% |
| EBITDA | -$13.3M+7.9% | -$9.3M+10.7% | -$6.6M+7.3% | -$2.4M+51.7% | -$14.4M-368.7% | -$10.4M-85.8% | -$7.2M-85.1% | -$5.1M-495.7% |
| Interest Expense | $75K-42.0% | $87K+144.7% | $100K+666.4% | $112K+878.5% | $129K | $36K | $13K | $11K-94.9% |
| Income Tax | $377K+243.2% | $177K+0.2% | $107K-76.8% | $486K+6.4% | $110K-38.4% | $177K-30.7% | $460K+30.6% | $457K-7.9% |
| Net Income | -$13.8M+6.6% | -$9.5M+12.3% | -$6.6M+17.4% | -$3.3M+41.8% | -$14.8M-321.5% | -$10.9M-83.2% | -$8.0M-100.4% | -$5.6M-317.0% |
| EPS (Basic) | -$0.24+7.7% | -$0.17+10.5% | -$0.12+14.3% | -$0.06+40.0% | -$0.26-333.3% | -$0.19-72.7% | -$0.14-100.0% | -$0.10-400.0% |
| EPS (Diluted) | -$0.24+7.7% | -$0.17+10.5% | -$0.12+14.3% | -$0.06+40.0% | -$0.26-333.3% | -$0.19-72.7% | -$0.14-100.0% | -$0.10-400.0% |
| Diluted Shares (Avg) | N/A | 57M+0.5% | 57M+1.1% | 57M+1.2% | N/A | 57M+4.9% | 57M+4.4% | 57M+4.3% |
Not reported in any period shown, so not listed: R&D Expenses.
ISPR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $64.3M-37.1% | $75.9M-34.4% | $84.4M-36.1% | $96.4M-25.2% | $102.2M-16.7% | $115.7M+7.2% | $132.0M+46.1% | $129.0M+46.3% |
| Current Assets | $45.4M-37.7% | $55.7M-40.7% | $63.7M-43.3% | $75.1M-30.8% | $72.9M-28.9% | $94.0M-4.7% | $112.3M+35.3% | $108.5M+33.0% |
| Cash & Equivalents | $19.3M-20.6% | $18.0M-23.3% | $17.6M-48.9% | $22.7M-39.9% | $24.4M-30.6% | $23.5M-40.4% | $34.4M+96.4% | $37.7M+46.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $0-100.0% |
| Inventory | $3.1M-53.0% | $5.5M-30.0% | $5.0M-36.2% | $6.2M-11.9% | $6.6M+4.4% | $7.8M-20.3% | $7.9M+4.7% | $7.0M+24.7% |
| Accounts Receivable | $19.8M-49.9% | $28.7M-52.6% | $37.9M-44.1% | $44.5M-28.6% | $39.6M-33.7% | $60.4M+26.6% | $67.7M+48.9% | $62.4M+59.2% |
| Long-Term Investments | $2.0M0.0% | $2.0M0.0% | $2.0M0.0% | $2.0M0.0% | $2.0M0.0% | $2.0M0.0% | $2.0M | $2.0M |
| Total Liabilities | $93.5M-8.0% | $92.1M-8.7% | $92.1M-14.6% | $98.2M0.0% | $101.6M+15.2% | $100.9M+40.0% | $107.8M+76.0% | $98.2M+72.4% |
| Current Liabilities | $44.6M-38.5% | $54.9M-43.0% | $60.2M-43.3% | $65.8M-31.7% | $72.5M-15.6% | $96.2M+38.1% | $106.2M+81.8% | $96.4M+78.8% |
| Non-Current Liabilities | $48.9M+68.2% | $37.3M+681.8% | $31.9M+1926.9% | $32.4M+1632.8% | $29.1M+1225.1% | $4.8M+92.4% | $1.6M-44.3% | $1.9M-39.4% |
| Total Equity | -$29.2M-4936.5% | -$16.2M-209.6% | -$7.7M-131.6% | -$1.8M-105.8% | $605K-98.2% | $14.8M-58.8% | $24.2M-16.9% | $30.7M-1.4% |
| Retained Earnings | -$81.3M-69.1% | -$67.5M-102.7% | -$57.9M-158.4% | -$51.3M-255.9% | -$48.1M-444.6% | -$33.3M-526.0% | -$22.4M-3779.5% | -$14.4M-413.4% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
ISPR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.6M-44.1% | $2.0M+115.7% | -$4.0M-24.7% | -$1.2M-132.8% | $4.7M+429.7% | -$12.5M-472.6% | -$3.2M+55.2% | $3.6M+127.5% |
