10-Q quarterly report · filed Nov 12, 2025

Anterix Inc. (ATEX) Q3 2025 10-Q Quarterly Report

Short answer

Anterix Inc. (ATEX) filed its Q3 2025 10-Q quarterly report on Nov 12, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $2M (up 0.1% year over year) with net income of $54M.

Q3 2025 key financials · XBRL

Revenue
$2M
+0.1% YoY · +9.4% QoQ
Net income
$54M
+519.4% YoY · +112.6% QoQ
Operating margin
3909.5%
EPS (diluted)
$2.86
+514.5% YoY · +111.9% QoQ

Source: XBRL data from the Anterix Inc. (ATEX) Q3 2025 10-Q on SEC EDGAR. USD.

Anterix Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly spectrum revenue $1.552M, up $0.001M from $1.551M YoY
  • Net income $53.536M vs net loss $12.766M YoY, driven by $59.602M exchange gain
  • Best performance: broadband-license exchange gain $59.602M and sale gain $11.469M
  • Cash $39.1M at September 30; six-month operating cash used $1.736M vs $5.009M
  • Share repurchases $0.990M; management expects liquidity through 12 months but may need additional capital

Risk Factors

  • New regulatory risk: October 1, 2025 federal shutdown reducing FCC staffing and suspending most licensing activity
  • Most material update: FCC broadband-license processing delays threatening customer delivery obligations and 900 MHz commercialization
  • Compliance risk: delayed licenses could prevent timely fulfillment of existing commercial agreements in designated service territories
  • Near-term operational risk: prolonged or recurring shutdown could disrupt commercialization execution and customer commitments
  • Financial risk: extended shutdown could materially impair liquidity, results of operations, and prospects

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Anterix Inc. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.