Quarterly ResultAug 5, 2026, 04:15 PM
Teknova Q2 Revenue $12.2M, up 18%; Raises 2026 Guidance
AI Summary
Alpha Teknova, Inc. reported strong financial results for the second quarter ended June 30, 2026, with total revenue increasing 18% year-over-year to $12.2 million. The company also announced an improved net loss and significantly reduced Free Cash Outflow. Following these results, Teknova raised its full-year 2026 revenue guidance to $45-47 million and adjusted its Free Cash Outflow expectations to less than $8 million. Additionally, the company launched its proprietary AI-powered Build-TekTM custom order configurator.
Key Highlights
- Total revenue for Q2 2026 was $12.2 million, an 18% increase from Q2 2025.
- Lab Essentials revenue grew 18% to $9.2 million in Q2 2026.
- Clinical Solutions revenue increased 18% to $2.4 million in Q2 2026.
- Gross margin improved to 40.1% in Q2 2026, up from 38.7% in Q2 2025.
- Net loss for Q2 2026 was $(3.2) million, or $(0.06) per diluted share.
- Adjusted EBITDA for Q2 2026 was $(0.7) million, an improvement from $(0.8) million.
- Free Cash Outflow significantly improved to $(0.6) million in Q2 2026.
- Company raised 2026 revenue guidance to $45-47 million and expects Free Cash Outflow less than $8 million.
Price Impact
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