Cyanotech Corp revenue by segment CYAN

Annual Quarterly

Cyanotech Corp splits its revenue into 7 lines in its filings. The largest line in Q2 of fiscal 2025, the quarter ended Sep 30, 2025 was Packaged Astaxanthin at $3.3 million, 47% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Sep 30, 2025	Q2 FY2025 Sep 30, 2025	Q1 FY2025 Jun 30, 2025	Q3 FY2024 Dec 31, 2024	Q2 FY2024 Sep 30, 2024	Q1 FY2024 Jun 30, 2024	Q4 FY2024 Mar 31, 2024	Q3 FY2023 Dec 31, 2023	Q2 FY2023 Sep 30, 2023
Revenue	24	7	6	6	6	6	5	6	6
Packaged Products	—	—	—	—	—	—	5 share 92.1%	—	—
Packaged Astaxanthin	13 -3.6% share 53.9%	3 +4.7% share 46.8%	3 -9.0% share 51.0%	4 -4.3% share 57.2%	3 -15.6% share 53.4%	3 share 55.3%	—	4 share 66.1%	4 share 58.0%
Bulk Astaxanthin	4 +94.6% share 16.1%	2 +142.6% share 22.0%	1 +49.2% share 19.9%	1 +114.9% share 9.1%	1 +4.1% share 10.8%	1 share 13.1%	0 share 6.3%	0 share 4.7%	1 share 9.5%
Packaged Spirulina	5 +0.7% share 21.4%	1 +20.3% share 18.8%	1 -19.5% share 19.8%	1 +8.2% share 22.4%	1 -31.8% share 18.6%	1 share 24.2%	1 share 25.8%	1 share 22.9%	2 share 25.0%
Bulk Spirulina	3 +41.2% share 11.1%	1 +16.3% share 11.8%	1 +48.0% share 8.7%	0 share 8.0%	1 +97.8% share 12.1%	0 share 5.8%	1 share 10.5%	—	0 share 5.6%
Bulk Products	—	—	—	—	—	—	—	1 share 10.3%	—
Contract Extraction And RD Services	1 -31.0% share 2.3%	0 -85.2% share 0.6%	0 -56.5% share 0.7%	0 +390.2% share 3.3%	0 +156.0% share 5.1%	0 share 1.6%	0 share 6.9%	0 share 0.7%	0 share 1.8%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Medicinal Chemicals & Botanical Products (SIC 2833)
Listed as: CYAN (OTC)
Fiscal year ends: March 31
Incorporated in: NV
Headquarters: Kailua Kona, HI
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 768408

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.