| Depreciation & Amortization | $253K+14.9% | $211K+5.9% | $228K+20.9% | $253K+23.7% | $220K-40.0% | $199K+198.7% | $189K+305.7% | $205K+602.3% |
| Stock-Based Compensation | N/A | $992K-32.5% | $822K-43.1% | $938K-53.3% | N/A | $1.5M-20.1% | $1.4M-23.2% | $2.0M+107.5% |
| Capital Expenditures | -$18K-98.1% | $247K+36.0% | $69K+28.5% | $8K-97.2% | $960K+25.6% | -$182K+142.1% | $54K-91.0% | $269K-49.6% |
| Free Cash Flow | $2.6M-30.2% | $1.7M+113.5% | -$4.0M-24.7% | -$1.2M-135.6% | $3.7M+270.7% | -$12.7M-486.7% | -$3.2M+58.0% | $3.3M+124.5% |
| Investing Cash Flow | -$1.0M+71.2% | -$1.2M-99.6% | -$763K-326.7% | -$140K+84.9% | -$3.5M-18.6% | -$585K-107.5% | -$179K+83.3% | -$925K-17.3% |
| Financing Cash Flow | -$319K+25.1% | -$319K | -$364K | -$319K | -$426K-42571200.0% | N/A | N/A | N/A |
| Share Buybacks | $0 | $0 | N/A | N/A | $0 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
ISPR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 6.3%-6.0pp | 10.7%-7.6pp | 17.1%-1.3pp | 17.0%-2.5pp | 12.3%-16.0pp | 18.2%-2.2pp | 18.5%+3.5pp | 19.5%+3.5pp |
| Operating Margin | -50.7%+22.0pp | -50.7%-10.3pp | -33.9%-16.3pp | -8.9%+4.5pp | -72.7%-63.5pp | -40.4%-21.6pp | -17.6%-8.2pp | -13.4%-11.3pp |
| Net Margin | -51.8%+21.7pp | -51.0%-9.5pp | -32.6%-13.4pp | -10.7%+3.5pp | -73.5%-64.1pp | -41.4%-21.7pp | -19.1%-9.5pp | -14.2%-11.1pp |
| Return on Equity | N/A | N/A | N/A | N/A | -2445.9%-2435.7pp | -73.4%-56.9pp | -33.0%-19.3pp | -18.2%-13.9pp |
| Return on Assets | -21.5%-7.0pp | -12.5%-3.2pp | -7.8%-1.8pp | -3.4%+1.0pp | -14.5%-11.6pp | -9.4%-3.9pp | -6.1%-1.6pp | -4.3%-2.8pp |
| Current Ratio | 1.020.0x | 1.020.0x | 1.060.0x | 1.140.0x | 1.01-0.2x | 0.98-0.4x | 1.06-0.4x | 1.13-0.4x |
| Debt-to-Equity | N/A | N/A | N/A | N/A | 168.04+165.5x | 6.83+4.8x | 4.45+2.3x | 3.20+1.4x |
| Asset Turnover | 0.42+0.2x | 0.250.0x | 0.24-0.1x | 0.310.0x | 0.20-0.1x | 0.23-0.1x | 0.32-0.1x | 0.31-0.2x |
| FCF Margin | 9.8%-8.8pp | 9.1%+57.6pp | -19.9%-12.2pp | -3.9%-12.4pp | 18.6%+24.4pp | -48.4%-59.3pp | -7.7%+10.8pp | 8.5%+40.3pp |
Note: Shareholder equity is negative (-$29.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Ispire Technology Inc. ISPR | FY2026 | $96.0M | -$33.2M | -34.6% | $76.8M | 51/100 |
| Turning Point Brands, Inc. TPB | FY2025 | $463.1M | $58.2M | 12.6% | $1.2B | 79/100 |
| Universal Corporation UVV | FY2026 | $2.9B | $33K | 0.0% | $1.0B | 54/100 |
| KAIVAL BRANDS INNVTNS GRP KAVL | FY2025 | $485K | N/A | N/A | $1.6M | — |
| 22nd Century Group Inc. XXII | FY2025 | $17.6M | -$5.1M | -28.7% | $653K | 50/100 |
| Greenlane Holdings, Inc. GNLN | FY2025 | $4.4M | -$85.6M | N/A | $2.4M | 30/100 |
Where Ispire Technology Inc. Ranks
Frequently Asked Questions
What is Ispire Technology Inc.'s annual revenue?
