Alpha Teknova Financials
Alpha Teknova (TKNO) reported $43.7M in revenue over the twelve months to Jun 30, 2026, up 12.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
Alpha Teknova’s recovery is driven by cost reduction and lower reinvestment, while losses and equity erosion remain embedded in operations.
Revenue returned to$40.5M in FY2025 while gross margin recovered to33.2% , indicating improved cost absorption rather than merely more volume. Yet operating cash flow of-$8.6M and free cash flow of-$9.8M show that the accounting recovery still has not converted into cash generation.
Revenue in FY2025 nearly regained FY2022’s level, but gross margin remained below its earlier
Shares outstanding almost doubled from 28.0M in FY2021 to 53.6M in FY2025, making dilution a more important balance-sheet change than debt buildup. Debt-to-equity remained modest at 0.2x, but total equity declined to
Financial Health Signals
Scored against emerging companies for FY2025. 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 Alpha Teknova'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.
Alpha Teknova scores 4.92, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($382.3M) relative to total liabilities ($34.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Alpha Teknova passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Alpha Teknova reported a net loss of $17.3M while operations used $8.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Alpha Teknova reported an operating loss of $17.0M against $710K 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
Alpha Teknova generated $40.5M in revenue in fiscal year 2025. This represents an increase of 7.4% from the prior year.
Alpha Teknova's EBITDA was -$10.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 45.7% from the prior year.
Alpha Teknova reported -$17.3M in net income in fiscal year 2025. This represents an increase of 35.5% from the prior year.
Alpha Teknova earned -$0.32 per diluted share (EPS) in fiscal year 2025. This represents an increase of 43.9% from the prior year.
Cash & Balance Sheet
Alpha Teknova recorded an outflow of $9.8M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 27.5% from the prior year.
Alpha Teknova held $5.9M in cash against $13.1M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Alpha Teknova's gross margin was 33.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 14.0 percentage points from the prior year.
Alpha Teknova's operating margin was -41.9% in fiscal year 2025, reflecting core business profitability. This is up 27.4 percentage points from the prior year.
Alpha Teknova's net profit margin was -42.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 28.3 percentage points from the prior year.
Alpha Teknova's ROE was -25.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 7.4 percentage points from the prior year.
Capital Allocation
Alpha Teknova invested $2.2M in research and development in fiscal year 2025. This represents a decrease of 20.4% from the prior year.
Alpha Teknova invested $1.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2.0% from the prior year.
Not reported for fiscal year 2025.
TKNO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.2M+10.0% | $11.1M+10.9% | $10.0M-4.5% | $10.5M+1.6% | $10.3M+5.0% | $9.8M+5.7% | $9.3M-3.2% | $9.6M |
| Cost of Revenue | $7.3M+0.1% | $7.3M+8.2% | $6.7M-7.0% | $7.2M+15.0% | $6.3M-7.1% | $6.8M-4.9% | $7.1M-24.8% | $9.5M |
| Gross Profit | $4.9M+29.1% | $3.8M+16.6% | $3.2M+1.2% | $3.2M-19.5% | $4.0M+32.5% | $3.0M+41.3% | $2.1M+2264.4% | $90K |
| R&D Expenses | $554K-9.0% | $609K+16.7% | $522K-3.7% | $542K-6.7% | $581K+5.3% | $552K-7.1% | $594K-5.3% | $627K |
