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Alpha Teknova (TKNO) investor relations material
Alpha Teknova Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Full year 2025 revenue reached $40.5 million, up 7% year-over-year and in line with guidance.
Q4 2025 revenue was $10.0 million, up 8% over Q4 2024, with strong growth in Clinical Solutions.
Catalog product sales led growth, and active clinical product customers increased by 25% to 60.
Delivered 95% on-time product delivery and maintained a 95% customer retention rate for significant accounts.
Free cash outflow was $9.8 million, better than guidance and improved from negative $13.5 million in 2024.
Financial highlights
Gross margin improved to 33.2% in 2025 from 19.2% in 2024, with Q4 2025 at 32.5%.
Net loss for 2025 was $17.3 million ($0.32/share), improved from $26.7 million ($0.57/share) in 2024.
Adjusted EBITDA for 2025 was negative $6.7 million, improved from negative $14.5 million in 2024.
Cash and equivalents at year-end: $21.3 million; gross debt: $13.2 million.
Operating expenses for 2025 were $30.4 million, down from $33.4 million in 2024.
Outlook and guidance
2026 revenue guidance: $42–$44 million, implying ~6% growth at midpoint.
Gross margin expected in the mid-30% range for 2026.
Increased investment in sales and marketing by $2 million in 2026 to drive future growth.
Targeting positive adjusted EBITDA by end of 2027, requiring $52–$57 million annualized revenue.
Free cash outflow expected to be less than $10 million in 2026.
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