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Azitra, Inc. (AZTR) Fundamental Analysis & AI Grade 2026

AZTR NYSE Pharmaceutical Preparations DE CIK: 0001701478
Updated This Month • Analysis: May 14, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
82% Confidence
AGREEMENT
C
75% Conf
D
90% Conf

📊 AZTR Key Takeaways

Revenue: $0.0
Net Margin: N/A
Free Cash Flow: $-2.5M
Current Ratio: 6.94x
Debt/Equity: 0.00x
EPS: $-0.25
AI Grade: C with 75% confidence
Azitra, Inc. (AZTR) receives a C fundamental grade with 82% confidence from our AI analysis based on SEC 10-K filings. With revenue of $0, and return on equity (ROE) of -37.5%, Azitra, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete AZTR stock analysis for 2026.

Is Azitra, Inc. (AZTR) a Good Investment?

Claude

Azitra is a pre-revenue pharmaceutical company with zero sales and mounting operating losses (-$3.9M), indicating an unproven business model with high execution risk. While the balance sheet is strong with $10.1M cash and minimal debt providing approximately 4 years of runway at current burn rates, the company remains entirely dependent on R&D success with no commercial products generating revenue.

ChatGPT

Azitra remains a pre-revenue biotechnology company with no commercial sales, persistent operating losses, and deeply negative cash generation, indicating that the business has not yet demonstrated economic viability. While the balance sheet is not heavily levered and liquidity is still above 1x, the cash balance of $2.07M appears thin relative to annual operating cash burn of $11.22M, implying substantial financing risk unless fundamentals improve materially.

Azitra, Inc. Key Strengths (AZTR)

Claude
  • + Strong cash position ($10.1M) representing 83% of total assets with zero debt
  • + Excellent liquidity ratios (6.94x current and quick ratio) providing financial flexibility
  • + Manageable cash burn rate (~$2.5M annually) relative to cash reserves with improving EPS trend
ChatGPT
  • + Debt-free capital structure reduces financial leverage risk
  • + Current and quick ratios of 2.83x indicate near-term balance sheet liquidity is still adequate
  • + Net loss improved year over year, suggesting some operating cost progress

AZTR Stock Risks: Azitra, Inc. Investment Risks

Claude
  • ! Zero revenue with no commercial products - completely unproven business model and market viability
  • ! Negative operating cash flow and persistent operating losses worsening year-over-year in absolute terms
  • ! Typical biotech execution risk including dependence on successful clinical trials, regulatory approvals, and market adoption
  • ! Limited financial runway despite cash position - company must achieve commercial success or face depletion
ChatGPT
  • ! Zero revenue means the company has not yet proven product commercialization or recurring demand
  • ! Operating cash flow of -$11.22M versus only $2.07M in cash suggests limited runway and likely dependence on external funding
  • ! Returns on equity and assets are extremely negative, reflecting weak capital efficiency and ongoing value erosion

Key Metrics to Watch

Claude
  • * Revenue generation timeline and first commercial product launch date
  • * Quarterly cash burn rate trend and operating cash flow trajectory
  • * Clinical trial progress and regulatory milestone announcements
  • * Cash runway extension through capital raises or partnership announcements
ChatGPT
  • * Quarterly cash burn relative to cash on hand
  • * Evidence of revenue generation from commercialization, licensing, or collaboration agreements

Azitra, Inc. (AZTR) Financial Metrics & Key Ratios

Revenue
$0.0
Net Income
$-3.9M
EPS (Diluted)
$-0.25
Free Cash Flow
$-2.5M
Total Assets
$12.1M
Cash Position
$10.1M

💡 AI Analyst Insight

Strong liquidity with a 6.94x current ratio provides a solid financial cushion.

