NASDAQ : AZTA
Azenta, Inc. — Financial statements
Healthcare · Medical Instruments & Supplies · United States
Last price 41.27 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.81B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Azenta, Inc. (AZTA) reported revenue of 613.81M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 613.81M | 593.82M | 573.45M | 551.49M | 555.50M | 513.70M |
| Cost of Revenue | 343.44M | 323.49M | 318.45M | 312.28M | 299.91M | 269.89M |
| Gross Profit | 270.37M | 270.33M | 255.00M | 239.21M | 255.58M | 243.81M |
| Selling, General & Admin | 257.38M | 261.56M | 262.96M | 263.74M | 251.47M | 252.10M |
| Research & Development | 35.73M | 30.39M | 31.52M | 32.14M | 27.54M | 22.41M |
| Operating Expenses | 293.11M | 291.95M | 294.48M | 295.88M | 279.01M | 274.51M |
| Operating Income | -22.74M | -21.62M | -39.48M | -56.67M | -23.42M | -30.70M |
| Interest Expense | -2.04M | |||||
| Interest & Investment Income | 18.33M | 18.78M | 32.89M | 43.54M | 15.70M | 632.00K |
| Currency Exchange Gain (Loss) | -2.10M | -2.00M | -2.80M | -4.20M | -1.70M | -1.80M |
| Other Non Operating Income (Expenses) | 2.96M | 2.92M | 2.07M | 1.90M | 802.00K | -14.68M |
| EBT Excluding Unusual Items | -3.55M | -1.92M | -7.32M | -15.43M | -8.62M | -48.58M |
| Merger & Restructuring Charges | -3.48M | -5.22M | -11.80M | -4.58M | -712.00K | -385.00K |
| Other Unusual Items | 3.86M | -600.00K | ||||
| Pretax Income | -152.26M | -7.14M | -19.12M | -20.00M | -9.94M | -48.97M |
| Income Tax Expense | -40.17M | -31.60M | 5.24M | -11.96M | 1.35M | -20.10M |
| Earnings From Continuing Operations | -112.09M | 24.46M | -24.37M | -8.04M | -11.29M | -28.87M |
| Earnings From Discontinued Operations | -10.81M | -80.22M | -140.53M | -6.60M | 2.14B | 139.62M |
| Net Income to Company | -122.90M | -55.76M | -164.90M | -14.64M | 2.13B | 110.75M |
| Net Income | -122.90M | -55.76M | -164.90M | -14.64M | 2.13B | 110.75M |
| Net Income to Common | -122.90M | -55.76M | -164.90M | -14.64M | 2.13B | 110.75M |
| Shares Outstanding (Basic) | 45.78M | 45.74M | 53.17M | 66.25M | 74.90M | 74.23M |
| Shares Outstanding (Diluted) | 45.78M | 45.74M | 53.17M | 66.25M | 74.90M | 74.45M |
| EPS (Basic) | -2.68 | -1.22 | -3.10 | -0.22 | 28.48 | 1.49 |
| EPS (Diluted) | -2.70 | -1.22 | -3.10 | -0.22 | 28.48 | 1.49 |
| Free Cash Flow | 9.88M | 38.32M | 12.35M | -33.60M | -539.48M | 97.05M |
| Free Cash Flow Per Share | 0.22 | 0.84 | 0.23 | -0.51 | -7.20 | 1.30 |
| Dividend Per Share | 0.10 | 0.40 | ||||
| Gross Margin | 44.05% | 45.52% | 44.47% | 43.38% | 46.01% | 47.46% |
| Operating Margin | -3.70% | -3.64% | -6.88% | -10.28% | -4.22% | -5.98% |
| Profit Margin | -20.02% | -9.39% | -28.75% | -2.65% | 383.95% | 21.56% |
| Free Cash Flow Margin | 1.61% | 6.45% | 2.15% | -6.09% | -97.12% | 18.89% |
| EBITDA | 33.01M | 35.82M | 43.45M | 20.98M | 30.28M | 26.16M |
| EBITDA Margin | 5.38% | 6.03% | 7.58% | 3.80% | 5.45% | 5.09% |
| D&A For EBITDA | 55.74M | 57.44M | 82.93M | 77.65M | 53.70M | 56.86M |
| EBIT | -22.74M | -21.62M | -39.48M | -56.67M | -23.42M | -30.70M |
