Astroscale Holdings (TSE:186A) Operating Income: 円-9,975 Mil (TTM As of Apr. 2026)

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TSE:186A Astroscale Holdings Inc TSE:186A
5 GF Score
Price 円1,130.00
! 4 Warning Signs
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What is Astroscale Holdings Operating Income?

Astroscale Holdings TSE:186A -0.44% 5 Operating Income is 円-9,975 Mil as of Apr. 2026. GuruFocus rates TSE:186A with a GF Score™ of 5/100. The stock has 4 warning signs investors should review.

Astroscale Holdings's Operating Income for the three months ended in Apr. 2026 was 円-2,838 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was 円-9,975 Mil.

Warning Sign:

Astroscale Holdings Inc had lost money in 92% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Astroscale Holdings's Operating Income for the three months ended in Apr. 2026 was 円-2,838 Mil. Astroscale Holdings's Revenue for the three months ended in Apr. 2026 was 円1,525 Mil. Therefore, Astroscale Holdings's Operating Margin % for the quarter that ended in Apr. 2026 was -186.12%.

Astroscale Holdings's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Astroscale Holdings's annualized ROC % for the quarter that ended in Apr. 2026 was -41.49%. Astroscale Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -58.66%.


Astroscale Holdings  (TSE:186A) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Astroscale Holdings's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-11350.468 * ( 1 - -0% )/( (25942.481 + 28767.371)/ 2 )
=-11350.468/27354.926
=-41.49 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=32704.043 - 1874.062 - ( 13929.097 - max(0, 15318.189 - 20205.689+13929.097))
=25942.481

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=32121.83 - 2430.404 - ( 10021.823 - max(0, 17107.461 - 18031.516+10021.823))
=28767.371

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Astroscale Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6214.984/( ( (10126.809 + max(-5908.595, 0)) + (11063.327 + max(-5863.061, 0)) )/ 2 )
=-6214.984/( ( 10126.809 + 11063.327 )/ 2 )
=-6214.984/10595.068
=-58.66 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(906.852 + 0 + 2768.76) - (1874.062 + 0 + 7710.145)
=-5908.595

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1616.497 + 0 + 3885.827) - (2430.404 + 0 + 8934.981)
=-5863.061

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Astroscale Holdings's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-2837.617/1524.638
=-186.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Astroscale Holdings Operating Income Related Terms


Astroscale Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Astroscale Holdings's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Astroscale Holdings Operating Income Chart

Astroscale Holdings Annual Data
Trend Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
-6,404.28 -9,665.63 -11,555.73 -18,755.00 -9,975.39

Astroscale Holdings Quarterly Data
Apr22 Jan23 Apr23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,071.95 -2,376.06 -2,372.53 -2,389.18 -2,837.62
TSE:186A
5GF Score
Astroscale Holdings Inc TSE:186A
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Astroscale Holdings Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-9,975 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of 円-9,975 Mil mean?
Astroscale Holdings (TSE:186A) has a Operating Income of 円-9,975 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Astroscale Holdings and its competitors.
Is Astroscale Holdings' Operating Income too high?
Astroscale Holdings' current Operating Income is 円-9,975 Mil. Overall, Astroscale Holdings has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Astroscale Holdings' Operating Income compare to SPCX and GE?
Astroscale Holdings' Operating Income of 円-9,975 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Astroscale Holdings and its competitors. Astroscale Holdings's current Operating Income is 円-9,975 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astroscale Holdings stock overvalued right now?
Astroscale Holdings (TSE:186A) has a current Operating Income of 円-9,975 Mil. The current Operating Income is 円-9,975 Mil. Astroscale Holdings' overall GF Score™ is 5/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Astroscale Holdings (TSE:186A), the current Operating Income is 円-9,975 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Astroscale Holdings Business Description

Other Exchanges J9H:Germany
Address 4-17-1 Kinshicho, Sumida-ku, Tokyo, JPN, 130-0013
Astroscale Holdings Inc is developing new and scalable solutions across the spectrum of on-orbit servicing, including life extension, in-space situational awareness, end of life, and active debris removal, to create sustainable space systems and mitigate the growing and hazardous buildup of debris in space.
5GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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