Astrotech Corporation (Nasdaq: ASTC) released its financial results for the second quarter (Q2) of fiscal year 2026, ended December 31, 2025. The company reported revenue of USD 0.15 million for Q2, with a gross profit of USD 0.01 million. For the half year $(HY)$ ended December 31, 2025, revenue reached USD 0.45 million and gross profit was USD 0.20 million. Research and development expense for Q2 was USD 1.83 million, representing a 25 percent decline as the company transitions from development stage to saleable products for its EN-SCAN Handheld GC and 1st Detect Tracer 1000 product lines. Selling, general and administrative expenses totaled USD 2.08 million for Q2 and USD 3.86 million for the half year. Astrotech has deployed the TRACER 1000 trace detection system in approximately 35 locations across 16 countries in the United States, Europe, and Asia as of December 31, 2025. The company reported continued positive momentum in its global sales pipeline and announced the appointment of Scott Bartley as Interim Chief Financial Officer and David Spada as Director of Global Sales at its 1st Detect subsidiary.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Astrotech Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9654367) on February 13, 2026, and is solely responsible for the information contained therein.