| EBIT Margin | -3.70% | -3.64% | -6.88% | -10.28% | -4.22% | -5.98% |
| Revenue as Reported | 613.81M | 593.82M | 573.45M | 551.49M | 555.50M | 513.70M |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 189.65M | 279.78M | 280.03M | 678.91M | 658.27M | 227.43M |
| Short-Term Investments | 136.14M | 61.14M | 151.16M | 338.87M | 911.76M | 81.00K |
| Cash & Short-Term Investments | 325.80M | 340.92M | 431.19M | 1.02B | 1.57B | 227.51M |
| Accounts Receivable | 172.68M | 179.48M | 183.07M | 180.74M | 181.96M | 135.18M |
| Other Receivables | 5.85M | 9.73M | 23.87M | |||
| Receivables | 178.52M | 189.21M | 206.94M | 180.74M | 181.96M | 135.18M |
| Inventory | 79.08M | 74.96M | 71.32M | 128.20M | 85.54M | 60.40M |
| Prepaid Expenses | 24.15M | 27.36M | 22.46M | 74.51M | 113.79M | 35.60M |
| Restricted Cash | 2.41M | 2.36M | 2.07M | 4.65M | 382.60M | 7.14M |
| Other Current Assets | 71.39M | 73.53M | 99.05M | 13.08M | 125.42M | 311.54M |
| Total Current Assets | 681.35M | 708.34M | 833.03M | 1.42B | 2.46B | 777.37M |
| Property, Plant & Equipment | 233.85M | 208.00M | 216.03M | 272.32M | 208.53M | 180.37M |
| Long-Term Investments | 198.19M | 203.69M | 49.45M | 111.34M | 352.02M | 3.60M |
| Goodwill | 547.46M | 702.39M | 691.41M | 784.34M | 513.62M | 469.36M |
| Other Intangible Assets | 85.69M | 101.81M | 125.04M | 294.30M | 178.40M | 186.53M |
| Long-Term Deferred Tax Assets | 494.00K | 726.00K | 837.00K | 571.00K | 1.17M | 10.04M |
| Other Long-Term Assets | 129.19M | 134.62M | 184.46M | 3.89M | 3.03M | 192.25M |
| Total Assets | 1.88B | 2.06B | 2.10B | 2.89B | 3.72B | 1.82B |
| Accounts Payable | 39.38M | 37.72M | 33.34M | 35.80M | 38.65M | 42.36M |
| Accrued Expenses | 65.21M | 58.28M | 65.00M | 94.61M | 100.14M | 131.25M |
| Current Portion of Leases | 7.78M | 8.67M | 10.18M | 7.02M | 5.61M | |
| Current Income Taxes Payable | 6.78M | 9.42M | 9.09M | 7.38M | 28.42M | 8.71M |
| Current Unearned Revenue | 36.04M | 31.57M | 30.49M | 34.62M | 39.75M | 25.72M |
| Other Current Liabilities | 125.16M | 92.90M | 59.50M | 28.35M | 16.57M | 131.43M |
| Total Current Liabilities | 272.57M | 237.67M | 206.09M | 210.93M | 230.55M | 345.09M |
| Long-Term Debt | 49.68M | |||||
| Long-Term Leases | 53.97M | 52.15M | 57.65M | 61.80M | 49.33M | 45.08M |
| Long-Term Unearned Revenue | 3.46M | 1.90M | 1.40M | 4.70M | ||
| Pension & Post-Retirement Benefits | 705.00K | |||||
| Long-Term Deferred Tax Liabilities | 15.84M | 18.25M | 18.18M | 67.30M | 64.56M | 13.03M |
| Other Long-Term Liabilities | 20.25M | 22.63M | 49.09M | 6.49M | 8.31M | 40.60M |
| Total Liabilities | 366.08M | 332.60M | 332.42M | 351.22M | 352.74M | 494.18M |
| Common Stock | 572.00K | 594.00K | 590.00K | 713.00K | 885.00K | 878.00K |
| Additional Paid-In Capital | 493.07M | 529.61M | 505.96M | 1.16B | 1.99B | 1.98B |
| Retained Earnings | 1.25B | 1.42B | 1.48B | 1.64B | 1.66B | -470.05M |
| Treasury Stock | -200.96M | -200.96M | -200.96M | -200.96M | -200.96M | -200.96M |
| Comprehensive Income & Other | -28.74M | -22.21M | -13.46M | -62.43M | -83.92M | 19.35M |
| Shareholders' Equity | 1.51B | 1.73B | 1.77B | 2.53B | 3.36B | 1.33B |