| SG&A Expenses | $4.8M-4.9% | $5.1M-3.7% | $5.3M+13.0% | $4.6M-5.7% | $4.9M-10.3% | $5.5M+3.3% | $5.3M+7.0% | $5.0M |
| Operating Income | -$2.9M+32.8% | -$4.3M+6.7% | -$4.6M-14.7% | -$4.0M-18.6% | -$3.4M+31.8% | -$5.0M+11.8% | -$5.6M+24.3% | -$7.4M |
| Interest Expense | -$252K-15.1% | -$219K-3.8% | -$211K-11.1% | -$190K-15.2% | -$165K-14.6% | -$144K-11.6% | -$129K+8.5% | -$141K |
| Income Tax | $30K-36.2% | $47K+175.8% | -$62K-178.5% | $79K+315.8% | $19K-13.6% | $22K+157.9% | -$38K-375.0% | -$8K |
| Net Income | -$3.2M+30.4% | -$4.6M+4.3% | -$4.8M-11.0% | -$4.3M-20.1% | -$3.6M+23.1% | -$4.6M+18.8% | -$5.7M+24.4% | -$7.6M |
| EPS (Diluted) | -$0.06+25.0% | -$0.08+11.1% | -$0.09-12.5% | -$0.08-14.3% | -$0.07+22.2% | -$0.09+10.0% | -$0.10+33.3% | -$0.15 |
TKNO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $95.9M-2.8% | $98.7M-4.8% | $103.6M-3.8% | $107.6M-2.6% | $110.5M-3.1% | $114.0M-4.0% | $118.8M-4.3% | $124.1M |
| Current Assets | $30.8M-2.7% | $31.7M-8.2% | $34.5M-5.6% | $36.6M-3.9% | $38.1M-4.2% | $39.7M-7.1% | $42.8M-6.9% | $45.9M |
| Cash & Equivalents | $6.0M+39.4% | $4.3M-27.2% | $5.9M+84.5% | $3.2M-2.2% | $3.3M-3.0% | $3.4M-8.9% | $3.7M-39.7% | $6.1M |
| Inventory | $6.9M+0.5% | $6.9M-2.6% | $7.1M+2.0% | $6.9M-9.1% | $7.6M+15.8% | $6.6M-3.4% | $6.8M-11.4% | $7.7M |
| Accounts Receivable | $5.4M-4.7% | $5.7M+22.8% | $4.6M-10.1% | $5.1M-0.1% | $5.1M-8.5% | $5.6M+30.2% | $4.3M-6.4% | $4.6M |
| Total Liabilities | $33.3M-1.3% | $33.7M-3.1% | $34.8M-0.5% | $35.0M+1.6% | $34.4M-2.7% | $35.4M-2.7% | $36.4M-1.2% | $36.8M |
| Current Liabilities | $6.9M-0.3% | $6.9M-8.5% | $7.5M+8.7% | $6.9M+7.1% | $6.5M-8.0% | $7.0M-37.2% | $11.2M+15.4% | $9.7M |
| Long-Term Debt | $13.2M+0.4% | $13.2M+0.4% | $13.1M+0.4% | $13.1M+0.3% | $13.0M+0.3% | $13.0M+37.6% | $9.4M-13.0% | $10.9M |
| Total Equity | $62.6M-3.6% | $64.9M-5.6% | $68.8M-5.3% | $72.7M-4.5% | $76.1M-3.2% | $78.6M-4.6% | $82.4M-5.6% | $87.3M |
| Retained Earnings | -$143.5M-2.3% | -$140.3M-3.4% | -$135.8M-3.6% | -$131.0M-3.4% | -$126.7M-2.9% | -$123.2M-3.9% | -$118.5M-5.1% | -$112.8M |
Not reported in any period shown, so not listed: Goodwill.
TKNO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$471K+86.0% | -$3.4M-627.1% | -$462K+76.7% | -$2.0M+5.8% | -$2.1M+48.8% | -$4.1M-338.4% | -$936K+54.5% | -$2.1M |
| Capital Expenditures | $125K-43.4% | $221K-36.5% | $348K-10.1% | $387K+87.0% | $207K+0.5% | $206K-63.7% | $567K+71.3% | $331K |
| Free Cash Flow | -$596K+83.4% | -$3.6M-342.0% | -$810K+65.8% | -$2.4M-2.6% | -$2.3M+46.4% | -$4.3M-186.7% | -$1.5M+37.1% | -$2.4M |
| Investing Cash Flow | $1.9M+5.6% | $1.8M-42.6% | $3.2M+95.5% | $1.6M-19.1% | $2.0M-47.0% | $3.8M+370.4% | -$1.4M+94.5% | -$25.8M |
| Financing Cash Flow | $224K+354.5% | -$88K-137.8% | -$37K-113.8% | $268K+1057.1% | -$28K+46.2% | -$52K+40.2% | -$87K-100.6% | $15.4M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TKNO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.1%+5.9pp | 34.2%+1.7pp | 32.5%+1.8pp | 30.7%-8.1pp | 38.7%+8.0pp | 30.7%+7.7pp | 23.0%+22.0pp | 0.9% |
| Operating Margin | -23.7%+15.1pp | -38.8%+7.4pp | -46.2%-7.7pp | -38.4%-5.5pp | -32.9%+17.8pp | -50.7%+10.1pp | -60.7%+16.9pp | -77.6% |
| Net Margin | -26.0%+15.1pp | -41.1%+6.5pp | -47.7%-6.7pp | -41.0%-6.3pp | -34.7%+12.7pp | -47.4%+14.3pp | -61.7%+17.3pp | -79.0% |
| Return on Equity | -5.1%+2.0pp | -7.0%-0.1pp | -6.9%-1.0pp | -5.9%-1.2pp | -4.7%+1.2pp | -5.9%+1.0pp | -6.9%+1.7pp | -8.7% |
| Return on Assets | -3.3%+1.3pp | -4.6%0.0pp | -4.6%-0.6pp | -4.0%-0.8pp | -3.2%+0.8pp | -4.1%+0.8pp | -4.8%+1.3pp | -6.1% |
| Current Ratio | 4.49-0.1x | 4.590.0x | 4.58-0.7x | 5.27-0.6x | 5.87+0.2x | 5.64+1.8x | 3.82-0.9x | 4.73 |
