---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-062023"
form_type: "8-K"
ticker: "TKNO"
cik: "0001850902"
company_name: "Alpha Teknova, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:41:32.580820+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Teknova Q3 revenue $8.2M, down 24% YoY; net loss $10.2M; raised $22.9M equity, trimmed debt

## Summary
- Q3 revenue $8.2M (-24% YoY); Lab Essentials $7.3M (-23%), Clinical Solutions $0.6M (-35%).
- Net loss $10.2M ($0.34/share) vs $22.5M ($0.80/share) prior year; adjusted EBITDA -$5.5M.
- Gross margin fell to 18.0% from 44.6% due to lower revenue and fixed cost underabsorption.
- Raised $22.9M equity capital; repaid $10.0M long-term debt; expects FY free cash outflow <$30M.
- FY2023 revenue now expected at low end of $37-40M guidance range.

## SEC filing metadata
- accession: 0000950170-23-062023
- form_type: 8-K
- ticker: TKNO
- cik: 0001850902
- company_name: Alpha Teknova, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1850902/000095017023062023/0000950170-23-062023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1850902/000095017023062023/tkno-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-062023
- JSON: https://secwatch.observer/filing/0000950170-23-062023.json
- Plain text: https://secwatch.observer/filing/0000950170-23-062023.txt

## Key facts
- Earnings Releases
  Alpha Teknova, Inc. reported the third quarter ended September 30, 2023 results: revenue total revenue was $8.2 million, net income Net loss for the third quarter 2023 was $10.2 million, or negative $0.34 per diluted share, EPS negative $0.34 per diluted share. Guidance lowered.
  - Period: the third quarter ended September 30, 2023
  - Revenue: total revenue was $8.2 million
  - Net income: Net loss for the third quarter 2023 was $10.2 million, or negative $0.34 per diluted share
  - EPS: negative $0.34 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: 99.1 Teknova Reports Third Quarter 2023 Financial Results Raised $22.9 million of equity capital, paid down $10.0 million of long-term debt Third quarter 2023 total revenue was $8.2 million, down 24% from prior year Expect 2023 revenue at the low end of previously announced guidance range of $37-40 million HOLLISTER, Calif., November 9, 2023 – Alpha Teknova, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850902/000095017023062023/0000950170-23-062023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.