Anterix ATEX

Telecommunications Services, Communication Services

$74.90

+2.38%

Market cap: $1.5B
PE: 21.4×; 3y median 19.4×
Forward PE: n/m; not a meaningful number
Price to sales: n/m; a sliver of sales
EV/EBIT: 18.0×
Revenue, 12 months: $7M; +19% on a year ago
Net margin: n/m; outside −100% to 100%
Free cash flow yield: 0.7%

Anterix trades at 21.4× trailing earnings, near its ten-year median. Revenue was $7M over the last twelve months, up 19% on a year earlier.

Charts

Financials

Income statement for ATEX, by quarter
Income statement	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
	$1.1M+164%	$1.3M+120%	$1.3M+107%	$1.5M+151%	$1.6M+47%	$1.6M+23%	$1.4M+10%	$1.4M−7%	$1.6M+0%	$1.6M+0%	$2M+41%	$2M+38%
Cost of revenue	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Gross profit	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
R&D	$1.1M+17%	$1.2M+32%	$2.2M+57%	$1.8M+64%	$1.8M+55%	$1.1M−10%	$1.1M−51%	$1.1M−36%	$1.2M−32%	$1.1M−1%	$1.3M+16%	$1.2M+9%
SG&A	$13.2M+5%	$12.6M−6%	$11.3M−8%	$14.7M+14%	$12.8M−4%	$10.5M−17%	$10.8M−5%	$11.9M−19%	$9.8M−23%	$10.1M−4%	$11.1M+3%	$11.5M−3%
	$2.3M	$969K	−$10.5M	−$15M+429%	−$13.1M	$7M+626%	$9.4M	$22.5M	$60.7M	−$9.1M	$19.8M+111%	−$246K
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pre-tax income	$2.7M	$1.7M	−$9.5M	−$14.3M+507%	−$12.5M	$7.5M+349%	$9.9M	$22.9M	$61.1M	−$8.7M	$20.4M+106%	$614K−97%
	$645K+200%	$1.3M+537%	−$130K	$1.2M	$230K−64%	−$234K	$674K	−$2.3M	$7.5M+3169%	−$2.1M+777%	$1.9M+176%	$374K
Net income	$2.1M	$328K	−$9.4M	−$15.5M+633%	−$12.8M	$7.7M+2251%	$9.2M	$25.2M	$53.5M	−$6.6M	$18.5M+101%	$240K−99%
	$0.11	$0.02	−$0.51	−$0.84+664%	−$0.69	$0.41+1950%	$0.50	$1.35	$2.86	−$0.35	$0.98+96%	$0.01−99%
	19.1M+1%	18.9M−0%	18.5M−2%	18.5M−2%	18.6M−3%	18.8M−1%	18.6M+1%	18.7M+1%	18.7M+1%	18.7M−1%	18.9M+2%	19.6M+5%

Gross profit: 14 periods, Q2 FY19 to Q4 FY23: not printed by the filing, worked out from its own lines.

EPS, diluted: 6 periods, Q4 FY14 to Q4 FY26: quarter's net income to common over its shares, to the cent.

Diluted shares: 10 periods, Q4 FY14 to Q4 FY24: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 3 periods, Q4 FY23 to Q4 FY26: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Telecommunications Services nearest Anterix's size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
ATEXAnterix	$1.5B	21.4×	19.4×	n/m	+19%	n/m
IDTIDT	$2B	23.8×	17.3×	1.6×	+5%	6.7%
CALXCalix	$2.3B	49.3×	69.5×	2.1×	+28%	4.6%
ADArray Digital Infrastructure	$2.9B	5.4×	23.7×	13.6×	−80%	n/m
TDSTelephone & Data Systems	$4.1B	11.8×	19.5×	3.2×	−42%	33.2%
IRDMIridium Communications	$4.7B	29.4×	24.2×	5.2×	+4%	18.1%
ATNIATN International	$399.1M	2.6×	46.7×	0.5×	+2%	22.5%
SPOKSpok	$215.5M	17.8×	20.4×	1.6×	−3%	9.0%
CXDOCrexendo	$191.2M	41.1×	66.0×	2.4×	+25%	5.3%
CHTRCharter Communications	$13B	2.8×	17.6×	0.2×	−1%	9.1%
Peer median	$2.3B	17.8×	23.7×	2.1×	+2%	9.0%