| Total Liabilities & Equity | 1.88B | 2.06B | 2.10B | 2.89B | 3.72B | 1.82B |
| Total Debt | 53.97M | 59.93M | 66.32M | 71.97M | 56.34M | 100.37M |
| Net Cash (Debt) | 467.92M | 482.58M | 414.33M | 1.06B | 1.87B | 130.74M |
| Net Cash Per Share | 10.22 | 10.55 | 7.79 | 15.96 | 24.91 | 1.76 |
| Filing Date Shares Outstanding | 43.81M | 45.99M | 45.58M | 56.11M | 75.02M | 74.35M |
| Total Common Shares Outstanding | 43.76M | 45.86M | 45.57M | 57.83M | 75.02M | 74.35M |
| Working Capital | 408.78M | 470.67M | 626.94M | 1.21B | 2.23B | 432.28M |
| Book Value Per Share | 34.51 | 37.66 | 38.79 | 43.82 | 44.83 | 17.83 |
| Tangible Book Value | 876.98M | 922.78M | 951.40M | 1.46B | 2.67B | 669.44M |
| Tangible Book Value Per Share | 20.04 | 20.12 | 20.88 | 25.17 | 35.61 | 9.00 |
| Buildings | 33.99M | 32.91M | 41.87M | 29.58M | 4.99M | |
| Machinery | 202.34M | 170.76M | 187.45M | 132.32M | 107.08M | |
| Construction In Progress | 22.39M | 29.55M | 33.91M | 36.64M | 52.44M | |
| Leasehold Improvements | 61.24M | 59.95M | 52.67M | 37.49M | 27.16M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -122.90M | -55.76M | -164.90M | -14.64M | 2.13B | 110.75M |
| Depreciation & Amortization | 55.74M | 57.44M | 82.93M | 77.65M | 53.70M | 56.86M |
| Loss (Gain) From Sale of Assets | 93.08M | 93.83M | 296.00K | 43.00K | -2.13B | 1.21M |
| Asset Writedown & Restructuring Costs | 152.56M | 3.48M | 124.72M | 13.36M | ||
| Loss (Gain) From Sale of Investments | -1.35M | -1.58M | -6.03M | -7.87M | -1.89M | 225.00K |
| Stock-Based Compensation | 19.40M | 20.88M | 14.47M | 9.38M | 10.67M | 27.46M |
| Other Operating Activities | -16.64M | -27.04M | -12.60M | -37.62M | -458.36M | -17.27M |
| Change in Accounts Receivable | -13.69M | 21.04M | -12.07M | 34.46M | -31.40M | -69.64M |
| Change in Inventory | -2.17M | -2.67M | 15.90M | 8.25M | -66.63M | -50.44M |
| Change in Accounts Payable | 747.00K | 1.04M | 9.20M | -14.71M | -3.93M | 30.97M |
| Change in Unearned Revenue | -4.53M | 641.00K | -3.56M | -7.56M | 16.60M | -3.94M |
| Change in Other Net Operating Assets | -38.99M | -42.88M | -6.43M | -49.47M | 12.62M | 41.85M |
| Operating Cash Flow | 37.98M | 72.18M | 49.74M | 5.83M | -466.05M | 149.86M |
| Capital Expenditures | -28.09M | -33.86M | -37.39M | -39.44M | -73.44M | -52.80M |
| Cash Acquisitions | -11.15M | -386.51M | -125.88M | -93.71M | ||
| Divestitures | 2.94B | |||||
| Sale (Purchase) of Intangibles | -4.00M | |||||
| Investment in Securities | -61.36M | -59.83M | 260.65M | 828.01M | -1.27B | -30.00K |
| Other Investing Activities | 28.18M | 3.22M | 1.48M | 29.31M | 198.00K | |
| Investing Cash Flow | -72.43M | -90.46M | 224.74M | 431.38M | 1.47B | -146.35M |
| Long-Term Debt Repaid | -985.00K | -783.00K | -578.00K | -50.11M | -1.99M | |
| Net Debt Issued (Repaid) | -983.00K | -985.00K | -783.00K | -578.00K | -50.11M | -1.99M |
| Issuance of Common Stock | 2.40M | 2.77M | 3.28M | 3.62M | 5.25M | 5.81M |
| Repurchase of Common Stock | -52.57M | -11.38M | -661.70M | -843.50M | ||
| Common Dividends Paid | -7.49M | -29.73M | ||||
| Other Financing Activities | -10.40M | |||||