| Debt-to-Equity | 0.210.0x | 0.200.0x | 0.190.0x | 0.180.0x | 0.170.0x | 0.17+0.1x | 0.110.0x | 0.12 |
| FCF Margin | -4.9%+27.4pp | -32.3%-24.2pp | -8.1%+14.5pp | -22.6%-0.2pp | -22.4%+21.6pp | -44.0%-27.8pp | -16.2%+8.7pp | -25.0% |
Similar Companies
Where Alpha Teknova Ranks
Frequently Asked Questions
What is Alpha Teknova's annual revenue?
Alpha Teknova (TKNO) reported $40.5M in total revenue for fiscal year 2025. This represents a 7.4% 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 Alpha Teknova's revenue growing?
Alpha Teknova (TKNO) revenue grew by 7.4% year-over-year, from $37.7M to $40.5M in fiscal year 2025.
Is Alpha Teknova profitable?
No, Alpha Teknova (TKNO) reported a net income of -$17.3M in fiscal year 2025, with a net profit margin of -42.6%.
What is Alpha Teknova's EBITDA?
Alpha Teknova (TKNO) had EBITDA of -$10.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Alpha Teknova have?
As of fiscal year 2025, Alpha Teknova (TKNO) had $5.9M in cash and equivalents against $13.1M in long-term debt.
What is Alpha Teknova's gross margin?
Alpha Teknova (TKNO) had a gross margin of 33.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Alpha Teknova's operating margin?
Alpha Teknova (TKNO) had an operating margin of -41.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Alpha Teknova's net profit margin?
Alpha Teknova (TKNO) had a net profit margin of -42.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Alpha Teknova's return on equity (ROE)?
Alpha Teknova (TKNO) has a return on equity of -25.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Alpha Teknova's free cash flow?
Alpha Teknova (TKNO) recorded an outflow of $9.8M in free cash flow during fiscal year 2025. This represents a 27.5% 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 Alpha Teknova's operating cash flow?
Alpha Teknova (TKNO) recorded an outflow of $8.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Alpha Teknova's total assets?
Alpha Teknova (TKNO) had $103.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Alpha Teknova's capital expenditures?
Alpha Teknova (TKNO) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Alpha Teknova spend on research and development?
Alpha Teknova (TKNO) invested $2.2M in research and development during fiscal year 2025.
What is Alpha Teknova's current ratio?
Alpha Teknova (TKNO) had a current ratio of 4.58 as of fiscal year 2025, which is generally considered healthy.
What is Alpha Teknova's debt-to-equity ratio?
Alpha Teknova (TKNO) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Alpha Teknova's return on assets (ROA)?
Alpha Teknova (TKNO) had a return on assets of -16.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Alpha Teknova's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Alpha Teknova (TKNO) held $21.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $8.6M over that year. Dividing the one by the other, the reported balance equals about 30 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Alpha Teknova's Altman Z-Score?
Alpha Teknova (TKNO) has an Altman Z-Score of 4.92, placing it in the Safe Zone (low 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 Alpha Teknova's Piotroski F-Score?
Alpha Teknova (TKNO) has a Piotroski F-Score of 5 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 Alpha Teknova's earnings high quality?
Alpha Teknova (TKNO) reported a net loss of $17.3M while operations used $8.6M 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 Alpha Teknova cover its interest payments?
Alpha Teknova (TKNO) reported an operating loss of $17.0M against $710K 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 Alpha Teknova?
Alpha Teknova (TKNO) scores 47 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.