Ispire Technology Inc. (ISPR) reported $96.0M in total revenue for fiscal year 2026. This represents a -24.7% 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 Ispire Technology Inc.'s revenue growing?
Ispire Technology Inc. (ISPR) revenue declined by 24.7% year-over-year, from $127.5M to $96.0M in fiscal year 2026.
Is Ispire Technology Inc. profitable?
No, Ispire Technology Inc. (ISPR) reported a net income of -$33.2M in fiscal year 2026, with a net profit margin of -34.6%.
What is Ispire Technology Inc.'s EBITDA?
Ispire Technology Inc. (ISPR) had EBITDA of -$31.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Ispire Technology Inc.'s gross margin?
Ispire Technology Inc. (ISPR) had a gross margin of 12.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ispire Technology Inc.'s operating margin?
Ispire Technology Inc. (ISPR) had an operating margin of -34.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Ispire Technology Inc.'s net profit margin?
Ispire Technology Inc. (ISPR) had a net profit margin of -34.6% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Ispire Technology Inc.'s free cash flow?
Ispire Technology Inc. (ISPR) recorded an outflow of $875K in free cash flow during fiscal year 2026. This represents a 89.7% 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 Ispire Technology Inc.'s operating cash flow?
Ispire Technology Inc. (ISPR) recorded an outflow of $569K in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Ispire Technology Inc.'s total assets?
Ispire Technology Inc. (ISPR) had $64.3M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Ispire Technology Inc.'s capital expenditures?
Ispire Technology Inc. (ISPR) invested $306K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Ispire Technology Inc. spend on research and development?
Ispire Technology Inc. (ISPR) invested $81K in research and development during fiscal year 2026.
What is Ispire Technology Inc.'s current ratio?
Ispire Technology Inc. (ISPR) had a current ratio of 1.02 as of fiscal year 2026, which is considered adequate.
What is Ispire Technology Inc.'s return on assets (ROA)?
Ispire Technology Inc. (ISPR) had a return on assets of -51.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Ispire Technology Inc.'s P/E ratio?
Ispire Technology Inc. (ISPR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $76.8M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ispire Technology Inc.'s price-to-sales ratio?
Ispire Technology Inc. (ISPR) trades at 0.8x sales, its market capitalization divided by revenue of $96.0M revenue, FY2026. The market capitalization is $76.8M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is Ispire Technology Inc.'s debt-to-equity ratio negative or not reported?
Ispire Technology Inc. (ISPR) has negative shareholder equity of -$29.2M as of fiscal year 2026, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Ispire Technology Inc.'s Altman Z-Score?
Ispire Technology Inc. (ISPR) has an Altman Z-Score of -1.44, placing it in the Distress Zone (elevated bankruptcy 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 Ispire Technology Inc.'s Piotroski F-Score?
Ispire Technology Inc. (ISPR) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Ispire Technology Inc.'s earnings high quality?
Ispire Technology Inc. (ISPR) reported a net loss of $33.2M while operations used $569K of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 Ispire Technology Inc. cover its interest payments?
Ispire Technology Inc. (ISPR) reported an operating loss of $32.6M against $374K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 Ispire Technology Inc.?
Ispire Technology Inc. (ISPR) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.