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Side-by-side financial comparison of ASTROTECH Corp (ASTC) and Cyngn Inc. (CYN). Click either name above to swap in a different company.

ASTROTECH Corp is the larger business by last-quarter revenue ($148.0K vs $68.1K, roughly 2.2× Cyngn Inc.). On growth, ASTROTECH Corp posted the faster year-over-year revenue change (-43.3% vs -77.8%). ASTROTECH Corp produced more free cash flow last quarter ($-4.0M vs $-24.8M). Over the past eight quarters, Cyngn Inc.'s revenue compounded faster (251.5% CAGR vs -40.2%).

Astrotech Corporation, formerly Spacehab Inc., is a technology incubator headquartered in Austin, Texas. Astrotech uses technology sourced internally and from research institutions, government laboratories, and universities to fund, manage and sell start-up companies. Astrotech Corporation's subsidiaries provide commercial products and services to NASA, the U.S. Department of Defense, national space agencies, and global commercial customers.

Cyngn Inc. is a technology firm specializing in AI-powered autonomous driving solutions for industrial use cases. It develops self-driving software and hardware integration tools for industrial vehicles including forklifts and pallet trucks, serving manufacturing, warehousing, and logistics customers across North America to improve operational efficiency and worksite safety.

ASTC vs CYN — Head-to-Head

Bigger by revenue
ASTC
ASTC
2.2× larger
ASTC
$148.0K
$68.1K
CYN
Growing faster (revenue YoY)
ASTC
ASTC
+34.5% gap
ASTC
-43.3%
-77.8%
CYN
More free cash flow
ASTC
ASTC
$20.9M more FCF
ASTC
$-4.0M
$-24.8M
CYN
Faster 2-yr revenue CAGR
CYN
CYN
Annualised
CYN
251.5%
-40.2%
ASTC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ASTC
ASTC
CYN
CYN
Revenue
$148.0K
$68.1K
Net Profit
$-3.9M
Gross Margin
5.4%
17.5%
Operating Margin
-2635.8%
Net Margin
-2653.4%
Revenue YoY
-43.3%
-77.8%
Net Profit YoY
2.0%
87.7%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASTC
ASTC
CYN
CYN
Q4 25
$148.0K
$68.1K
Q3 25
$297.0K
$70.0K
Q2 25
$220.0K
$33.7K
Q1 25
$534.0K
$47.2K
Q4 24
$261.0K
$306.4K
Q3 24
$47.6K
Q2 24
$8.7K
Q1 24
$5.5K
Net Profit
ASTC
ASTC
CYN
CYN
Q4 25
$-3.9M
Q3 25
$-3.5M
$-8.4M
Q2 25
$-2.9M
$-5.4M
Q1 25
$-3.6M
$-7.6M
Q4 24
$-4.0M
$-16.1M
Q3 24
$-5.4M
Q2 24
$-5.8M
Q1 24
$-6.0M
Gross Margin
ASTC
ASTC
CYN
CYN
Q4 25
5.4%
17.5%
Q3 25
63.3%
27.4%
Q2 25
33.6%
49.8%
Q1 25
44.4%
74.9%
Q4 24
59.4%
18.5%
Q3 24
Q2 24
Q1 24
Operating Margin
ASTC
ASTC
CYN
CYN
Q4 25
-2635.8%
Q3 25
-1190.6%
-12028.9%
Q2 25
-1326.4%
-16313.4%
Q1 25
-724.2%
-11060.0%
Q4 24
-1655.6%
-1808.7%
Q3 24
-11575.7%
Q2 24
-67076.8%
Q1 24
-108223.5%
Net Margin
ASTC
ASTC
CYN
CYN
Q4 25
-2653.4%
Q3 25
-1166.7%
-12059.9%
Q2 25
-1331.8%
-16154.6%
Q1 25
-680.3%
-16102.9%
Q4 24
-1536.0%
-5261.2%
Q3 24
-11405.9%
Q2 24
-67154.7%
Q1 24
-108290.9%
EPS (diluted)
ASTC
ASTC
CYN
CYN
Q4 25
Q3 25
$-1.20
Q2 25
$-2.70
Q1 25
$-6.60
Q4 24
$-1079.39
Q3 24
$-408.30
Q2 24
$-610.85
Q1 24
$-422.87

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASTC
ASTC
CYN
CYN
Cash + ST InvestmentsLiquidity on hand
$7.0M
$34.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.5M
$38.8M
Total Assets
$19.7M
$50.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTC
ASTC
CYN
CYN
Q4 25
$7.0M
$34.7M
Q3 25
$11.3M
$34.9M
Q2 25
$15.1M
$39.2M
Q1 25
$18.1M
$16.3M
Q4 24
$21.5M
$23.6M
Q3 24
$812.8K
Q2 24
$7.0M
Q1 24
$4.8M
Stockholders' Equity
ASTC
ASTC
CYN
CYN
Q4 25
$15.5M
$38.8M
Q3 25
$19.1M
$38.7M
Q2 25
$22.1M
$46.8M
Q1 25
$24.8M
$22.1M
Q4 24
$28.1M
$-1.0M
Q3 24
$6.6M
Q2 24
$9.7M
Q1 24
$8.0M
Total Assets
ASTC
ASTC
CYN
CYN
Q4 25
$19.7M
$50.1M
Q3 25
$23.2M
$49.3M
Q2 25
$27.0M
$56.2M
Q1 25
$27.5M
$24.3M
Q4 24
$31.0M
$30.1M
Q3 24
$8.5M
Q2 24
$11.9M
Q1 24
$9.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASTC
ASTC
CYN
CYN
Operating Cash FlowLast quarter
$-3.5M
$-23.6M
Free Cash FlowOCF − Capex
$-4.0M
$-24.8M
FCF MarginFCF / Revenue
-2671.6%
-36414.2%
Capex IntensityCapex / Revenue
277.7%
1806.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-14.9M
$-42.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTC
ASTC
CYN
CYN
Q4 25
$-3.5M
$-23.6M
Q3 25
$-3.9M
$-4.1M
Q2 25
$-2.4M
$-6.3M
Q1 25
$-3.9M
$-6.5M
Q4 24
$-3.0M
$-3.6M
Q3 24
$-5.3M
Q2 24
$-4.4M
Q1 24
$-5.8M
Free Cash Flow
ASTC
ASTC
CYN
CYN
Q4 25
$-4.0M
$-24.8M
Q3 25
$-4.4M
$-4.6M
Q2 25
$-2.7M
$-6.4M
Q1 25
$-3.9M
$-6.7M
Q4 24
$-3.4M
$-4.0M
Q3 24
$-5.5M
Q2 24
$-4.7M
Q1 24
$-6.1M
FCF Margin
ASTC
ASTC
CYN
CYN
Q4 25
-2671.6%
-36414.2%
Q3 25
-1476.1%
-6552.1%
Q2 25
-1231.4%
-19070.4%
Q1 25
-728.1%
-14191.4%
Q4 24
-1288.5%
-1291.7%
Q3 24
-11531.2%
Q2 24
-54799.1%
Q1 24
-109824.6%
Capex Intensity
ASTC
ASTC
CYN
CYN
Q4 25
277.7%
1806.3%
Q3 25
150.8%
742.5%
Q2 25
158.2%
517.1%
Q1 25
5.1%
378.5%
Q4 24
122.2%
101.7%
Q3 24
341.4%
Q2 24
4192.3%
Q1 24
3886.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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