AZTR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -37.5%
ROA -32.4%
FCF Margin N/A

AZTR vs Healthcare Sector: How Azitra, Inc. Compares

How Azitra, Inc. compares to Healthcare sector averages

Net Margin
AZTR 0.0%
vs
Sector Avg 12.0%
AZTR Sector
ROE
AZTR -37.5%
vs
Sector Avg 15.0%
AZTR Sector
Current Ratio
AZTR 6.9x
vs
Sector Avg 2.0x
AZTR Sector
Debt/Equity
AZTR 0.0x
vs
Sector Avg 0.6x
AZTR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Azitra, Inc. Stock Overvalued? AZTR Valuation Analysis 2026

Based on fundamental analysis, Azitra, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-37.5%
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Azitra, Inc. Balance Sheet: AZTR Debt, Cash & Liquidity

Current Ratio
6.94x
Quick Ratio
6.94x
Debt/Equity
0.00x
Debt/Assets
13.6%
Interest Coverage
-4,299.37x
Long-term Debt
N/A

AZTR Revenue & Earnings Growth: 5-Year Financial Trend

AZTR 5-year financial data: Year 2023: Revenue $686.0K, Net Income -$10.7M, EPS $-12.74. Year 2024: Revenue $686.0K, Net Income -$11.3M, EPS $-54.98. Year 2025: Revenue $7.5K, Net Income -$9.0M, EPS $-15.70.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Azitra, Inc.'s revenue has declined by 99% over the 5-year period, indicating business contraction. The most recent EPS of $-15.70 indicates the company is currently unprofitable.

AZTR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

AZTR Quarterly Earnings & Performance

Quarterly financial performance data for Azitra, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 N/A -$1.0M $-0.67
Q2 2025 N/A -$2.6M $-0.18
Q3 2024 N/A -$1.0M $-0.17
Q2 2024 $7.5K -$2.5M $-2.74
Q1 2024 N/A -$2.5M $-0.15
Q3 2023 $48.5K -$1.9M $-0.16
Q2 2023 $85.0K -$1.9M $-2.36

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Azitra, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.5M
Cash generated from operations
Capital Expenditures
$14.9K
Investment in assets
Dividends
None
No dividend program

AZTR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Azitra, Inc. (CIK: 0001701478)

📋 Recent SEC Filings

Date Form Document Action
Jun 4, 2026 8-K form8-k.htm View →
May 27, 2026 8-K form8-k.htm View →
May 21, 2026 S-1 forms-1.htm View →
May 13, 2026 8-K aztr-20260513.htm View →
May 13, 2026 10-Q aztr-20260331.htm View →

Frequently Asked Questions about AZTR

What is the AI rating for AZTR?

Azitra, Inc. (AZTR) has a Combined AI Grade of C from Claude (C) and ChatGPT (D) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AZTR's key strengths?

Claude: Strong cash position ($10.1M) representing 83% of total assets with zero debt. Excellent liquidity ratios (6.94x current and quick ratio) providing financial flexibility. ChatGPT: Debt-free capital structure reduces financial leverage risk. Current and quick ratios of 2.83x indicate near-term balance sheet liquidity is still adequate.

What are the risks of investing in AZTR?

Claude: Zero revenue with no commercial products - completely unproven business model and market viability. Negative operating cash flow and persistent operating losses worsening year-over-year in absolute terms. ChatGPT: Zero revenue means the company has not yet proven product commercialization or recurring demand. Operating cash flow of -$11.22M versus only $2.07M in cash suggests limited runway and likely dependence on external funding.

What is AZTR's revenue and growth?

Azitra, Inc. reported revenue of $0.0.

Does AZTR pay dividends?

Azitra, Inc. does not currently pay dividends.

Where can I find AZTR SEC filings?

Official SEC filings for Azitra, Inc. (CIK: 0001701478) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AZTR's EPS?

Azitra, Inc. has a diluted EPS of $-0.25.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is AZTR's fundamental grade?

Based on our AI fundamental analysis in June 2026, Azitra, Inc. has a C grade with 82% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is AZTR stock overvalued or undervalued?

Valuation metrics for AZTR: ROE of -37.5% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is AZTR's AI grade for 2026?

Our dual AI analysis gives Azitra, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AZTR's free cash flow?

Azitra, Inc.'s operating cash flow is $-2.5M, with capital expenditures of $14.9K.

How does AZTR compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin N/A (avg: 12%), ROE -37.5% (avg: 15%), current ratio 6.94 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 14, 2026 | Data as of: 2026-03-31 | Powered by Claude AI