Anterix (ATEX) financial statements
Anterix reported revenue of $7M in fiscal 2026, up 3.5% a year over 9 years.
Net income was $91M and the operating margin 1444.9%, against -684.8% in 2017.
Free cash flow was $5M, and the company returned $990,000 in net buybacks.
The diluted share count rose 30% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Anterix's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5M | $6M | $6M | $2M | $921,000 | $1M | $2M | $4M | $6M | $7M |
| Cost of revenue | $7M | $8M | $5M | $3M | $2M | $5,000 | $0 | — | — | — |
| Gross profit | -$2M | -$2M | -$752,000 | -$1M | -$685,000 | $1M | $2M | — | — | — |
| Research and development | $2M | $2M | $2M | $3M | $4M | $4M | $4M | $6M | $6M | $5M |
| Selling, general and admin | $28M | $28M | $23M | $30M | $42M | $44M | $51M | $50M | $49M | $43M |
| Operating income | -$33M | -$32M | -$43M | -$38M | -$55M | -$37M | -$16M | -$10M | -$12M | $94M |
| Interest expense | $5,000 | $3,000 | — | — | — | — | — | — | — | — |
| Pre-tax income | -$33M | -$31M | -$41M | -$35M | -$54M | -$37M | -$15M | -$8M | -$9M | $96M |
| Income tax | $6M | -$6M | $688,000 | $2M | $124,000 | $983,000 | $1M | $2M | $2M | $5M |
| Net income | -$39M | -$25M | -$42M | -$38M | -$54M | -$38M | -$16M | -$9M | -$11M | $91M |
| EPS (diluted) | -$2.72 | -$1.70 | -$2.88 | -$2.29 | -$3.13 | -$2.07 | -$0.87 | -$0.49 | -$0.61 | $4.83 |
| Diluted shares | 14M | 14M | 15M | 16M | 17M | 18M | 19M | 19M | 19M | 19M |
| Gross margin | -47.3% | -24.3% | -11.6% | -81.1% | -74.4% | 99.5% | 100.0% | — | — | — |
| Operating margin | -684.8% | -499.2% | -657.6% | -2399.8% | -5951.0% | -3399.3% | -857.8% | -241.5% | -194.2% | 1444.9% |
| Net margin | -818.6% | -386.6% | -646.1% | -2406.5% | -5910.3% | -3461.2% | -850.3% | -217.8% | -188.6% | 1394.2% |
Balance sheet
Fiscal years, from Anterix's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $124M | $98M | $77M | $137M | $118M | $106M | $43M | $61M | $47M | $99M |
| Receivables | $636,000 | $935,000 | $444,000 | $61,000 | $4,000 | $0 | — | — | — | — |
| Inventory | $128,000 | $173,000 | — | — | — | — | — | — | — | — |
| Total current assets | $126M | $100M | $78M | $142M | $121M | $116M | $59M | $73M | $61M | $120M |
| Property, plant and equipment | $15M | $13M | $10M | $7M | $4M | $3M | $4M | $2M | $1M | $827,000 |
| Total assets | $245M | $220M | $197M | $267M | $253M | $278M | $279M | $325M | $333M | $465M |
| Total current liabilities | $5M | $5M | $9M | $9M | $9M | $10M | $32M | $18M | $27M | $36M |
| Total liabilities | $18M | $12M | $16M | $22M | $41M | $92M | $99M | $164M | $177M | $203M |
| Shareholders' equity | $228M | $209M | $181M | $245M | $213M | $186M | $180M | $161M | $157M | $262M |
| Net debt | -$124M | -$98M | -$77M | -$137M | -$118M | -$106M | -$43M | -$61M | -$47M | -$99M |
Cash flow
Fiscal years, from Anterix's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$27M | -$22M | -$23M | -$28M | -$10M | $18M | -$27M | $42M | -$29M | $6M |
| Capital spending | $2M | $950,000 | $724,000 | $464,000 | $230,000 | $1M | $2M | $307,000 | $87,000 | $31,000 |
| Free cash flow | -$28M | -$23M | -$24M | -$28M | -$10M | $17M | -$29M | $42M | -$29M | $5M |
| Stock-based compensation | $5M | $6M | $10M | $6M | $16M | $14M | $18M | $16M | $14M | $11M |
| Share buybacks (net) | — | — | — | $0 | $0 | -$15M | -$8M | -$25M | -$8M | -$990,000 |
| Free cash flow margin | -587.9% | -360.9% | -366.4% | -1808.6% | -1106.3% | 1555.4% | -1530.8% | 994.7% | -486.7% | 84.3% |
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Open ATEX in InvestinglyQuestions
What was Anterix's revenue in 2026?
$7M in fiscal 2026, from its 10-K filing.
How much free cash flow does Anterix generate?
$5M in fiscal 2026 (operating cash flow minus capital spending).
From Anterix's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.