| Financing Cash Flow | -51.16M | -9.59M | -659.21M | -840.46M | -62.76M | -25.91M |
| Foreign Exchange Rate Adjustments | -3.54M | 3.57M | 21.67M | 45.99M | -180.82M | 5.21M |
| Net Cash Flow | -89.14M | -24.30M | -363.06M | -357.25M | 755.96M | -17.19M |
| Free Cash Flow | 9.88M | 38.32M | 12.35M | -33.60M | -539.48M | 97.05M |
| Free Cash Flow Margin | 1.61% | 6.45% | 2.15% | -6.09% | -97.12% | 18.89% |
| Free Cash Flow Per Share | 0.22 | 0.84 | 0.23 | -0.51 | -7.20 | 1.30 |
| Levered Free Cash Flow | 63.37M | 96.81M | 30.62M | 476.95M | -483.10M | 1.64M |
| Unlevered Free Cash Flow | 63.37M | 96.81M | 30.62M | 476.95M | -483.10M | 2.91M |
| Cash Interest Paid | 469.00K | 1.44M | ||||
| Cash Income Tax Paid | 11.34M | 6.57M | 2.70M | 43.07M | 452.46M | 38.02M |
| Change in Working Capital | -58.63M | -22.84M | 3.04M | -29.04M | -72.73M | -51.21M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.71B | 1.32B | 2.37B | 3.02B | 3.22B | 7.60B |
| Enterprise Value | 1.24B | 828.12M | 1.70B | 1.80B | 772.73M | 7.43B |
| Last Close Price | 39.06 | 28.72 | 48.44 | 50.19 | 42.86 | 102.26 |
| PE Ratio | 1.51 | 68.66 | ||||
| Forward PE | 82.81 | 38.51 | 124.46 | 97.70 | 88.01 | 34.08 |
| PS Ratio | 2.79 | 2.22 | 4.13 | 5.47 | 5.79 | 14.80 |
| PB Ratio | 1.13 | 0.76 | 1.34 | 1.19 | 0.96 | 5.74 |
| P/TBV Ratio | 1.95 | 1.43 | 2.49 | 2.07 | 1.20 | 11.36 |
| P/FCF Ratio | 173.18 | 34.35 | 191.84 | 78.35 | ||
| P/OCF Ratio | 45.06 | 18.24 | 47.63 | 517.50 | 50.74 | |
| PEG Ratio | 3.35 | 3.35 | 3.35 | 3.35 | 3.35 | |
| EV/Sales Ratio | 2.03 | 1.40 | 2.96 | 3.26 | 1.39 | 14.47 |
| EV/EBITDA Ratio | 37.67 | 23.12 | 39.05 | 85.72 | 25.52 | 284.19 |
| EV/FCF Ratio | 125.82 | 21.61 | 137.39 | 76.59 | ||
| Debt / Equity Ratio | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.08 |
| Debt / EBITDA Ratio | 1.16 | 1.21 | 1.15 | 1.87 | 1.37 | 2.80 |
| Debt / FCF Ratio | 5.46 | 1.56 | 5.37 | 1.03 | ||
| Net Debt / Equity Ratio | -0.31 | -0.28 | -0.23 | -0.42 | -0.56 | -0.10 |
| Net Debt / EBITDA Ratio | -14.18 | -13.47 | -9.54 | -50.39 | -61.62 | -5.00 |
| Net Debt / FCF Ratio | -47.35 | -12.59 | -33.55 | 31.46 | 3.46 | -1.35 |
| Asset Turnover | 0.32 | 0.29 | 0.23 | 0.17 | 0.20 | 0.30 |
| Inventory Turnover | 4.30 | 4.42 | 3.19 | 2.92 | 4.11 | 5.54 |
| Quick Ratio | 1.85 | 2.23 | 3.10 | 5.68 | 7.60 | 1.05 |
| Current Ratio | 2.50 | 2.98 | 4.04 | 6.73 | 10.67 | 2.25 |
| Return on Equity (ROE) | -7.04% | 1.40% | -1.13% | -0.27% | -0.48% | -2.27% |
| Return on Assets (ROA) | -0.73% | -0.65% | -0.99% | -1.07% | -0.53% | -1.14% |
| Return on Invested Capital (ROIC) | -1.84% | -1.52% | -2.64% | -3.30% | -1.54% | -2.75% |
| Return on Capital Employed (ROCE) | -1.40% | -1.20% | -2.10% | -2.10% | -0.70% | -2.10% |
| Earnings Yield | -6.90% | -4.24% | -6.96% | -0.48% | 66.33% | 1.46% |
| FCF Yield | 0.58% | 2.91% | 0.52% | -1.11% | -16.78% | 1.28% |
| Dividend Yield | 0.23% | 0.39% | ||||
| Payout Ratio | 0.35% | 26.84% | ||||
| Buyback Yield / Dilution | 1.07% | 13.98% | 19.74% | 11.54% | -0.59% | -0.82% |
| Total Shareholder Return | 1.07% | 13.98% | 19.74% | 11.54% | -0.36% | -0.43% |